The blue lines indicate the forward path of the bitcoin. The orange lines indicates the primary support and resistanc levels while the red lines indicates the secondary support and resistance levels. Correct me if I am wrong. I'm new here and just checking out this website.
I'm tying to work the breakout play as explained here www.youtube.com
As always, ongoing learning! In going over the RCNETH pair, I scanned before the flag to see if there were signs showing potential movement upwards before the flag. I found what looks to be a double top along with a crossing above the signal line to indicate upwards movement. Within the pennant itself, it seems that there is what looks like a double top as...
This continues to be another thought exercise for me. Hopefully it will be for you too. Any comments about my approaches are welcome as we often best see the errors in others than we do in ourselves. It seems the market sometimes speaks well to me while other times, it's a completely foreign language. Continuing the mission to dig myself out of negative...
I am continuing my practice, so this shouldn't be advice that is actionable and is more of a thought exercise. This time around, I'm focusing on BTC pricing as I have roughly half of my holdings in BTC at the moment. Being a newbie, I did not have any idea about the need for liquidity to help with buying the lows, so I am looking for an opportunity to sell 25%...
Brand new at this and my first publish Basics shown with line running across highs and base point meet up at this level 500 At this level it would appear that a major move in either direction is likely. I personal like to follow the trend (up) Any thoughts?
My opinion is ,price will go up to take engulf first when the market open,then it will go short.
Demand Zone Confirmation. Learning how to draw support and resistance lines and Supply and Demand Zone. It has been tested and seems to be bullish. Another 100 pips in the uptrend will trigger my BUY STOP. Can continue to the first supply zone (.77222) or the second (.78662) for a good run. If the alternative happens down the road during the first, or...
What do you guys think, we might see a pull back if price breaks the trend line. Any objections/suggestions are welcome.
Maybe something big is coming Any objections/suggestions are welcome.
A double bottom reversal has formed. Price should surge upwards and forming a potential triple top reversal in the future around the 134.383 range, which ultimately, could follow a break below the support level of around 131.712. What do you think? Give me feedback. I'm a newbie - so I need it.
I'll personally wait for a push or pull, what do you think ? Please leave a comment. Any objections/suggestions are welcome.
What do you guys think ? I see a possible pull back. Any objections/suggestions are welcome.
What do you guys think ? Price may bounce off this support and go back up to 113.900 - 144.000. Any objections/suggestions are welcomed.