Hey traders! Today, I want to discuss an intriguing chart pattern I've identified on $1INCH. Let's explore the falling wedge pattern and its implications, particularly in relation to the parabolic trend. 📊💡 Pattern: Falling Wedge 📉🔽 Symbol: CRYPTOCAP:1INCH 💰 Overview: A falling wedge is a bullish chart pattern characterized by converging trendlines, with the...
Today’s content: 1. Why each exit is within 3 months? 2. Why I turn from investing to trading the US markets since Jan 2022 and onwards If you have been following, today’s is the 6th tutorial in our Trading Series: 1. “The buy strategy” 2. “The sell strategy” 3. “Developing long & short-term view” 4. “Choosing between the time frame” 5. “The entry” 6. “The...
If your in a position here is some profit taking targets. Volume is increasing
After yesterday's @FollowMyForex trend following strategy to buy USDCAD on the H4 chart price never looked back and just blew through our first and then second targets. This is why our trend-following system will always be my personal favourite. When it gives a signal I always have so much confidence in the trade. You just know that you are getting on board with...
Bullish Divergence on the RSI... higher lows, and yet the price has stayed about the same. Big resistance at 6k, but after that we are clear until 7.4k. Kyber Network Credits (KNC) has spiked to that level twice already on kucoin. So that is where I would place the first profit target, around 7.4k satoshis. A good stop-loss would be 5k satoshis, but that's up to...
After waiting for what feels like a month, LUN seems to be ready for its next run.. --- Time requirement for targets to be met are undefined and difficult to project in advance.. This is not investment advice, merely my personal opinion and therefore fallible.. Trade safely.. I don't accept responsibility for any losses incurred, but will however attempt to...