Pair: HTX:CSPRUSDT
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on H4 time-frame
- Price action is close to bottom of a Parallel Channel
- Price is entering a Demand Zone (Yellow area @ Current rice)
- Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just...
Entry here looks to be in the channel of $53.69 and $54.54
Retest the 34 EMA and run north, notice the prior
marked bubbles, hit the 34 and run
-*Buy the dip on an uptrending stock*-
Yes, lots of marked lines, etc. But learn something here, and profits will come eventually...
Once this hits the 34 EMA and/or our price target channel 53.69/54.54 VOLUME MUST BE...
Todays Analysis – DLTBTC – Trading within a range as price retraces to test daily support
Points to consider:
- Support confluence
- Declining Volume
- RSI below 50
- Stochastics Oversold
DLTBTC needs to hold daily support upon retest as it confluences with the .618 Fibonacci resistance to substantiate the thesis of a long trade to structural resistance....
Hi Traders!
The market is in a strong Downtrend.
As you can see the market also reached the Support.
The momentum of the price decreased too.
The market is at the moment in a descending wedge.
The Trading Idea is simple: Just wait for the Break of the Upper Trendline.
We have these confirmations now:
RSI is oversold
Stochastic is oversold
Market at daily...
Step #1: Identify a strong trading market that has a clear bullish trend
The first step is to identify a strong trading market that has a clear bullish trend.
Our team at Trading Strategy Guides has discovered that you can benefit more by using the stochastic indicator to trade pullbacks rather than trying to pick a falling knife or to jump in front of a...
