At the 1H, 3H and 12H timeframe chart we can see a nice unfinished cup&handle formation. Taking into account previous gradual rise and volume decline we will see a handle formation soon. Indicators show a subsequent sharp rise afterwards
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend behavior, stochastic rsi showing momentum is in favor of bears. Resistance found at 1500, THETA has bounced off our dynamic support at 1360. Will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price has been stuck in confiscation...
OBV increases. In such cases, the price follows it.
targets on the chart.
indicators are compressed for a shot.
need good news for growth
nabny18.mapyourshow.com
#THETA (THETA/BTC)
Buy : 1300
Flash Sell : 1350
Short Sell : 1400
Long Sell : 1450-1500-1550-1600
Stop : 1240
Follow me for more signals daily
Inbox me if you need more services
#THETA (THETA/BTC)
Buy : 1300
Flash Sell : 1350
Short Sell : 1400
Long Sell : 1450-1500-1550-1600
Stop : 1240
Follow me for more signals daily
PM me if you need help or learn to trade
Check out the link in the description for a detailed analysis on how I made the chart - and how you can do the same!
Learn to chart like a boss!
And most importantly - stay cryptic yall! -BK-
Our "Crypto Bottom" Trading Indicator has correctly identified a buy in point on the 23rd of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 61.40% PROFIT!!!
The increase in price may also be explained by positive developments including:
...
Daily
Looking at our trend timeframe we see price is stuck in a descending triangle, stochastic rsi showing momentum in favor of bulls. A daily close above 1700 activates our trade, other wise waiting for BTC to for support.
There is call skew in TSLA right now which makes call selling more profitable than put selling. I am going to take advantage of the high IV and the call skew by selling premium on the call side. In addition there are 2 long tailed bearish candles, one of them being a bearish pinbar, which could signal weakness in the short term. Keep in mind these bearish...
