Hello, I am currently expecting some of this movement, may not be exact, but as soon as we somehow get into the marked SELL zone, I will want to sell. I personally prefer setting up multiple TPs, here's an explanation: 1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns 2) 2-5 :1 means profit (25% trade...
Hello! Let's take a look at Bitcoin analysis together, we all know that we are still strongly bearish on cryptocurrencies. Most people think that the price of BTC will go to $15,000 and for that reason it is very likely that we will go up! Which of course for me as a trader does not mean that I will buy, because the analysis does not tell me such a thing and...
Hello everyone! It's Friday and most likely nothing major will happen in the markets at the moment, I'll be focusing on crypto trading over the weekend, however I'll be waiting here for those marked green levels to hit and once they're hit I'll be focusing on selling, but it all depends! The price may turn around right now or it may continue to fall. If it...
USD/CAD has been bearish for the most part of last month and we are likely to see a bullish recovery if certain major structural levels are broken, for now I will only WAIT for a clear directional confirmation to make any further trade decisions.
if the price touches the bottom of channel then nice ... i buy , i close 70% of position at red line then nice ...i wait... at top of channel short is nice too.
Just waiting for price action to start leaking out the cone so I can lick it up 😂
This market has been looking quite bullish and is has been overbought as indicated by the RSI. I'm anticipating a sell but not just yet. ○Mark out HL of the trend ○Wait for them to be broken. ○Enter at retest.
Looking for a good break out of this pattern and in the MACD again. Right now is retesting, we will be waiting for a bullish pattern as this can be also a fakeout
i hope this break from 3999, because if you look at the bookmap, there are a lot of people queuing to sell on 3999 let se what the next news. get pump or dump
Swipe (SXP) Buy Zone -------------------- BIAS Mid-Term : Neutral Long-Term : Bullish Risk : Medium Swipe has become mid-term neutral as it retested its $1.2 zone and rejected them with recent strength. This means we have to wait for further price action confirmation, which will determine SXP’s next significant move. -------------------- $SXP/USDT LONG...
Update on the BTC wiggle waggle idea, linked below. BTC is fighting a narrow but important S/R channel (Bright yellow channel), on multiple timeframes. 4H is saying time for a bounce, 12H says not so much. I'm sitting on my hands until the S/R Channel is resolved. After all it is Monday, lets not make it any worse. Target #1 = WAIT! for BRIGHT YELLOW CHANNEL to...
CAPITALCOM:SP35 We are just taking a look at the IBEX 35 and not planning on opening up any positions. This trade is a bit too complicated, and there are no clear signals (because there are too many almost) to indicate which way the price wants to go. A downward trendline from May 2017 connects a peak in February 2020. Technically from this, we can gather that...
70 Pip range on the 1hr/4hr i believe the forex market is setting up for fomc tomorrow, we shall wait and allow price to interact with the weekly level at 153.400
Looking for a pullback to 1.257 for buys This pair is playing out bearish as anticipated. It is possible that we can just continue up to the Next 4hr Zone at 1.27300. However, after looking at the daily top wick rejection which is larger than the body of the daily candle itself.. I question. It is possible we may consildate here at resistance for a day and break...
DERO is good currency but it's price has grown rapidly, and even now, although it has well correction in price, it still seems to be in the overvalued range. In my opinion, the price in the range of 2.5$ can be suitable for buying the first step.
LTC could see a minor bounce before hitting that support. You bet I will be buying the dip if it does hit that support. With El Salvador adopting crypto it's only a matter of time before LTC and Iota start doing what cryptos do best. The RRG looks really crazy as the overall trend for most (but not all) crypto is a downtrend. If you finding gains on crypto rn, you...
FTM weekly time frame - target 0.90 over next few weeks watching the DXY on the monthly seems like it will work the channel up to 98 -100 once I see the DXY drop , it signals BTC pump dragging FTM up Dont expect much action over the Holidays so go enjoy family friends and standby for the action
After today's dip, BTC hit as low as 41.6K. The shock perfectly matched with the time for cash-out before year's biggest holiday. The market is now even more unexpectable after what happened today and would take at least few more days to have an overall picture of the trend and do a proper technical analysis. However, as I thought, BTC might still has a way to go...