Welcome back to this week’s trading recap video. Let's take a look at the positions that closed down this week. I will explain my approach on the entry, SL, TP and management.
Litecoin (LTCUSD) - Running about 2% profit
Stellar (XLMUSD) -...
As you can see, the price of bitcoin is squeezing. Given the resistance range 66000-66500, if this resistance is broken, we will probably climb to the range above 80,000 and then have pull back and continue the climb.
But if the 59000 support is broken, the correction will probably continue up to the range of 50,000-49000, and if that support fails,...
- In this idea I want to show you a Moon pattern, which is absolutely ready for a massive breakout in the immidiate, short term!
- Please watch my related idea about LSKUSD in the related section, you really do not want to miss it.
- Our minimum profit target is 0.618 FIB, you should not take profits earlier than it is necessary.
- Must reach my profit target...
Right now everything is just right on Twitter.
In the past few weeks a wedge has formed that now seems to break out in the 3/4 range. We were also able to overcome the MA50 with high trading Volume . Compared to its direct competition from the tech sector, Twitter has a favorable price / earnings ratio of 15. The fact that the NASDAQ-100 has some catching up to...
Great opportunity to Buy REN
Currently we are sitting above the POC *Point of control and
have the 30/50/100/200 EMA underneath us .
Previously this resistance pulled us back beneath the EMAS in which case
we continued to consolidate and now have broken through the resistance .
We are ready for take off provided there is no eratic BTC movements and we...
We can see 1INCH here had a strong bullish impulse up, and follow by a correctional structure.
This is a good indication that price is correcting for the next impulse phrase.
We can see some clean LTF price action, a decending channel, follow by a reversal impulse up, and now potentially breaking out.
As usual, wait for a LTF continuation...
GBPUSD has broken out of the HTF ascending channel structure, and is finished forming its continuation correction.
We can see price has already been in a bearish trend from the top of the HTF ascending channel.
Price managed to make the first impulse, follow by correction, then another impulse out of the HTF channel, good indication of...
GBPs lately have been bearish across the board, and certainly is looking so on GBPCHF.
We can see price action formed an ascending channel/wedge structure, correcting the price to the previous swing high.
This is a good indication the bullish momentum is exhausted, and we can expect a reversal price action.
We then see a sharp bearish...
GBPAUD has nice bearish price action that could give us a sell opportunity down to the previous lows.
We can see that there is a clear bearish LTF impulse phase that broke out from the ascending channel structure.
This is a great indication for further downside potential, as long as we see a continuation correction to develop and complete to...
Similar like Binance Coin price action, we see here on ATOMUSD is also in a larger consolidation correction, and could lead into the next bullish impulsive phrase.
We can see price has already made a strong move to the upside, and naturally we can expect a deeper continuation correction.
We see there are a few swing highs and lows, and nice...
Man, sometimes i can be such an idiot :). I noticed yesterday that i accidently posted 3 analysis as a hidden post, then i posted all of them again as a normal post, now i am seeing i posted this one twice as a hidden post :),
One would say, if there was a moment for alts to rally, it would be now with Bitcoins big ATH breakout. But why are most of them barely...
Hello everyone 😃
BTC is still moving into a rising wedge.
It's been rejected to climb for new ATH because of yesterday's fundamental !
Now it's trying to reclaim last upward movement..
Indicators such as Bollinger Bands and Stochastic RSI has reached buy limit zone, But they didn't showed any bearish cross based on their combination.
A quick look at #NervosNetwork (#CKBUSDT, #Binance, 4HR):
Price broke the upper resistance of the wedge pattern on April 11.
However, since April 8, it's been going within a tight range between $0.029-$0.032 (reaching up to $0.035). It seem the , where it seems S1 is struggling to act as support. If it manages to hold and bounce off of that and break through...
GBPJPY moved up once again correctively to a recent double tops, and we can expect a bearish reversal price action.
We see the first LTF impulse didn't reach the lows of the correction before a bullish reversal up move.
However, the latest price action shows a ascending channel reversal, and another LTF ascending structure, good to see more...