Taking a short on eth here. This is easy here. Rising reversing dominnace combined with these beautiful bearish indicators are a match made only by Satoshi Him/Herself!!
Let's see how this plays out. I like it!!
Daily rsi overbought with bearish divergence, histogram turning, potential bear macd cross, inverted hammer and holding below the daily 200ema? Yes please. I like my odds here.
Let's see what happens on this one. I'm just looking at the chart, so if there's news maybe I'm screwed...lol
I like this chart. Seems a bottom has been put it, tested and held the 4hr 20ma, possible pump with declining dominance. This might attract a little attention.
Above all else make sure you are not using big positions. Risk management is an extremely important part of trading, which if not focused on will cut your trading career short. Trade safely, and manage...
Taking a long position on Natural Gas with 5x Leverage. Don't know what the news is, if any, but the chart looks good.
Stop Targets: 2.248
Btc dominance is on the rise, Eth usually follows. Technically we have a potential macd bull cross with upticking histogram as well as bullish rsi. Last time this happened between the 15th-17th we saw a nice bounce. Also it's holding right above a trendline that dates back to February. Let's see if we see something similar.
I like the odds here.
If dominance keeps rising, and btc breaks out, this is very possible to make a swing trade out of it.
If dominance and bitcoin begin to breakdown, then not so much.
Keep an eye, what you are looking for on this is rising dominance to short alts.
Seems dominance has successfully tested it's trendline of the pennant as support. Also the 4hr 20ma was at the same zone.
With a dominance uptrend we can see alts decline. Let's see what happens.
I like this screen sharing, it's so much faster. Hope you guys like it too.
Price has been holding here for a good amount of time. Possible dominance reversal wick showing. I'll take my chances on this one. Let's see if we can lock in some profits.
Signal Type: Regular (Long)
Entry Zone: 9900-10125
Take-Profit Targets: 10250-10500-10750-11000-11500
Got a nice chart backed up by an absolutely beautiful weekly chart!!
Isn't she pretty? Potential channel trade. I think so. Also combine this with declining dominance and we may have a winner.
Keep it simple. Manage your risk. Don't fomo buy the pump. Don't panic sell the dump. Trade safely.
Taking a 10x long position here on King Btc. Dominance is holding above it's pennant. As long as it stays up I like this. If dominance begins to retrace and fade, I will close this quickly. Let's see what happens.
Signal Type: Regular (Long)
Entry Zone: 10575-10650
Take-Profit Targets: 10750-10900-11050-11200-...
Let's go, downtown!!!
Dominance increasing, btc increasing. If dominance breaks out this is dead.
If we get a rejection here on btc and btc dominance we must be quick to close and preserve and protect our capital. Only enter trades where you see clarity.
Keep it simple baby. Let's make trading fun again!!!
The most important thing is to manage your risk. If...
Is bch about do jump out of a plane with no parachute? Let's see.
Forget Ta, Btc looks ready to push up, also dominance is rising. If dominance happens to break it's triangle bullish, get ready for the death of alts.
Keep it simple guys.
Signal Type: Regular (Short)
Entry Zone: 2980-3015