Algo is currently forming a flag pattern or a parallel channel, either way we seem to have a nice setup for some crypto dips to scoop up!
Chart is very self explanatory, i am personally buying this trade setup. my target buy zone is between .71 and .75, target price as followed 50% sold at tp1, 25% sold at tp2, and 25% sold at tp3 or ultra sell zone depending how btc affects our price action. shares bought- 15,000, profits to be expected 650$-2500$, trade setup is to only be applied over the next 50...
Current trade set up for nkn. buy@ .1985, SL- .183, TP1- .2376, what do you guys think?
Possible trend line bounce? Seems likely considering our regression trend bottom lines up nicely with our .786 fib level. This local support has shown a lot of power behind it. if we break that 37,5 level than we can rediscuss btc's options, yet for now btc is in a solid position considering we just are coming out of a big dip from our previous bull run. Ti 's are...
sellers seem exhausted after our bullish dip. wait for pullback conformation. ema 20,50,100,200 can be a good indicator when another run is to start. good luck! Sl and TP's for best outcome.
Chart is as follows. Good position to open a long trade or take profits as labaled on chart. Red- Target price 1, Yellow- Target price 2, Green- Target price 3,
ABC correction into a bullish run, ti’s are in perfect spot to jump in, wait for conformation after pull back is finished. SL and TPS for best gains with min risk. Good luck
So, a little update to our previous chart, BTC has held the .786 support on the lower time frames where we saw a bullish continuation of some important ti indicators, meaning we had a falling price action but rising indicators. this shows us vol will likely keep this support pushing us to that 42k resistance, where after we can re-evaluate BTC and what that will...
BTC is at a perilous stage for whether we will see a continuation of bull trend or make a lower low. Price action has the ability to go either way atm, no clear indication that we are in a safe space. On the bright side, nothing last forever and personally i do think we will see another parabolic run within the next 6 months.
Good position for opening long trade up, watch for candle closing below reversal zone otherwise abandon trade set up.
Chart is as folllows, wait for pullback to open long position, after pullback make judgement on a stop loss, good luck!
good set up for a long position. wait for pullback to buy in, stop loss .18-.1820. good luck!
Chart is as follows. Possible 3 scenarios to play out. wait for pullback and conformation to open up long trade. always use stop loss.
our indicators on the daily have alot of room to drop, need to hold that support zone if we want to see any kind of bullish continuation for btc.
Nkn formed a bearish H&S pattern which is now completed, currently we are seeing nkn open up into a broadening wedge which correlates nicely with btc stoch rsi on the daily making a move up. btc must overcome the 42.5k level for it to be considered a continuation of a bullish trend, if rejected it will drop past previous low to around 27.5k level. As for nkn if we...
If BTC gets rejected by our 42.5k level i feel considering all factors included btc will fall making a new low, most likely around that 27.5k level. If btc can withstand the market pressure from sellers and push through that resistance level we can assume btc will continue its bullish trend back to recovery. -the following links will give a picture of our...
Considering our parallel channel crossing our middle threshold we can always assume some resistance which seems to be the predicament we are in currently, with that said we moved out of a reverse bull flag into a reg bull flag. as mentioned previously we did have a good conformation on a reverse H&S pattern but that seems to have broken down, where we are...
First day since nov that btc 20 day ma has been used as support, as well price broke through 50 day ma. Seems our ma ribbon is tightening, this is good news, hopefully we see a golden cross in our future very soon!