Today we look at crypto.
Entry: 168-173 Stop loss: 166 Take Profit: 189, 199+ Expected Call Duration: 2 Weeks Call strength: Med Call risk: Med
Entry: 752-763 Stop loss: 744 Take Profit: 818+ Expected Call Duration: 2 Weeks Call strength: Med Call risk: Med Ideally, enter trade off of the 200 period 1.25 stdev, and stop out if price goes below that pivot.
Here on the daily chart, we have a rather rare signal. A daily WAVE PM cross, with the CCI pointing bearish. Here is the previous instance, November 2018, where this signal fired. This resulted in a 50% drawdown. We'll know pretty quickly if this scenario is playing out, where if price can recover above the 1900s in the next few days price should hold as...
Entry: 2784-2839 Stop loss: 2744 Take Profit: 2057+ Expected Call Duration: 2 Weeks Call strength: Med Call risk: High
Sufficient compression across all timeframes to allow for an upward move with minimal resistance. Confirmation on lower timeframes as a new expansion pushing past previous compressed periods with a resulting pivot point of 1h 300 period 1.25 standard deviation. Provided price stays above said pivot, trend should sustain indefinitely. The moment that pivot breaks,...