Some medium-high caps are going up hard in last days and looks like EOS wants it's run too!
Insane opportunity here. I will buy a small portion now and more after breakout and will set a stop loss under the support. Will close the trade if a 4 hrs candle close under support
After correcting so much. One of the best crypto projects may now make a double bottom and start riding up from here to test 50% fib level around 170 sats.
Stop loss :
I will close this trade if VET closes a 4 hrs candle under 100 sats.
I really hope Bitcoin breaks up here and completes this inverse head and shoulders and ride up to 4800-5000 otherwise it can slowly ride down, break the support invalidating the IHS and fall down to retest 3K area. It all depends on this upcoming breakout.
After correcting a little more in the short term breaking this current bearish rectangle Bitcoin should find support and consolidate around 3600 and start pumping from that support completing head and shoulders and running then to 4400-5000
Ethereum has been respecting this channel since ATH. There are 3 main lines represeting the top, bottom and middle of this channel. Very nice channel to trade .
So many ways to trade this channel:
Buying the bottom, selling the top.
Shorting the tops.
Longing the upward channel breakout.
Shorting the downward channel breakout
Bitcoin inside an ascending triangle. I am looking for a breakout to the upside to long targeting 4400. In the other hand will not ignore the opportunity of shorting it if it breaks the support and target 3700. Stop losses can be placed under supports or resistances depending in which way it will break out.
After breaking up this falling wedge Bitcoin is showing nice buy volume and based in a simple fibonacci it is expected to see Bitcoin reaching 4K area in the next few days.
Indicators overall are looking good and supporting the breakout. I am not trading here tough. Just updating my chart.
After falling for so many days. We finally made a nice bullish divergence and we reached a very important support level around 3000 dollars. Even if the downtrend continues, a recover from here is expected to 4K levels again.
Bitcoin has been falling since 20K ATH coming back to this uptrend channel that has been here for more than 3 years. Right now it is testing the bottom of the uptrend channel. If we bounce here we might start another short term uptrend to test at least the top of this channel(7000$-7500$) but if we break down we might see Bitcoin falling hard to 3K-3.6K level.
Bitmex Long postion idea :
Stop: 5489 (-6.15%)
Target 1 : 5720 (+35.6%)
Target 2 : 5839 (+57.21%)
Target 3 : 6089 (+102%)
Leverage 10x. Nice Risk reward. I am opening here.
Indicators looking bullish, breakout in short term, nice risk reward and Bitcoin is in one of the most oversold levels in price history in 1D chart.
BNB besides maintaining the same price in the last weeks what we have here is a clear accumulation sign and what shows us that is RSI riding up indicating a buy volume.
Also we have a strong support at 140K satoshis and EMAs are converging making easy for BNB to break the resistance and ride up!
I am accumulating here. I don't know about you hehe
Bitcoin broke major downtrend in the last month and this week we finally retested the previous resistance line as a support and it was a perfect retest for bulls. What we have now is a bullish breakout followed by a bullish retest.
1D indicators are also looking bullish :
Stoch RSI is oversold indicating another wave up.
RSI is making higher lows indicating that ...
I am going to start accumulating today OmiseGo in this support area in the next days. This is a major bottom and I see 2 trading opportunities here :
1- Buying now and setting a stop loss under the support area with a target at the main resistance.
2- Buying when Omisego breaks the main resistance looking for fibonacci levels as targets.
Overall indicators ...