Bitcoin is the king of all cryptocurrencies. Do not be misguided by meme coins and the next hot crypto. If you look every year at the top cryptocurrencies, 2013, 2014, 2015, 2016... etc the small altcoins come and go. Bitcoin & Ethereum (and a few others) are here to stay long-term. If you plan to build a long-term crypto portfolio make sure to include it! There...
Oversold RSI Divergences on RSI On the support, channel look for a price retracement back towards the resistance area.
GBP / CHF is on major support, look for long positions. 4HR Rsi Oversold
Taking some profits on our long positions. Currently, Alts & BTC are moving together. If Bitcoin starts falling from our posted areas we can have another chance to buy into Ethereum for cheaper prices.
30% profits secured on our Bitcoin long. We are taking some profits here and looking for potentials shorts/buying cheaper prices.
Currently, BTC & Alts are moving together. If BTC starts to fall we can pick up ADA for cheaper prices. We are taking some profits on our long positions - 100% gain.
Reasons: RSI Overbought / Bearish Divergence / Top of Channel / Resistance DXY Oversold / Bullish Divergence / On-trend line support Take profit area / 10 pips
Reason: MACD 1HR Cross Over Top of Channel / Resistance Overbought & Bearish Divergence DXY Oversold & Bullish Divergence Take profit area and/or 10 pips
Looking at a short from 1814 targeting 1808 Top of trend line & strong dollar
Shorting 1.17950 area and targeting 1.17760 Looking for a quick short
USDCHF Long position - TP 10 Pips & 0.913 These trends can mirror the opposite side
Bitcoin has broken out of the triangle we have all been watching. It broke to the upside with the first target being around 46K then the next target will be the psychological level of 50K.
KGRN is an environmental ETF based in China. China is only at 31% capacity for renewable energy with huge room for improvement. This ETF holds some of the top Chinese electric car companies. As we all know the Chinese market is the largest in the world and as their economy grows so will their push towards becoming more environmentally friendly. This ETF captures...
We are trading within the trend lines. Simple setup - manage risk.
Technical Factors: Bitcoin on bottom of support channel Forming falling wedge Target 50% to upper resistance channel RSI Monthly / Weekly oversold Bitcoin has the possibility to lead the way if we have another bullish run/hedge against another pullback I am waiting for the falling wedge confirmation.
Gold forming a rising channel Support trend is to buy opportunities Top of the trend if taking profit or looking for a short. Gold is looking to test new ATH as fundamentals push it higher.
VET and many altcoins are printing a similar consolidation pattern akin to Bitcoin. The smartest play is to wait for a confirmation break (candle closing) above or below resistance before you enter the position (Long or Short). The targets to the upside and downside are posted on the chat.
ETH Trading Triangle - Wait for a confirmation break to the up or downside - Price targets shown on the chart - Expect high volume