MrKrabsTrading

MrKrabsTrading Updated 

Risk/Reward: 1.0 Target: .618 fib Entry: Trend line +.382 fib Support: 200SMA + Swing low

MrKrabsTrading Updated 

Last week's candle closes as a Bearish Hanging Man. This same setup recently led us from $10k area to below $8k. Price has rejected multiple times from the 0.5fib and looking to head lower to the 0.618fib($7246.) Will wait for confirmation on lower time frames or this weeks weekly candle to close to enter a short. twitter.com

MrKrabsTrading Updated 

Bitcoin is currently fighting to get above the highest volume profile resistance cluster and the 21EMA. If we close above the Daily 21EMA I would be looking for a long trade. With the weekly chart currently being bearish (see chart below) I would only be looking for a target to the top of the channel. The top of the channel is in confluence with the 200EMA and...

MrKrabsTrading Updated 

The daily and weekly trend are bearish and im only looking to click the red button. However, we are at strong support and there is likely at least one small bounce left before breaking support. I am being patient and looking to catch the next wick down for my entry. If the daily closes as a reversal we can move our entry up. My target is previous swing high in...

MrKrabsTrading

Following the trend of the upward channel and bouncing off of the median Bollinger Band with a sequential green 2 above a green 1 SPX500 looks ready for another 5% bounce to test the top of the channel. A Risk/Reward of 3.0

MrKrabsTrading

Stop loss at breakout of 3914. Target 4170. Risk/Reward 3.0

MrKrabsTrading Updated 

Breakout of the short term downward channel Going to retest the top of the channel from March 1st(27 Days.) Target Monthly swing high of 4170 and stop loss at recent swing low of 3914. Risk/Reward of 3.0

MrKrabsTrading

Futures trading debuts in December 2017 and some hedge fund managers are calling it the "Shorting opportunity of a life time." Each of the last 2 times the RSI has been above 80 and BTC has been at a all-time high it has been follwed by a 30-40% correction. BTC is bouncing off of the all-time high of about $11,900 multiple times and stuck in a trading range. ...