Currently forming a symmetrical triangle on the lower time frames. This is normally a continuation pattern which could lead to more downside, however it could break either way
After consolidating for a long time, we have broke out and are now retesting a trendline on the shorter term time frames This trade idea will close if we move back below it
I'm not concerned about the downside risk with this, as I know when it moves it moves quickly. I think we'll get a breakout of the trendline soon with a potential 100% pop. Will access if market turns overly bearisk
Buy: $8.55 - $8.65 If we close below the trendline, than I will be stopped out and I will reevaluate after that
Buy: $0.78 - 0.82 Stop loss: Daily close below bottom trendline I am very bullish on XRP, the BTC pair has already broken out and I expect us to break the Dorito on the next leg up
Risky trade, but I'll be adding shorts as long as we are below the trendline Stop Loss will be if we close back above it
Buy: $0.026 - 0.0265 Stop Loss close below horizontal support/trendline
Short: $1.76 - $1.80 Stop Loss: Close above horizontal/trendline resistance Take profit around $1.55 - $1.60
Short: 0.000038 - 0.000039 Looking to short SHIB here, will close on bar close above trendline, but at the moment its looking like a nice trendline retest then breakdown
I will consider a short entry if we get up to the trendline stated above, not before because this coin (as we all know) is fundamentally strong. Plus $100 resistance is too obvious, the bulls will likely try to trap the bears there
Buy: 0.27 - 0.30 Take profit, when RSI Reaches 65-70 ish I will buy more on a breakout and retest
Buy: $5.1 - $5.25 Nice inverse head and shoulders forming. Stop loss 15 min candle close below trendline support
Short: $305 - $310 Stop Loss: 15min close above trendline or horizontal resistance
After dropping way before the major correction, MEM has been consolidating and I expect it to move up quickly. I'll be buying from 0.12 - 0.16
Buy: 0.1 - 0.14 No Stop Loss: will access later on DINO Popped and so Did MEM, I expect a move from DREAMS as it is one of the very oversold coins x2 potential
$47,000 is a key area to hold, I'll be building a short position once we get up to the next shoulder and closing if we get above the horizontal resistance
Buy: 0.10 - 0.11 Stop Loss: Bearish movements in BTC, if it breaks back below horizontal support High Risk Trade!! Only for Experience traders
Although $53k is the key level for the trendline, I'm eyeing off $50.5 - $51k for a potential bottom to this dump.