This is your RR on a short term trade btc usd... The bulls are inn controll on price, but the bears controll the indicators
I think you got a better RR to be bull, but do your homework before you go long... 65% bull %35 Bear
We all now that the USD dollar are the king, but how long can the american bank hold this price, before is bade for the international trading with usa
who will pay the import prices if usd dollar are so expensiv..... The norwegian will find a away.
strenghten the kroner or make pressur on the usd to make good trades.
Anyway good trades on lots of cannels vs usd
If you draw the same chart on LTC you will see what happend, but this is not LTC.....
BTC has a bull div on dily, but not sure when it gonna play out
This is the big trendlines i follow, and it fits good inn on a pro EW charts, so its not super bad
Use stopp loss, becase if this trendline break, it will do a failed retest
I do not think you will get 4 th bottom...
If you are a gambler , here is your RR
Hidden Bull div on 1 2 3 4 hour
Still on a down trend, lower lows, higer lows, maybe i can call it a small short dobbel bottom, but am still very bear of the whole marked
Stoch rsi 1 hour overboutght, but 2 3 4 hours, daily and week are oversold, btc will go down, so this is really a sick trade lol
Short term trendline are...
Wait for confirm on a lower time frame with A higher high, and a higher low... i think the trade can be ok
Po.et are inn a big channel that can break down or up very soon vs btc...
Trade the bearish channel is my motto ;)
i am experimenting on how many div i can find on a 1 hour chart
This what i find out
1.The weak div are not easy to spot
2. more easy to spot div in a down trend
3. sometimes you must look for the divs on a another timeframe
The last div will be a live scalping test
The boillinger band tips does not always work, but i like it... follow the arrows
low stoch rsi
1. one smal and one bigger bull div. i am still experimenting with that
anyway. i hope you give me a like for reading 150 pages of this boring book of john boillinger.
i got 100 pages left :(
i think my chart will tell you every thing,
i was only thinking to draw some trendline, but i cud not help it to throw inn some indicators to back it up
Anyway btc 4 hour, use stopp loss for safe trading
To my surprise, I see that Neo likes bull and bear div.
not all the time, because i have seen that neo has some open space in divergence.
No matter, Neo is in a long bearish channel that you can trade with stop loss.
It had not really been a surprise if Neo had broken out soon
You are now thinking, wow btc are on a bull run, and i most not trade against the trend, but the answer is that this is a good place to sell, before a confirmed breakout.
why you shud sell : Rsi stoch and rsi are overbought on 1 2 3 4 hours and daily. The Ew traders talking about the last 5th BIG wave down. BTC are now hitting the roof on the the trendline,, and...
Some times the rsi can play us a good trick. It can look bearish , but are super bullish.
anyway.... this look like a big ascending triangel. It have a much higer % to break upwards, but inn a bear trend it can break downwards
Daily stock rsi are on the move upwards , but 4 3 2 hour screaming for a dump. put stopp loss on the trendline
once upon a time it was a big triangel, and a small triangel who want to go to moon
The big triangele was rather quite slow while the little one was faster.
Once they had passed the narrow path, the big triangle would turn.
Why are you turning? asked the little triangle
It's too long and too little volume, said the big triangle. with a tired deep voice.
Neo are now inn a falling wedge, and got a bull div on 4 hours
it can go more down, but it will soon bounce vs btc.
short term 1 hour and 2 hours rsi are high, 3 hour neutral, 4 hours and daily low
This is a 150 $ dollar coin ATH, that you can now get for 33 dollar, the question now are , will neo die?
can i get it for 30 or 25 dollar?