Today I'm back with a new idea!
I found a medium/strong support and resistance channel. With those channels I saw a selling opportunity.
How to do:
Risk Reward Ratio: 4.00
Goodluck with trading!
I'm only 15 y/o so if you have any advice about something, just let me know!
After a long time I made a new idea!
So after some analysing I took a look at the renko chart, which I mostly use for finding support and resistance. After I watched the renko chart for a while I saw a pattern and now the Bitcoin is repeating it. With this repeating pattern I saw a trading opportunity. This are the details:
Buy: 10 000
At this point...
On 9 august the price reached a point of 221.93 euros. Is this point the end of the impulse wave? Also around 221.93 is a minor resistance zone. This impulse wave started at the of august in 2015. If I’m right the impulse wave is correct if you would compare it to the Elliot Wave principle. We hope to see that corrective wave A will retrace 38.2%. Then we hope...
On 1 february we drew 2 trendline preally close to eachother. On the first of April, the support trendline was hit at a price around 4000 dollars. From the first of April, the price went all the way up to Around 14000. On the first of June the price hit the resistance trend line at a price of around 12000 dollars. The trendangle of uptrend from 4000 dollars to...