Dash is nearing it's cycle lows. It appears that it could reverse from here.
This idea in my head is very simple. We can enter in the green box with a small initial size. If it gets stopped then so be it. If the trend reverses in this area, then you have your targets outlined here.
This is the "notorious" example of limited downside and pretty much-unlimited...
Price has been consolidating under obvious resistance which is currently being attacked.
If the red box is to be conquered I have my targets quite high.
Setup is decent, just waiting for the red box to be established as support.
I really like the recent volume the coin has been getting.
Very few alts have good looking charts like $BAT.
To me, it has looked good ever since... forever.
Obvious trading range, which upon breakout on either side, will undergo a huge expansion due to it being for a long time in the consolidation range.
The green box represents a possible accumulation area and it could lead to large gains if volume picks up.
My last post regarding XRP was the "Defensive" one. This one is something else.
The price action is showing some abnormal signs of recovery. Weekly is right now looking the best it has looked in ages. If we zoom out and go to Monthly, we can truly gauge the intensity with which XRP has been bought at the last demand level. With this being said, I would like this...
I am placing a sweet short at $6450 for the highest probability trade setup I have ever had in BTC so far.
I was long until now. We are the "biggest resistance" BTC has had in its entire history, so I like to play my odds even if this doesn't want to stop until 9k - 10k.
This one is quite simple to be honest.
If $0.27 does not hold, expect sub $0.16 which will be a great place to place bids at. Actually it could "wick" all the way down to $0.125 which I believe is the absolute bottom XRP could hit.
Let us see what unfolds.
Currently sitting at support. Charts looks oddly similar to ada/btc. We know what $ada did recently. That said, the similarities spotted do not imply a blind trade, it rather gives confidence to build a great setup for a trade. If we can manage to close a daily above 230 sat area, then the next resistance area could be easily met within a few weeks. Good luck
The perfect example of the power of S/R flip. After a long period of accumulation, $KMD finally breaks out of the zone and re-claims the support at the original breakout zone. Now is the phase where KMD shoots up.
After a seemingly break and re-test of the falling wedge, $HYDRO is looking good for the north-trip.
Let's see how this one will play out.
We could enter a trade here and put limits just below the lowest wick of recent PA.
My TP targets are always the fib retracement levels. This is regarding short-term trading.
For long-term. Well who knows that :)