Shanks21

Shanks21 Updated 

Hello traders, BTC is approaching to a key resistance, previous support, zone in the near short term. This resistance zone has been tested and rejected starting from 13th of Jan, 4 times as shown in the daily TF. My hypothesis is that this time because EMA ribbon is also showing a reversal, BTC might break the resistance zone and approach to the next minor and...

Shanks21 Updated 

ALGOUSDT just moved back in after a false breakout of support line(yellow). This is one of my favourite strategy in trading, the falsebreakout trading strategy. good luck...

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Shanks21

sooo, this is my first video idea, be gentle in the comment section :D here I try to explain my plan for the EGLDUSDT potential trades. have fun.

Shanks21 Updated 

Btc price is breaking up from 1h resistance trendline.

Shanks21 Updated 

The high-quality confluence trade of CAKEDUSDT is about to present itself. Following TA tools confluence in the region where we are now: 1. Support zone (grey rectangle box) 2. Fibonacci retracement levels of 50% 3. EMA 200 Daily Each confluence factor increases the quality of the trade since each one of them attracts different schools of traders. Therefore...

Shanks21 Updated 

EGLDUSD just formed a bearish divergence on the 4H TF on the RSI and a double top chart pattern. Technically this is a bearish sign and a possible trend reversal signal BUT we are still in a bullish trend on EGLDUSD. Wait for neckline break and a close of 4h candle below it to enter a short trade (potential fakeout, bigger R:R ratio) or... wait for the re-test...

Shanks21 Updated 

this is a bit far fetched wishful thinking crazy bullish TA right here :)

Shanks21

BTC.D ticker shows the dominance of BTC against the rest of the cryptocurrencies. Currently we are sitting on the historical support level which was first active in Q1 and Q2 2018. Additionally we have a bullish divergence on the weekly rsi which means upwards momentum can pick up and BTC king reign over once again in this savannah. This also means, altcoin...

Shanks21 Updated 

Short trigger = break of channel to the downside Enter = go to lower time frime 4H-1H to find a good entry point Exit = 42.000-42.150 $ is the first support, 35.000-35.500 $ (CME gap considered) low probability exit Stop loss = break line of channel + 1ATR in entry TF goodluck!

Shanks21 Updated 

Confluence long trade: High quality trade of EGLDUSDT in about to occur in an area of confluence between 150-155$ price level. Following TA tools confluence in that specific price range for the daily TF: 1. Support zone (grey rectangle box) 2. Fibonacci retracement levels of 50 and 61.8 3. Trend line of the main bullish trend (in yellow) 4. 21 EMA in daily...

Shanks21

Hint: Rrising wedge patterns hint towards a bearish market. When the wedge aligns itself with the current trend, the probability is on the side of a market reversal. this post is just for testing of the chart pattern, rising wedge and not a trading signal.

Shanks21

EGLDUSDT has formed a symmetrical triangle. Within the triangle there is an important resistance zone in green rectangle which is golden pocket of fibonacci retracement tool from previous bull run.

Shanks21

Cake has formed a distinctive falling wedge (bullish) pattern in the daily TF. Volume is decreasing. Wait for breakout. %70 chance to breakout to the upside.

Shanks21 Updated 

BNBUSD Ascending Triangle

Shanks21

ALICEUSDT S/R Flip

Shanks21

EGLDUSDT Falling Wedge and Long Term Targets

Shanks21

BTCUSD Falling Channel

Shanks21

long term resistance about to be tested with a potentia breakout from inverted H&S pattern (bullish reversal)