Entry 6900-6875 Tight SL 6830 TP 7200/7300
BTC Inverse cup and handle bearish confirmation pattern 7200 entry SL 7300 TP 6.9/6.8! Below i linked related ideas to this trade check em out if you like em give them a like and comment your ideas!
Eth short entry 172-176 SL 180 TP@ 152/142 RIsk/reward 2% for 19% 1/5 R/R
BTC short entry 7300-7450 SL 7650 TP 6k/5.2 risk 2% reward 20% 1/5 R/R. Bearish markets do not end in good news check my idea below as a follow up.
Momentum elliot waves feed off of scared menos in the vast crypto ocean. The sharks favorite meals are SL and liquidations for the low low price of greed. if 6450 breaks the pattern is no longer valid. SL6450 TP 7400/8300 entry 6600 -6800 This is a weekly chart over all ont he monthly im seeing a bearish trend i linked my idea to my monthly chart below
Ascending triangles normally are a bullish pattern continuation. Also they can be a trend reversal patterns. Buying the uptrend support line and waiting for break out of the top level. Below i have another bullish elliot wave confirmation pattern for extra confirmation.
BTC formed a cup and handle and is at the top part of the handle. once the top of handle is broken it's a bullish signal to buy. Comment your ideas below!
. The top of the channel has only been touched twice normally the 3rd touch is where we see the break out on this pattern if it touches the bottom side likely will see a break out below for lower lows locally. Entry at top of channel around 6850 / TP at 7200/7400/ Stop loss at 6700
7050 on the top side and 6650 on the bottom side is the consolidation period before further moves up. i would expect a retest to 6700 area before further upside.
131-134 buy range with 138 141 TP with potential 152 on the upside target. 131 SL
I want to start of by saying that markets never turn to bullish on a decrease of volume. Volume decrease is a sign that big money players are not interested and waiting for monumental drops before they get back in. If you study the psychological aspects of market trends bearish markets normally end with the feeling of depression and even anger. At the current...
the breakout to 6900 which found support at 5800 is a higher low . the 6900 breakout is the continuation break out after the original 6k break out. because the support was held for the 2nd breakout that is the continuation signal for bullish stop loss around 5600. !WARNING!once previous break out candles lows are broken thats a sign of trend reversal Todays close...
Currently on the 1hr have confirmation of the 2nd wave . once the 3rd and 4th wave get confirmed the 5th wave will be the huge drop to potential 3.6k retest . The 5th wave based of eliot wave confirmation should end around the circled area normally on big 5th waves their trends to be more decay.
Btc showing inverse cup and handle chart pattern with the handle being broken earlier today. 4500 to 4600 1st tp point with goal of 3600 retest. Stop loss at 5600
Btc is trading in the X cross channel next 24 to 48 hours will trade bewteen 9800 to 9500 area.
EOS is really strong buy right now. especially in the usdt pair. on the usd pair its being bought big at the .5 fib and on the usdt pair its being bought big off the .618 fib.
Previously 220 area was the hard resistance that the recent bullish movement went pass. As we know old strong resistances become supports that become tested. 220 - 240 TP 275 SL