I'm 5x long on a homerun swing here with tight stops. The amount of selling seen in this past week is cycle-ending IMO. That doesn't mean we can't take advantage of the bounce! Whether up or down, people seem to get locked in a uni-directional mindset. The bounce is here to wipe bears that are making too much easy money and rope in everyone that lost money for...
Pretty self explanatory. Seeing RSI at this level (16) is very rare, so i'm willing to take a big long here without much thought. IMO, the Tesla reaction in BTC markets is extremely emotional and blow out of proportion. Reason will flow in after impulse.
Have seen this recurring pattern in many markets/places over the last few months. Obviously manipulated steps upwards. I haven't seen this end with anything other than a candle up to resistance level. I like it for a quick long play.
Should be a good zone for a bounce coming off of the previous defense. An obvious correlation to the general market is really hurting us. If cycle were to complete off of our rise with direct correlation to the market: We could see gains from the previous 6 months wiped. Still some room left on RSI, but a further bump down would prove to be a very long buy point...
If this doesn't play out by Monday, then I would likely reassess. I expect moves like this that are contrary to general sentiment to play out often on weekends.
POLONIEX:DECUSDT coming off of a great support at $11. I'm bullish on this mid-term and really like this entry while we wait for BITBAY:BTCUSD to make some moves this coming Monday. Weekend could be very kind to altcoins!
Looking strong tbh please observe the fully-vertical trend channel that has held strong for full chart history. UNI will never dump. Ignore those fibs the sample time is too small for those to work. Trendline is the essential component here. Sound investmest strategy in this trend scenario warrants high risk management. I'm recommending a small 110%...
-Trash Color Scheme -Trash Breakout projection -Trash Layout of Indicators WTF can I even draw ghost bars? Not even realistic. 0/10
Not much to explain. Taking a heavy short here. Last support broken above our free fall. We are lagging behind BTC, which is at 10k resistance right now. Consider that to be the 325 level on $ETH w/higher velocity on the $300 mental break if we go under that.
-Slight edge on the bearish side in form of constant pressure for ~6 months making highs lower -Broke down out of BBands (on small scale) giving bear more edge I give it ~3-4 days for a decisive move. Best case scenario we see 1 last bounce off of support and then ride up to breakout. I'm fine with sitting on my hands to watch everything unfold. Fiat is the...
-Cloud resistance. Rejection or breakout? -Need to sustain price on upper BBand Gonna be tough.
-Bull Flag -Rising wedge -BBand squeeze -Major EMA cross -Histogram reversal -RSI neutral Bull Flag education: The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often...
Will update upon changes.
Been averaging down since 800. Order book has looked fatter and fatter in zone defenses. Can't set stops, so keep a close eye and a strict cutoff. Lets give POT a 3rd try
Here we see a couple indicators in confluence that are explained with a *. EMAs are cascading nicely up from lower timeframes. Crossing the 200 EMA will be the first challenge (and possible victory) to really turn this market back to bull. Strictly on volume profile, a bull market seems that it wouldn't have great trouble until around the 1200 range. For...
Lots of fakeouts to be had both ways in the past week. The market has been wiping futures orders on both sides of the orderbook.