I don't margin trade... but I like these margin trades.. :D
Ya Xem fell a bit, still has two major supports behind it. Crypto's on the rise baby, they've held well considering no real news lately. Def consider some in your holdings for some reduction in variance, and some long term strong growth. Green is a long term support, Red is a secondary conservative support line. Even if it dips below green for a bit, I still...
Yellow are horizontal resistance levels. Pink represents, the resistance trend from previous high of ~14000, it intersects with support line at around June 17th, at #1. Orange represents, the resistance trend angle of ~10750 to ~8180, it intersects with the support line ~ June 19th, at #2. Red represents, the resistance trend angle of ~10750 to ~9450, it...
Hey. This is how I see it Red resistance Green Supports Orange, new trend supports. ETH has to break this downtrend soon, there is no way it can sustain this bear trend at this degree, maybe a longer more sideways one, but this one will be broken soon imo. #3 was a higher low, but 4 became a lower low. 5 is a higher low, so 2nd higher low. Which is a very...
This is what I see in the short term here. Seems like a good spot to buy imo , think breakout may happen soon. Only two real resistances, and one all time high (pink) above those... Volume has slowed, nice wedge has formed. I think if, we can get a bull to bear wave then support formed above 770, it'd make a great entry if you're not already in. Pretty sure...
I've never shorted crypto... But I think I see an opportunity. I don't have the courage to start shorting yet, until I get some more confidence in my technical analysis. This is only my 2nd graph so I'm fairly noob at this stuff. I just enjoy drawing stuff and trying to identify trends and opportunities. I sold some ETH at .07447, and I'll try to swing trade and...
1st chart ever. Trend channel. Range is based on the top of the breakout to the green support @ 8950. The size of the trend channel is a rough 7300 satoshi spread. Red lines are support lines of previous bottoms. 1st one is the trend support, 2nd one is the long term bullish support. Green line resistance, also very close to the .786 fib line... something...