Crypto Market is incredibly bullish right now so looking for long opportunities. Horizontal level: Clean support where price has bounced multiple times. Stochastic RSI reset - gearing up for next leg up. Market structure: Higher Low representing a key shift in Market Structure. Diagonal level: Clean re-test and bounce. All of the above factors suggest confluence...
Bullish MS intact, above 200EMA, above POC. Clear uptrend and break of a huge weekly zone. Personally buying 1/3 sized spot position here. Will add the rest on chart #2. Alert set.
Good volume to break structure. Low R trade but good FA.
A close above the 200 EMA (again) and i'll add to position. Currently 1/3 position size expecting a close above. Tight stop.
Theta showing signs of strength. 200 EMA cross and i'll go big on this one.
Looks like a good R/R trade at c. 5R. Approaching ATL in sat value with BTC dollar value in a downtrend. I'd be looking at how price reacts at T1 to determine exit/hold.
Increasing volume & awareness. Backed by Huobi & Binance (binance listing hype inevitable). Crypto version of stocktwits. Meeting first area of supply resistance - 3rd tap and likely to break. Trade safe chaps.
Sometimes the simplest trends are effective.
Descending wedge meets resistance
Definitely a nice 10% here