calmdownbro

calmdownbro

Bitcoin Hourly Equillibrium Play Goal 1 Sell at target to Reduce Risk then revisit. STOP OFF on pennant low

calmdownbro

Not going to cover my trades. Just wanted to share what I am watching.

calmdownbro

Clue: Major preceding price move into Head n' Shoulders Break of neckline could send price toward Measured move price ~5300 Head n' Shoulders invalid if price falls under ~3550 An entry now yields 1:3 Risk.Reward

calmdownbro

How does one explain lower than average volume during all time high prices?

calmdownbro

Entry Reasons - Break of Inverse H&S neckline @ 6800 - Clear stop level @ ~6663 (4 Hour higher low) Buy 6800 Exit 50% position @ 7000 Exit 50% position @ 7400 Exit Reasons - Fear of losing profit - Extreme overbought conditions Lessons Learned - Trust your stop to manage trade losses, not fear - Scale out of trade less aggressively - Hope for bigger gains (let...

calmdownbro

Following the daily consolidation signal of losing the 4Hour Higher Low pattern. -Hourly RSI drop <30 -15 MIN RSI drop <30 Look for increased bull volume to confirm bounce opportunity of 1-3% Note: Not looking for a trend change here. Lock in profits early

calmdownbro

I was just curious to compare Thrust days +2 for green, rough balance.

calmdownbro

Ill save the mumbo jumbo and let the duck speak. Good luck friends

calmdownbro

Just saw many charts showing the descending wedge bullish breakout on the 1H time frame. Looking at the daily is a different story IMO, Testing top of wedge and would need more confirmation of a breakout. One or two closes above 1D with substantial volume and ill revisit, Until then I predict we ride that yellow support range until we get movement on BTC. Let me...

calmdownbro Updated 

Just now closing the jump from yesterday, still inside on the 1D. Agree? Disagree? let me know and thank you!

calmdownbro

Practicing discovery of trading ranges, data from Bollinger band, TD lines and Support/Resistance This is for me to check back on and see what happens! Let me know what you guys think.

calmdownbro Updated 

Taking a look at XLM, consolidation period on 1D chart. This 4H chart showing clear downtrend with price near top of channel. Given BTC looking bearish I would expect XLM to dip down toward bottom of channel toward 3300-3000 shitoshi. Bulls will look to close over trendline and approach 5000 shitoshi before seeing resistance again...if they can turn up with some...

calmdownbro

SC makes a devilish move up to 668 shitoshi before coming back to reality at 282. Considering BTC nearing the bottom of its channel and challenge of 10,000 I'm not expecting this to break upward. Moving sideways between 343 and 500 this could retest upper trend line and I'm guessing to 282 once again. Just an idea and I will be checking in tomorrow night as this...

calmdownbro Updated 

Here's how my orders are set up. I like the action near support zone and would expect a retest, that's where my buy orders are. Use fib retrace to find interesting retrace levels and will sell some. Only playing with a small percentage of my total TRX holdings here.

calmdownbro Updated 

Personally I am using these levels to determine my BTC position

calmdownbro Updated 

TRX testing support. Watching for break of support and retest then decent.

calmdownbro Updated 

ETH in a downtrend. After consolidation period in the 1000-1100 range bull break into 1170 and rejected forming a lower high confirming downtrend. Big rejection off $1170 down to important $1000 level but bulls bought back up looking to solidify their break after forementioned consolidation. Unless we see continued bull support we may see Eth retest $1000 level...

calmdownbro Updated 

Looking at the current position of Eth. sitting between resistance and support and the current uptrend i have two simple ideas. Idea 1: If we close above resistance and follow through with higher high and lower low and ill be looking to buy a break up into the next resistance line identified. Idea 2: Price is rejected and closed below support and shows lower low...