Hi everyone, just a wrap up from yesterday I'm in a 5x leverage long on ETH.
I took 75% of my positions profit so now my SL is 2145.
I'm looking to take the rest of my profit at 2300 depending on how it gets rejected.
It could pull back a bit to around 2184 that is where there is support.
Overall-- I think it will hit 2300 then test back to the...
Hi everyone I'm talking about ETH today, everything is looking bearish after the sell off, but I will still remain bullish if it closes above the 21 EMA on the daily because it hasn't made a lower low.
There could be hidden bullish divergence on the daily but it isn't confirmed yet.
If it stays where it is now then I can see a bit more of a bounce coming on...
BTC is in a consolidation looking like it could have a bounce short term it might have another test at 13600 with the stochastic crossing up on the 30 min.
I think if we close above 13500 on the 4h we could test 14000.
1h also looking like it wants to bounce with stochastic crossing up I would comfirm a bounce if we close above the green 55 EMA.
Daily looks like...
BTC is making higher lows on the 4h and bouncing off the 21 ema.
The RSI is about to get above the EMA which usually means continuation.
We are in a little channel at the minute. The support is at 12955 and the resistance is at 13151.(I think we are going to break to upside)
I'm in a short term long. My entry price is at 13142
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Hi, today i am thinking we could have a short term bounce from the pull back we had yesterday.
There is hidden bullish divergence on the RSI and the stoch could bounce on the 1H.
upside target- 11880 is my target for the upside.
downside target-11650 is my target for the downside.
1H-4H- maybe a little bounce because of hidden bullish divergence.
Hi, today I am going to be doing some TA on GBP/JPY.
I am bullish on GBP/JPY - It defiantly has more legs to go up the smaller time-frames maybe an upside target to 142.54 but on the higher time-frames from the 4H to the daily it looks very over extended.
To the downside I can see 141.14 get tested for a short term pull back but overall I am bullish on this...
Hi guys today I am going to do some TA on the 4H on BTC
Targets on BTC to the upside- we could test the 0.5 Fibonacci level again at 11800 maybe have a bit of selling pressure then test the 0.618 Fibonacci level at 11970.
Targets on BTC to the downside- we could test the 0.382 Fibonacci level at 11650 and maybe have a bounce off that before we see the 0.618...
So looking at the daily it looks like we have had an alright bounce and it hit my target at the yellow 21 ema. Now looing at the 3 and 4 hour they are at the top of the stochastic and crossing down so we could see a little retracment to the 0.236 level.
Overall i don't think the bounce is over i just think it needs a little retracment.
Leave me a like and drop...
I would say about the daily is obviously bearish but we could see a bounce if only we break the 7600 resistance that you can see
on my chart, if we do break that I think we could go up to the yellow 21 ema and get rejected off it at 7930.
I'm saying this because of the fresh cross on the stochastic and that's usually a sign of a bounce because of how low the...
The daily is looking bearish today, i was bullish yesterday but today i'm lookinng to the bearish side because if you look at the stoch rsi it is crossing back to the down side and we are on a green 3 on the TD sequential on a doji that to me is very bearish and we closed below the fibanacci line yesterday which is even more bearish, so that is my TA...
On the 4H it was very over sold on the stoch rsi then we crossed to the up side and then went up 2% we broke out of the channel like I said it would break to the down side or up side and it went to the down side.
We are on a green 1 on the 4 hour and could go up at least 3 or 4%.
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tell me your...
I promised to do a daily idea and i have so let's get in to it.
Like we talked about yesterday about the stoch rsi crossing, well i have looked back to see when it crossed last and last time it crossed was when we went from 7000 to 12000.
So for long term i am really bullish we have closed above the fibanacci line on the daily aswell we could see...
just a quick update on the 1H chart the stoch rsi is crossing to the down side and bitcoin is forming a channel.In the past when a channel like this has formed it usually breaks out either to the up side or downside but i think we could bounce off the 20 EMA or the support line.
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