I think BTC will continue to be tightly range bound through october, but it's forming price agreement and may make a breakout attempt, probably to the upside, towards 21k. If it moves up, I'd ladder in low leverage long on breakout and confirmation. The market is confused and btc is competitive so expect volatile and confusing signals on the candles if you try to...
While I think long time frame resistance will be hard to break, I can't help but notice speculation increasing on the summary judgement requests. It looks incredibly favourable for Ripple Labs. The SEC has a lot of power and can appeal, so I express a need for great caution to you here. This asset is wildly risky to trade but made a major breakout on the ruling...
I posted another idea on low tf, I'm seeing structural bullishness, pressing on resistance multiple times. I'll scalp long on the momentum. Keep an eye on XRP!
hard to see in chart - posting in a hurry. XRP has a big breakout attempt here.
One of the best technical strategies I've found for scalping on shorter time frames is the QQE m15 scalping strategy. You can see a setup here in an uptrend where the QQE signals a short and the chart formation confirms this. This document here describes the strategy in better detail. www.fxtradingrevolution.com You can see the specific QQE signal I use in TV -...
Been watching BTC and am seeing it continue to range in this zone. Can scalp through the channel and just watch for breakout. I just missed an entry earlier at the top of the channel before breakdown. It's in a no-trade area - I would not trade any longer tfs but would just watch the channel and scalp out whatever you can right now. Correlates are breaking down...
Ada is testing against a high TF support line of about .438. If that is held as resistance, I will try to get a short there. I expect a consolidation after broadening into an ascending wedge there. See the triangle to see the broadening and potential tightening. If this pattern forms up and .438 is held without an upward breakout, I'll re-enter a short here. If...
Noticing lines I'm drawing are playing so sharing so you can have some context for areas to trade on short tf. Market is confused - low tfs are only thing you can trade. no trend. Can only scalp this.
Weak formation means you can scalp a potential breakdown here. Good luck - targets posted in the short.
I had some long ideas but with the news lately, I flipped short earlier. I see the ES/SPX testing new local lows and I think that btc and ada are now safe shorts. Impossible to predict the future but this looks like a downward movement. I'm heavily green on a short now after flipping out of a long before breakouts reversed. Good luck.
I'm long on an alt, but watching BTC seems like the market may make a move up this week on symmetrical triangle breakout. I'm posting this as a confirming signal that the market may want an upward liquidity grab with btc going towards 21k or so. I think this may be the time it does break under 18.6 and confirm it, but who knows!
I was long, but I'm seeing BTC basing down so I'm invalidating all other ideas here. BTC is printing a descending pattern in the symmetrical triangle, which is basing out. If 18.9 down to 18.8 zone isn't held, this will fall apart. I can't predict but this is what I'm watching. I'm holding shorts right now which isn't what I expected. Good luck. Just ideas but...
I see a long term uptrend on atom, but an ascending wedge that looks pretty bearish. I'm read to short atom around 17 down to 13ish. Watch for the pattern breakout to the downside, or otherwise long term trendline for an upswing. To me btc and eth look actually bullish in a nearterm so that's the major risk is that the correlation may swing this up but this looks...
XRP seems to signal a good short position here. I've entered a short position at .53 entry. Stoploss .57. Low leverage - 3x. There is an ascending wedge so it's a pretty safe trade here. People are optimistic and it's very bullish so the pullbacks are easy to trade.
ADA looks like it's forming a symmetrical triangle in a longer tf descending triangle. If it's able to breakout, I have some targets here out of the wedge and towards a gap fill up to 0.8. I'll trade this on spot/1x just because of the macro landscape knowing it'll eventually recover, or else a break down you can SL on. Cardano to remains one of the best potential...
BTC looks like it's forming up for a breakout in the middle of the demand zone. While it could break down, this looks like a fairly bullish structure despite the macro news. I'm still eyeing 14k as a bottom area but I believe we may see a run up into the weekend to 21k or so. I'd probably 2x long it here or buy on spot and be able to cover a draw down into the 14k...
I had a great short on XRP from 0.43 to 0.39 today, and I'm eyeing a re-entry on a 0.4 failure. BTC I expect to test 18.8 and if it can't hold it, XRP is probably the most overbought asset on the summary judgement news items coming out. It's a very risky position to short from here but I took profit so sharing this as a target for potential re-entry. Can keep sl...
I'm generally feeling bullish but looking at the daily chart, you can see bitcoin has followed this descending wedge since the top op the market on the daily candles. I can still see a potential run up, but on the daily I'm watching this channel for a break before I really enter longs. Today the market is rallying and the 21k level on the upside seems to be a...