Price has bounced off the 0.14 resistance for the past few hours. I don't expect the price to go back up so fast.
Low risk, high rewards possibility. What more do you need to take a trade?
Crossed resistance and could be playing with it a bit but let's wait and see what happens in the next 3-4 hours before entering. There could be one more push and depending on how strong, it may indicate whether or not we're in a reversal.
Entry has yet to be determined. Waiting for confirmation and SL will go below the previous low. 1.8470.
Entry was triggered around 58.80 and SL is set around 59.20. TP has yet to be determined but I do not expect support to hold should the trade go my way.
It's not hard, price is down. Needs a bit of stroking and price goes up. Let's see how this plays out. The entry, target and SL are all subjective at this point. Need to wait for confirmation!
SL: 3980 Entry: 3960 TP: 3880 Should price move up again, I'll look for a different position but overall short bias.
Orders are accumulating and I expect the price to keep moving up until it tells me otherwise. Ideally a break below the range with signs of reversal would trigger a long position.
Low risk, high reward, low probability trade. First target is far but will probably swing the position should it be profitable.
Looks like 2 weeks of consolidation. Buyers have come in every time the price tried to push down and we ended last week on a bullish note. I expect price to keep pushing and break current resistance. This should give a nice long trade on shorter time frames.
Price looks like is stalling and might push up. On the daily, price has steadily gone up and broke through 2 resistance levels before coming back to support (2nd resistance). This pair has been ranging since 2016 and we're approaching the top of the range so I do believe long positions should not be held beyond the high of Jan. I'd probably wait for the price to...
We're approaching the end of a consolidation. End of long consolidation usually means the price is ready to move unilaterally in one direction. It's too early to tell which direction but it has to break 0.014 for a bullish trade or 0.012 for a bearish trade. If I had to guess, I'd say we're in for a very strong bullish reversal as XBT loses more ground to...
Looks like we're in a range and approaching a solid support where price has reversed. Support seems solid around 0.01200 based on previous price action.
Who knows. Resistance has been strong. Some structure has been broken. And we're now seeing a big selloff. I'm tempted to just go with the wave here.
We're retesting resistance at 0.7180 and further move up seems to have been rejected.
Trade is already open but basically we're retesting near-term resistance. Couple of rejected candles. SL: 1.2820 Entry: 1.2790 TP: 1.2670