SL at 45.63
6 timeframe confluence. Was not expecting to trade too much today but after eyeing this setup...
burn baby burn when do I get my turn
Linear Reg Channel giving a good opportunity to see a 1% scalp on 2700ltc
That huge bullish move on the 15th of Oct (as predicted) set a huge range where price is sitting at a nice uncertain equilibrium. Bears are scared. Indecision allows for great setup on the hourly.
Waiting for a 60 inside bar to complete and it's either short or long
Hoping for intra-day bullish break AND continuation after jumping the creek.
6500 psychological is important resistance turned support
6500-7500 can happen easily if 6500 remains
If 6500 fails for the bulls, intra-week consolidation may occur.
Fundamentally, crypto twitter is bullish
Failure of Daily Pivot looks good for a short scalp to S1 Support
-Overall Intra-Day Consolidation needed
Bears Neutral even though this is a short opp
Bulls in control this week
Bearish if 6300 Support Fails
Bullish continuation if psychological 6500 Buy Stop is hit
Failure of Wedge = short on godmode sell signal
Short Sell stop 6470 to 6380
Contrarian style tells me fake break down to test 500 satoshi demand level before 650 level LONG is broken. Godmode shows exhaustion. Will test 900 satoshi for take-profit
Long @ 650 satoshi
DGB is top 10 @ solume.io
Incredibly bullish sentiment
Looking for 2:1 RR
Price should consolidate to the Light Blue SMMA and find support on the daily equilibrium Triangle that has formed.
We are in breakout mode from here so we either see bullish continuation or this is a huge bull trap fakeout. Keeping stops tight
4hr RSI is super overbought so bullish entry above 9000 only likely after RSI cools a bit
BTC along with ETH and LTC will allow for great 2:1 RR short term.
Trading 5x margin.
Will either break up toward weekly resistance pivot
consolidate down toward 6600 long term equilibrium triangle formation
ETH is super antsy to make ATHs but BTC and LTC are holding it down. it's consistently making HH patterns instead