piccard54

piccard54

Hello traders, that' s my new idea: We have CHZ currently touching the strong support that was already broken, my analysis suggests me to enter a short position here. Why? It is situated in now a strong resistance and the probabilities of a breakout looking the bitcoin situation are quite low. The EMA21 has crossed the EMA55, this indicates a downtrend and...

piccard54

Taking in to account the current situation of BTC that in my opinion made a weak bounce from support of 39k like you can see in my other analysis i expect it to touch the 37,5k level and then we will see if it holds. Meanwhile i see this a probably good trade. Because of: -Touching resistance -Touching upper line of ascending -Weak state of...

piccard54

It looks like the king of the crypto market is going to retest the bottom of the ascending channel, i think that it would be a good idea to looking for longs at the bottom of the channel, however, if it holds the blue box that seems to be a good entry . Orders at the *purple line 40500-41000, *orange line 39000-39500 and *bottom of the ascending channel...