DISCLAIMER: This is TA from a beginner learning to trade. I take all trades I publish unless otherwise stated. However, I use very small position sizes for the purposes of learning. Follow my journey as I cut my teeth in trading.
I have noticed throughout btc's short term consolidation, it has been following fib levels relatively well. I have no long bias even...
Might be biased towards seeing daily demand/supply blocks on LTC because I rode it halfway down.
I see either a large demand block off the 8th jan candle, or a smaller demand block 2 at the 26th december 2019. They are daily blocks so I feel comfortable placing lots of weight on them. I decided to set up a longer term trade to get into an early long position,...
Daily, I noticed theres been a reaction around the 61.8% retracement from the prior rally.
I anticipate this pullback off of the 61.8% can be a decent way to fill an order resting higher.
I will choose to place more weight on the daily demand zone being broken through and taking
much strength to dig up through again, and i chose to place a stop loss just after...
Anticipating a bounce around in a channel created by the supply zone during the big drop. I am discounting the giant wick on the 13th march because its a bitmex thing, it did nothappen on any other exchange. Other exchanges have a clean touch on the supply zone and fell back into the channel. Short term trade and I am anticipating only 1 of my entries to be...
