Look for a successful retest on bottom of channel for trade entry. Not my type of trade to enter this after its ran this much, but has potential for scalp. ( Do your own research/ Not financial advice)
Bitcoin seems to be liking the rising wedges lately, showing strength. We're trading near the bottom of another rising wedge, seeing a rejection at the bottom for breakdown. I would trade this channel now and exit upon confirm breakdown of wedge. For a safer entry, trade the confirmed breakout once Bitcoin confirms the retest on top of the wedge. (of course not...
This stock relies heavily on the rapidly changing fundamental analysis with changing market conditions. Key support and resistance levels noted in orange on graph. Trend analysis, and trend directions noted in solid blue lines. With rapidly changing market conditions, this could create volatility.
Ascending wedges are usually bearish, and would indicate an eventual break to the down side. Would love to have another pattern heading into the week-end, but I guess it could be worse.
Ethereum has been showing strength this week. Week-ends usually being volatile, would've liked to see a different set up heading into it. Let's see if eth can demonstrate its...
Ahead of august 4th, I’m really looking to have a position in ETH, for the London hardfork. TA might be signaling a breakdown from here, although the fundamental analysis is strong, who wins out? Watching this retest from here but the TA looks bearish ☹️
Ethereum ranging in a channel currently, but if broken could yield awesome gains. Great chance of breaking channel as London Hardfork is coming up august 4th. Be very careful with deadlines, if hardfork experiences delays, could mean massive impact for breakdown in trade, otherwise its looking like an easy break of channel if BTC remains kind.
Information is in the chart with color coated directional ideas. If BTC allows, maybe a bounce from res to form support, then challenge the ascending channel for further breakout. Measured move for the break of the symmetrical triangle is noted as 89 cents. Further assessment needed once interaction with that res is achieved.
Informations in the chart, haven't really published many ideas for lack of interest in sharing really. I only published this because of how bullish it is + lack of charts. Enjoy, lmk what you think. Ignore my 15 min idea, it was thrown up off my phone so people had more information. (DO your own research/ Not financial advice) BINANCE:GHSTBUSD
Just thought I’d throw my personal chart up for you guys since I seen no one else has thrown any GHST on any on the trading pairs up for awhile. Honestly looks like we’re forming a bull flag on the one hour, it’s been pretty strong, I’ve been in since 1.40 and it has maintained its composure even during Btc’s tantrums. I expect a break upwards soon, this is really...