These are all breakout plays, if SFP can get a bunch of bullish momentum and break one of these trend lines, it could be worth an entry. If it can break + close above dotted purple trend line AND solid purple trend line AND previous high = buy signal
Heya guys! Hope ya'll having a grand old day. This week I've been getting idea overload, in this video I discuss how its impacting my TA and trade decision making. I try to simplify things a bit and ascertain exactly what signs I'm looking for from BTC that means danger! --=-TimeStamps-=-- 0:00 = Heya! 1:35 = My favorite color is orange. 3:50 = Trend lines that...
VET has broken a major trend line, broken 1 resistance and looking bullish. Its starting to approach the .25 mark and appears to be following many other dino coins in this bowl shaped pattern on the weekly, coming full circle back to the previous bullruns gains. Todays VET daily I decided to chart up my ideas on vechain price targets for this year. These targets...
THETA has this loooong established trend line with a couple fake breakouts. We have seen a few recent violent breakouts like LTC and DASH which may get you thinking everything breaks! But be careful with this THETA break, it likes to trick you! I would like to see the retest of the upper trend line to confirm. Then lets go to the moon. -=-=-=-=-=-=-=- THETA...
VET looking more bullish today despite BTC having failed at 58k. It came up for a break briefly, but wasn't able to close it on the 4h. There is a possible entry back on support, that's definitely a play I may consider if we come down sharply. If BTC can recover and try again at 58k then get ready for the breakout play! -=-=-=-=-=-=-=-=- AGGRESSIVE...
On smaller timeframes we have a bearish descending triangle and what is possibly the start of a daily downtrend. If we cant break this upper trend line we come down to 55K. I would prefer the correction, but TA at these timeframes can be contradicted easily. I made a big mistake yesterday in letting myself get pulled in different directions and not paying...
We are on the downside now of that triangle, there may be some trend lines to fit us back in there, but how many times have we adjusted them lines?! At some stage you have to let the pattern go. I see the upper descending trendline, that's significant. I also see the support levels. And I feel tremendous pressure and connection to BTC price action. It is our...
Stressful morning!! When you think BTC's almost done, it takes another little dump on you. Big shoutout to Helical_Trades for some fascinating ideas on BTC where he timed this dump brilliantly. I spend some time going over his idea. We take a look at dogecoin aswell, don't miss the ridiculousness that is the dogeusdt graph! My thoughts for BTC this week cant not...
Again BTC is behaving uncertainly. The market is figuring out whether bitcoin is worth 60k+ For me we are determining here exactly the nature of recent big institutional investment. How long are they? Will they have diamond hands or get spooked? The best we can hope for is the big money holds fast, if we can get a few weeks of stability it may be a big green flag...
WE STILL IN UNCERTAINTY LAND GUYS! The moral of my VET trades hasn't changed much. Buy on the trend line. VET fell sharply, and briefly, below the current trend line I've been using. Its created potentially a new trend line that I've drawn in with dull orange. I still prefer the bright orange lower trend line as I think it gives more context to price...
I was gonna put the high risk label on this trade... but honestly... I really don't think this is high risk. (It DOES depend on your risk management, if you commit too much to this... well don't do it!) You can see that twice before PSG went sideways for 3 days, then 5 days, and pumped, shows PSG likes to pump UP after significant sideways price action. We also...
Did a video charting this up but also wanted to share the fully charted thing! I'm a bit in love with how nice this pattern looks, I have basically sentenced it to breaking down now so I apologize in advance for my recklessness! -=-=-=-=-=-=- DUSK TRADE -=-=-=-=-=-=- BUY: on the trend line OR play the breakout TARGET: 0.335 STOP:...
The idea of this video is to give a rough beginners guide on how to evaluate a coin/token/protocol. When you first look at it, what are you looking for? Is it worth ANY of your time looking at it? Is it a s**tcoin? Is it legit? In dusks case its a super nice looking ascending triangle pattern, cutest triangle I've seen this month ;) Right now its all about the...
Today id like to see another test of my ascending trend line and a rejection at 58k. BTC recently has been a pattern of pumping hard to break resistances. It would follow pattern to get a big pump of 1k+ to break 58k. Do I think its likely?.. No. haha, sorry. Its on the cards, but things feel uncertain still. We aren't out of the woods yet and if you are...
PanCAKEswap has been seeing some explosive growth. Here's me back at $16 with a ton sitting in a syrup pool wishing I just had of... haha, isn't the crypto life just full of near hits and misses? If you missed out on the CAKE party, here's some ways to get a seat at the birthday table. Its a classic case of the FIB support play. If we come down further, have a...
HIGH RISK TODAY! This isn't really where you want to be entering this trade, there is a breakout play here still. Technically if we close on the next 4h, we have another decent opportunity at a breakout with move up to test next resistance. BUT, bitcoin took a dump, and what we've seen past few days is = BTC pump -> ALTS don't move -> BTC dump -> ALTS dump. Its...
Hope you like the fresh new looks! BTC had a sharp dip past few hours, so far its not Armageddon but this dip really put into perspective the fragility of support we are sitting on. My trading style seems to place a lot of weight into trend lines. I like patterns. The thing that saved me from the 17th April dip was the fact we briefly started to test below the...
Heya guys, this one is a purely TA powered trade, no fundamentals present! This is one of the numerous projects binance has propped up within their ecosystem. Currently im seeing an ascending triangle on the 1H, patterns at these time frames can be broken frequently, but when trading patterns this is exactly where you enter. Not much risk here since if it breaks...