.618 level lining up with weekly support. If this holds after yesterdays flash crash I am longing for a 3R Close just below 60k. Hopefully I'm right :)
Have not got my entry but a rough short idea on the 4H chart based on a clean monthly res rejection... Fake breakout + firm rejection... Once we break the current 4H range to the downside I'll look to get in on the retest (As per the arrows to the downside.
Simple as that. Strong reclaim of the January high (roughly 42,500) and a nice retest and we all buy Bitcoin :) Don’t over complicate it.
Just a quick idea for today/tomorrow - Chart pretty self explanatory... 'X''s indicate where people have had their stop losses, I expect a dip down back into 32s after a firm rejection of 40k again.
Scenario 1 - Shorts If we dont break the resistance at 1.37334 I will look to trade the range GBPUSD has been in all last week, no point going int Scenario 2 - Longs I think this is more likely to happen, Thursday we saw price pull lower into the 1.356 order block (yellow area), and with that we took out most who were in around the 1.36 area... If we...
Pretty self explanatory chart, just wanted to post to get into the habit of being active again on TradingView to be honest... Stop run for buys previously occurred, working within a simple range with some untouched recent highs. Lets go for them.
Explanation in my chart. For any questions DM me. Will be posting more analysis on TradingView again during isolation! Good to be back (And stay safe!!)
Explanation within chart. I've been in XRP since 80c and $1.20, looking to buy more as there is so much room to the upside.
Explanation in chart. If you want more info on how I trade, who I trade with, etc... then personal message me.
Into weekly res/61.8 level. Short to monthly support looks good right now.
Self explanatory based on description within chart.