Eric_K_Trader

Eric_K_Trader Updated 

Linkusdt 4H Cypher configuration Point B should be retracted at least 0.382XA, but not physically placed at 0.618 (shadow line contact is allowed) Point C is between the 1.27 (1.13) - 1.414 extension of XA, but it cannot be physically retracted beyond 1.414 (allow shadow line touch) Entry point: 0.786XC Stop loss point: below the X point, set the stop loss...

Eric_K_Trader Updated 

AS CHART SHOWS

Eric_K_Trader Updated 

LINKUSDT 4H SHORT PLAN

Eric_K_Trader

AS CHART SHOWS.

Eric_K_Trader

D point is a nice price to make long trade, the target is the bottom line of the red box.

Eric_K_Trader

Bitcoin has touched the 1.618 extensions of last long trend and tested the resistance twice, now, it might return to the 0.5 retracements of the 9100 - 11670, the vertical support area 9750-9900. The next target is 11880 - 12000 resistance area. Let's see. If you like this opinion, please hit the like button. Thanks

Eric_K_Trader

As the chart shows on CME, Bitcoin has completed the AB=CD pattern, meanwhile, MACD formed the death cross, RSI told us overbought, all the signal tell us bitcoin need to fix the technical indicators. but, we know that bitcoin is processing the upside trend, it's not wise for me to do a short trade, as a daily trader. When I look for the PRZ, I found that there...

Eric_K_Trader Updated 

Introduction: The Vertical Support Area can help us identify the entry opportunity when we make long trade. It is formed by at least three candlesticks: 1. bullish candlestick or bearish candlestick 2. bullish candlestick or bearish candlestick 3. bullish candlestick, the close price must higher than the high price of the second candlestick, meanwhile, there is a...

Eric_K_Trader Updated 

Introduction: The Vertical Resistance Area can help us identify the entry opportunity when we make short trade. It is formed by at least three candlesticks: 1. bullish candlestick or bearish candlestick 2. bullish candlestick or bearish candlestick 3. bearish candlestick , the close price must lower than the low price of the second candlestick , meanwhile,...

Eric_K_Trader

Bitcoin is testing the 9200 resistance area, meanwhile, there is a downtrend shark pattern and AB=CD pattern, there are two trading plan 1. breakthrough fails, price pulls back to 8800-8680 area, find reversal signal, then entry 2. breakthrough success, buy from 9210 Bitcoin is processing in the uptrend parallel channel, my target price is 9800-10000 area, no...