Trader YourCryptoPlug — Trading Ideas & Charts

This Elliot Wave Pattern indicates a possible trend change.

, 240Long

LOOKS may have bottomed out at around $2.5. The Elliot Wave Theory also suggests that price has just completed its "5th" and final wave which indicates a possible trend change up long. Might be a good idea to stack up some more LOOKS before price jumps. Disclaimer: This is not financial advice. Do your own research and only invest in what you can afford to lose.

Elon was just fuel for the #BTC #SellOff

BTCUSD

, 1DShort

YourCryptoPlug

Despite the drama you may have witnessed between Bitcoin maxis and Elon Musk this past weekend, Bitcoin was showing signs of a trend change for weeks now. - In my chart drawings you can see that BTC was struggling to break and hold $60k - Sellers eventually pushed price down which can be observed with the break of the ascending trendline. - After price broke...

Despite the Elon vs BTC Maxis drama, BTC was bearish

BTCUSD

, 1DShort

YourCryptoPlug

ETH pulled back 61.8%

ETHBUSD

, 1DLong

YourCryptoPlug

#ETH pulled back 61.8% from the last swing low to the last swing high. Idk what people are freaking out about. All I see is Discount SZN

Possible pullback to $1400-$1500 before ETH moons to $2000

ETHUSD

, 1DShort

YourCryptoPlug

Daily Chart: - The daily chart shows that price broke above a key level at $1400 and is due for a pullback. - Most breaks in price usually like to pullback to "retest" a level before continuing the bull trend. 4H Chart: - Price is decelerating. - Price failed to make a higher high - Bearish MACD - If you draw in Fibonacci lines price retracement shows...

GBP/USD impending sell off?

GBPUSD

, DShort

YourCryptoPlug

Daily charts show pretty nice price action for a a short bias. - high test candles on key support - Price rejecting off bearish trend line 1hr charts also show a beautiful Head and Shoulders continuation pattern Now all we need is for the NFP announcement on Friday to be in the positives and that will be icing on the cake for a high probability trade set up!