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QKC/BTC Holding the pivot support, may get a run up!On the 4H chart I can see that red level(lower) as an important support/resistance flip level. We're currently holding it as support. Those wicks below got bought up pretty quickly and were made during BTC's dump the other day. A long here may be possible but it's wiser to wait for confirmation on a lower time frame, something like a break in market structure UP, and then a retest, if you want to increase your chances. Look for something like this: Entering aggressively right now may be risky because this isn't the first time we're testing this support, and as always, be wary of BTC's movements which may disrupt most alts if it gets twitchy. Trade wisely.
Long
by UnknownUnicorn3664665
DOCK/BTC in the optimal BUY zoneWe're inside a 4H breaker currently, retesting it as support again, and also a nice fib retracement zone. If we bounce from here that would also be a higher low and a good bullish sign for further expansion upwards. If you look below you can see that we bounced from an important daily pivot level too. --------- Colors I use for a more organized chart: 15 min - Cyan 1H - Gray 4H - Red Daily - Green Weekly - Orange --------- Some terms I used: -Bullish breaker - an orderblock (a green or red candle, in this case green) that preceeded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support.
DLong
by UnknownUnicorn3664665
EOS/BTC Sitting at support, awaiting clearance for lift offLooks like we made an SFP and are now sitting inside the optimal fib retracement a bit lower than I would've liked but this seems like a good pivot support + 1H breaker confluence. For better odds in this trade, wait for a break in the market structure on lower timeframe and enter on retrace. Around 3.8 R/R as it stands now, not bad. - Bullish breaker - an orderblock (a green or red candle, in this case green) that preceeded a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support. - SFP - Swing failure pattern - a candle formation where the price takes out a previous swing high or low, but returns under/above it before locking the candle. Under the right circumstances it can signal a reversal.
Long
by UnknownUnicorn3664665
ADA/BTC Tactical analysis / Buy opportunity-We have bounced on a major weekly support, and have made some higher lows on the daily. -We broke the previous high on the 4H and started retracing. -Should see the .705 retrace to that 4H breaker and attempt to break the next resistance. Daily view: Terms: -Bullish breaker - an orderblock (a green or red candle, in this case green) that precedes a move that took out a previous swing low, but was later nuked through. If the price comes back to that block, it is expected to act as support Colors I use for a more organized chart: 15 min - Cyan 1H - Gray 4H - Red Daily - Green Weekly - Orange
Long
by UnknownUnicorn3664665
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