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Bounce

LONG ABOVE YESTERDAYS HOD30/May/2019 10:15 AM INCREDIBLY WEAK NAME HERE. LONG AS LONG AS ABOVE YESTERDAYS LOW. SMALL POSITION SIZE, TARGETING A V BOTTOM. ODDS OF SUCCESS ARE SLIM TO NONE GIVEN THE HISTORICAL WEAKNESS OF THIS NAME. NOT ACTUALLY TAKING THIS TRADE. BUT LOGGING THE IDEA. REALLY IS POOR RISK MGMT TO GO LONG SUCH A WEAK NAME AND SECTOR. BUT MOMO IS THERE WHEN THIS DOES SWING THE OTHER WAY, THUS THE INSPIRATION FOR THE IDEA. IDEA WOULD BE TO MANAGE ON THE 1 TO 4HR TIMEFRAME. -- MASSIVE VOLUME YESTERDAY. AND RECENTLY. SOMEONE IS GETTING INVOLVED OR IS OFF LOADING. 1 OF THE 2. IM NOT A VOLUME ANALYSIS EXPERT THOUGH.
ELong
by gumbtg
US30 SHORTPrice ranging in between liquidity zones give you clear areas for entries, as you can see price is on its way down to the green zone which is a strong area of liquidity, we can expect a fake move to the downside once price hits this zone which will pick up peoples sell orders right before price reverses and heads back to the upside. Look at charts from different perspectives, price always comes back to where it has always gone. Secure the bag and trail your stop loss because everyday is Moneyday! Follow me on instagram - Vellly Instagram - Learnitempire
OANDA:US30USDShort
by LitCap-Vell
Bitcoin counter bounce trade set-up clear on the WeeklyI was doing these kinds of trades in early 2018 before the coin market tanked. Works great in high volatility. Don't be scared to catch a falling knife with the right research and patience. 1- Find a level - multiple confluence of levels are best 2- Look for divergence for possible change in direction 3- Look for higher volume bars compared to recent preceding bars that were lower volume. Hit rate is high on these if you are not greedy. Balls of steel also needed to counter against heavy volume, but with the right location, you can grab from the market.
by EchoFoxSierra
Xbt fail to reach solid ground.... what to expect now?I'm using xbtusd since that's what i trade, a few days ago it failed to break the resistance at 5378 (today at 5338), i think it should retest it a couple more times before either breaking that resistance (and aim to the 7300's zone) or bouncing down hard to visit some supports (3330, 3121, 2391, 1676) but in the meanwhile, i think we are starting a downtrend and will see some downward movement (my monkey on the beach indicator 1h just sent a short signal - the previous signal was a long on March 27) i think we will find a bounce zone between 4569 and 4728 before trying to retest the 5300's resistance, if that bounce zone fails, we might be lucky if it stops at the 4200's because we might be visiting the lower supports I mentioned earlier number wont be exactly the same in a couple days, the problem with moving averges is that they keep moving :D happy trading everyone!!
BITMEX:BTCUSD.PShort
by lasher_productions
XRP / USD - 700+ DAY SUPPORT - NEVER BROKEN - CryptoManiac101XRP / USD TA From a quick TA we can see that we are sitting on a 700 + LONG DAY TREND LINE which is also being used as support. Within those 24 month, it has never been broken downward, instead we constantly see bounces occur off it as well as immense consolidation can be seen here. What should we look forward to? Bounce. That's simply it, the TA indicates for a strong upward momentum that's coming which would push XRP well over 1 dollar. It is difficult to pin point a day or an hour of when this bounce may occur, but it's safe to say that unless this support breaks, DO NOT SELL YOUR XRP. There's a lot happening in the background of all of this which many will never understand. DYOR and enjoy the ride ; ) Take a minute to look through other relevant XRP, BTC TA charts below
POLONIEX:XRPUSDLong
by CryptoManiac101
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