Bitcoin has broken through a massive downtrend and is now retesting the diagonal or dynamic resistance. If bitcoin manages to hold these levels, I would exspect prices to move higher at tap the 28k level. This is a great area to enter a long while managing your risk for a 2% max loss on trade if your stop-loss hits. You can also see that on the 6hr TF is is well...
Helium has broken out bullish and is retesting 50MA, a bounce here is likely to resume the up-trend! Current Price= 22.830 Buy Entry = 22.905 - 22.251 Take Profit= 24.650 | 26.668 | 29.790 Stop Loss= 20.979 Risk/Reward= 1:1.3 | 1:2.56 | 1:4.51 Expected Profit= +27.54% | +54.33% | +95.82% Possible Loss= -21.24% Fib. Retracement= 1 | 1.414 | 2 Margin Leverage=...
Monthly/Weekly -Price formed a double bottom , then made a huge bullish push. -It finally met resistance and has now began its retracement, usually after a double bottom formation we expect price to retrace and test the neckline. -After drawing the Fibonacci from a low to a high, you will notice the neckline lines up with the 50.0-61.8 fib level along with a...
Evening Traders, Today’s analysis – XTZBTC – reclaiming its range, a retest of support will allow for a long entry with defined risk. Points to consider, - Immediate trend bullish (consecutive higher lows) - Range support confluence (.618 Fibonacci) - Range resistance target - Oscillator neutral - Volume below average - Long retest (risk defined) XTZBTC’s...