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Cryptoreversal

MYRO Long Spot Position (Reversal with 21 EMA Reclaim)Market Context: MYRO is showing signs of reversal by reclaiming the 21 EMA for the first time since July and turning a key resistance line into support. This offers a promising risk-to-reward trade if the price continues moving upward. Trade Setup: Entry: Around $0.082. Take Profit: First target: $0.115 Second target: $0.16 Third target: $0.22 Fourth target: $0.26 Stop Loss: Daily close below $0.074. This setup has a favorable risk-to-reward profile if the upward momentum holds. #MYRO #CryptoReversal
Long
by Richtv_official
Seize the Crypto Momentum: Double Bottom Training for a Bright FAn exceptional opportunity looms on the horizon for the JUV cryptocurrency! The chart reveals a perfectly orchestrated Double Bottom formation, marking a potential bull turn. With the two troughs aligned, we hit a sturdy stand, indicating constant buying pressure. The recent rupture of the neck line, accompanied by an increase in volume, confirms the trend. This is the critical moment when previous resistances become supports, paving the way for soaring prices. By applying W amplitude measurements from the neck line, we project bold bullish targets.
Long
by ATheDay
Bitcoin Traders Play Tug of War as The Flat Extends SouthBitcoin has extended northwest but more so sideways than up. With B Wave extending to 1.38 of A, we can expect the all too common, Extended Flat to manifest in bearish fashion. The most common targets for C wave of an Extended Flat are 1.23 and 1.618 of Wave AB. These targets will take us down to the range of $38K - $30K; also the same level as the previous sub-wave 4. Undoubtedly, this will result in more bullish activity. Tread lightly. This Wave count will be invalidated with a daily closure above $64,200.
BITFINEX:BTCUSDShort
by DigitalSurfTrading
10
ETHUSD LONGOkay so we are at a very important price point for ETHUSD. We have been respecting the area of the descending wedge for a while now and we are getting to the very bottom and there is a very key support level where we could see a big move up in price if we breakout of this pattern. REMEMBER that the wedge is only valid once we have a confirmed break and close on the 1D chart. There is also a smaller descending channel on a lower time frame which I will post in the comments that could also break to the upside. If you guys like ideas like this one, follow me so I know you guys are interested and I will keep posting :D. Also if you guys have any questions about this idea, or about trading in general let me know in the comments or by private message! If you guys want me to do a TA idea on a specific pair (Forex or Crypto) let me know in the comments. Much love everyone and good luck in the markets!
BITFINEX:ETHUSDLong
by nick203
3
ETHBTC LONGWe are approaching the bottom of the descending wedge I have been looking at on ETHUSD. I wouldn't be surprised if we reach the bottom of the support level before breaking out of the wedge pattern. I also posted a short term wedge pattern on the 1D chart on the right, which could kick off the rise of ETH if we break above this pattern. REMEMBER wedge patterns are only valid once we BREAK and CLOSE above the pattern on their respected time frames. This mean that in order to enter a trade based on these patterns we must wait for the break and close. If you guys enjoy these ideas, follow me for more. Also if anyone has questions about this idea or trading in general feel free to comment down below or message me! :)
Long
by nick203
Approaching MAJOR Support Levels on ETHUSD!!!We have retraced almost 100% of the huge up move we had last summer(2017) until January(2018). There are two MAJOR support levels left on ETH ( light blue horizontal boxes on chart ). Starting to accumulate VERY low leverage longs here could be a good play. Make sure the risk to reward is at least 2:1. Also at TP1 close 33-50% of you position and move stop to break even. Good luck everyone! We are in a down trend so accumulating longs can be risky here since its counter trend but since we are near these key support levels it is time to start looking for reversal patterns around these levels.
BITFINEX:ETHUSDLong
by nick203