Cryptosuf
ETH/USD short call - symmetrical triangle continuation patternETH/USD short call - symmetrical triangle continuation pattern.
MACD coiling and needs a resolution.
Price action coiling and needs a resolution, based off classical chart patterns this would be a bearish move.
RSI approaching resistance and may get rejected.
moving averages also forming bearish movements on top of the current candles indicating a move downwards.
LTC/BTC long scalpLTC/BTC long scalp
falling wedge
MACD oversold curling upwards
.786 area hit for downtrend
looking for a pullback but unsure of bullish trend continuation.
-CryptoSuf
The lions Den
LTC/BTC long scalpADA/BTC long scalp
falling wedge
MACD oversold curling upwards **already crossed bullish**
.618 area hit for downtrend and bounced
looking for a pullback but unsure of bullish trend continuation.
-CryptoSuf
The lions Den
EOS/BTC long scalpEOS/BTC long scalp
falling wedge
MACD oversold curling upwards
.618 - .786 area hit for downtrend
looking for a pullback but unsure of bullish trend continuation.
-CryptoSuf
The lions Den
BTC/USD Retracement coming soon, not shorting looking for longsThis shit looks really bullish. I almost think we can break up from this channel lol. But, we deal in probabilities and its a high probability we will see a retrace soon, IMO.
With that being said, I am looking to close 50% of my small long orders in the red box
and begin longing at the green boxes. Allocating 70% of my ladder to those orders.
lastly, although I am not advising anyone to short here, this can be a nice short entry.... but the chances of it shooting up out of this channel would be higher than normal imo. Which is why I am only closing 50% and holding the rest.
THIS IS A LONG ENTRY LADDER — NOT A SHORT!
ETH/USD THE best way to play this?? find out in this postwe have a consolidation pattern here, a clear triangle. Usually we break up but theres NO guarantee with this pattern. To be safe and keep emotions out, I think this is the best way to play this.
pretty self explanatory. If we break up, long... If we break down, short.
It's obvious but a lot of people including myself get stuck trading in the middle of these patterns and sometimes we trade it before the pattern develops so we have no clue the pattern is forming. Patience is a virtue.