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Entry

Symmetrical Triangle formed symmetrical triangle has form, there is no clear trend or direction in the price. Price is bound by two slanted support and resistance lines. Once the price reaches the apex of the the triangle, a breakout typically occurs but its direction is unknown. must pay attention to possible false breakout. Now must wait for the price to breach the triangle boundary and the following price increase. the retest occurs when the price pulls back to the original breakout price. therefore, we place a buy order just above breakout price.
COINBASE:BTCUSD
by StevenAbreu
What is "Price Action"? What about indicators?There is no one clear definition of price action. It can be as simple as "Every tick on any given chart, of any given market." However this definition is too broad and does not adequately describe the term. A better definition is "The collective result of buyers and sellers entering the market for any logical reason, which together create reoccurring patterns that can be analyzed and capitalized." Price action is based on humans behaving rationally, logically, and similarly in similar situations over time, and is the cumulative effect of institutional trading. It has been, and always will remain fundamentally unchanged. If you compare a chart from 100 years ago (such as the crash of 1929) with one of today with the time scales removed, you will not be able to tell the difference between the two. It does not matter if you compare a yearly, monthly, daily, or even 1 minute chart with any other chart of a different time frame. Price action appears the same and works the same in every market, and on every time frame. The institutions cannot hide what they are doing; price action is their foot print. Price action can be used to invest long term, or day trade any market. It allows a trader or investor to identify opportunities without the use of any indicators. In fact, all indicators are a derivative of price action in one form or another. Interestingly, the patterns which repeat as well as trend tendencies can be observed on different charts, even outside of markets. Can you tell a difference between these two charts? The first is a daily chart of CSX. The second is a 5 minute chart of the MES (micro s&p). All markets and charts look the same, and behave similarly. Once you understand the information within, you can understand what the institutions are doing at any given time.
TSX:ACB
by tradersmentality
BCH/BTC - small retrace and then pump!BCH/BTC looks like its headed down to the bottom of the range before picking up speed again. In this one I decided to post the chart showing how I placed the gann fans. Feel free to try it out for yourself and please give me a follow if it helps you :) Target: 0.0490 Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. Yellow line indicates t/p. This is a log chart. This is not financial advice.
Long
by Halams
ETC BTC XBT Long Entry Setup at .001 - .0011 ETCXBTKnowing BTC is finishing its move into the final leg E-wave of its bear flag continuation pattern, when BTC moves down to its previous yearly low around 3250ish/ ETC will also move to its yearly low- however will be in a great position to make a major move upwards. Entry Long Limit order at these positions: .001/.00105/ .0011 SL: none/ only commit 5-20% to these positions/ If the price continues to drops then apply higher leverage and at to position up to .00089. T1: .0014 T2: .0015
Long
by LazerTrading
BTC/USD - Bearish Divergence and OversoldBTC has seen a 12.5% move down over the last 4 days ranging from $4000, to $3600. RSI entered oversold region on the 9th of Jan and a small bear flag looks to be forming on the 4hour. I expect we'll seen another leg down to new yearly lows around $2800 over the coming weeks, I will be staggering my long entries within the green boxes. If we see momentum switch bullish again I will be looking to enter into a short term long around $3920 and will most likely hedge with a TRX short. Clear rounding and staggered bullish divergence on the chart could align nicely with lack of oversold momentum which could propel price levels higher over the coming days if $3500 region fails to break to the downside.
BITMEX:XBT
by astronautdotgg
BTC Entry Completely nailed the short these past few days. You can look back at previous posts or on my twitter to see the short calls with stop loss and targets. Today I think we bounce and run into resistance somewhere in or around my gray box. Closes below there are bad and have me thinking short with a final target of blue box. S curve shows how I think PA will play out. I may look to scale in on a short depending on what price is telling me. I really like a long from blue box for a solid bounce. Still think we see new lows this year.
BITMEX:BTCUSD.PShort
by OrionCapitalmanagement
Tron – Panic?Hello everyone, trx has pushed through 0.021! But has directly lost confidence… Don’t panic, because there are two scenarios that are most likely now: Down to complete wave 2 (green line) at around 0.015 – chance 60% Down to complete wave 4 (dark green in square brackets) – chance 20% (please keep in mind, that if 0.017 will fall, this scenario is invalidated!) Other possibilities: Down to around 0.012 to complete wave 2 there – chance 10% UNDER 0.011 trx is going to hell! – chance 10% Please leave a comment or a message, if you have any questions! Take care tgo
BINANCE:TRXUSD
by HK-Capital-Management
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