GOOD
shortPlease deal with science no one is perfect.
This is the end strategy until after breaking resistance of 42000 or support 36000, macd rsi momentom ma indicators (50/20/30) and Elliott waves and patterns have been used.This is the final strategy until after breaking resistance of 42000 or support 36000, macd rsi momentom ma indicators (30/20/50) and Elliott waves and patterns have been used.
Fibonacci and Ichimoko tools were also used in this analysis.
Simple Supply and Demand Price has a good chance of reflecting from the Demand Zone to reach the Supply Zone.
However, it would be good if we wait for a retest and seek good confirmation candles with an appropriate candle sign.
Never risk more than 0.5% risk per trade and aim for a 2 RR at least, 3 would be better.
Good luck.
BTC going sideways and we will look for ALT-season.Hello! Long time.
Hope we are good, we are profiting, we are safe and sound.
Long story short. Chart says it all, we are in fractal land, one can only hope to get btc cheaper than 40k, but with all likelihood, this will be a sideways affair.
This on the other hand gives plenty of time and room for btc.d to cool down, and let the alts breather fresh air. The time of the alts is now, until btc is ready with accumulation.
Have fun, trade alts, and be risk-managed.
-B
i think we go...up.
Believe it or not.
Look, we're so incredibly bullish.. We should have dropped twice already to test .41 and we didn't. People are trying to apply logic and reason to why it SHOULD DEFINITELY retest .41 but let me hit you with a little bit of counter logic...
Doge shouldn't even be here.
It's all a meme.
It's all fuel for the rocket baby.
Get in now or buy in at a higher, but overall relatively cheap, price.
The red dotted line is a bearish scenario but none of you care about that.
HNT - HOLD MORE!HOLD MORE AND MORE - ELIIOT WAVES TOLD THIS
GOOD PROJECT - GOOD FUNDA
BUY AND HOLD
MANAGMENT YOUR RISK...
Breakout at GBPUSDAnalysis from large to smaller charts.
- Weekly - uptrend
- Daily - uptrend
- H4 - double bottom
- H1 - Uptrend
After breaking the double bottom, a test and continuation to 1.3917 can be expected.
Today and on Monday we expect that there will be no big movements, because most of the markets are on vacation!
Reliance good option to trade intraday Purple trendline is acting as a very strong resistance
from here, we can draw out two possible situations
1) Reliance opening below 2011 and going straight down from there
2) Reliance opening somewhere inbetween 2060-2011, and going up and down
and forming a descending triangle only to go down in the end