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Priceactionstrategy

Bitcoin TA. Simple Price ActionFirst, I want to say I am strictly a Price Action trader. I like to keep my charts simple and clean and analysis the same. So if your looking for some long drawn out reason for BTC to be doing what it is doing then this is not for you. Weekly/Daily Price has made a Head N Shoulders pattern on the Weekly timeframe indicating that price may be heading to lower numbers. We have a Descending Triangle into support on the Daily timeframe as well also indicating lower numbers. If we break, retest and support flips to resistance, we can look forward to 20K possibly.
COINBASE:BTCUSDShort
by mindyabandz
Binance Coin price broke important level! BNB/USD analysis.Binance Coin is located just above the very strong Support/Resistance level, which was created on the 11th of March. At the same time, we got over the formation of the triangle. At the moment, we have the opportunity for a Long trade. Simultaneously the price is above EMA 200 daily. On the other hand, we know that the formation of a triangle often has so-called "Fakeouts", which means that there will be a false breakthrough and the price will fall again. Now we need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell. Today I will discuss all the essentials and based on our Price action strategy we will look for a suitable place to enter. Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
by UltimateCryptoTrader
Polkadot falling to 14.200!! Price action strategy will help us.On the DOT / USD currency pair, I expect the price to fall to 14,200. At this point, there is a confluence of strong support levels and the bottom trend line. Now it is necessary to wait for the price reaction and then switch to a lower time frame because only from what is happening inside the subsequent candles we can determine whether there will be a rebound and the price will rise from around 14,200. After that, the space has to rise to values around 18,000. On lower time frames, we need to use the Price action strategy. Remember, without a strategy, your trading is gambling.
Short
by UltimateCryptoTrader
Cardano between two important levels. ADA/USD analysis.A strong upward move is expected on the Cardano chart. The reflection from the bottom trend line of the triangle really indicates the tendency for the price movement upwards. On the other hand, we are just below the strong price level, where we meet weekly Pivot point and daily Pivot point. This is not common and we definitely need to be careful. However, we will switch to a lower time frame and use our Price action strategy to find a suitable place to enter. We share all the details with our members and they will be the first to enter the market with us. We wish you a nice traing. Your UCT
by UltimateCryptoTrader
1
ETH is on the edge! It is not difficult to predict what will...On the Ethereum chart, a descending triangle forms and the descending triangle formation belongs to the bearish price formation, by means of which we assume a further decline in price. On the other hand, the price is above the EMA 200, which indicates a bull signal. Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell. I will discuss all the essentials with my students today and based on our Price action strategy we will look for a suitable place to enter. Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
by UltimateCryptoTrader
1