CAD/CHF ⬆️ Long Trade setup ⬆️Hello Everyone.
Raising channel
💲 Entry Point : 0.64386
🟢 TP 0.64839
🔴 SL 0.64165
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Disclaimer
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Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
Raise
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Bitcoin is going down againHello, this is my first idea ever in trading view. I hope this idea is useful for you all.
As you can see, I draw a triangle and a square for the highest peak which was 36640 and lowest 32300. Most probably the candles will follow the triangle drop and it should not go outside the square area. In case it did it might raise again.
I hope you like my humble analysis.
thanks,
Bitcoin: BTCUSD Grinding Higher - But Raise Stops
Bitcoin: BTCUST
Last Update 01:20gmt/20:20est
Bitcoin is continuing to grind higher, still contrained by the
parallel above it.It's double topping in the near term - has to
find buyers enough to push above the high at 11490 on
Coinbase feed but will likely still get rejected by the parallel
above it even it can push higher now - but grinding upwards
towards 11765 completion target perhaps sometime around
14:30 est tomorrow. A small speed line is forming under the
lows of this break so far and bulls will be looking for it to hold
firm to avoid the risk of Bitcoin topping out in near term and
moving into a dull energy sapping sideways to downwards
movement due to lack of follow through come far east opening.
So It's Ok for swings to stay long for now in hope of 11765
later but consider raising stops to under the little dynamic by
50 points or so to trap in 300 plus points profit for the day
even it does wrong from here.
It's been hard work all day. It would be a shame not to let it
run, but also a shame to risk it slipping away. These choices
are ultimately down to profile, as usual. Any move and hold
above 11765 (could only be due to far East volume buying)
would be extremely bullish - but unlikely in the near term.
Nevertheless if wrong and we see it happen at any point over
the next 24 hours we follow long once more.
BTGUSD: raise stops here/trail under dynamicBTGUSD
After losing the dynamic support yesterday BTG fell away to
probe structure to its left and leaving pin bars of buying
intent at 240 but never quite struck the support at 235
before bouncing away again - creating a new dynamic support
line under the day's lows, like yesterday.
Still grinding higher but meeting quite heavy selling and
now pin bars of resistance from 290 . Still a good strategy
to run a trailing stop under the dynamic and maybe stick a
limit order between 294-299, looking to buy back at 282.
Litecoin: LTCUSD Raise stops nowLitecoin Update
Well the buy point on the break of the parallel was OK but the
rally has been disappointing. Pin bars scattered around 92 and
under show interest but stops below 91 will have been hit
unless you delayed for the second buy point. Very annoying.
That pin bar showing off the high today is not good. Either
raise stops to 95 or can take profits here for 5% win at 97.5.
Would be ideal if it came back to 92 again to buy once more
with stops
BITCOIN: BTCUSD Approaching highs - raise stops nowBITCOIN: BTCUSD
A fantastic day for bulls of Bitcoin has seen it rally back
towards the highs. No stops we hit on longs and after
problems gettting long here on Thursday and staying with it
before stops got hit. Friday was kinder, steadier. We are
many hundreds of points to the good here and need to protect
profits now...See those 3 fantastic continuation patterns it
hammered out during yesterday? Two strikes = 'hot' . All
three times. These are the signals we need to familiarise
ourselves with for the future..if you can
spot these you have a key to the future...For day traders the
nearest support is close at hand, at 11050 - failure here will
mean a quick fall to 10970 - and should that fail it will
comeback to 10638 where it becomes a buy again.
And if Bitcoin can hold up here at first support/11050 it will
then go on to test the high at 11390 - look to close out longs
here and only re-enter long on a break of the highs by 90
points looking to buy again on successful retest with stops
below 11200.
Swing traders who got long from much lower (9400-9500) are
showing about 1600 points of profit now in 25 hours ...use
11000 as a
stop, just under and buy back at 10640 if stopped out now.
Day tarders can use the upper paraallel of the top flag on the chart ...just UNDER 11000
Litecoin LTCUSD Testing important resistance: raise stops againLitecoin/Dollar LTCUSD
Litecoin Dollar LTCUSD
Testing important resistance at the old highs and so far standing up well.
Once again it needs buyers here to push it out of the reach of bears at current levels.
Litecoin found buyers exactly where it needed them and has
since pushed 5% or so higher. The longer term chart (left)
shows price straining against the old high , but actually it's
sitting right on top of it, trying to pin it down and use it as
support. It's doing well so far but the shorter term chart
shows price getting squeezed into a narrowing funnel where a
decision has to be made quite soon now...it either pops above
the upper dynamic and makes a run for 109 - amazing, but
possible, even though it seems unlikely. The Dow and Nasdaq
have done exactly that this year already, so it can't be
dismissed as outrageous altogether.
But, on the other side of the coin, there's also a 50/50 chance
(probably 60-40%) that price will lose the support of the lower
dynamic and then fall back to 89 at least.This wave of buying
has seen 4 smaller waves running inside the funnel, each one
getting smaller in size, which is hinting at potential
exhaustion here, a natural place to encounter profit taking.
Suggest raising the stop on longs to a little under the dynamic
support if day trading, and increasing longs if the upper
resistance line can be broken through and survive any retest.
swing traders can keep their stops at 88 for now.
LTCUSD LitecoinDollar: Raise stops here to 88LTCUSD Litecoin Dollar
Still pushing higher but there is a danger here of loss of upside
momentum here without more buying power arriving soon.
Key near term support has been established at 89. Any fall
below 88 will likely mean a fall back to 82 at least.
Raise stops on any longs here to 88.
DASHUSD: Up 80% + in 13 days:Time to raise stops/watch this flagDASHUSD Update
We were so lucky to get filled at 305 back on November 10th
just an hour or two after the last Dash forecast went live
and trade is still live and going well, so far.
But it could be fading here, it's falling away from the top of
the flag and needs buyers to push higher and trigger the next
addition to longs. If we see this the stop on all positions can
be raised to just under the upper parallel at the point of
break out.
If at any point buyers fade away and sellers are able to drive
price below the lower parallel all longs must be closed out as
quickly as possible to trap in 240 points of gains, up 80% in 13
days so far. Bitcoin eat your heart out.
Bitcoin:BTCUSD Raise stops nowBitcoin: BTCUSD Upload Limit keeps triggering so will try to
cover next few hours here, not minutes, which is not exactly
easy at best of times...
So far so good: support at 7346-7350 has held up well and
stops remain good, so far...It's likely to keep running into
profit takers in the zone from 7500 up to the highs at 7590 so
if you want to close out in this range it's not a bad idea,
looking to buy from lower down again or alternatively
increase once 7600 (TYPO IN TEXT ON CHART, not 7900 repeat not, breakout is 7600)
is broken on the upside (whenever that
comes). or use a stop under 7430 to trap in nearly 300 points
profit so far)
Near term support at 7430 for day-traders, a break below
here should see further declines to 7347 to begin with...so
suggest a stops as above looking to buy back at 7350 area if
tested...but with a stop under 7350 by at least 10 points,
because if this level is broken on downside the it will hit 7270
most likely, if not the next listed support at 7137 before
bouncing again.
Swing traders who didn't catch the break above 7137 last
night are advised to sit tight for now, awaiting a break above
7600 to go long with stop 60 points below to begin with.
FCT uptrend for the next 24hCurrent trendline as support will help FCT find it's way back up since the recent drop. Indicators support the possible bullish behaviour. If FCT breaks the current resistance this line will become the new support.
GOOG: Alphabet Update: stay long but raise stop loss to 919Alphabet: no reason to exit longs but suggest raising stop to 919. All trends remain positive but short term trend will reverse if Alphabet trades below 919 and trigger a near-term shorting opportunity back to 901. Nasdaq and S and P would also become near-term shorts if we see any such price action this coming week.