With the NFP data coming in hot for the USD, which is unfavorable for all assets trading against it, we are closely monitoring both Bitcoin and Ethereum. We anticipate a sweep of the lows to clear out some liquidity before the uptrend continues. For Bitcoin, we believe the current weekly VWAP or the current weekly VAL, supported by the pwVAH, should hold BTC....
Hey traders, I've been scanning the charts and noticed something interesting. The Stochastic RSI for Bitcoin is showing 'oversold' for the past 14 days. This could indicate a potential reversal is on the horizon. Surprisingly, I haven't seen much chatter about this. Keep an eye out, this might be an opportune moment for traders to consider. Always do your own...
possible double bottom in my eyes so taking a long with a close stop lose bellow the support its bouncing off of rn.
Still think it will go down although thoughts can change depending on what happens later on, but for now My opinion is this Im also looking at the S&P500 to have some kinda of view on how it may go so... but if Im wrong, practice never hurts <3 good morning
Personally I'm moving towards the upside, but depends how the days go starting the week.
Some interesting stuff going on. looks like the momentum is starting to slow down for the bears and the price might reach 170.000 area or is it just me?
Just some small thoughts on day trading, persons posting trades without updates and the problems we encounter as a day trader.
Opening up a short position near the cloud was a risk and if I had not identified the cloud I wouldn't have pulled my SL. Thankfully I did adding more contracts in the cloud which is working out but to be honest was a dumb idea. The reason being was BTCs leg down was predictable as the cloud moved down on the daily and some of the divergences were pointing that...
Many of us including myself were skeptical about SHIBA ever blowing up, when it overtook doge I got ready to open a short. Now that Shiba has broken out of the downward channel it's been trapped in for a while, I must ask the question: are we looking at a change in direction or is it just a false alarm? Skepticism in hand, there are a few news articles popping up...
Will sand keep on dumping or it would breakout from this falling triangle to the upside? well no decisions to be made for no... if it does break the horizontal line, then i think it would be a great shorting opportunity profit taking target on the downside would be $5 but if does breakout from the triangle to the up side then profit taking target would be $8.2....
I think that for the short term theres going to be a drop for jasmy it's already breaking downwards from the descending triangle. i think it can have a move down to the .14 mark before an eventual continuation higher with the market. Love to hear your guys' thoughts on Jasmy.
Entry Reasons: Resistance breaked. My entry point doesn't break uptrend. SL safe zone.
Entry Reasons: Pair pushing eq to upside Mini deviations(!) happened RL Have 2 setup but second is more trustly My Afraids: Now pair have a down trend, when price come 23,5 ltf should be up trend afterly entry more safeful Escape Plan: If price close 3 candle in the breaker(blue box) ı will look for a exit plan
Entry Reasons: Bullish OB working powerful (at the bottom green box) My goal; wick hunt for entry & tp Short term range is working still My Afraids: Bullish OB (mid red box) & EQ stop price before tp. Escape Plan: If price taking time in bullish OB ı will look ltf(3&5 min) chart and close the pos with optimal point.
Entry Reasons: Old range low worked New dump may new range Short idea match with short trend
USDT.d chart in demand area. Chart should fill the falling gap. My red line can work breaker after now. Add alert red line, ı will follow closing 4h. I will choose 1 way or 2 way for long&short pos. Just for now short term short pos.
Entry Reasons Pair out of range with high volume Probably it will go to target without me Onchain data by my side My afraids Probably it will go to target without me