XLM is forming a big double bottom on the daily and 4 hr time frames at a strong level of support which has been respected previously. If BTC has some sideways movement we may see a decent bounce here back up to test the above resistance, trend line and then previous structure. Waiting for some confirmation that this level of support is going to hold before entering.
HEY GUYS! Drake Denison here with a chart update! Caught this trade on the Daily timeframe last couple weeks and waited patient on this pair to retrace up to our broken support and use it as resistance. Then I watched the lower Time frame Breaks and set my take profits and stop losses accordingly! Again, want to bring extreme value to my page and have yall...
$JD Swing trade plan - Nice consalidation around $38
4H and Hourly chart continues to show divergence...daily trend is still bearish...I am looking for a re-test right below 6660 to enter short with stop above the most recent (lower) high.
EURAUD Short is confirmed. Correction is nearing end but can last another hour or so but should be seeing another momentum push downwards towards our first target shortly. 2nd target is a potential but if reached will happen over several larger corrections.
This trade has opened on 1 minute chart, the Tradeview don't allow to share analisys in timeframes lower than 15 min as public
OMG is forming a double bottom on the daily at a strong level of support. This level has been respected as both support and resistance multiple times on the 4 hr and daily time frames. Looking for a good bounce here to break the daily down trend line and head up to retest previous structure. Tight stop loss in place just in case this support doesn't hold.
Our pair has good growth potential, but there are some aspects to consider. We expect the continuation of the ascending movement. Our technical indicators also indicate a purchase. In the medium term, we can expect the price to pass to the level of 1.2, but the next level that must be overcome is the 1.1850 level and only if the pair is fixed above this level, we...
VIB was my favorite coin to trade for a long time before this recent dip. It seems now like it has found the bottom and started to rally. An inverse head & shoulders pattern, followed by what looks to be a possible Elliot wave pattern now forming. If this support at 1243 holds, we may see a bounce up to retest the weekly downtrend line and the weekly...
Reached my target on neo very quickly and it is now retracing back to support. Also appears to be forming a potential head and shoulders pattern. If the previously respected level of support does not hold this time then we may see neo head down further to retest the weekly resistance and trend line around the 48-490000 sat level. If the support holds as it has...
I buy with the HH candle (dow theory) and closed (see picture) with the doji/reversal candle pattern. As it is Friday I closed the trade. However, I left with a little order for run to next week.
I have a conditional order placed - if a new high is made before then I will wait for the next set-up.
Hello All posted this trade setup mid last week. Currently in profit due to NFP giving it a little boost i decided to make this trade risk free just before market close because sometimes we can get large gaps in the market and there is nothing worse going into a start of a new week with a lose so i limited my downside and took away risk. We will see in a few hours...
At 1 hour timezone, there are signs of falling or at least temporary rest, which, if realized,will be up to 6650 and then 6590 fall . But the overall atmosphere of Bitcoin has changed significantly over of the past. At the moment, the 7-month decline flag has been completely broken. That is a good sign.
Multi-Timeframe BTC Analysis 3 Day: We are still in a bearish trend. Nothing has changed there. Broke the symmetrical triangle, and have potentially formed a descending wedge (invalid if price closes below the support - lower red line) Bounces do occur in bearish trends and we have created two points of descending price action (lower highs) on BTC over the...