I'll enter a position after the breakout of the bull flag triangle. It will also be above some horizontal and diagonal resistances which serves as an evidence of strength. SL will trigger if BTC is back again within the flag and also smashed the two (then) support lines. Legend: o red = daily tf o green = 4 hour tf o full line = s/r based on candle body o dashed...
The entry was first resistance, then flipped to support and now I expect it to hold on the rounded retest. I'll keep a short stop loss though.
Legend: normal line: candle body based support / resistance dashed line: wick based support / resistance red line color: 1D timeframe based support / resistance green line color: 4H tf based s/r yellow line color: 1H tf based s/r Description: The yellow 1H price has 5 interactions as support. My main premise is, that this will serve as a strong resistance. It...
Current overhead resistances: o Two order block rectangles from small bodied candle that led to a sharp move down. o The moving average middle line of the bollinger band was only broken slightly before (see arrrow) during the current down trend. I expect it to contract more and provide a similar resistance now. o I expect the downtrend line to be the biggest...
As I'm short currently, this is just a paper trade and a public prediction for me to later see how that played out. I've just spotted a head and shoulders whose target reaches the 1D support line. The slope of the neckline is rising so it might not be so reliable. There is also a hidden bearish divergence with the MACD which signals a continuation of the...
I've set the stop limit order for that trade according to the long tool in the chart. Background: I just want to be in a trade that is probably successful in case ADA rallies hard. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for that) I want to trade a bullish breakout from the sharp move down. To reduce...
I've set the stop limit order for that trade according to the long tool in the chart. Background: I just want to be in a trade that is probably successful in case ADA rallies hard. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for that) I want to trade a bullish breakout from the major downtrend. To...
I've set the stop limit order for that trade according to the long tool in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for...
Details will follow later.
I've set the stop limit order for that trade according to the long tool in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for...
More info will follow later.
I've set the stop limit order for that trade according to the long entry in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for...
I've set the stop limit order for that trade according to the long entry in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for that)...
I've set the stop limit order for that trade according to the long entry in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. In this case I fear that BTC is rallying without caring too much about resistances which would lead to an XLM...
I've set the stop limit order for that trade according to the long entry in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for that)...
I've set the stop limit order for that trade according to the long entry in the chart. Background: I'm generally bearish and I want the price to convince me that we have a reversal. Otherwise I'll just trail my setup down until there is a real reversal. Hypothesis: To have a highly probable successful trade (please tell me if there is a better wording for that)...
I'm generally bearish which is why I trade as a breakout to the top. If this breakout doesn't materialize I'll close the trade and create a newer one at a lower price. This is not a paper trade. I have created a real stop limit order for that trade. My hypothesis: If the SEC is approving the VanEck-SolidX Bitcoin ETF proposal the 1D major downtrend (red...