Buy in @ 6338, DCA down to 6300 flat
Stop in at 6254
volume decline, high TF rsi looks nice,
really good r/r here
max risk is 2% loss so if get stopped out not losing much at all
at the bottom of triangle, gunna long here, medium leverage with tight stop.
If this triangle breaks, likely that btc will be going straight downwards, hence the tight market stop in place.
If there is a bounce here, will make for some nice gains. Small risk with the tight stops, huge room for profit. stop at 5699.9
Short on WTI, we can see the bounce off the .618 Fib level, as well in late May we saw these levels to be support/resistance ranges.
RSI has plenty of room to drop from here, however it has not broken the trend line yet.
Stio and TP1 & TP2 you can see on the chart...
Coinbase is corrupt and will do the exact same they did to BCH but with zrx all the signals are there...
Acquired Paradex - built on 0x Protocol
Have an advisor who works for ZRX
Said they will be listing ERC20 tokens in the future
Once coinbase lists ZRX, the new found liquidity and exposure from coinbase's dummy proof UI will cause price to shoot up. I will...
Larger timeframes have massive bearish divergence, wedge forming, price has increased with decreasing volume...
Wait for the wedge to break upwards or downwards before longing/shorting. IMO I suspect it to break downwards.
Short timeframes have bullish div
Large timeframes have massive bear div
Fractal
BB are tight af!
Hidden bear diverg. on the rsi
Stop at high 6900's
Target 6450, if we break 6650, will be taking 50% at 6701 tho.
I have a lot of my net on this trade rn :/ decision time for btc to go to 9k or to 5-6k...
Entry -7420.50, 5x Leverage
Oversold RSI, Very tight BB, Decline in volume
No stops in place as of now, I will be watching very closely as ATH of shorts were placed around high 6k-7k, anyone trading with 10x leverage would have a liquidation value of around 7.4-7.6k, MM's may try to force price to this range to stop-loss hunt/trigger liquidation.
TA says XBT is...
Macro Bitcoin triangle
This triangle is symmetrical = no favoritism towards breakout downwards or upwards
1) Wait for breakout in either direction
2) Wait for candle to close above/below before longing/shorting to make sure it is not a fake out
1) Nano is currently sitting right above the .618 Fib. retracement line, which is one of the most significant and likely fib. lines for a bounce to occur off of
2) As we can see by the RSI, Nano has a history of bouncing off RSI levels of approximately 30 (which it is currently approaching and very close to)
3) Nano has a pattern of a steep increase followed by...
