Quick scalp trade i entered earlier R/R = 2 Shorting resistance quick profits taken flipped to long from 3190 up to 3215 and re shorted the dump back down wich ill put in another chart
inverse H&S on the 15m Wedge on the 4hr chart Short scalp possible good R/R with tight stop
Ascending triangle on the 15m chart This pattern that is in play on the 15m is the same as the pattern seen from the 25th Nov to the 29th of Nov on the 1hr chart RSI on support line on the 1D chart 1HR macd just crossed over into a buy signal R/R = 4.95 looking for a explosive move up followed by a slow deterioration of price action back down to these...
Inverse chart showing cup n handle formation with target being yearly support at 3600
Trade the TREND. market is still over all bearish Recent rising wedge followed by head and shoulders pattern play Price has been ranging between support and resistance, forming lower local lows and lower local highs current support @ 3930 has been tested 7 times on the small 15m time frame and price is ranging downwards in a down trend channel Short Entered at...
Entry 4160 Exit 4000 stop 4200 Head and shoulders pattern in play MACD bearish divergence can be seen across multiple time frames Over all market trend is down multiple touches across the support line = weaker support R/R 4.38 Profit???
ENTRY 4293 STOP 4360 EXIT 4150 Price wicked top of BB Price at local resistance Rising wedge formation MACD forming lower highs and lower lows as price tries to move upwards
5 touches on resistance of downward channel = breakout as resistance + support get tested again and again the chance of breakout increases
Price action is confined within a narrow descending channel on the small time frames Looking for price to reach local support @ 4120 Depending on volume this could be a great set up to enter a long position due to Inverse head and shoulders pattern in play on the 1HR chart ( Pattern can be seen on all time frames from 15m to 4hr. Stop loss can be placed just...
This chart is posted after recent breakout as i had originally planed to short it before the breakout and was going to enter a trade when i got home, but too much time has passsed and the trade has moved beyond the current trading range. Nonetheless i want to show what i was planning to do on the short side of the trade pre breakout. 1. Price hit local...
Short BTC position re opened at 3820. Chart still looks to favour a downtrend. The volume for a bullish breakout is lacking and i believe we are going back down to trade within the range Previous short was closed at a 2.6% profit. Looking to scalp short term again ENTRY 3820 STOP 3855 EXIT 3650 ( i will consider exiting the trade at approximately 3750...
Low volume on reaction of touching local resistance Still over all in a down trend Short postiion scalp looking at a 2 R/R STOP: 3870 ENTRY: 3815 EXIT: 3720 Using full position of futures account here. (Maximum possible loss 1.3% - Maximum gain 2.6%0
1st Target reached. Profits taken. Trade Closed Reason: BTC is still trading in a downtrend, this was a short term scalp trade and i did not feel comfortable having a position open to try gain a few extra % of profit whilst having a long open in a downtrend. overall profit 2.7% / 2 due to using half of my futures capital on this trade = 1.3% gain on futures...
Trade idea short term scalp Entry @ 107 USD Stop placed @ 104 USD R/R = 2.28 Target can be 1st local resistance @ 114 or @ 119. Personally would go with the 114 option just to keep the trade short and sweet
Entry Long @ 3686 Stop placed at 3611 allows for approx 2.7% move down in price Used 50% of my futures trading capital on the trade no leverage to reduce risk to 1.3% of futures trading capital Target is just below local resistance at approx 4k R/R is very favorable approx 3.2 Long support / short resistance as always
NEO - Digital asset smart contract platform aiming to bring together identity and asset management on the blockchain. Disclaimer: NEO is one of my top picks the fundamentals are top notch and the ecosystem of Dapps being built on it are quality, i am very bullish on projects coming out of china especially ones that align with the interests of the chinese...
Breakout out of descending triangle OBV showing more buying pressure then selling as of late strong horizontal support