BitcornBen

BitcornBen

While ETH is ranging it is the perfect time to catch small scalps on retests of flips of support/resistance. These trade ideas are only validated if we close a 1H candle above and or below the displayed levels. Drop a like if this helps you out :)

BitcornBen

Read the notes on the chart. Trade only gets initiated on a break above those certain levels.

BitcornBen Updated 

Trade setup #1 for the week. Will look to post more throughout the week. Will update each post on whether it was successful or not. Reasons for trade: Bullish divergences on 1H all the way up to 4H. Currently sitting on support. Trade confidence: 6/10

BitcornBen Updated 

Trade setup #2 of the week Reasons for entry: price is bouncing off support, Stochs look ready to spring up. Looking for some bullish relief going into Monday morning Trade confidence: 6/10

BitcornBen

Trade Idea: ETH short down to range lows Reasons for trade: This trade is mainly as a hedge for my other longs (see previous charts for BCH and BTC). Shorting previous support that is now acting as resistance Trade confidence: 4/10 RR: 5.9

BitcornBen

Bitcoin seems to be in a ascending wedge pattern. This could break either way but whichever way it does break I think will set the trend for the coming week.

BitcornBen

Closely watching this head and shoulders pattern. A break below the trendline would suggest a 1.75% move downwards. Idea is invalidated if we break above previous high at 10430

BitcornBen

Current play I am looking at on the 15min chart on Bitcoin. Which ever direction it goes there is money to be made. Decreasing volume signature confirms this triangle. I will be watching closely on the volume breakout aswell