Chart objective: Observing how similar the candles are printing compared to the October bull run. Here is how I am charting the current price action as it advances into December. Seems pretty bullish at the moment (can always change quickly in this game) as the candles are printing similar to how they did right before the last bull run in October. Compare the...
SHIBA INU | 15-minute chart SHIBA has just bounced off of support in the current triangle channel it is in. From here it has begun to test and break the resistance set by the purple 200 EMA. It is currently chopping at the 200 EMA, deciding if the 200 EMA will act as resistance or support. If the 200 EMA does act as support, the candles could continue north where...
BAT has been working its way through a triangle on the 1-day chart, bouncing below and above the 200 and 55 EMA (purple & yellow) in the process. Currently, the price sits as a green candle right below the purple 200 EMA. The "1 day, 200 EMA strategy" says that you take a position when the price action goes north of the 200 EMA and exit a position when the price...