$eth #ethereum is in a clear downtrend on daily setting HL and LLs. The angle is getting steeper so I am seeing a deep flush in the near future or we draw a line in the sand here and start the climb up now. Both potential paths laid out for you. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force...
$eth #ethereum Red box resistance levels to watch if we get a breakout of descending wedge. Top of wedge would be target (20% move). Daily close below 3600 would signal bigger move to the downside ahead. 3200 strong volume support. RSI testing top of channel and OBV coiling to a point ready for a breakout soon.
$link #chainlink looking juicy. Ascending triangle and double bottom breakout. Could play this to the weekly double bottom neckline or to Ascending triangle PT of $29. Red lines are LTF resistance levels to watch. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works...
$apps #apps currently seeing resistance at highest VPVR range on H4. Bounced off of bottom BB and also the neckline of W breakout that already completed. Could play the bounce here to retest resistance or wait for a breakdown to short back to bottom of range at green line.
$atom #cosmos about to break horizontal level after triple bottom. 30% upside potential.
#cro $cro looking for this long set up. If it can break diagonal and horizontal resistances, it could play for a nice 8:1 set up. Previous trade played out nicely and another breakout should retest green line. Wait for confirmation —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a...
$dot #polkadot setting a lower high and H4 close below 29.7 would offer a nice short set up. Lower Low on H4 would add another 8-12% to the short. WAIT for confirmation. Not a trade until it closes below horizontal support. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy...
Nexo is one of my biggest Alt bags. I believe in this company long term, and I am seeing a nice long trade set up here so I thought I would share. EMA ribbon and both Super Trends flipped bullish on H12. RSI and OBV both in up trend. Short term, I see a move to 2.91 very likely after rounding out a bottom and breaking 2.53 horizontal resistance level and...
$near #near looking at 17.74 as next target. H4 close above diagonal trendline and daily close should be above golden pocket and potentially .786 which would support another leg up. 1.618 would be next stop if not rejected at 1.272. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a...
Happy New Year!! This will be the last chart I post to send us off to the new year... Bitcoin has been trading in this range since Dec 4th and it has been nothing but choppy. I wanted to make sure and highlight the top and bottom along with some LTF resistance levels in between so you know when the reversal or continuation downward will happen. IMO, a H4 close...
$crwd trade possibilities when it breaks out of ascending triangle. Wait for confirmation of daily close. Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not...
$SAVE #Southwest Descending wedge, trading under major Weekly horizontal support. Breakout of wedge retest $33 likely. If $40 breaks, W breakout PT would be $62. Breakdown, play to 15.35 then to 7.35.
Nice and clean 3 to 1 R:R set up here after retest of breakout. Rounded bottom and close above horizontal resistance should push to next resistance level shortly with BTC looking bullish. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent....
Ethereum currently in an ascending triangle on LTF. Confirmed breakout would be H4 close above 4140. PT would be 4640 which would be about a 12% move. Also of note, the weekly TF looks bullish as it held support at 3900 key level. All in All, I am liking what I am seeing with Ethereum and BTC for that matter. Wait for...
$eth looks ready for a bounce on the weekly time frame rolling into Christmas. This weekly candle will be very telling. If we get a bounce here, this would be the time to load your bags for a trip to 6k within the next 2 months. Cup and handle PT is 6k. Cut losses if weekly closes below 3900.
$ada looks ready to steal the spotlight soon. Very soon. Break of LTF and HTF trend lines. Been suppressed for too long with a strong following behind this project. Only a matter of time until the pump comes for this OG.
If $Dot can clear $26 then I see an easy 20+% move short after based on a LONG standing diagonal trendline break + horizontal break. This bad boy has been suppressed for too long and looks ready for a push back up. If Bitcoin loses 47k again, this will quickly lose steam. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it...
$ilv looks like it is ready for a breakout of its rounded bottom consolidation. Breaking through horizontal resistance and needs H4 close to confirm. 1st PT $1200 2nd PT $1286 3rd PT $1393