SHIB to the moon. Jumping in early before a confirmation (not recommended) but with $BTC closing strong and should continue up, I like the R:R here. Still keeping a 5% SL but with 40% upside. LEGO. —————————————————————————————— 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...
$cro looks nice here. R:R is great at a 5% stop vs 20-26% reward depending on how you want to play it. Just retested LTF break of diagonal trend line . I feel like I owed a bullish post for all of the shade I threw at CRO on its run up :) And for those that said we would never see .50 again...well, I hope you survived the fly by down to .36 hehe Dont fall in...
Daily close above 545 would be a good HTF horizontal break to enter on with obvious SL below Red box that should then act as support. There could be Diagonal resistance at 560 but still think the horizontal break is best entry for high R:R potential of about 20%. Could hold this longer if ATH breaks for a lot more upside potential. Wait for...
$mana #Decentraland H4 break out of bowl rounded pattern and it will have a strong pull to 3.8. I like to see these rounded bottoms slowly form because the base for support is obvious and entry/exits are easy to identify.
Bitcoin is currently at the Daily 200 MA and Weekly 50 MA, held down below EMA 200 on Daily. If you look at the previous pattern Bitcoin broke down from, you can see similarities with the pattern/fractal being formed now. This descending broadening channel (could call it a bear flag) looks to be close to another break down. Bull Case: 200 MA and Weekly 50 MA...
$enj got the breakout of downtrend on LTF. Green box has been accumulation zone. If $btc hold steady and continues up I expect and push to $3-3.15 within the next week or two. #enjusdt —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$...
Luna looking really close to breakout of broadening wedge. PT listed. Wait for confirmed close on H4 before playing the breakout. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups...
$mana #Decentraland Looks like $sand. Retest in progress and close above 4.1 would signal move to the upside with 49% to ATH potential. Possible path based on fib levels listed. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you...
I want to point out some observations from the Weekly chart. What happened: Nov 15th we closed below the weekly ATH. This was the first signs of weakness and potential for significant pullback. Where we are now: We just closed the weekly below Diagonal and Horizontal Trend Line support and currently retesting this week. As of the time of this post, it acting...
Link close above green line and I will be long. H4 looks good on RSI breakout and OBV getting closer to breakout also. 10-20% move potential on this trade.
Horizontals > Diagonals, but good to use together to help support your thesis of a trend reversal. Diagonal and horizontal S/R break is strong but if only using one, use Horizontals. See this chart as an example as to why Diagonal breaks can fail you... If you bought the breakout at the close above diagonal, where do you put your stop? below the trend line?...
$BTC at snagging at resistance. There should be a stronger resistance at 53700 where 20 MA and LTF horizontal resistance meet. Also it was previous Head of inverse HnS. Could see a throwback to LTF breakout point around 49800.
$btc #bitcoin on LTF, broadening wedge. Lose 50900 and we could head towards 49600 area with BW price target at 50300. Breakout PT would be 52700. LTF setups are choppy and often times unreliable, but sometimes if used at HTF S/R areas, they give good entries towards the breakout of HTF patterns/trends. Bitcoin is currently at resistance and stalling. Bias would...
SAND looking to retest the descending wedge top and bounce back up to top of wedge. Would like to see a 5.73 to signal the start of the move up. Target potential to the top is 43%. First resistance should be at 6.02 which would be a 9% move from here. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be...
$meta #meta $fb looks like it could be forming a bull flag. This weekly close should be telling. Currently looking at a throwback to previous ATH... bounce here would be bullish and would feel good about breakout to PT.
H1 close above 49500 bullish for retest of 53k. H4 close (this hour would be it) above and high confidence we reach underside tag of 53k level. Keep an eye on OBV channel for signs of which way we are going. H4 already showed breakout coming. Getting closer to a break out. Notice RSI already broke above horizontal level of resistance (still needs to close this...
$matic #polygon H4 wanting to form a double bottom at the golden pocket with OBV about to break out of consolidation. Support at the 200 EMA and 100 MA also. As long as Bitcoin doesnt dump hard again, we should see a nice 10-15% move here for Matic. Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same...
RSI Bullish divergence and close to a breakout of wedge in RSI. Watching for OBV to break out also and looking at a descending wedge on the chart. This has nice potential in the short term if BTC holds up. Target would be $204