Greenou

Greenou Updated 

Just got into this short hedge : Consolidation into resistance + double top on the hourly and on the 4hr + sunday, known for dumping. TP is very safe, right under previous low after break out. Could be played better if you can monitor, i'd watch for reactions to grab a few more pips. Still mostly looking for longs, this is just a quick scalp.

Greenou

Current trend is : CHOP - Bearish in reversal . That means if you want to play safe with the trend , this is a no trade zone. Further analysis: S1 has been broken, showing bull pressure and trend weakening S2 zone remains the bulls objective to confirm a reversal. Until we did not break S2, we cannot confirm a reversal. S3 zone is the target for bears:...

Greenou Updated 

Hi there. I longed yesterday at 7198$. I am playing the long for the following reasons : Potential range in play (7570 -> 7116) Potential descending triangle SFP (7050$). Taking profit at 7395$, where we have confluence between : equity of the range (50%), last resistance zone and top of the triangle.

Greenou

Last short did not proc as BTC dumped sooner than expected, so here is an updated view of the situation. Waiting for the 1 and 2HR Orderblock to be retested to short Bitcoin.

Greenou

How I see BTC behave.

Greenou

How btc will act in the next 20 days

Greenou

Shorting with the trend. We are currently retesting an important 4HR support that I hope has turned resistance. We are trading with the trend, the RR is great, and the overall trade makees sense.

Greenou

My view on the next week for BTC.

Greenou

Same idea as before, we'll be looking into buying a dip.

Greenou Updated 

The closest resistance that hasn't played as a support yet is the 4H level at 8462. XBT is bullish, we go with the trend and will buy the dip if it happens. Considering how PA is since a few days, it might not happen.

Greenou Updated 

After riding from 8065 to 8410, I am now switching short. Waiting for an ideal entry at 8523, otherwise the R/R is simply not good enough.

Greenou

For sure, NEO is having some rough time, riding the bottom of its descending wedge for the past 10 days and hard dropping for the past month. NEO/USDT chart is getting close to his historical support of 43$, expected cross in between 2 to 5 days. I wouldn't be surprised for it to hold, but what we really need to see is a reversal pattern : a hammer candlestick, ...

Greenou Updated 

Dear trading friends, First of all, I am following many coins/charts daily. If you want more TA please like and comment, and that is the best way to say thank you :) The XMR/BTC chart is sending some good bullish vibes. 1. First, MACD is about to have a bullish cross . That did not happen for the past 27 days! And we had more than 14 bars on the bottom side,...

Greenou Updated 

Dear trading friends, Monero chart have formed a double top pattern on the 1H candle chart : * High volume entry 02th March * Double top at 32898 * Pullback at 30317 While the coin has been quite bullish since March 01th, the bullish trendline was broken (at least briefly). I see a shorting opportunity here in case the double top pattern completes. With...

Greenou Updated 

Dear trading friends, OMG/BTC in its current state is bearish , thats a fact. First, MACD just crossed signal line going down, which is a sell signal. It broke the mid-term support line that formed since the begining of february and has been dropping since then. EMA20 is starting to fall towards EMA50, but at the present time it is too soon to use it as a bear...

Greenou Updated 

Dear trading friends, We have currently a few indicators that are pointing towards a bearish market . Indeed, the EMA20 is about to cross the EMA50, and both are above the current trading prices, which is a bearish sign. Even though the triangle breakout was bullish, the market did not move according to our expectations, got hurt by the $140 resistance, and is...