Did anyone manage to catch this beauty from the 618 level of the recent pullback? lovely trade if you did! Currently locked out of my Binance and Kucoin due to losing my 2FA sim card somewhere in Thailand. Idiot. Will be getting back onit shortly once we move to the Melbourne suburbs for some time out of the city. Nearly finished Trade Your Way to Financial...
Will we retest the outside of the triangle and push up for a long? or are we currently just rejecting from the 44k~ support? Im preparing for a move either way. Cant see any obvious clues in the RSI at the moment!
Nice and simple breakout of triangle using Vema trader, I used the crossing strat (of horizontal line) paired with an on candle close order, meaning it entered me on the 4Hr when the candle closed below this level. Shorted this down to a previous price level. Simple but works! Excuse my stop loss, it was more of a guess than anything as I had to predict where...
Feel like were at a decision point with BTC, will it bounce upwards? Theres been a higher low and possible change of market structure. Im unsure, what are your predictions?
Change of market structure the market has hit a big weekly trend line and reversed, looks like BTC is still in its downtrend. Personally I am shorting and would not be buying any sort of crypto until price goes above the light blue line!
Been Staking ATOM since march, Bullish AF still, but it could always follow what BTC is currently doing, it looks very similar to what BTC did on its 2nd pump. Hopfully not, and we will find new all time highs if Bitcoin rallies for the next few days!
An explanation of the short trade that I'm currently in. A descending triangle on BTC after the recent dip. See chart for info!
Updating my Theta Trade, I'm currently watching these two channels, and waiting until price breaks the horizontal resistance and retests to get a nice entry near the bottom of the channel for a long position.
Matic is getting ready to break out of a triangle, which could push to new ATH and lift off! Waiting for confirmation of break before entry, so my entry could be slightly higher than shown.
Long/Short idea for atomusdt. A bullish retest on previous resistance (new support) would make me go long. If atom breaks the rising channel I will be prepared to short back down to previous structure.