DOT TRADE SETUP SYMMETRICAL TRIANGLE 4H CANDLE OPEN & CLOSE BELOW /ABOVE STL/RTL will CONFIRM a BREAKOUT. Wait for RETEST OF RTL/STL after breakout to take entry. Entry upon retest. Use proper risk management. Take entry in parts. NFA. DYOR . TAYOR. #dot #cryptocurrency #daytrading
Keep an eye on this XRP possible classic BUMP & RUN PATTERN! What is Bump and Run Reversal Pattern?! Phase 1: Lead-in Trendline The first section of the bump and run reversal is known as the “lead-in” trendline and often forms the handle part of the frying pan shape. This part starts at the beginning of the pattern and it precedes the bump phase. It has the...
ETH PROBABLE PRICE ACTION. 1819$ is the KEY LEVEL TO WATCH. Daily Candle/4H candle OPEN & CLOSE above it can take price upto 2022 level. Failing to do so , 1200$ is IN-EVITABLE !
I WILL NOT CHANGE THIS CHART. See you on MARCH 24 with the chart. That is after the day of FOMC MEETING on March 23. As a DAY TRADER you will ALWAYS have to adjust and expand/compress your TRENDLINES to get an ACCURATE TREND LINE. A little ADJUSTMENT to my previous BTC CHART. Even though BTC broke down from previous post's RISING WEDGE and still trading below it,...
BNX Chart Update. The 2H CUP&HANDLE got INVALIDATED. Cause the HANDLE did not form. Now I'm looking at BNX with these 2 possible scenarios. 1 DESCENDING TRIANGLE ( yellow color ) and a SYMMETRICAL TRIANGLE ( white color ). Notice that, when meeting the 4H CUP & HANDLE target , BNX formed a RISING WEDGE , which has a IDEAL BREAKOUT TARGET at the bottom of the...
BNX Cup&Handle SAGA We saw & nailed 15M timeframe. We saw & nailed 1H timeframe. Now I see another CUP&HANDLE on 4H tf. Can we nail it? NON FINANCIAL ADVISE. TRADE AT YOUR OWN RISK. DO YOUR OWN RESEARCH.
KLAY POSSIBLE TRADE SETUP Risk to Reward: 6% vs 22% ( Maybe 67% , with even 10x leverage that is around 670% ) Today I will show you guys a PATTERN INSIDE A PATTERN INSIDE A PATTERN. Maybe even 1 MORE PATTERN INSIDE those. I'm PRETTY SURE & HOPEFUL you will LEARN & EARN something from this post. This is gonna be a big post, so bear with me. The 3 patterns are...
ALGORAND POSSIBLE TRADE SETUP Algo has been forming a BEAR FLAG. It broke out recently and now making a RISING WEDGE on the way to retesting the STL turned into RTL. Both the pattern is BEARISH. Ideal breakout targets are given in the chart. SL: 0.2308 or little bit over depending on your risk appetite. Non Financial advise. Trade at your own risk. Do your own...
BTC 4H Possible Trade setup BEAR FLAG Need 4H candle body OPEN & CLOSE below the STL for confirmation. Entry upon retest of STL turned into RTL. Use proper position sizing. Non Financial advise. Trade at your own risk. Do your own research.
Okay. This is gonna be a big & nerdy post. Bear with me. I believe a BIG MOVE is coming. I will discuss mainly 2 things in this post. BEAR FLAGS & ORDER BLOCK ! So, I call this the BBC ! BIG BAD CHART! We've been following this MASSIVE FALLING WEDGE since last year. Watch closely to the chart , whenever we got rejected from the BLUE RESISTANCE TREND LINE , we...
FTM High Risk Possible Trade Setup. Possible CUP & HANDLE pattern forming. The recent pump was with good volume. RSI & MACD has space to come down ( to make the handle ) and bounce back. Safest Long entry is IN CONFLUENCE with 200EMA on 4H timeframe. Also the IDEAL BREAKOUT TARGET is around the 200EMA of 1D timeframe. The STOP LOSS is kind of big cause of those...
ETC has been following this FALLING WEDGE for quite a while. The IDEAL BREAKOUT TARGET for a FALLING WEDGE is the BASE of the WEDGE. But everything follows the KING ( btc ). I don't think we have seen the BOTTOM yet. Thus , I don't think this falling wedge will reach it's IDEAL BREAKOUT TARGET. But the 2 marked area can be good QUICK long trades. PLEASE MAKE...
BTC 4h Possible QUICK LONG Take proper entry & maintain proper position sizing NFA. DYOR. TAYOR.
BTC 1W Chart. I"ve been watching this descending triangle for last 3-4months.. I drew the chart with the possible path of price action back then. There are couple things that can indicate this chart will play out. 1. Price going up + volume going down = bearish ( From september to october end ) (More on that comment section.) 2. Price giving Lower Highs ( 5th...
BTC SYMMETRICAL TRIANGLE A bearish symmetrical triangle is bearish continuation chart pattern. The pattern is formed by two converging trend lines that are symmetrical in relation to the horizontal line. The first line is a bearish trend line creating the resistance, also called the "resistance line of the bearish symmetrical triangle". The second line is a...
Breaking out , we might see movement like the GREEN PATH. Breaking down , we might see movement like the RED PATH.
If BTC breaks the WHITE DIAGONAL RTL , we should see some pump as shown in the possible path(marked in green ) . Otherwise , we will see further drops as shown in the possible path ( marked in red ). NFA. TAYOR.
SOLANA has been following BTC last few days very closely. The STOP LOSS is just above the candle wick of the previous resistance zone. Risk to Reward RATIO 9.99. NON FINANCIAL ADVISE TRADE AT YOUR OWN RISK DO YOUR OWN RESEARCH