Very simple setup forming on BTGBTC, currently respecting short term uptrend as it approaching a level of resistance.
As price continues to rise here, we can see Volume decreasing along the way. I will be waiting for a break up or down out of the squeeze point near resistance.
For the short option, I will be watching for changes in market structure as we...
XMRBTC 4hr Binance - consolidation breakout setup
- Monero recently broke out of its downtrend and market structure has changed it is now in an uptrend.
- At the moment price is ranging between the 4hr support and resistance as it approaches the current trend.
I will be looking for the breakout either way, a move up and out above 0.008127 targeting 0.008680
or...
Bitcoin - 4hr - BitMex(XBTUSD)
BTC has been creating Higher-lows and respecting the short term uptrend, since Mach 16.
Resistance was found at $7k tested multiple times and was rejected until today, when price was squeezed and is starting to creep above $7k.
BTC has had a 4hr close above $7k which is the first step towards a breakout to the upside.
I will be...
QLCBTC 4hr Binance
Looking for the break in current downtrend to go long.
Depending on where price breaks trend will determine my entry. If its breaks low near support I'll be looking to enter on the break.
Otherwise I'll be watching for a break and retest of 0.00000146 to enter on the retest.
Final target 0.00000175. To mitigate risk on this trade I will be...
QLC Chain QLC/BTC Daily Binance Analysis
QLC Ranging between 120-235 satts respecting both levels.
Looking for a swing from the bottom of the current channel, to the top when the short term down trend is broken.
Because QLC is such a low satt coin, position size would be very small and only 0.5% Risk on this position, if a trade presents itself.
Looking for an...
Ethereum Classic / BTC 240 Binance
ETC testing the bottom of the current range, while respecting the short term down trend.
As price gets squeezed here I will be watching for a potential long opportunity if we break trend and create a higher low on the retest.
(If price breaks to the down side there will be no trade)
Will be watching for 2 things on the break,...
