We have a great spot to watch for price action for trades varying many time frames. We are specifically highlighting the 90 min TF here and some potential thoughts that can drive both the shorter and longer term swings. (disclaimer blah blah- not financial advice, just some thoughts and opinions-always a path to learning and growth- an ADVENTURE! Remember that and...
We can see that we are awaiting the break of the cloud on 4 hour, and RSI/CCI looking great at the lower level of cloud/support. I'm monitoring for a candle close ABOVE= BERAKOUT here.
I will be looking to enter break out trade to first target $120. Depending on your trading style, you could have also bought support line and already grabbed ~5% day trade (better...
MTL loves surfing the waves. We just hit the 100 MA, and I think now is a good time to buy between the range of the giant orange $. It's hard to truly predict a bottom, so buying within a range, averaging as it goes lower, is a great way to play. Stoch RSI is giving a strong symbol of approaching oversold. Targets are marked with the green bitcoins. This coin also...
My initial idea of shorting is still full in play. All signs are pointing that direction. One key piece is holding this together still. The recent uptrend line from 6k being broken. If this fails to hold (as my bets are it will fail), we can drop pretty quickly. Let's see what happens!
not a financial advice. DYOR
Many bearish indicators and resistance on the 4 hour chart. Any sort of upward momentum seems to be weak, and quickly falls back down. Long term still bullish on market, but I believe we see a large dip, that possibly lasts awhile first. Comments on the chart itself. Only opinions, and not financial advise. DYOR.
