Yeah looks pretty apparent ATH's are coming SOON. Enjoy the ride, buy the dips over the next few weeks, get rich
Keeping it simple again. 3 drives to the upwards accompanied by 3 lower highs on the RSI on the 1, 2, 3, and 4 hour charts. If we make a 4th high push with another lower high on the RSI, I would accept the loss and open another position. SL at highs from May 2021. If we break that it could mean full bull action. TP1&2 at previous levels of support, other...
Nice bullish divergence on this time frame Areas are given for support and resistance correlating to my SL and TP zones Might blow through my SL then reach target, very volatile this past week.
Feels smart to enter a position here Also, would enter another short if we touch that TL again. I believe that would be the final exhaust push if RSI makes another lower high TP's are noted. Might pull all out at TP1 depending how market looks
Told my mama I'd never trade this again, but I lied. I like the classic break formation and retest the TL. Might TP early, but for now riding until TP1 then reevaluate if possible to hit TP2
Could be an ez scalp, SL right below HTF major TL support. TP's at LTF resistance. glhf
I hope I'm proven wrong It usually takes a few humps for the crowd to realize we are in a bear market. If this comes through and we break sub 38k I see the bears in control for the foreseeable future. We may have little pumps over the next year after our next correction or two, but the bears will come for that @ss Target at -0.27 fib ext. while also coincides...
Good setup- Break and retest of TL with a bullish convergence between RSI and chart recently. SL below the monthly S/R, if hit would invalidate the retest breakout to the upside. Good R:R, TP1 at local high and TP2 at historical area of interest. Might let TP2 run if chart looks healthy
Short term bearish opinion. 21EMA looks comprisable ? Could open a trade now, and have a sell limit around 34.4k. With it, a larger R:R and tighter SL than the original. TP3 could be in play if TP 1 and 2 are hit and chart looks poopy at the time. I believe monthly demand zone will be hit eventually
Could be a fast SL hit here, but I'll take the trade. TP1 and TP2 based off the previous zones TP3 would most likely only get hit if crypto as a whole is headed deeper in the red. SL set just above previous high spike.
Been a while since posting a trade. Let's see if it's this ez Blue zone could be a pivot point for downward continuation if respected
Which bottom TL is the correct one? Will the whales pump it or dump it? Will Satoshi ever be found? Find out on next week's episode of: Getting Rekt Either Way!
Let's punt a little long on the S&P 6:1 RR so why not xD
EZ divergence, pretty big one too. I know it's on the 15 min, but this is too big to ignore
This strategy tends to work better on a macro (4h-D) downtrend, which we are currently in Looking for this the TL to break just like the previous two had before it. Don't get eager and enter right after a break, could be a fake out and bounce on TL. Wait for a clear candle or two to confirm break of TL, then enter on the retest. Can be a pretty tight SL just...
Not sure if B&R patterns can be used with crypto, but going too see if we can validate it xD
First post in a while, been getting lazy. Sorry Don't expect this to come through. Looks almost too ez