Classic breakout trade here on XZCBTC. Entry .032147 Stop .0267312 Target .075
Solid high volume breakout on VIABTC. Will look to buy at a retest of the level. Huge potential upside.
If we reject the $10,000.00 price range the next significant support lies@~$8380, coming well withing the 78.6% fib retracement zone. Buy @ $8350 Stop @ $7890 Target @$10,000 Quite likely that we will not see this retracement and blow straight through, because Bitcoin.
We might be seeing ETH play catch-up on the ETH/BTC pair with a USD value rally. I already hold a long position, but will add on break and retest of this level. Buy ~$400 Stop TBA Target TBA
Going for a long play here as we broke the last significant resistance @~6950 Long entry - 6985 Stop - 6482 Target - 7917
Good R:R short that I entered yesterday. Reasons for: - Price rejected ~4400 area - Fell back through a significant S&R area which I would have taken as a no-brainer long if price had spent a little more time above it. - Good R:R Overall I am still bullish BTC.
We have a deep retracement forming from yesterdays High hitting an old OB. Looking for a re-entry today around the 1.101 area. Failing that we may see a deeper retracement to the ~1.0975 area.
This was my trade set-up for today. Unfortunately I missed the entry by 4 pips...
Keying off a well set up +OB, with a deep fib retracement. I feel my stop may be a little tight. Let's see.
If we see a swing down to these levels in LO, I believe we will rally to the previous swing high (and beyond). Optimal entry was yesterday on the red line; I'm looking forward to a low risk re-entry today.
With the US Dollar continuing its bullish run I believe we will see the 1.5648 level seen again, only to be rejected and continue lower. As it has done this previously and failed to take out the earlier low this will be a low risk entry, with only .5% risk. If the 1.5557 target is taken out we may see 1.5489 hit.