Nick1upTrading

Nick1upTrading

Typically resolves to the upside and we are seeing some bullish divergence as well as being on a major support, so lots of confluence in this area so keep an eye on this formation, wait for confirmation and a retest! Happy Trading! -Nick

Nick1upTrading

So far its looking like a the bulls may be stepping up, confirmed up trend on the 4hr and we have put in a higher high on the daily as well as closing yesterday above the daily 21ema. Looking for a rejection in my lower blue box and then we will be off to the races! The only thing that is keeping me from being very confident in this setup it the USD sell off on...

Nick1upTrading

Confirmed break and retest of this triangle on the 4 HR, lower blue box is the final target/measured move. -Nick

Nick1upTrading

Well, as of right now its not looking very good for the moon boys (opinion). But on to the technicals, a close in this area and if price starts rejecting the blue box will look like the bears are starting to regain control. First targets would be in the low 10k range

Nick1upTrading Updated 

Well if you saw my last anaylasis on Link you know that it blew straight past my are of interest, but we seemed to have found a base with lots of buying pressure beween the 14-14.60 range. Now lets see if this next 4 HR can close inside of the channel and get some follow through. You don't need to predict the price or which way its going to move, just let...

Nick1upTrading

Pretty cut and dry, trade accordingly and manage your risk! -Nick

Nick1upTrading Updated 

as long as Chainlink is above the lower blue box Link is looking bullish, target is the previous high and potentially higher. This is a very easy are to manage risk. Happy Trading! -Nick

Nick1upTrading

With a break and retest of this resistance area im looking for a rejection and continuation to the previous swing lows from June. Wait for confirmation and manage your risk! -Nick

Nick1upTrading

currently retesting the wedge with heavy sell pressure, so be careful here and wait for confirmation before making a decision! -Nick

Nick1upTrading Updated 

....At least short term, waiting on this next 4 hr close for confirmation and if we close below the upper blue box we will likely at least re swipe the lows and potentially go lower. Manage your risk and don't get wrecked, repeat after me Position size, Position size, Position size, Position size, Position size, Position size, Position size, Position size,...

Nick1upTrading

On the daily chart you can see a clear break above an obvious level and currently retesting this zone. So far its looking like we are finding support here, but no confirmation as of now. -Happy Trading -Nick

Nick1upTrading

Lower higher, Lower low, break and retest. Very simple setup thats pretty cut and dry. Wait for confirmation on price action and manage your risk properly. as always, happy trading! -Nick

Nick1upTrading

Lower high and lower low on the 4HR timeframes seems that the trend may be changing, as well as a lower high and (waiting on confirmation of a lower low) on the daily. I will be waiting for a clean break of my upper blue box and a retest before considering an entry.

Nick1upTrading

Overall still in an uptrend, retesting a previous resistance as of now. Lets see if the bulls can stay in control right here. -Nick

Nick1upTrading

We are consolidating as of right now, a close below the lower blue box will likely retest 10,000-10,500 range. As long as we don't close below the 10,000 area my bias is still bullish. A close below the upper blue box should send us up into the 13,000 range and potentially higher. -Nick

Nick1upTrading Updated 

Confirmed Bearish Divergence on the 4HR time frame, I would really love to see the 2nd take profit area tested as it was a strong resistance on the way up and has yet to been tested as support. The first resistance zone will tell you a lot based on how price reacts so pay attention if we get back to that area. Happy Trading -Nick

Nick1upTrading

We are back to our resistance area and what I would say is the make or break point, a confirmation above this area will likely give us a free ride to the 11,500 area. Watch this area closely! -Nick

Nick1upTrading Updated 

We have broken down from a rising wedge formation and so far have tested it as resistance. This is looking very bearish and I have the previous major swing low as my first take profit and it could potentially go lower. -Nick