Bitcoin in a buy zone. Good support over here and still in an uptrend. Nice long possibility!
Bitcoin is bearish in the eyes of many. Mid term also in mine.. But for now BTC look ready for a bounce to the top of this mid weekly range we're in. - Resistance flipping to support - Important weekly level - Renko showing bullish momentum is building
Nice car Tesla, now it's time to sell the news :) - HTF bear div - Confluence with the range
Oof, I will just be honest here, chances like this you won't find often. Longing this like there is no tomorrow. - Kumo break with some cooldown - Clear bull div on the renko chart (pretty big brick size) - 3 bricks printed = my confirmation to go in this case. - OBV seems to have bottomed out nicely. Target: 20% longerterm.
ICAGruppen seems to be ready for a downmove. - Blow off top in a long lasting uptrend. - Divergence on the blow off top, it wants to play out. - To be safer, I'm working with a stop sell order. - Daily pinching OBV.
Trading the system I'm developing at the moment, this is an easy long. Bull div on renko 1-1.5% blocks Confirmation on the 1H kumo break. We work with momentum here. Stop buy above first kumo closing candle. Few ways to play this: - Take profit @ 2% gain - Move SL to entry after a 2% gain and ride it out - Put SL below first kumo closing candle and wait it out
Large caps are starting to look very attractive on the mid to higher timeframes. - Big divergence formed and now wants to be confirmed - Got a nice kumo breakout on the 6H that could be the start of a nice uptrend. - OBV in a super tight channel on the daily. - Sentiment is slowly shifting to 'hope', the next part in the market cycle... A market entry here is...
Renko bear div. 1H entry on this kumo break confirmation (stop sell below wick of candle closing below kumo) Strategy: Move Stoploss to entry after 2% move, from there trail it down.
Now is the time to take longterm higher-timeframe positions as an investment, not as a focused trade. This is just one of the MANY examples that you can find in the cryptocurrency market right now. - Bitcoin Dominance on the verge of taking a deep dive. - Altcap/BTC just broke out on the daily, uptrend is here and now. Other primed alts: STRAT, ICX, RVN, NANO...
Renko showing us some nice price action around the kumo, and giving us an opportunity to long on the swing break. - We've got a Kumo breakout - And and OBV that looks like it has bottomed out. You could trade this 2 ways: - A stopbuy order above the wick on the left Heikin ashi chart. - A market long once a renko brick prints above the last local swing...
This is a laid back trade. Took the daily signal here above the green candle wick (stop buy). Nothing new here: - Big divergence on the daily. - On the 6H we have a clean kumo break. - OBV looks to have bottomed and still pinching on the Daily. This will be a great move and most likely just the beginning of a whole new market cycle for Altcoins. Let's bring in...
Nice mometum buildup on this daily that wants to play out. - OBV bottom marked, still in a squeeze like most bigcaps. - 6H kumo breakout. - Conservative target (we all know how crazy crypto can go). This, together with alllllllllot of big cap alts all look the same. The bitcoin dominance and Altcap/BTC charts are looking so juicy, that you can basically position...
BTC bias currently bearish: - 5 waves up done - Price below daily kumo - Descending triangle pattern - Ready to complete this ABC to 61.8 fib
In addition to my original idea: BTC price action shows me the downmove is not far away. Here I have marked the level for the stop sell order that I have placed that will bring me richess all the way down. May the crypto god bless you.
Just like all the other big caps and blue chips, Litecoin is showing a shift in momentum. - Big divergence on higher timeframes. - Super tight daily OBV channel. - 6H kumo breakout + some healthy retracement. - Conservative target on the chart. Litecoin looks ready for a pump. Also take a look at one of my older charts on the Bitcoin dominance The idea is...
Looking at the Ripple chart from a higher timeframe makes me think a big move is incomming for XRP: - Big squeeze on the OBV during sideways action. - Big bullish divergence ready to play out. Me personally am not trading this (yet). I would like to see Ripple get above the daily cloud, so I can jump in on the new trend. However, this could be good news for all...
Not a super convincing setup, but definitely worth the trade! Remember, I only trade with 1% risk of total capital and you should too. - On the daily we see price below the kumo cloud + a failed swing pattern for HEINY. - Uptrend line of this little move up broke. - I'm looking for a close below the kijun here > Renko shows me this is the case. - Although we will...
Breakout trade: - Stopsell order below last swing low for confirmation of a continuation move to bottom of the daily range. TP is set in my order so I don't have to manage it. - If the order doesn't hit, we have 0% risk > this way of trading is very profitable in alot of setups, especially in trending markets.