Someone in chat suggested this was a Diamond pattern. More specifically Diamond patterns tend to be Top or Bottom "Stoppers" ... meaning this is where the big turn in the opposite direction happens. Could drop as much as the 1.618 line, in the high 70's. However I think it is just a deep pullback, and some sideways movement, and PA will slowly make it's way to a...
Forget the past and move on to another Fresh Look. Because of the Higher TF's (like the 3-Day) and especially the Daily, urgent for a reset within their indicator levels. We find PA reacting to this as a massive downtrend. PA has to do this, and as a result, traders can confidently enter into new LONG positions. I have identified TWO trading channels that are...
SOL is considered a Major now. Indicators are looking mighty exhausted and overbought now. I think money from the majors will slide into alts for a ride then slide back into the majors. PA could do one last spike upwards before the grand slide downwards. All this "Trump Crypto CZAR" epic political ruckus, could perhaps hold the Majors with HIGH strung out...
I am Long currently, waiting for PA to go the direction I want. BULLISH. I made this 1-hour incase I start erasing the chart and start a new layout for PA. I am sharing this disaster chart, for our insights and also a record for myself of what I historically was thinking. I have a sneaky feeling, PA is looking for a reason to dip yet one more time. However...
Long term BTC is still in a overall Bullish trend. PA gets to a point where absorption of higher prices becomes exhausted, and a waiting period then begins before the next upward pulses. Channel Lines, Wedge Lines, Graphics and anything else on any chart are just temporary Historic lines and will become broke at some point in time. We see the Goal of "143k -...
Here we all are stuck in the range. I usually call this the "Chop Chop Zone" Possible for a long position at the bottom. Channel trading will produce the unknown. Meaning.. long fast wicking and reversal ..and.. eventually a breakout (up or down). The breakout is subjected to the traders interpretation of the trend or maxing out of the trend. It is either a...
I had an order waiting. Another one further down also. I need to reanalyze all this. See what happens. Under 1 dollar for FET is a good value I believe. If it dips, then I have an adjusted cost average entry. Volatility is very high with FET.. Just look at the last time I sold some bags... its 65% higher than now. There's nothing wrong with buying on the way...
Beginning a new trade. I had the order sitting and waiting. I was sleeping when it took hodl. Cleaned up the chart from the previous trade. I am expecting another bearish pennant to form. I am hopium that it goes 1-2-3-4-5 format. I am hopium that PA continues upwards and cancels out the possibility of a bearish pennant. I am hopium that PA breaks resistance...
I like trading with HBAR. It still has good volatility. Placed an order before I went out on the town last night. Now I am in the trade. Considering to do a scalp trade(s). It's a tiny 521 dollar order. Since my volume this month is higher my fees total (for entering and exiting) are "under 1%" .. I will start scalping with this in mind. COT = 1% now (cost of...
Sold the bags here. Moving on for the next entry. PA has already moved down considerably. 5.600 % lower than where I sold. I keep watching the price scooting downwards as I write this Publish Idea. I do initially think the PA will eventually move down to the region where the lower green arch is placed. The first arch is an area where a bounce is probable. Nothing...
Here's the problem. We have the larger TF indicator swings going in opposite directions. The 4-hour is Strongly down trending and the Daily is positive and up trending. The 1-hour has bottomed out and is attempting to push PA for a sideways action. I have a "Green-Channel" - "Bearish Pennant" I have an "Orange-Channel" - "Up Trend" I have a "Blue-Channel" - "Down...
I know almost impossible to predict PA. Honestly this is sorta the PA I am expecting to happen. So.. I am thinking.. #1 pretty much a dip from here. #2 then a stronger upsurge. #3 then back down to a new Lower Low. I also Published that Daily LINK chart, which annoys me, because it takes way too long to see the next bar. That's why I made this one. Currently I...
Now that the trade is active, I will be watching specific patterns to identify whether to stay in the trade, or exit. I have place bold Violet color lines for trajectory PA that is going in a favorable direction to stay in the trade. There are all the different Fib lines color coded to identify specific areas of support and resistances. One problem is the Daily...
Yeah, so I think I will throw in ... 10 Bens on this ($1,000.oo). when? When the price goes lower. $18 area looks like a solid support and turning point. $20.20 area looks like a quadruple bottom? Is that the lower floor? Not so sure.. that's why I like $18 line. Now $14 area is sketchy, Yikes!!! Will watch the indicators falling, maybe $16 is the catch-all...
Exceptional entry. I have been watching the indicators, and have been wanting to get into HBAR. I had happen to be physically looking around for something to jump into.. This trade has already past my 2% Cost of Trade, hopefully it stays that way. It is possible that this is a shorter term scalping trade. Keeping a tight eye on the indicators.
Have the left-over money to re-invest into FET. around $650 Where to enter. Yeah that's a tough situation. "Yeah I'm gonna catch the bottom" It's possible if your sitting on your computer all day long, not probable. I like to place an order incase I am not at home. #1...I am comfortable stating that FET will go up and create new highs one day, most likely next...
I figured this one out a day or two ago. Placed an order in for the long position. I am now active in the trade. Even if it goes lower I will just stay in the trade. I see ALGO going upwards for another run. Yeah so... risky as it may seem, I guessed purely on historical support area and 50% drop from recent ATH. I am going with the trade, "Buy the dip"...
I was and wasn't bummed I sold my initial entry too early. However I shouldn't complain to much making 60% profit on that in less than a month. I decided to play with some house-monies and found a re-entry position to squeeze another scalp trade. I do like the coin and almost wish I would just hodl some large bags worth. This project will probably be one of the...