Cyan line = Possible Supports (Place buy orders on cyan line) Green dotted line = Targets Below Red Zone = Cut Loss
It seems that a lot of authors on tradingview write unnecessarily long paragraphs which if you break down, just say "I think it will go up or down". Which we all know to begin with, it will always go up or down. Too many of the popular authors are afraid to be wrong so they no longer post what they genuinely believe. It is not a failure to be wrong. In trading...
Indicators are looking juicy Support/Resistance lines are looking juicy, keep an eye on it if it closes below the 2nd cyan line, the chart is invalid and you need to cut losses. but I doubt that'll happen
Selling pressure decreasing, resting at a line of support Dont really need to explain this one much more, watch it follow one of my arrows paths. c: just be sure to grab profits because I imagine this falling after
Music just bounced off a longterm support. We can see that it is due for a retest of the downtrend line, we can trade inside the triangle for an easy 100% gain with very low risk. Watch to make sure a candle does not close below the support. Indicators look good as well. This looks exactly like Lunyr a few weeks ago, and i made an easy 50% off that as well. Here...
Bounced off the resistance just a little bit ago,indicators are looking solid, still time to get in and aim for the top of the channel with a stoploss below the channel c:
At a critical point, Indicators look good Im going to continue trading ETH Pairs Lets go!
Lets see if mana can get to 1500
The blue area is what we're watching for, We can watch as the candles reach this area, if a candle closes below the cyan line, we can wait for a reentry and follow the second line, If not it will follow the first C: The last ONT idea I had was one of the few that failed, but you can't win them all. Trading is all about risk/reward, Someone with a 40% accuracy...
Using just support/resistance lines and RSI/MACD for indicators