HEY TRADERS, Trade Idea..... we could potentially see this ascending channel happening. 3rd touch about to happen and a potentially move to the upside to a SELL area... DISCLAIMER I should not be held responsible for any losses that may incur. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading. You...
Hey Traders, Just a quick update on overall BItcoin Trade Idea. Bitcoin failed to reach the retest area at this stage, we will need to have a HIgher High for this to be Super Bullish... (orange line) is potentially a prediction of a Descending Channel. Im not a financial Adviser this is my own personal opinion of where market could go. Thanks
Hey Traders, Bitcoin is in this Large rising Wedge. 68% chance it broke to the downside. It clears the $58k support abd goes straight to $51k area. Alot of time on this bullish market it breaks higher and it didn't continue to rise above $64k, instead it pullback 21% The measured move of this Downside is potentially down to $43.700 Whats really common after...
Hey Traders, Atom has Broken the ALL TIME HIGH. we had 3 Entry options Waiting for a Retest is a good entry Area. However with Crypto has Proven Alot that Buying the Breakout is a good strategy for the past couple months. Only Trade if what you can Afford to lose. Move your Stop Loss to Entry after a considerate profit area. Risk Management is Key.
Hello Traders, Price broke out of a 4hour ascending trend line that is lined up with a structure level, Price has the potential to retest the broken zone and move lower, Wait for a RETEST (Price Closes Above the previous level of Support) Once Price Confirms Support as New Resistance (Ceiling). Enter the Trade. Good Luck to you all, If you liked this idea,...
Bitcoin has smashed the Resistance area again, as market repeats itself I can see bitcoin Chasing the 1.618 Fib Extension area around $77k BTC needs to Break that Trendline on the way down to become on a downtrend move. Bitcoin is also Supply and Demand currency and i could potentially dont come back to the lower area for years to come. thank you
Hello Traders, Price reversed from a daily support level and it has the potential to move higher towards the descending trend line, Wait for a break of Resistance (Ceiling) Wait for a RETEST (Price Closes Above the previous level of Resistance) Once Price Confirms Resistance as New Support(Floor). Enter the Trade. If Price fail to reach above resistance...
Hey Traders, GBPJPY - Weekly chart: Price is testing a weekly resistance zone that is lined up with the top of an ascending channel, . Price has the potential to move lower towards the ascending trend line, . We will be waiting for a reversal sign and a sell setup on a lower timeframe...
Hi Traders, BTC completing the Elliot Impulse Wave 12345. will be soon entering the Correction ABC. We are expecting the end of Elliot move 5 to be around $51, however could extend and reach $54k based on Fib Ret. we should see a Head & Shoulders Pattern coming up. Comment below your opinions Awesome week ahead. always use correct risk management. Thank you
Price is moving within a flat channel and it's testing a support zone, Price has the potential to either move towards the resistance zone or break the support zone and move lower, We still need to look for a 1hour confirmation in order to identify the next potential move, will post an update soon... Good luck to you all. If you liked this idea, please like,...
Hello Traders!! Wait for a break of Resistance (Ceiling) Wait for a RETEST (Price Closes Above the previous level of Resistance) Once Price Confirms Resistance as New Support(Floor). Enter the Trade. If Price fail to reach above resistance zone, we have a continuation of a downtrend and only sell order will be place. Good luck to you all. If you liked...
Hello Traders!! We have a Descending Channel. Price is heading towards the 61.8 FiB zone, Continuation of a Downtrend. we will be looking to go Long when gets closer to the 71% Fib retracement area. Good luck to you all. If you liked this idea, please like, subscribe and comment. 2% Risk Management. This idea does not provide any financial advice.
Hello Traders!! Overall we have the begin of an uptrend. Price is heading towards a resistance level and it's moving within a flat channel, Wait for a break of Resistance (Ceiling) Wait for a RETEST (Price Closes Above the previous level of Resistance) Once Price Confirms Resistance as New Support(Floor). Enter the Trade. Continuation of a Uptrend. Good...
Hello dear subscribers!! The price of the American dollar rose sharply in just 2 months. has formed a Descending Channel, we will be looking for a Short position close to the resistance area. Good luck to you all. If you liked this idea, please like, subscribe and comment. This idea does not provide any financial advice.
Price has broken the channel and Retest the broken area. Will move closer to the Support zone.
Hello Traders!! Price is testing the bottom of a 2hour structure and it's showing Divergence on the MACD, Price has the potential to reverse higher towards the resistance area. We will be waiting for a break out of the descending trend line and will look for a 1hour bullish correction to confirm the upside move... Good luck to you all. If you liked this...