read chart for detailed information. cup n handle daily long
if BTC continues up it will drag ALTS with it. be careful of false breakouts. we are trading against the elite, a school of sharks out to trick you out your money. practice risk management. trade safe
we recognize were in a bear trend. ETH looks to have formed a head and shoulders on the 4hr time frame. indicators need to reset so be careful if you open a position if it breaks the neckline.
Rising wedge which tend to break to the downside 68% chance of the time
sand is the metaverse driver. if btc cooperates we can expect a nice upside rally out of sand. Keep sandusdt on your watch list. ALWAYS USE STOPLOSS........
look to long if price action reaches the lower trendline. short if price action reaches the top trendline. always look for a divergence, its the closet thing we get to a crystal ball while trading. ALAWAYS USE STOP LOSS....
What we have here is a symmetrical triangle. we maybe super lucky and have 2 long opportunities. The first long would be when price drops to the lower trendline of the pattern. long there if price makes it with minimum risk. ALWAYS USE STOP LOSS. the second entry would be the breakout of the pattern. but we buy (BCR) BREAKOUT,CLOSE,RE TEST. WE BUY THE RETEST OF...
what we have here is a winning trade. i planned on buying at the lower trendline. I did not open the trade based on what bitcoin. we all know btc is the driver of the show. when btc dips 3% altcoins dip15%. so yes i had fear of losing money, a trait that needs to be eradicated when putting on a trade. kill all fear doubt and uncertainty. Moving along... now...
Celr 4hr. Buy the break of resistance. Wait for candle body close with volume.