Monthly, Weekly, Daily S/R plotted. Currently in Uptrend on the 4HR.
Looking to enter short on SXP after we get a reversal on the 15 minute or 30 minute. If BTC pulls back. That will be our golden opportunity to short this. Also, One is breaking out and geared to go crazy. Look to enter long if the tip trendline holds.
Rising channel, we’re at larger time frame resistance. This rising channel should break down but if we break upwards from this channel, we will need large momentum and liquidity to continue up. Trade the trend.
FORTH/USDT 4hr Binance Looking for entry around $14-$17 zone. Tight stop loss $13-$13.50. This is listed on Coinbase as well as Binance but I figured it belonged in the shitcoins thread because there’s hardly any price history. This could very well take off without coming into buy zone but we’ll be looking for a bullish reaction either way. Could get an...
Long entry is marked. If price triggers stop loss, the trend will most likely flip bearish
Looks like we should catch support here, we can possibly dip lower but we are at the bottom of a falling wedge.