Quick trade Volume is decreasing Bearish divs on 4hr Strong resistance above Each bounce is weaker and weaker
Shorting this second resistance touch on SP500. Reasons: Second touch on resistance Bearish RSI Dropping bullish volume Decent R/R Strategy: R/R = 2.81 or 4.23 Entry: around 3010 Stop: 3054 Target 1: 2888 Target 2: 2819 Please follow and smash the like button to support my work and see even more free TA :) Trade safe friends!
NASDAQ looks very bad right now. Very nice opportunity to short the market. Reasons Second all-time high resistance retest. Stops taken above resistance. Bearish RSI divergence on 1W chart. Beautiful R/R trading opportunity. Strategy R/R: 2.7 or 3.69 Entry: around 98.66 Stop loss: 106.18 Target 1: 78.05 Target 2: 70.79 Markets look pretty bad...
Here is my chart for BTC. We are currently in a range (RH, RM and RL) with support and resistances confirmed by weekly candles. I have taken a short position at 8512 right now. Targeting 8268 and 8168.
Here I explain reasons to enter this long trade and show strategy with targets, stop loss and entry price. Reasons to enter 1. Second retest of support. Very strong rejection. 2. Bullish RSI divergences on 4hr, 2hr, 1hr timeframes. Bears are losing steam. 3. Order book is too thick at 7,400 - 7600. We might not see these prices at all. 4. Selling volume is...
BTC Plan B or Plan C? I am going short if we break 9,390 and retest it (Plan C).
Reason: Bearish SFP Strategy: 1.58 R/R Entry: 10,002 Stop loss: 10,094 Target: 9,840 I am not taking this position but if I had a pistol to my head I would do this :) Just want to relax this weekend without positions. Trade safe everyone!
Entering this quick long on BTC . Reasons: Bullish SFP 1hr Potential bullish SFP 4hr Liquidity hunt Strategy: R/R = 1.81 or 2.46 Entry: around 10,082 Stop: around 9,929 Target: 10,743 Trade safe friends!
Entering this quick long on BTC. Reason: stops are taken strong rejection of 10070 equal lows
Shorting this resistance touch on ETH. Reasons: Bearish RSI 4hr Dropping volume Can't hold support Strategy: R/R = 1.81 or 2.46 Entry: 0.021400 Stop: 0.022385 Target: 0.019666 Trade safe friends!
Bitcoin needs to close above 9,857 on a daily candle to stay bullish. This will confirm Bullish SFP and will represent and will be a simple stop hunt move. If that happens I have Plan A and Plan B. Plan A Wait for a break of 10,750 and long the resistance turned support. Potential R/R ratio = 4.46. Plan B Wait for a retest of 9,800 - 9,900 level to long...
Reasons to short: Second touch on major resistance. Bullish RSI divergence. RSI oversold, needs to cool off. Bullish volume is dropping Decent R/R. Strategy: Risk/Reward Ratio = 3.39 or 5.07 Entry: around 0.021382 Stop loss: 0.021882 Target 1: 0.019641 Target 2: 0.018970 Please keep in mind that this is short term trade while I still keep my long...
Taking a long position on WANBTC. Reasons to enter 1. Support retest on 4hr chart. 2. Bullish RSI on 4hr. 3. Decent R/R. Strategy R/R Ratio = 2.36 or 3.76 Entry: around 0.00002351 Stop loss: 0.00002142 Target 1: 0.00002852 Target 2: 0.00003093 I will take the initial 75% profit at Target 1 and will let the rest 25% run towards Target 2. Also once Target 1...
We are at the "no trading zone" for swing traders. Currently, BTC is floating in the range between support 9,385 and resistance 10,789. There can be two nice setups for trading: Short the retest of broken support. R/R = 4.87 Entry: ~9,385 Stop loss: 9,750 Target: 7,633 Long the retest of broken resistance. R/R = 3.62 Entry: ~10,789 Stop loss: 10,361 Target:...
My previous analysis of BTC.D got confirmed with weekly closure as bearish SFP for Bitcoin against ALTS. Hence here is a chart for you with a very nice opportunity to long ETH against BTC with superb R/R! Reasons to enter: 1. We are at the bottom of a massive falling wedge on Weekly chart. 2. On the Daily chart, there is a possible stop hunt. Liquidity taken by...
Reason to short: Resistance retested and ready to go down. Strategy: Risk/Reward Ratio = 2.13 or 5.72 Entry: around 10,325 Stop loss: 10,490 Target 1: 9,990 Target 2: 9,385 Trade safe!
Here I explain reasons to enter this long trade and show two strategies with targets, stop losses and entry price. Reasons to enter 1. Massive Falling Wedge on the weekly and VET at the bottom of its boundaries. 2. Double bottom on support retest on Daily. 3. Two bullish RSI divergences on Daily. Bears are losing steam. 4. Selling volume is decreasing. 5....
Reasons to long: 1. Strong Resistance turned into Support on Daily. 2. Weekly RSI testing support. Please take a look at my trading idea "Perfect moment to buy ALTS!" where I explain why I think ALTS will have a big bounce in the next weeks. Trade safe!