LTC Litecoin super tight triangle consolidation at demand zone. Since anything can happen in this market (and I'm a bull at heart) but the trend is your friend and the key to trading is preparation, discipline, and having a system; this keeps me objective and helps me manage risk. Today price action didn't push lower but looks like a nice "inside day" is in the...
Great additional 20% push up stopping us at .45
Constructive pullback is due.
This is the level to hold, retest, and where price action consolidates for more continuation. Beaty of a Swing! 👏🏼
Doge looking ready to go! Breaking this descending trendline in this triangle consolidation. Great respect of the support. Stop Loss under, and trial/scale as it confirms.
- Clean descending trendline breakout on increased volume! PEG Candle formed on shorter time frames due to great earnings beat.
- At POC Volume shelf.
- MACD crossing.
Will scout for an entry on the retest and/or when the MA's catch up.
XRP possible reversal double bottom here at this pivot line. Yes, we're chopping & consolidating, but this looks like a nice Risk/Reward trade from this old resistance now new support level, targeting that DTL of this Pennant. 200MA has been backtested and is catching up.
Clean & simple. Remember, there's also direction and patterns forming in the chop. 😉
UPS is getting tight in this All-Time High pennant. Fake-breakout this past session as volume continues to fade but price action printed a bullish inside day closing slightly above then past Thursday candle open. I have alerts at $217 for a swing to psych number $225!
$NWSA Beautiful and Clean Uptrend consolidating in this Ascending Triangle.
- Recent ER Beat & Strategic Reading business model.
- 99% Institutional Ownership and Insiders buying.
- Clearly, buyers are stepping in as this top volume node grows stronger.
Bullish volume accumulation pattern. On Balance Volume indicator confluent
making higher lows & highs.
-...
I'm interested in a swing once we break above the DTL (Descending Trend Line) with a 50MA (Orange Line) reclaim which would act as support. Nice risk-reward if and when it triggers.
BTCUSD broke below the 200MA finding support at previous levels of structure. Price action seems to be consolidating in this bear flag with the rejection of the 200MA (Orange Line).
Short-term more choppy compression.
A tough scenario for Bitcoin at the moment folks.
BTC price action keeps melting until the 200EMA previous support & resistance line. Here's the moment where you stay objective and keep trading your plan. When price action moves below the 200EMA I start looking for bearish scenarios. As much as I love crypto and BTC, charts don't lie. On high watch for direction confirmation. Also good opportunity to see what...
Dollar Yen nice uptrend and triangle break! Price action is retesting previous structure level for new support confirmation. Clean 3:1 RR trade if triggers. On high watch!
LONG 💴
