I longed BSV here while yesterdays regular candle closed with bullish engulfing. Besides it closed above the daily 50 EMA and above the diagonal trendline. On the 4 hour we saw a bullish cross of the 50 and 200 EMA Plan: Leave initial stop in place for now Looking for any new Williams Fractal or Ichi Baseline to come up and move my stop along with it Targeting...
Heikin Ashi: - Clear daily downtrend, not interesting in buying untill we get at least a green HA indecision candle to be confirmed to the upside Indicators: - MACD far away from a daily bullish cross - RSI not above dots
Heikin Ashi: - Our sixth red Heikin Ashi candle, with long lower shadow, but closed with real small body and also a real small upper shadow. - The low of last week at $6425 went below the previous low from 4 weeks prior. We didn't close below our weekly pivot level at $6550 but actually bounced from that region. - I understand the bullish sentiment right now, but...
Patiently waiting for the change in trend on HA combined with: - MACD bull cross - IchiEMA bull fib x and bull impulse - RSI above trendline
Patiently waiting for the change in trend on HA combined with: - MACD bull cross - IchiEMA bull fib x and bull impulse - RSI above trendline
Heikin Ashi showing us the way, keeping you out of longs and staying in shorts.
- Confirmed trend change on the 12H - Created a new up fractal there, which if we'll brake we'll make higher high - Alligator is hungry on 12h - Zoomed in on the 4h; placed some buy orders above that high - Initial stop below down fractal
- Trend change confirmed Heikin Ashi wise - Alligator opens his mouth meaning faster ma's above slower ma's and pointing up - Insane volume - Entry just above 12h fractal level - Initial stop on down fractal level and looking to move it according these fractals - 1.5% risk
At the lower timeframe i'm seeing an ascending triangle with clear resistance area. - The alligator is totally a sleep now - Have put stop buy orders just above the fractal level - Confluence of ETH/BTC pair above kumo on HTF
- On the 12h possible ascending triangle in the making - Actual 12h candle starting to look as indecision candle - Zooming in to 4h chart seeing some trend change happening - Buys above last fractal and initial stop at down fractal - Looking for a play towards the top of the triangle - Williams %R closed above -80 - Confluence of XRP/BTC chart heating up