Depends on the breakout we could see a drop to a higher TF support or price appreciation to the uppertrendline. Depending on the closure I will either short or long.
Original trade setup was drawn on 2nd of April, shared with my friends. They can confirm this theory. Overall crypto world/MC in recovering and we should see some nice gains. Will sell most of my bag on $20 mark.
My perspective on the Tron coin. For any explanation please comment down below, and I will try my best to anwser :D
I took the biggest timeframes, marked the support and resistance and moved down through the timeframes. If the trendline will hold, I expect a rise or even a bounce from it (trendline), If we break the monthly resistance of 293 I expect a spike to 350 or even more. SAFE TRADING AND REMEMBER, SMALL/BIG WINS AND ONLY SMALL LOSSES :D
Since BTC is up and all the alts are falling down I think the tide will change in 2 days, when BTC calms down and alts get a chance to breathe. Every alt on BITMEX is facing an inverse bullrun in my eyes so keep an eye out and bag some profit for me. PEACE OUT :D
So, as you may see I listed my TP and SL on the chart. Not sure about my EP since I am still learning. If you have any ideas/tips feel free to drop them below :D Have great day!
Upper line for TP, lower for SL. Entry at the trend line, if it closes above on the 4H timeline!
Good evening guys, here I am with another trade. Here I have my "idea" for the future... Those red lines are some help I use to define SL once the price reaches TP1, TP2 and so on. Will update this trade once it reaches one of the targets!
My prediction for this pair. I would short now and put SL on the upper trend line. Once it hits the support I belive it will go up and continue growing to the first support.
Here is my second public trade. I would wait for the market to come down to my Buy zone then set a long order there, 1% risk. Also I would wait for the results (forecast events) then enter the trade. Also I used some technicals and it looks like they support my long idea too. Safe and happy trading :D
Good evening guys! This is my prediction for the future BTC movement. If it hits target 1 I would move my stop loss near it, then lower it once it reaches target 2 and so on... The reason I put rectangles in and not fixed prices (targets) is because I am still learning and will improve my charting over time. The Fib I used was to detirmine price support and...