The BTC retrace back from an ascending channel, broke the lower boundary and then went on the sideway. The low side ($6600ish) of the sideway range shows some strenth here, keep an eye on this. If we break down below 6600 with an obvious volumn, we may go as my red arrow indicate in the future. Then it is smart to short it when it goes up to heat the 6600 level...
Not a trading suggestion... just one of the possibilities. narrow ur stop loss under current market condition.
If the current support level holds, we could see a small bullish rally here, two good and reasonable profit take levels set up on chart
Been oversold hard, still in bear market, but there may be a chance to catch some bounce here. Volume show this is tradable now
Here is an assumed interesting situation, what is your choice. and all the comments and idea are welcomed
As described on the chart, feel free to comment and click like. We have a generally bear market for the first half of 2018, now the possibility for the bull market for the following month is becoming bigger. But be careful that this may also a trap that whale wants retail trader sees. The good news is sometimes lag then the price move so I interpret that is just...
We can find that BCHUSD struggling at its support level now. Good news is we find a lot of supply at the current level, the bad news is the bulls are not even strong enough to make it run. Currently, it is not a tradable area, be patient, unlike LTCUSD, we are not even lower than historical lowest price, so there still some space for it to go lower. keep it...
Wave count, Wyckoff accumulation zone, universal support level, everything indicate we will go bullish in the following month, keep patient~
We are at a relatively lowest area in the whole of 2018, even the market is bearish now, don't open short position at this level, the risk is too high. We would better search for the chance to long in the highly oversold area
After nearly 8 months, we are here again. All the bubble is busted. I begin accumulating in this cheap price~
Last time I tried to play with the break-out of Cup-Handle pattern, but it ended up with hitting the stop-loss. We experienced deep correction all the way from $183 to $132. However, we saw LTC found $130 as a really strong support. It is a good sign we can still try to find the bullish signal and set up our buy position. Let's look at the daily chart. If we look...
if you like this trade, don't save your “thumb up”.
LTC has been quiet for too long. Finally, it can do something now LTC LOOKS VERY STRONG, a breakout to the upside from the cup-handle Take profit step by step, very likely the 3 Target will be hit in following several days~~ The yellow lines are the take profit levels. They are decided by the fib extension level which confluent with major structure Enjoy the...
Let's jump right in. After nearly 13 days consolidation and accumulation in $6500~$7000, we saw a very beautiful pump and breakout of the universal downtrend line. After that, we see it began to form a small H&S Pattern right after its breakout. $8400 so far still serve as an important resistance for a long-term bull run. If we break 8400, the FOMO will be more...
Recently, you may think the crypto market is recovering, especially lots of altcoins like WAN, ELF... got really beautiful pump. But don't let the happiness blind your eyes and create you sadness in the future. Looking at the Crypto King, market number one trend leader, BTCUSD, I still not believe the healthy reverse is coming. Looking at both 1D, it just break a...
Looking at the 30mins graph, we see ETH has stepped out the bloody downtrend and go sideways in the past 3 days. We can see the price movement and the volume is very likely follows the Wyckoff Accumulation model here and especially we see a beautiful bounce from the springboard. Is this a true base accumulation for reversal or re-distribution for further down...
Say at the beginning: I am not a TA expert, just amateur. I do TA basically just for myself because I have big positions in LTC and ETH. And I like to share my ideas with you guys. I will do real trades based on my guess. And I will not do a lot if something happens then blah blah, in my analysis. I can not be that comprehensive as those experts and IF ELSE WILL...