Nice and easy short here! All the oscillators are in the red, and the price seems to be dropping. It's a good opportunity to take a calculated risk and enter a trade.
Here is an update on the trade we took yesterday. Looking good. remember to always protect your profits
The high timeframes for Bitcoin indicate a bearish trend. Upon analyzing the lower timeframe, it appears to be a suitable opportunity for shorting in order to capitalize on a minor downturn.
A favorable opportunity to invest in Litecoin for potential profitability.
Bitcoin is setting up for a nice divergence if we can make it back up the the purple area! This would give us a double top, divergence, and a fake breakout. Bearish for now!
LTC looks like a good setup! 3 to 4 entires depending on how close LTC gets to the EMA.
Quick little update on where we are with BTC. We did breakout and should wait for the retest before taking a longterm long position.
LONG BTC, Bitcoin should have a nice little run-up today. Broke-out of the pattern and now looks to test the swing high
DOT Looks good at this point for a great ROI risk to reward! All timeframes are lining up together for maybe a test of $12.00
ADA will follow btc most of the time and looks to be following bitcoin now with this small correction to the downside
BTC looks like it was rejected and now correcting to the downside. good setup for scalping
ETH crossed over the mid term EMA looking for a small correction to profit off
SOL looks good for a quick little scalp position. be careful with a quick dip. use a stop loss
ZNOG Just another pump and dump on people. When you go to 40 cents and crash to 20 cents this distribution not accumulation! Be careful longing this stock. On top of all that in one day they whipped out 5 weeks of profit. NOT GOOD!!
BTC looking to fulfill the HNS pattern on the 3 day chart! IF that happens we will most likely be heading down the $12,600 area! BTC may test the EMA before heading back down so look for that!
BTC on the daily chart looks ugly! Well if you are bullish! BTC has entered into a very large triangle with the apex at July 14, 2022. 90%+ of the time this type of Technical Analysis breaks down! Be careful with the Bull Trap. Long on the bottom of the triangle with a quick stop loss. Looking to take a short when it breaks and ride it down to sub $15K
BTC has a hidden bearish divergence marked with the purple trend line. Be careful do not fall for the quick recovery from yesterday!