Buyafter at least a 15 min green candle confirmation at the support of the pattern or after a clear breakout of the pattern resistance.keep updating your stop loss progressively to reduce risk as soon as you are in profits . Please like if you would like more signals . Time of idea: 13:10 CET
Since we are in a correction and there is a descending triangle we should be heading lower. Once the triangle breaks I like to short on top of the triangle so risk reward is better with a tight stop loss but safe entry would be at the break of the triangle also with a tight trailing stop loss in case it retest the support of the triangle as resistance then enter...
Opportunity to scalp on that channel plsy it safe and set trailing stops in case it goes the other way but next big move will probably take us to major resistance then correction, best entry point should be around 5150
My revious wedge became a1 descending channel took profits on the scalp after entering a short at the top of the channel to maximise profits however if you do this place a tight stop loss because if it break the channel resistance it will keep going up probably up to 4150. If you want a safe entry when the channel breaks wait for confirmation of st lesdt 1h candle...
Ascending wedge = bear signal
Enrty after pattern break out , target equal or a bit less thanthe lenght of the previous downtrend start of the pattern formation)
Price a bit above the top resistance od the wedge to avoid stop loss hunting wicks
Just an oppinion not financial advise
In addition to my previous wedge chart which has already provided profits here in the 16h chart the TD SEQUENTIAL is indicating a price flip if the next candle closes below the close pf 4 candles before (red number) it is the start of a new bearish setup should be a big move downprobably around 4700 . Wait for confirmation
Chart apttern spotted we will probably go lower not just because of the pattern but also beacause the TOM DEMARK SEQUENTIAL is on a green 9 on the daily chart. Just an oppinion not financial advise.
Just buy and sell at support and resistance of the channel once the 1h candles close not before to confirm channel still valid . Been doing this since yesterday , guess where it’s going next? If it breaks dump if not back to top channnel
I don't thing it's going to go any higher than this it has been a while since we touched this resistance and last time it did it fell hard before going up again .
Resistance hasn't been tested enough shorting might be a good idea at least below the current support if you want to play it safe wait for it to break then wait for confirmation on S/R flip and short...
After looking at the chart , RSI , MACD , Volume, BOLLINGER BANDS expanding and multiple 4 hours candles close below 4010 across multiple timeframes a key resistance area as shown in the grey box. This leads to the conclusion that we will have a drop at least in the short termsoswing traders should take advantage of this opportunity to get in shorts . It is...
INFO ON THE CHART ENTRY ON SHORTS SHOULD BE ON OR NEAR THE SWING HIGHS ,ACCUMULATE DON'T PUT ALL AT ONCE ON YOUR POSITION AND TRAIL YOUR STOP LOSS AND TAKE PROFITS GRADUALLY TO MINIMIZE RISK
Bulls are tired so I am inclined to think it will be the bearish option in any case I will either short or Go Long at those entry points resistance and support match Fib Levels and if macd and psi are positive for either of those options on multiple time frames whey will validate the direction . If you want to be even more sure candles should be closing or very...
By looking at the chart we can see the 2 possible paths bitcoin can take. I believe it's going to go down after that triple top that every time has a lower high and decreasing volume . I have placed my trade with an entry of 3997 USD Stop Loss at 4045 and Take profits 1 at 3915 . Just trail your stops to a better profit target after you hit the first one .
