I'm not totally bought into this. Actually I'm procrastinating and I feel terrrible about it. Anyway, bear div, retrace, you know the drill.
Let's see if everyone's favorite worthless ponzi shitcoin that normies love to hate has some teeth. On a technical level, this trade will play, And all the myriad iterations of it as we make our way back up and beyond the moon at some point over the next 6 months - 50 years. I'm not even considering trading anything beyond this for now, maybe due to...
there is some merit to this. but honestly, no one really knows. well, someone does, but no one here.
I think this looks like a bearish divergence. I don't trade stocks, and I don't really follow them. yet.. Still a beginner. Always a beginner.
It's bitcoin looking hot on Friday. Daily chart, so surely some hearts will be broken before she really hits the dance floor, but I mean, who wouldn't take a stab at this? Wait... BTC is a scam. It's going to zero. No, actually, the "bulls" haven't wet their beaks with enough wholesale corn yet and will force it down to $4800... naaahhh. IMO, markup has...
Unless you KNOW it's going to tank, stay strong friendos. Look at what it's sitting on. If you must sleep, well, ETH has a nasty habit of some of the largest long stop runs I've ever seen in crypto, considering the MCAP. So, maybe no size until a confirmation or a double bottom. Yes, I'm saying either don't trade, or don't sleep, hand curate this trade until...
Just trying to keep aware. I'm neither Bull nor Bear. It's only about price action and position that I care. However, as any keen operator would do, if it is profits I seek, I must be aware of the content of the chart, and alert to the form too.
Levels are marked clearly. No target yet as i'm actively managing this. I'm in big scalp mode.
Because this is how it goes these days. Kijun signal on 2hr, short stops getting run, MA signal flattening, volume steady/consolidation indicating, you know, the usual.
here’s a long chart for you. the color of each box is where the price found support on the moving average of the same color. The green box indicates several MAs interacting at a previous key reversal area. The pink ones indicate where the price interacted with a long trend that IN MY OPINION is relevant. The dark purple vertical lines represent either oversold...
This might be my first public chart. This has been my trade setup over the last few days. I'll mostly treat this next entry as a scalp unless volume indicates otherwise. Then I'm LONG. Limit set at $6240. Target zone indicated by green box. Previous entry exit noted by green/red circles. Stop set below $6100. I'm not a professional, but after a year of...