A classic ascending triangle is currently taking shape on the daily chart. This pattern, coupled with the imminent halving event, suggests a strong likelihood for a profitable long trade. Consider entering the trade upon breaking out of the triangle formation and aim to secure profits between 10% to 20% upon closure.
- Just broke out of lower BB band - Sitting on the lower trend line - RSI oversold on 1D We could see a bounce right now on the lower trend line, it is possible if a turn around happens that we could see 80k this time around and with a stop loss not far below the entry right on this trendline just below the accumulation zone our risk reward ratio for this trade...
Reverse H@S can be seen here on the 1h XRP, Bullish signal trade the breakout above the neckline.
Here is a hidden bullish divergence and a ascending triangle, don't trade if it invalidates and trade the breakout.
Falling wedge forming, wait for the breakout target 51k
MKR looks like it is ready to break out for a short term long trade, Bullish Divergence + Ascending triangle on the 15min Buy on the breakout if conditions remain the same.
Hidden bullish divergence in the dot 4h, buy on breakout, stop loss below support.
After that well needed correction now is looking like a great spot to snap up some bitcoin.
great job with previous long lets now close and wait for the retest of center channel support rsi gives me confirmation that we probably wont break out long this time around.
Who cares direction trade the trend, in this chart we can see a short opportunity then a long , then a short.... Watch for the breakout from channel or the bounce from center line that is all you need then trade the direction. Bulls and Bears both get slaughtered but a trade can trade any market or direction/condition.
break ichi, cup and handle, retest cloud, ema cross, trend line retest + break..... all on the 1day... yes on the 1D bull time !! WOW could there ever be a better time to enter BEYOND MEAT! (BYND)
Forming doji, overbought, rejected on resistance.... cub and handle complete... 7900-fibish, here we come ready for ichi break down ;)
Good time to long while we are at the bottom of channel, remember we are still in down trend so will be better trade to take short at the top of channel, i am taking long now at the bottom for i feal we will break out of this chan to the upside in under 60 days.
If H&S forms take a short to bottom of chan, take profit at resistance.
yep bull trap, dont say i did not give you warning....