A 1D chart perspective.. showing a retrace before another leg up, but the question is where will it it bounce? Oscillators overbought, price action tested resistance. If we get a bounce of one of these fib levels, this should pick up momentum. We need to break through this current trading range and if so I believe the trend reversal would be pretty much confirmed....
Here's my case for a potential short opportunity BTCUSDT on a 4h chart. Bitcoin is playing out along a major resistance level of this s/r range and hasn't had enough momentum to break through at this stage. We had a false bullish breakout that liquidated everything in its way last night, and whats evident, is a clear bearish divergence on both oscillators (lower...
ETCBTC has been my most favored altcoin to swing trade. Not only is it offering some nice gains on these s/r levels, but if I were to consider hodling anything as a mid to long term investment, ETC is number 1 on top of my list. I dont even bother with stop losses with this coin (not financial advice). Gaining a position when it takes a dive like this is a bonus....
I was bullish an hour ago and I guess that was my general sentiment after watching too many moon and lambo youtube videos. I decided to go against the herd and enter a short position here based on price being overbought and bearish pressure pushing down, double top etc. I also based my decision on the 2nd red Heikin Ashi candle. As always, this could go either...
$BTCUSDT - we'll either get another leg up and Bart pattern to test resistance at the $7800 level or it will dump. If I were smart money (which I'm clearly not), I would push it another leg before my next dump. This way there's a tad more fomo liquidity to be soaked up, and it keeps fomo in enough for the next pump.. thats my reasoning anyway. My sense is that we...
XRPBTC is looking bullish on a 1D, we have some divergence showing on the oscillator indicating a potential trend reversal, price has bottomed out at major support, and based on this Im good to enter a swing trade here. Lets see if XRP heads north. I figure, if BTCUSD 1.98% consolidates where it is, alts should have a field day.. As always however, even though TA...
$BTCUSDT pumped, although a 30 Billion increase within 30mins-1hour seems like a lot of money all at once. I cant help but be a little suspicious. So maybe Im hallucinating, but as I see it, big boys pump, the herd goes nuts, everyone screams moon and lambo, fomo piles in, then big boys organise a strategic dump raking in millions like whales feeding on plankton....
Heres my game plan for BTCUSDT. Entry was on the green Heiken Ashi and EMA crossover between $6000k and $6200k. I set a trailing stop loss so its all profit from here on. If we break this $6700-$6800 resistance which seems possible given the green volume and bullish divergence on the 1D, theres a clear gap to the next resistance zone. Now just following the price...
$BTC looking potentially bullish at the moment.. divergence showing on the oscillator (higher lows 1D) indicating a trend reversal, green volume dominating, 9 and 18 EMA's crossing, potential cup and handle forming, inverse head and shoulders playing out. Main thing is we need to crack this $6800k resistance zone and get back into the $7k area for a while. Must be...
Well here we are again on the other end of another Bart pattern dipiddy doo da (TA terminology). Im in with layered buy orders down to the .786 fib. Nice to see them going off. I'm not even setting up stop losses here, bottom line is a trend reversal will happen in my opinion, even if I have to wait, Im good. We are at bargain basement prices here. Buy on FUD,...
Im back in NANOBTC as it has been offering consistently profitable swings lately. Entry based on oversold signals, off the .618 fib and green Heikin Ashi candle. This strategy has been giving me a good result with consistent high probably trades with only one going south on me recently (Litecoin). If you minimize your risk with well placed stop losses, swing...
WPRBTC buy opportunity off .618 fib tonight. WePower is on my hot list of alts this month, price bottomed out, been some nice swings lately with volume and good gains, starting to pick up on OBV, there's a ton of upcoming events, see coinmarketcal.com
BTCUSD 9 and 18 EMA crossover on 1D is significant. Looking back in history, we had some strong bull runs after this crossover. I would expect a retrace right now with another leg up to follow. Bullish.
$BTCUSD showing bullish signs, although I expect a retrace before another leg up. We are at a crossroads once again, testing resistance. The 9/18 EMA crossover on the 1d chart is encouraging. Are we at the 1st EW wave? The next few days will be interesting. Im bullish predominantly.
Swing trading OSTBTC on a 4h off the green Heikin Ashi candles has been working out. Im long here with a stop loss around 5% under.
Long BATBTC off the .786 fib on Binance. Not financial advice, posting for entertainment purposes and invite for your ideas and feedback.
LTCBTC Litecoin on 4h looking bullish off .618 fib. Im long here based on the double bottom, strong support zone, optimal entry on fibs, oscillators oversold zone. Is this wave 1 of an EW? On my toes for a potential stop run also, I don't plan on getting taken out. Go Litecoin!