The above shows a trade I placed yesterday, I entered at 17050 , after confirmation of a breakout to the upside. However, after coming back to check my trade a few hours later, and was in the money, blinded by the "let the trade run, don't touch it." mindset, I, well... let the trade run. I moved my stop loss just around my entry. That's greed and it's not a...
I usually only post if I feel really confident now because I realized you can't even edit your text. That being said, I've been watching the charts for a verrrry long time now and I personally believe its safe to say I found something worth looking at. I decided to label the chart for any new investors please leave me criticisms and details/things I cant improve...
The 20 week and 50 week moving averages are 2 weeks away from either crossing over or being rejected by each other, We can see a classic cup and handle pattern occurs if this week's close is above our yellow line or $164 If we do get a bounce off the $164 price level, I see prices going to our next resistance area $200 - $220 I'll update this post in the...
I strongly believe ada will crash to retest the previous ath of 2.40 then pump to around $3 again. The chart looks stupid, but it helps me visualize what Im thinking, with the rampant pump crypto just had, and the mass speculation on where ADA will go after smart contracts go live only leads me to believe the masses will sell the news just like countless times in...
the charts self explantory, i have my eyes at 17k Could be wrong but its an idea Im overall still bullish on bitcoin but enjoy finding new patterns
These are the same charted technicals as my previous post about NFI, although instead of the monthly timeframe it's on the daily so you can see the candles following the resistance, trendline, and Fibonacci retracements. I have my eyes on the $21 price level, as each retracement is another roadblock that bulls have to get across. Only time will tell now. LET'S...
The infamous three-bar play. If you know it you know it if you don't, learn it. Charts love to repeat themselves, take a look at these daily candles and tell me the setup isn't almost identical. a dropping RSI with a slight bump during the in-between the day of heavy bull and bear fighting. Predictions? SHORT potential profit secured 10% risk 5% Let's see...
I used to know the real terms for the MACD and RSI but from what I see the flag pole on the monthly time frame matches up with the undervalued RSI and the MACD s about to swing upwards (if that's how you say it) hopefully keeping momentum and breaking the resistance level at 19.55 price level. I have my eyes on the $21 price level.
IN this quick video im sharing my thoughts on the current price of bitcoin and what can happen after correcting at the .786 Resistance level of the Fibonacci retracements. Take my advice with a grain of skepticism as I'm early in my trading career.
This is my first deep dive into learning technicals. Basically on the daily timeframe we have a flag forming a target point around the 10k resistance line (the strongest resistance in btc/usd) declining volume will soon breakout into more orders as we approach the point where the green circles are. Let me know what I can improve on and what is right or wrong with...