Wait for confirmation of rejection at upper resistance on the trading range.
Entry at $1.344 Long for $1.349 Scale 25% out at $1.347
$MATIC has just broadcasted the ceiling of the next swing move. Short for $1.75 (previous swing low), then switch long for $2.17 resistance.
$BTC appears to have found a last point of support (black arrow) after a sign of strength in prior sessions (note higher volume at the previous low bar). For this long setup, I am looking for a break above the AR area at $49.5k, with a BUEC entry, targeting the neckline in the previous consolidation range.
When $BTC reaches the neckline and reverses, we should see $ETH follow this path (or thereabouts), IMO.
a move upward to $55,500 would pull the 400 dma straight into that right shoulder. r/r is excellent, if you know how to enter and exit these trades with proper risk management.
Return to neckline, entering short position. s/l just above. targeting expanded bullish channel support.
$bitcoin is currently climbing the bear flag back to resistance, but i believe there will be a dip to re-test lower support levels once more and this will drag $TRIAS down to the convergence area where there is heavy s/d zone support. Longer term, price should return for a re-test of the swing highs.
Price is now forming a bearish pennant, however the 4hr RSI is telling a different story. Stop loss should be set below trendline for this long setup, targeting the next level of horizontal resistance.
In 2021, whenever Bitcoin leaves a long wick after a large-chunk-selloff during illiquid hours, price returns for a re-test a few days later. Should price reach the upper trend line... enter short position, targeting the 400 dma. S/L above trend line.
$BTC is testing and bouncing from every last level, one by one. IMO, we are headed for a 400 dma re-test.
Biden travel restrictions are likely to run this company into the ground. The writing is on the wall, with the airline advertising European destinations at heavy discounts. All these routes will be lost. Travelers have had enough of the harassment at the airports and have canceled their trips. Any and all pullbacks should be short-sell this winter.
Should price reach the $64,000 area, there would likely be a reversion to the $61K area before moving higher into price discovery. Stop loss placed below the reversion area, with reasonable distance to avoid random liquidity hunting.
$HAPI token is approaching a critical area, with divergence of previous s/d zones. RSI is looking steady and MACD is looking quite narrow. Scaling into a long position here in the $44-$45 range for a 100%+ return / exit above $100.
Weekly call spread. 11/29/21 Convergence of demand zone and long term trendline, combined with 100 dma / RSI printing higher lows. Dec begins this week!
Monero token has seen declining RSI the past few weeks and is currently testing the long-standing bullish trendline. Should price fail at this level, it will almost certainly fall to the previous s/d zone area around $150. Long position, targeting the upper brim of the 4-year cup and handle formation.
MultiVAC token has seen declining RSI over the last couple of weeks and is almost certain to test the bullish trend line again. Should the trend line fail, price will almost certainly re-test the lower s/d zones in the $0.009 area. Profitable opportunity for a long position, targeting the recent swing high.
Cable is entering a divergence of trend channel bottoms and found buyers at the 500 dma this past Friday. Looking for a . 618 retracement , then higher with this setup. RSI bull/dev also in play. Long from $1.3312. Weekly call spread. 11/28/21