Much confluence surrounds the area of speculation for long entry on this play. Previous ATH, ATH retest, Monthly Open, Fib confluence etc... quality spot with long slightly below fib retracement targeting new ATH.
Long ZRX/USD after impulse through and successful retest of .34c resistance "hopefully" turned support. ZRX is a Coinbase coin, volume could come in fast after the .34c level is claimed.
This setup is based on buying the pullback after an impulse through resistance. I set a buy for the area of confluence where horizontal resistance (hopefully turning support) is meeting the rectangle blocker during the impulse. Stop will be closely below the rectangle.
This is what I'm looking at with LTC/USD I am looking to buy a retest of support at $89.25. As well I will buy at an impulse through support followed by a retest at $103.35. Best of Luck
On the 1hr BAT/BTC chart we are witnessing a potential S/R flip. Impulse candle through resistance, then retest and bounce off old resistance.
BAT/BTC is entering a buying zone acting as support that has in the past acted as long term resistance on the Daily Chart. RSI is entering levels of liquidity that have shown to have a positive reaction to selling pressure upon previous entries. Bids are set for the the 0.00004500 - 0.00004600 region.
XLM/BTC is hitting historical support in the zone of 0.00001150 - 0.00001259. As well RSI is bottom out below all time low levels. I am looking for a Swing Failure Pattern on RSI when price action enters historical support zone.
As the title states I believe ADA/BTC is trying to complete an S/R flip going back to September of 2018. Risk/Reward is high for this move with a tight stop. "This is not financial advice, only entertainment."
BTC/USD is at a point where the R/R of shorting has no longer become worth it IMHO. In looking for spots to long BTC I have identified the range of $5150-5450 as my "buy zone". This range represents the Weekly Lows for weeks 10/16/17, 10/23/17, 11/06/17 ; preceding BTC's rise to 20k. Currently BTC is forming a "Bear Flag" with price at $6,270. I expect BTC...
It seems SUBBTC could be breaking out of a falling wedge with a Bullish Divergence spotted on RSI.
I am targeting the box area for a spot to long BTC. If BTC bounces off the old long term resistance turning it into support I feel it will be a solid long entry!
As highlighted upon entering certain regions of RSI SUB tends to consolidate and the jump. The first consolidation is longer than the second, as you can see this pattern is forming again.
Kyper Network is displaying a Cup n Handle pattern with a quality U formation and defined handle. As well the handle bounced off the top of the Ichimoku Cloud upon first retest. A good buy spot would be upon breakout of Handle downtrend resistance.
Strat is well positioned for a long, TK cross on the 1d, close to a close inside of Ichimoku cloud which will put edge to edge trade in play!
BAT has broken out of the Bull Flag on the daily and has successfully tested and turned resistance into support!
Running into Target Box 1 resistance, on through resistance of Box 1 next battle will be at the 0,618fib, then on to Target Box 2
Possible A & E formation on the 1day, if completed would break into Ichimoku with edge to edge in play due to flat top of cloud.
It seems as if if ETH/BTC is producing a Hidden Divergence on the 1day log