Just going off of basic SR here. I have been following this for a while. It's been really resilient. BTC pair is also quite nice.
1. RSI bottomed out. 2. TD9 on the 2H 3. Stochastic RSI bottomed out. 4. Holding above a few important SR areas. 5. Con FA: There is FUD around token unlocking and MM releasing tokens into the market. 6. Pro FA: There is a price guarantee for staking. Willing to take a gamble on this. Conviction level is only around 6/10 so I wouldn't sell my house for this....
The halving hype has died down, Bitcoin dominance will slowly but surely decline, and on technicals I see the following: > Broke out of a year-long downtrend > Broke out of a month-long downtrend > retested those lines okay > Seems to be finding decent support around this area > Large volume on the previous daily candles > Attempting to get over the MA50 > Over...
Seeing a trendline breakout and successful retest so I think this is good for a scalp. There's not a ton of price discovery with this coin but it's worth a shot. Indicators and TP zones in the chart. Not financial advice. Just learning how to chart.
MA 50 & MA 200 look good here. They are creeping up. RSRBTC seems to be bottoming out soon. The USDT pair looks primed for another breakout and the buy line is sloping upwards. Break this diagonal trend line resistance and I think we make a solid move here. Not financial advice. These are just me learning how to chart.
I've shared this chart previously. Updating it with levels to show you where the final boss is. S/R 9932.06 is also pretty important here. People will take profits but I don't see a ton of euphoria yet. Hedged and not trying to over guess right now.
Multiple signals across the board are showing that there is a potential that alts have bottomed out or are close to bottoming out and ETH is the market leader, so when/if BTC makes a large move I expect this entry to be filled completely. The upside for ETH is quite high so the stop loss on this may be adjusted depending on market conditions. I will be manually...
I do not believe that this needs much explanation. There is some risk here as BNB has been in a very long downtrend against BTC for quite some time, however, I believe that the FA, coupled with the TA here, makes it for a worthwhile bet. Stops can be relatively wide here IMO because BNB holds value beyond just trading it. Not financial advice. Just learning how to chart!
TD9 sell signals on both the 4H and the 1D. Huge overhead resistance. We haven’t had a meaningful pullback to test support. There may be a final FOMO push into Halving however stay safe and realize that this thing went up like crazy for many weeks now. Not financial advice. Just charting ideas.
This project has fine fundamentals with an outstanding team, not to mention very strong volume. Just looking at basic TA I like that it's been going somewhat sideways for quite some time even with BTC's insane moves and I also like that the upside potential is so high. If it goes down to the green areas I could DCA more into it, however, I find the current entry...
This is to enter a reshort. So essentially taking profit on the short from the overall idea (downtrend) while scalping a quick long. See the previous idea for S/R levels.
Notes are in my previous chart, however, I think a healthy pullback to previous TPs would be good.
I've drawn the upper levels where I will be looking for shorts. The lower levels are where I would probably be looking for longs. Right now this is a bit of a no-trade zone for me. I do think there will be Halving FOMO and don't think that it's been "priced in" quite yet. I could be wrong. This is not financial advice. I am just learning how to be a smarter...
> TD on the 2D is flashing a sell signal > Price has risen drastically since April 6th without a meaningful correction and declining volume > Overall market structure is still bullish, and a correction to TP3 would still maintain this bullishness > Accum/Distribution ratio appears to be declining > Previous backtesting of buy/sell signals with TD9 buy/sell...