pootsdn

pootsdn

Descending triangle pattern forming. Looking for a breakout in market structure. Will wait for confirmation before entering trade.

pootsdn

- Looking for a potential long position up until the above resistance if the current price closes above the 15 EMA

pootsdn

- BTC current trading between 49000 and 51000 - The same pattern has occurred previously which, was followed by a hard drop - I am expecting it to do the same since the overall direction for BTC is in a downtrend but will need to wait for a strong confirmation - Once the weekdays start and strong buyers push it in to bring it up to 52000, I will look to go long...

pootsdn

- Looking for a tight scalp long until ~3650 - If resistance is broken to the upside, I will enter again long and ride it until next resistance (might take profits early since I'm not liking the overall movement of the market currently) - If trend is broken to downwards then I will do the opposite but let it ride for longer

pootsdn

Looking for a breakout in downwards pattern. Will enter once last high is broken at ~1.45. If Support is broken, will look to go short until ~1.

pootsdn

- Looking to short at the current state. 1hr chart looks likely to breakout to the downside. If neckline of the W is broken at 1.52, I will be looking to go long.

pootsdn

Looking for a position in the short direction if the EMA gets broken through again. Will take profits before previous support.

pootsdn

- Initial thought was to go long off the bullish candle that broke past the 15EMA; however, looking like it might not want to break the overall direction - 1hr chart showing good signs of a pullback upwards but still am undecided if it'll be enough to break the structure and be a change in pattern

pootsdn

Saw this small trend on the 15min chart. Honestly go either way but was thinking to take some profit if it managed to break EMA. Otherwise if it breaks the trend and heads downwards, I'ld probs let it ride for longer than if it went up for a long position.

pootsdn

Wouldn't be surprised to see APT drop. Depends on any upcoming news otherwise I'm expecting it to initially drop down to EMA and test it. Slightly pull back up only to continue downwards and break through EMA until next support. MACD line has already crossed below the signal line and RSI is showing signs of it being overbought. Will wait for a break of pattern...

pootsdn Updated 

Considering a slight retracement upwards if EMA gets broken again. Risk to reward doesn't sit nicely for this one but would only be a small scalp trade where I'd keep the loss tight and let it run if green candles are strong and backed by volume.

pootsdn

Waiting for next few candles to see if it can break below EMA. Position enter until next support and will continue to monitor and see if downtrend can continue to break through until second support.