FTSE100 has taken a further dive down towards historical price support. Formed a steep bullish divergence on the 4hour. Would expect some relief here.
Was navigating through various coins and GALA really stood out for me. Would be good to put some buy orders at the support lines below and see how the price action maps out.
GRT/BTC looking ok also. Falling wedge / bull flag formation on the 15 minute chart. Buy/long on the bottom line support to max risk reward, stops on a close below this. Targets.....off the top of my head historical price action of 0.126
Friday was a good day for avacta and it cemented that build up of the handle part of the cup and handle. No we are looking for a solid breakout come Monday. Here I have detailed 3x approaches you could take, to take this trade. Each with their advantages and disadvantages. Thoughts welcome. Bon chance!!
Tbh I hadn't heard of this coin before, but sitting no 50 coinmarketcap it must be some sort of legitimate project. Will have to be patient here, and let the trade come to you. Might want to take the trade on the upsloping trend line, but imagining a sideways channel. Added bonus is that this could well be the beginnings of a sideways channel for a build up for...
Thought Id zoom out on bitcoin to have a look at this ugly range we are in. What is really positive though about this range, is that its been going on long enough now for it to be a range, and not a bear flag on the daily. There is equal opportunities that we might break to the upside and to the downside.... Now.....if we do break to the upside I cold definitely...
Looking for this potential Inverse head and shoulders to play out. Target points even higher from here. Hard to put a stop loss on this one and there is loads of support levels immediately below.
After rallies, Im not 100% sold on this one, but the price and lagging strand are both above the price action. Think overhead 3.06 will put up a bit of a fight. Keeping one eye on what bitcoin does and if it breaks down on any price structure.
Im not 100% on my stop loss position on this one. Open to criticism. I'd like to be at the stage of the price action sitting above the cloud, but it isn't quite there yet, tbh, this might be the first up more of an a nice rally. It seems to be shaping up well here. KNC/BTC looking the same setup.
Good luck everybody. Heres a long trade on matic, target overhead, stop down below. Let me know if you like it, or if you don't like it, then why.
There is definitely opportunity to be had when a coin is dying. Just like we have seen with LUNA recently. Heres some historical price levels to keep an eye out on. 24$ full retracement 12$ historical price point 1$ historical level and also psychological level. Maybe catch the price at these levels, and pile in some more if ya get some decent confirmation. If...
LUNA long. Need to get to grips with where my stops would be on this, and would probably prefer an entry on the lower support of the descending falling wedge. I welcome others critique and comment on this. Thanks
I was gonna put a long position on this chart, but for a stop loss you guys can be reasonable. In terms of targets, I think the overhead diagonal resistance is one to watch but I think that price could very much sail through this resistance and to one of the overhead price action historical price resistance or fib level. I know bitcoin is looking wobbly and we...
Expecting the price to fall down and touch the trendline. Might even wick down to the 0.618 fib line. Price labels on chart. Good luck
Where my buy orders are on the KNC chart. Bitcoin printing a bear flag on the 1hour chart and Im expecting a slide down. Some good confluence here on the KNC chart including heading into the 0.618 golden pocket. Good luck
Heres a little update on AVACTA. Falling descending wedges breaking out, and then the formation of a mini bull flag. Might see a pop to 121 today but maybe even further. Good luck everyone!
was just in the middle of drawing some lines on the 1INCH/USDT chart, and simply thoroughly enjoyed the synchronicity on this chart...
TRX long. Price action above the cloud and holding on the 1 hour. Lagging strand above the cloud and price also. Hard to work out some decent targets here but the whole integers might serve nicely. TRX/BTC chart looks fine. Same with the price and lagging strand above the cloud.