Quick glance at bitcoin and its obvious we need to get back inside this channel. If not, could definitely see a wick down to support like we have seen a few times. On the 4 hour chart, there seems to be a bear flag/channel. Which could comfortably give us the wick down.
Would be nice if this played out for ALICE. Posted a similar move for FTM just now. ALICE/BTC chart @ support on the daily.
How about this possible move for FTM. As ever, relies on bitcoin behaving. Similar setup on ALICE coin which i will also post. FTM/BTC @ support on higher time frame.
A pretty gnarly trade suggestion and not the cleanest with stop-loss placement. We are above the cloud on the 1 hour and also higher time frames like the 12 hour. (along with the lagging strand). Almost looking for a continuation of the prevailing up trend. In terms of stop-limit placement, it might be a bit of grin and bare it. Only smaller positions. The...
Price could be trading above the Ichimuko cloud (on longer time frames) in the not too distant future. Get above the cloud and stay there for a bit will be a very bullish sign. Spotted a nice and clean inverse head and shoulders pattern here as well, so could long the break and could also long the retest of the neckline. DOT/BTC looks good, and again looks like...
A little go at a swing trade. SAND has been consolidating at this fib retracement level or the macro up trend for a while now. It hasnt gone lower which is a good sign. On the lower time frame we can see this swing trade setup with a higher high, and potential higher low. Stop will be below the lower low. If it feels too risky here, you could go long on the...
How about this for a trade idea on GMT. Bounced off the 0.5 line nicely. Price has been holding well despite bitcoin price going down. GMT/BTC pair looks good also. 12 hour timeframe green hammer candle. Wicked down to 0.382 fib level and bouncing nicely off the 0.5 level as well. Could trail your stop loss with the fib levels. or use them as an alternative to...
Heres my update on AVACTA Thinking that the run could just continue, and it might. But I always feel that when I am most bullish as a result of a long run up and its time for a bit of down (for now). Bearish divergences on 1 to 6 hour time frames. Seem to be forming this rising wedge, that looks like it could break to the downside. We are at historical price...
Cake long position. Several price targets along with stop loss. On higher time frame looks like it has capitulated and has been building into this resistance here. CAKE/BTC looks healthy enough.
GMT had a decent rally of late, it looks to have consolidated a fair amount and now looks like it wants to break to the upside. Lagging strand above price and cloud on the 1hour. Could go heavier into your position as we come above the cloud on the higher timeframes, and you may want to extend your price target higher. Stop loss just on the swing low and just...
sorry for the messy chart. I actually plotted this yesterday but didnt post. Nearly got stopped out but it is now looking healthier. The 1INCH/BTC pair is looking great for a breakout also.
Just really wanted to post this chart. Just because I love how the middle three Fibonacci bands are aligned with historical price action. Just love it. AVACTA is one to watch.
This descending wedge looks pretty sweet. Looking for some strength on the bitcoin pairing to help the USDT pairing.
Heres my whacky idea for bitcoin. Obviously desperately looking for and hoping for something bullish.
Every second in crypto it feels imminent. Well, this is no exception, it feels imminent. Break here and we go to the resistance above. Same for the 1INCH/BTC chart
Inverse head and shoulders - 1hr 1INCH on both the USDT chart and also the BTC chart. anyone agree/disagree?
Ive got to be honest. Im making this shit up. Looks good though dont it.
Lovely pennant forming. Might even see price bounce from the mid-line here. We wait patiently and hope for the best.