When secondary trendline us briken it is nice to see change of structure. Last time (red lines) it failed. This time we are close to break new secondary trendline. I can se two tops to overcome (yellow horizontal). I don't like this one higher because alts can run really hard really fast. So this one feel late to the party. I will use the lower one to change a bit...
Last one was stopped. Crazy times ahead but I will make full risk position soon.
Lets draw few parallel lines. Looks like cross of green supports shows start of the party and crossing red resistances means music isn't playing anymore. Could be coincidence. Looks like green support is coming. If we pierce it could be bullish. Unfortunately this time is different because of inversion. We will see.
I will go half the risk. Looks like minor trend line was broken. Half the risk now and if nice break retest of weekly i will add one risk.
I put all the price history into this frame. This cycle does not look out of ordinary so far. Of course assuming this time will be the same is silly nevertheless it is fun to watch how each past cycle was developing day by day from halving point.
Many things looks fine. One thing is concerning. Although rr is around 6 risk still is over 60% so micro position money you can lose or wait for red rendline break and sl under prevois swing. I chose second. To be clear I do not have any respect to any altcoins. I hold only btc. Im trading chart not altocin so please do not enlight me how scam or game chanred ada...
Ell last entry on gme was after few years of coiling up. Now we hope for secondary earthquake. Higher risk and lower reward but let's ape in. Half the regular risk i normally play also due tu possible gaps.
Lets give it a little bit of room and buy. Looks like logical play and some key areas emerge in this structure.
Possible buy ahead but this support is getting weaker.
Not sayng today but on weekly piercing this ribbon from below and stayng on top means good times.
Well not so much to say. Nailed the top and secondary trendlinie nailed the bottom. Now primary downtrend was broken.
Here's two channels. Simple idea. Many touches. Depth is spiraling out of control. Printing doesn't stop. Economy will not take anymore suppression. QT need to stop. This looks like nice place to resume fiat weakening.
We have a very interesting price action right now on BTC. Previously such trendlinie break was many times a good sign. Now price is too high to jump in since SL is too deep. But soon we may have good opportunity
bunch of my indicators. in general if it is green it is good. If red not so much.
better start to choose paint job. I wish i could tell more about it but im some random chart noob.
Hi. i did doodle some stuff. please tell me any reason to sell some part of stock?