Prices are Perp Futures BTC USDT Binance i didnt have time to change the chart and write out Closed some of previous Short position to lock in profit, opened a smaller short position here under support/resistance line as 20MA 15m chart, position looking good however short time frames are not my best i prefer big swings in trend however trends are basically the...
continued DCA into eth usd shorts, expecting a reach of full target ETHUSD at which point i will look to longs
LinkUSD, possible buy opportunity provided bull strength continues, however considering the large and long running bull strength LinkUSD is overdue a slowing and possible pullback to lower support levels, possibly as low as $5.7 (0.618% fib on chart) given this these longs are tentative and somewhat risky, i will look to price action to determine entry level.
ETHUSD Long above resistance levels, Horizontal Blue Line at $346 is strong support now, i dont expect a close below this taking the bull strength in the market currently, this is why my stop is set just below this level. Entries are set at 382 and 362 below because i expect the bull move to continue and RSI is diverging already, the ideal level is 362 however due...
Resistance found and holding, XLMBTC looks likely to retrace to 0.618 area if price moves toward this area relatively quickly then RSI will begin to show divergence again (hidden) signalling a continuance of the trend upward. I'm looking for divergence and price action to show when/where to enter into longs near the 0.618 level.
Looking toward upside, provided we see a break above recent high at $10,500 I expect BTCUSD to continue moving toward the ATH, should this be broken and we continue on a new bull run our next target will be $29,500 overtp the next year . To me this ascending triangle pattern is lookingoing like a bear trap, i expect a break in this triangle to the downside,...