butcoinnnn

butcoinnnn Updated 

APRN at support level RSI oversold Look at smaller TFs for buying pressure. If we begin trading below 6.50 with no buying pressure insight, ill cut trade and move on until 6.50 reclaims. This would be a common stock play.. Im not interested in options for this play due to IV being extremely high

butcoinnnn

TDOC Daily Pivot at $208.63 If daily close below the pivot, target bottom of channel/ daily order block at $192.xx If daily pivot holds target long gradual push to top of channel. For more risk adverse investors, take profits along the way up.

butcoinnnn Updated 

For DIP buyers Bullish on FSLY stock. The green box is an optimal entry area to buy the dip. Buyers already getting a head start as you can see price began to trade in green box and dip buyers saw the opp to buy at demand zone pushing price back above box- creating the wick. Here I have 3 possible scenarios. Follow closely for whatever plays out then trade...

butcoinnnn

First: Do not short blindly. We must first wait for a trigger in order to short. Our short trigger is a "close" below $34.63 on the 4 hour. Once the 4 hour closes below, it indicates a lower low, in which I expect momentum to shift downwards to our first target (top green box). When we hit target, look for bullish divergences on smaller timeframes. IMO this will...

butcoinnnn Updated 

Just "KISS"ing. Keeping it simple stu*** At times its better to keep your chart clean and simple. It allows you to eliminate the noise & identify the structure that has developed. At the moment we are at the top of the structure aka resistance. Since overall structure is upward, I choose not to short or long puts. However, active traders with a larger risk...

butcoinnnn Updated 

Currently at Support of a Decade Long Upward Channel As long as the WEEKLY candlestick chart closes WITHIN the channel I will consider my setup VALID. I will consider this setup INVALIDATED, IF weekly candle closes BELOW the channel support. Side Notes to consider: All lower timeframes ranging from 1hr to 3day are heavily OVERSOLD.