This looks interesting even though fundamentally I do not trust the team at all. Short term we have a bunch of Higher Lows. As long as that's intact we are good to go at least to our short term target. I have also mentioned a bonus target to leave a bit for the end. But lets first get some momentum going. We are compressing hard so this should resolve either way...
Pretty confident in this trade as I think Bitcoin will give alts a little time to run. We don't want to start closing under .29 otherwise I think this will run.
Not gonna say much. I've taken trades both sides of the market and I'm not really sure whats exactly going on. More comfortable in a short but I won't be closing my TLM long. Looks like we are in for a correction.
Taking this trade. Already shorted the top and booked. We have got a rebound into resistance again and I feel momentum has slowed. A very tight SL so I think its worth trading. I'm in from $27.35. We have a clear invalidation level (the black dotted line) and SL above that. Scam wicks are possible so don't follow blindly. On a good run for a while but it will come...
A 35% candle to the upside. How can I not risk a bit to short this. Entered at 0.4678 with a tiny position because in crypto its tough to find a top. But now I feel that momentum is slowing down and we can come down to the 4H support to make a strong base. Lets see.
Breaking out. Waiting for a dip if I get it I will be in and trade it till range highs
I think it breaks out soon. SL is too tight but looks good for a hold in spot portfolio too.
SXP has gained massively lately and see where it has landed. Right into the monthly, weekly and daily resistance area. I don't rule it out squeezing higher but the risk-reward is good enough for me to enter a trade. Ofcourse the problem with buying wicks is that you don't get a confirmation on a breakdown but it's more suited to my risk profile. Therefore if you...
Pretty good risk-reward. Made quite a rally and looks like it could fall now. Ideally should stay below the red box. Target is the green box. Probably trim some early if I can to lock the profit. Looks like a clear Lower High so I'm taking this trade. I'm in from 826.
The entry in the last idea did not come to fruition therefore the trade was never entered. To me, we have made a Lower High on the small Timeframe. Target are the two boxes. This is only a scalp. Price should not start trading above range high(8.43) or the idea becomes invalid.
Wider stop than I would have liked so taking a small position. Looking for deviation above range into supply and back towards the support level marked in green and maybe further down to the mid range.
Catching this knife. If we start closing below the green zone might cut this. But fairly confident we at least throw it back to $18.
Targets on the chart. Average into entry 2. Clear invalidation.
Small Punt with good RR. Will trim some off at 2200 if I get it. Tight invalidation and stops run already I think.
Do you know where we're headed anon? It's okay. The chart will tell you.
Compression-Breakout-Retest-Expansion Target and SL on chart
Bull Cycle hold. Take profit at range high, 1.618 and 2.618
I have been meaning to post this for a few months now. Bitcoin has been operating in this triangle since 2017. I feel the upward breakout from this triangle will be a new step in establishing the new Bitcoin cycle. For me, I would like to accumulate more Bitcoin anywhere below the median of the Bollinger Bands on the weekly as long as we stay within the triangle....