Short Taken at around mid to low $6 on Daily Reasons: Price closed below baseline. Lead indicator crossed zero line. Volume confirmed the short. Support broken & acting as new resistance. Order details: Risk at 1% of portfolio current value. 2:1 RRR at TP 3 Any questions in regards system I am using to place trades please refer to CrackingCrypto channel in...
Observations: - Weekly: Possible hanging man signaling reversal in upcoming weeks. - Daily: Exponentials acting as support, price trying to move back up to the $25 region. - 4hr: Price currently creating higher lows, but no higher highs. Flat resistance around $24.80 (ascending triangle spotted) - 1hr: Possible inverted head and shoulders. As of now the only red...
Observations: - Monthly candle most likely to be an inside bar. - Daily exponentials acting as support. - Hammer on daily chart formed yesterday, marking possible bottom of the pullback, but no followthrough yet. - Bear volume showing a decline on daily as well. - 1hr oversold RSI giving excellent entries. Unfortunately the pennant formation broke bearish, yet...
Observations: 1. BNB entering its 3rd day of consolidation, clear bear volume decline can be observed in daily chart. 2. Bulls are using EMA'S as support, bulls defending EMA 26 aggressively. 3.Daily inside bar still intact and waiting for a break to confirm price direction. For more details regarding the inside bar check: Analisys: We can see how the...
Observations: 1. BNB has been pulling back for the past two days, no red flags as of now just a healthy pull back to cool down the indicators. 2.Keeping an eye on the Mainnet (tomorrow) launch to see if this is going to cause by the rumors sell the news type of scenario, if so I expect bulls to defend and a bounce back given how strong this uptrend has been....
Observations: - BTC has been traveling between a 2% price range for about a day and half. - Currently being rejected from 4HR exponential moving averages. - Daily volume dropping, possible bear flag formation. BTC is currently traveling within a $100 range (5k to 5.1k) zooming out can give us a better picture of where the price might go depending on the type...
Observations: Daily: Bulls showed strength today as you can see by the volume and as well as the candle currently forming in the daily with no lower wick, demonstrating bulls controlled the day from the very beginning (We can call this a bullish belt hold in my opinion) 1hr: Possible bull flag formation. Support .35500 Resistance .37999 Currently watching...
4hr Chart Observations : Immediate resistance $4841.44 Immediate support $4618 Possible bull flag formation, if $4841.44 is breached. Profit taken target at 5.0k to 5.5k Keep eye on exponentials to act as possible support. Analisys: Seems as if the 4hr chart is forming a bull flag, price is currently trading between the dotted lines close to the high of the...
Trading Style: Swing trading 4hr/Daily/Weekly Observations: Weekly: Doji candle still valid till we close current weekly candle closes above $4056.33 Volume has considerable dropped in the past weeks. Bulls buying the weekly dip, but move lacking volume. Daily: Daily higher low at $3858 anything above keep bulls in control. RSI approaching oversold...
Trading Style: Swing trading 4hr/Daily/Weekly Observations: Weekly Chart: Doji at the top of the trend confirmed, by price trading below $3915 increasing the odds of a period of sideways trading or a market pullback in the following weeks. BTC last weekly higher low $3337.87, BTC has grind its way all the way to the exponentials without establishing a new weekly...
Current Style of Trading: 4hr/Daily/Weekly Swings. Sentiment: Longterm: Bullish Short-term: Bearish - Please for long term daily and weekly chart info check: Observations: 4hr: Bear volume is considerably higher on pullbacks than the bulls on the bounce. Immediate support at $15.53 resistance at double top $16.84 Failing to establish a higher low...
Current Style of Trading: 4hr/Daily/Weekly Swings. Sentiment: Longterm: Bullish Short-term: Bearish (I do believe BNB will not fall to a yearly lower low given it currently sits well above it at over 200%, needless to say this can change and so will my sentiment if markets show me otherwise. Observations: Last weekly higher low at $5.94 RSI levels Oversold...
Please as I said in the video keep in mind that this video is for educational purposes, its very far from any type of financial advise! Feel free to comment and give me your opinion and constructive criticism. Happy trading everybody!