LTC continues to push down!!LTC has been in a downwards trend for quiet sometime now.
I am currently watching this current demand block.
if we break though it we should see a move down to the next demand zone or even a touch and bounce off it. that's when I will be looking for longs.
no trade just yet.
if we tweezer bottom off the support then I will be looking for longs after a break in the trend
we also haven't seen much of a consolidation on this m20 chart
LTCM20
4hr
Mbatradingacademy
ADA MORNING 1 OUT OF 10 CHARTS PER DAY.ADA in an upwards bullish channel.
MACD + histogram cross, wait for a retest of the trend to get the best entry and long to top of ascending triangle within the channel.
AUDUSD ShortHave re entered short on AUD, looks like I entered to early last time. DXY looks bullish to me and with election coming trump needs to pump USD so have taken two shorts, NZD and AUD. Have three positions here one being the moon shot which will hold for a couple of weeks slowly dragging stop loss up. I do think there is a possibility NZD and AUD make a new LL on daily but will take some time.
NZDUSD ShortHave re entered short after last take profit hit. Have 3 positions with one being a moon shot that I will judge as price action unfolds. One I just added as it looks as to made a new LH but scalp is only a small position. I think it will bounce at around 0.5855 for a pull back then continue down for the next couple of weeks.
EURNOK BullishEURNOK looking very bullish here, had a massive push up and now falling and found support on the 61.8. On smaller timeframes also had another small push up and found support on that 61.8 fib again. I think a retest of at least 50 or 38 fib levels as marked.
Shipping stocks bullish$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?
Shipping stocks bullish.$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?
Shipping Stocks$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?
XBT trying to crack that resistance level agian????a few minor changes from yesterdays chart,
today we broke out of the consolidation zone in a bearish move but the bulls came back and stopped the price getting through the demand zone. also lines up with the 61.8 on fibs
I am thinking we are going back up to try and break that resistance level once more.
XBTUSD 4hr
ETHUSD Short MBA TA FridayLooking for shorts from FIBS
First run pulled back to the 236
and then pusshed to the over extension of 618.
Second run has had a pull back that pierced the 618, unliely to continure to push high,
Entry on the 236 for a swing back down to 618.
If trade drops before my entry then I will remove the order
Indicision and more Indicision!! XBT looking very indecisive as we move slowly through this current consolidation zone. I am waiting for a retest at resistance to see if we can create new market structure.
XBT 4HR
THETABTC - potential long opportunityLong opportunity has presented itself with THETABTC
Been on a uptrend forming higher highs.
Recently broken out of the downwards wedge, and looking to retest the trendline
Could be 8 - 9% trade. Looking at some of the wicks to the left I will leave the last 25% of my trade as a trailing take profit, so see if I can catch it if it does wick up
LTC Next Move upLTC is currently in a channel and is trading up. I am expecting another push up for a test of the next resistance.
ETH M2O NEXT MOVE UPEth has just had a good run-up. It's not in a bit of a consolidation zone so I'm excepting it to trace sideways a little on before it's next leg up.
I am looking for confirmation that the support level it's on is valid support, so looking for sacks to the bottom showing failed to breakthrough. Then looking for an 8% push up to the next area of resistance identified on BTC ETH Binance Chart.
XRPM20 Next MoveWe've had a break in trend and price has pushed up above 2701 which previously held as a strong resistance level. I'm anticipating a move up to the next major resistance level.
EOSM20 shortWe've had multiple rejections off the current resistance with multiple wicks to the upside. Therefore I am anticipating a short to previous major support.
XBT next moveXBT looks as though it's heading up. Waiting for the resistance to break and then for the greatest to get in.
Also looking for divergence on the 4 hour of support before entering. Any wicks to the bottom, morning star, bullish engulfing.
getting out at the next resistance.
ETHUSD short with good risk/rewardIf we get a close below 174.4, I'm looking forward to watching the satts roll into my account!
ETHUSD MBA trading academy T/A FridaysIdentified a break in downtrend
HH formed - change in market structure
Waiting for a pull back to those fib levels
Looking for bullish candles for confirmation before entry
First target is around 174.8 mark again
Stop loss below the next fib level down
XBTUSD short term bearishDISCLAIMER: This is TA from a beginner learning to trade. I take all trades I publish unless otherwise stated. However, I use very small position sizes for the purposes of learning. Follow my journey as I cut my teeth in trading.
I have noticed throughout btc's short term consolidation, it has been following fib levels relatively well. I have no long bias even though it has broken a downtrend. On higher timeframes, until it creates HH (higher than 7450), we are consolidating. Price has wicked up but failed to cut through supply zone at the 7230-7300 region.
I am betting on a short down to 61.8 which has also acted as support.
XBTUSD next trade 4 hourLooking at the XBT it looks as though the trend may be reversing. We have seen a break in the trend line creating a higher high.
This is not a guarantee that this will turn around fully as it's previously been rejected at its current price. We need to wait for further confirmation.
I am waiting for the pullback at previous resistance. I will then be awaiting wicks to the downside and a bullish engulfing to tell me that the higher low has been confirmed. I will then be exiting at previous resistance.
Bitcoin Gold / Bitcoin - 240 Binance - Squeeze incoming?
Very simple setup forming on BTGBTC, currently respecting short term uptrend as it approaching a level of resistance.
As price continues to rise here, we can see Volume decreasing along the way. I will be waiting for a break up or down out of the squeeze point near resistance.
For the short option, I will be watching for changes in market structure as we approach resistance, after a clear break in trend a LH formed.
Alternatively for the Long I want to see a break (with volume backing it) and retest of the 0.001500 level, before entering long.
For risk management on this trade I will be using a max of 1% Risk of account as this coin was lots of large wicks both directions indicating a higher level of risk.
If price breaks down early, not up near resistance there will be no trade for me and the Risk-reward wouldn't fit my trade plan (minimum 2:1).
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