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BTC Ranging and Planning TradesWe are back to the time where I like to set up for some trades. Some of my favorite trading comes when BTC defines a stable range like it has, this involves being patient to allow BTC to sweep high and low liquidity of the range. But once that range forms and has time to develop, the likelihood of the next move out of the range being a confirmed breakout increases. And we are now at that point where I am reasonably confident that when BTC moves out of this range, it will likely be the confirmed breakout and not a swing failure. So what I am doing at this time is preparing for the altcoin trades that I want to take. I will only enter these when BTC breaks out of the range because I prefer not to get caught up in the noise of trading within the range. So the key here is to time the altcoin entries well so that the altcoin is breaking out of its respective pattern at the same time that BTC is breaking out of its range. This is not a complete list, but here are a few ranging altcoins that I am watching: ETH BAT PEOPLE AVAX
BINANCE:BTCUSD.P
by Obscure_Trading
1
FOMC news release, preparing for short positions BTC ended up printing a swing pattern failure. So I am now preparing for shorts positions and this chart shows when I am anticipating to find my best entries on those. This chart also shows that I am not looking to take any long positions unless we see a strong move higher form the buyers. So I am preparing for short positions now but waiting for the right signal from BTC. And when it’s time to enter, we need to have positions ready. This may happy overnight or when I’m not able to post so wanted to share some setups that I am watching. The idea here is NOT to enter all of them, but to choose the ones that look the best when BTC is in it’s rejection area or sell pressure is showing up. The best way to manage these is to set alerts on each one on TradingView so you are alerted when each is near our target zone. I won’t be providing much detail on each of these setups as they are all very similar. Really just wanting to see price action come back and bearishly retest the recent resistance.
BINANCE:BTCUSD.PShort
by Obscure_Trading
PEOPLE : THE BREAKOUT TARGETS : 269% This is a small view with Targets update for people This update depending on technical analyze and other ways of finding breakout targets. People can have 269% increase trend coming time on more reasons. First important target is 0,042 trend. And if we have a golden breakout the price action can go to 0,08 the old historical level. what means around 269% increase. The volume structure of this coin make it able to have a breakout depending on last broken trends. Its not first time that People did shows an top increase, and its possible that we can see this again. Don't be Fomo trade only depending your plan and study as crypto can be very risky in any way.
Long
by Goldenbreakout
1
ITS TIME FOR PEOPLE COIN!Trend is your friend. lets follow what the trend shows, and in this area means a people increase trend. This chart made out of personally expecting but 100% on technically details. Wait! Never just follow just a chart as this with a title as this. do always your own study and confirm more times. Good Trading times. The above technically chart it seems people coin are going to show some increase effect coming time. The above targets are possible range targets.
Long
by Goldenbreakout