SNE
BTC/USD. 6H. What is next after yesterday impulse? by SNEYesterday downward impulse broke S-support line.
But bayers returned back the price to S.
Probably, we will see consolidating price near
this line with more likely option - continuation of descending movement.
But if price will back at the big traingle with more
buyer's volume, scenario with big traingle will be actual again.
BTC/USD. How you can make money - short-term trading planThere is divergence on the 15m chart - every next descending impulse has lower volume. So, we can see correction.
If price will break the local resist. we can try earn by Long. Pay attention for every TP zone, they may be useful for Short deal (following descending trend).
If price will go to short zone3 - open Short following the trend.
If price will break POC line (11374) - trend will be changed on ascending.
Use Stop Losses!
BTC/USD, 1D. Overview by @SupernovaEliteFrom April BTC is in ascending trend.
From the end of June the price was found the level for consolidation,
where buyers and sellers got the consensus.
Now this level looks like traingle- or flag-pattern with a wide price range.
What's next?
I expect the continuation of growth. But some days ago price
shown false breakout from this pattern without strong volume.
Based on this factor probably we will see more local correction.
There are some options:
1. Price will consolidating in support area 10700-11000
before breakout the main pattern.
2. False breakout to psychological 10K with
continuation of 1 oprtion.
3. Correction will be more
aggressively - up to 9000-8800 - next support zone then
will continue the growth.
4. Correction will be to the support zone - indicator of ascending trend (8000-7700)
from April then will continue the trend.
5. Breakout of the main support - false breakout - continue rising scenario.
6. Breakout of the main support - change the main trend on descending..
SNE: Potential long term bottom here...Very interesting spot to go long #SNE, I think it could be a major bottom in the stock.
Best of luck,
Ivan Labrie.
SNEThe lines are some decent specific levels to enter or exit at, should front run a tad.
The boxes around the levels represent entry/exit zones where anything is suitable if the levels themselves arent used.
Two trade setups within, shorter term and slighter longer timeframe.
The yellow box/levels signify a short term trade entry range. The orange dotted line represents the stoploss to any entry in this yellow range. Entry in the yellow zone should target the purple zone/levels.
The green box/levels signify a slightly longer term trade entry. If price moves below the yellow zone this would be the entry targets. With a red dotted line representing the stop loss relative to these entries. The targets for entry in the green zone are the teal zone above for a longer playing trade. Although entry in the green zone could also take profits at the purple zone as well for a shorter/safer exit in profit.
Entry in the yellow zone could also use the red dotted line as a stoploss if you can swing a riskier stop loss on entry.
SALT/BTC; 4H; Binance; 02.10. by @SupernovaEliteSALT formed local rising trend
where every impulse accompanied
by volume increasing. Price rebounced
many times from MA and Trend-lines.
Now is in Support zone near 100MA and
TL2. Waiting for next rising impulse.
Target - 1.272 Fibo lvl extension.
Don't forget about risk management!