This is one of the two bullish scenarios that are possible for Bitcoin
Buy after retest of DOWN TREND or after breakout of "1W" candlestick outside the Trendline. Sell after retest of TREND 1 or after breakout of "1W" candlestick outside the Trendline. Technical traders generally use divergence when the price moves in the opposite direction of a technical indicator.
A bull flag pattern is a chart pattern that occurs when a stock is in a strong uptrend. It is called a flag pattern because when you see it on a chart it looks like a flag on a pole and since we are in an uptrend it is considered a bullish flag. When should you trade a flag pattern? A flag chart pattern is formed when the market consolidates in a narrow range...
I think there are two scenarios for Bitcoin #BTC A: The first scenario is a return from the bottom of the channel to the top of the channel. B: The second scenario is breaking the line from the bottom of the canal and starting a bear market.
If the candle does not break the canal, you can enter How do you know when to enter and exit a trade? The safest strategy is to exit after a failed breakout or breakdown, taking the profit or loss, and re-entering if the price exceeds the high of the breakout or low of the breakdown. The re-entry makes sense because the recovery indicates that the failure has...
How do you know when to enter and exit a trade? The safest strategy is to exit after a failed breakout or breakdown, taking the profit or loss, and re-entering if the price exceeds the high of the breakout or low of the breakdown. The re-entry makes sense because the recovery indicates that the failure has been overcome and that the underlying trend can resume. If...
An uptrend line is a straight line drawn upward to the right that connects 2 or more low points. The second low must be higher than the first for the line to have an upward incline. Uptrend lines act as support and indicate that there is more demand than supply, even as the price rises. entry after retest uptrend line. A retest refers to prices reversing direction...
A break and retest strategy happens when an asset makes a bullish or bearish breakout and then retests the previous resistance or support and then continues moving in the original trend. Buy on the pullback after breaking the downtrend line
Hi everybody, Here we have the "Lina" on a "1W" time frame, we have a double bottom and ... and in my opinion on why I think it could be bullish for technical trading.
Buy after retest of Trend 1 or after breakout of "1D" candlestick outside the Trendline. Sell after retest of Trend 2 or after breakout of "1D" candlestick outside the Trendline.
Hi everybody It's Coffee Time How to Enter and Exit This Powerful Pattern 1: The Cup and Handle 2: Entering a Cup and Handle Trade 3: Setting a Stop-Loss 4: Picking a Target or Profitable Exit 5: Considerations
Hi, The market is looking extremely bullish . Bitcoin weekly candle close above $61,500 and this is the highest weekly candle close ever in Bitcoin history. This shows that bulls are in control and they want to continue the rally.
If a pattern is formed, Based on Strong Price Action, I think the trend line is a good place to enter
t's important that traders wait for the pattern to complete. The most common entry point is when a breakout occurs—the neckline is broken and a trade is taken. Another entry point requires more patience and comes with the possibility, this method involves waiting for a pullback to the neckline after a breakout has already occurred.
It's important that traders wait for the pattern to complete. This is so because a pattern may not develop at all or a partially developed pattern may not complete in the future. Partial or nearly completed patterns should be watched, but no trades should be made until the pattern breaks the neckline. For the inverse head and shoulders, we wait for price movement...
Buy after retest of Trendline 1 or after breakout of "1W" candlestick outside the Trendline. Sell after retest of Trendline 2 or after breakout of "1W" candlestick outside the Trendline.
The most common entry point is when a breakout occurs—the neckline is broken and a trade is taken. Another entry point requires more patience and comes with the possibility that the move may be missed altogether. This method involves waiting for a pullback to the neckline after a breakout has already occurred. This is more conservative in that we can see if the...