Have not really spent much time here but most of the charts I have looked at today are showing a bearish pennant, the time for shorting I fear may be here soon at least for now. We will just have to wait and see what bitcoin from what does honestly, I learned bitcoin leads the way, unless someone can tell me why that's not true I will always believe it.
As I said this chart analysis will blow your freaking mind , For starters this chart is making me sweat and Iam sure it is driving some of you beginners crazy. So here is a little cheat code for you to consider. As a learner of the skill, I am dedicated to helping my fellow novices not make potential mistakes. I would have you know I am a very busy individual...
Although yes, I know I am being negative with this play with the Bitcoin Bullrun going on but hear me out. Doge took off two days ago and is still rising my only issue is that I sold to early, but I am happy that I took my winnings when I did. Anyway, this can go either way I am fully aware of Solana ability to perform well. But I have seen Solana perform terribly...
Here we saw a bull flag, but we confirmed entered the trade and now we are up I hope this actually helps, rather than hearing about whales and bag holders all day. But I hope I am simplifying this enough for beginners to understand. As I am learning myself. It sure beats listening to people complain about bag holders and whales and such.
I am seeing bull flag form. Although it is on the daily chart we know from history and with all the craziness that's going on it may rocket up
Although I am out of the trade, I took my profits I still like to see what else is going on I may Re Enter but not really, I am too into what going on with DOGE right now. But look its following what I think it might do. But that cool too.
I saw a cup and handle yesterday so I took advantage of the rise up, exiting might try half let it run then get then exit the trade, but this is what it looks like so far, I think there will be more a bigger climb up.
I'm staring at this chart and I don't want to b that guy that is a negative but bro. I think this is absolutely screaming in my face that its going down
I closed out my last position early this morning like 1am (mountain time) too huge profits, I hope these updates are helpful, they are for me to make sure I stay in my trades. I am using this post as a way to document and journal my journey through trading seeing what was good what was bad. As I begin to learn more and more, I will probably do more complex...
I made this play a few weeks back; you can see my old post on it here for anyone following.
SO far its going exactly as predicted we are looking for it to bounce off support trend line.....NOT FINANCIAL ADVICE.
So, if you're following me from the last time, I posted it was a few days ago, so here is where I stand, I put in a trade when I saw the reversal where I made the mistake was, I got happy and put the trade in too soon. I should have waited for another candle or two before submitting but we'll see I think it will go down to previous resistance or the trend line....
I put everything in the video, feel free to pause it and make comments, I do not like to go down the whole "THE WHALES wah wah wah!" Routine. This information is strictly based on everything I have learned as paper trader. This is a paper trading account, and This is how I am choosing to journal and track my trades. This is a learning moment for me as...
I think it will fall due to the false break out and I think it will create a new resistance or test the old one before making any more significant runs I do not think the bull run will continue. But I guess we will see. Feel free to let me know in the comment section I will engage.
I see Ethereum consolidating and it may have a potential break out feel free to let me know your thoughts.