I've placed some longs from 30.20 to 30.834, stop loss under the previous mins (big volume level) and target near the next price congestion
Target and stop loss on the chart. Thanks for the guys who're supporting me cheers
As mentioned in the related idea, there was a huge rectangle breaked out with a long pullback , long positions around 9850 has been closed on the levels in chart @ 10600. Trading is freedom , make money and spend time with your family !! Life is one.. cheers
We are in a strong congestion from 9850 to 9250, which has made up a little rectangle on H1 chart, on the chart my analisys. Cheers
The previous analisys was pointed out a short trade on the weakness of BTCUSD below 9505 . As i said, the levels showed up in the chart have a big importance in terms of volumes and volatility, the area from 9500 to 9300-9250 presents a big congestion and should be a way to distribute some contracts and follow the long period downtrend in act. But, there's the...
Sell under 9505, target as in the chart. If the breakout will not confirm by the volume, it will be a nice level for an end-of-week pullback post-poning any other short scenario. I see many interests on these levels, but i tend to execute short trades since the long period features will remain in bear-situation, so decreasing minimums, price below regression on...
As i said in the last 2 BTC's analisys, where i've build a levels map to identify the interesting levels area as dynamic support and resistance, i've a clear short view from 10.800 based on several long period patterns which are showing much more realative weakness than relative strenght. Long period approaches presenting a nice and wide bear channel coming from...
1-2-3 Low inside a big rectangle linked to 2015's maximums
Following the key level map on H4 with some momentum
All on the chart
As you can easily see on the chart, ETHUSD represents an important test of a Long period Key level in 950 area with a volatility tecnhinal pattern confuguration. It's a compression, we will see what happen analisying derivates and other lower-timeframe momentum patterns, to properly take a decision. PS: BTC doesn't matter
Momentum signal based on a 4H chart, taken with H1 to improve the timing precision
In the chart there's an overview with the most important levels in terms of volume and price action on LTCUSD currency. Now we're on the 50% of the previous down-leg, so i think that given the correlation with BTCUSD the pair should make a retracement after this 50%'s pullback, only if his son BTCUSD confirm and continue with the bear trend in act.