BINANCE:ETHUSDT Possible scenario 1. Short near the top of possible triangle with tight SL 2. If it break out of the channel / 1H 50MA , it could be forming a triangle, if so LONG bottom of triangle 3. Or downward channel could be forming, LONG bottom of channel near 4H 50MA I am bias toward 1 then 3
-Expecting good reaction in the green box -Its only 3% of distance between current price and green box, but imo BINANCE:LINKBTC is at support or have another 7% drop to reach next support zone, BINANCE:LINKETH has another 5% to reach next support zone. -Another thing to keep in mind is LINKBTC and LINKETH is free falling below D200MA, so its risky -If LINKBTC...
BINANCE:XRPUSDT 2 Possible upward channel found, could not decide which to use. Going to watch this closely. If it drop out of the smaller channel will assume it will tap the larger channel.
BINANCE:ETHUSDT Currently consolidating in a Triangle. Waiting for possible trade: 1. Long on triangle break up 2. Long at bottom of triangle with a tight SL 3. Long after breakdown, takeout some stop and regain range I prefer setup #2 or #3
BITMEX:XBTUSD Assume upward channel in play. Already in a breakout trade, will add if it get to buy zone.