Proceed with caution when shorting crypto. The MACD suggests weak buy volume on the 1hr TF and is facing a potential cross. We will be mindful of the HTF as we are on an uptrend, and volume can flood in. The BB is expanding. Note that every time the BB expands too much, we touch the Middle or Lower Band. We also have a channel that suggests we may retest the...
Note on this uptrend that the BB widens, and price action takes us to the middle band, And it seems to be a rinse and repeat the cycle until proven otherwise, which is why I will not be adding to my short position(see previous AXS ideas) here. The BB seems to be tightening. Bear cross on the MACD daily time frame. Sell volume appears to be picking up. However, we...
****CHECK FOR UPDATES **** always look for updates on my ideas. Simple quick on the go Idea. Expecting a fake-out before any actual move (without expectations) and keeping a close eye on the MACD for a potential cross. BB widening big moves are associated. Using a tight stop here Best wishes, HONEYITSGONE!
Today we will provide an ETH/USDT analysis. We are in a nerve-racking area, and if you are unsure how to play this, we provide potential scenarios (never take a position solely based on a chart you found). View some of our other ideas if you have time. Also, please leave a like, follow, comment, and share if you watch or enjoy this. Best wishes, HONEYITSGONE!
Good day. I hope you're all having a wonderful morning. We are providing an analysis on AVAXUSDT. Would you please leave a like, comment, and follow if you enjoy this scenario?
Hello everyone, HONEYITSGONE over here with a quick analysis on AXSUSDT. This analysis provides a potential bull/bear scenario and how to trade the range. Essentially we wanted to post this earlier but fell asleep. I hope you enjoy this content I would appreciate it if you please leave a like, follow, comment, and share. feel free to ask me anything related to...
**ALWAYS READ UPDATES*** If you are following my ideas We adjust the scenario to fit our bias. AXS is still in bullish territory and we have noted the bullish structure on the 1D TF. I am using a S/L with room we are not using leverage). RSI on the 15TF is seems to be bearish. MACD cross is still pending on HTF, however on a LTF we are in bearish territory. Not...
I took a long scalp/ daytrade I will also DCA into other entries( Not using leverage) and had enough time to chart it. Be sure to adjust the scenario. Firstly I am still a short-term bear (see my previous AXS idea) Macd in bearish territory but believe we may see volume towards the close as we have been lately. The BB is expanding, which is usually associated with...
This one melts faces. AXS has been consolidating beautifully within the range. We are currently sitting in the middle of the range. Entry 1, Entry 2 are different short scenarios with the same stop adjusted. Looking at The MACD, we are attempting a bearish cross (red circle). Buy volume is slowly dissipating but can fly in at any moment. However, nothing is...
Always read/ check for update comments as I might change (no Obama) something in the idea. We broke out of a consolidation phase, had a backtest, and broke resistance. The question now is, can we hold support? I am accumulating a short position within the rectangle "building a short position in this rectangle" and attempt to build a leverage position. ADA is...
Not financial advice its CHADVICE I was hoping you could take a look at my other idea and show love. This idea relates to the link of my LTF XRP/USDT chart that I published. Go on and take a look. You could try a short around $1.1240 or around $1.18 with a tight stop that best suits you if you missed the initial entry. A better idea would be to wait for a...
We are trading the range on the LTF and looking for a potential scalp. There was a bear cross on the MACD, and selling pressure seems to continue, but I am also mindful that it can change. BB suggests the candles can hug the lower band until solid support is found. There was a break in the structure. Entry 1 and 2 can provide an alternate short scenario. be...
******* IMPORTANT**** I started building my short position from $3120.00 I may have tapped the undo button by accident because it shows my rectangle starts below $3080. I rushed my chart and did not review it before publishing it. Let this be a lesson. See related ideas for proof. I planned this short last night but did not chart it until moments before. I...
Shorting crypto is dangerous and usually leads to HONEYITSGONE. Building a short position here as we are on a downtrend, I expect resistance to reject us. I am using leverage. Therefore, I increased my risk. I have taken note that the bearish cross on the MACD can flip bullish as buy volume strengthens. BB%B shows we widened too much. BB has widened and begins...
*Always read updated comments even if the position is closed. The analysis is an updated version of my previous idea (wrong timeframe, but the argument is still valid). See my last ETH/USDT idea before reading this. You can also check out my other ideas, which have paid off well this week. Make sure to read the updates. ETH/USDT 60min TF Firstly, There was a...
*Always read updated comments even if the position is closed. The analysis is an updated version of my previous idea (wrong timeframe, but the argument is still valid). See my last ETH/USDT idea before reading this. You can also check out my other ideas, which have paid off well this week. Make sure to read the updates. ETH/USDT 60min TF Firstly, There was a...
Quick and straightforward idea. Don't enter this if you are worried about a loss. This risk-to-reward scenario works well for me, and I am willing to take that loss. Firstly you typically wouldn't open a short here but wait for a break in the structure. BB is tightening. We can expect a move to the up/ downside. I am mindful of buy volume, which seems to be...
We are looking at ETH on a longer TF. If we can't hold this area, we can expect to fall as low as $2445.00 before finding relief. However, if we break above the stop, I will consider a long to $3200. MACD Cross on the LTF bearish momentum. We need to see some buying volume here. BB%B shows us we can come down more. BB may have widened too much. We can see a...