Volume confluence areas are my points of interest for long term positions, entry on rebalancing areas created due to excess of innerce on the last leg. Need a rebalance to create a new impulsive move
Long term vision ATH’s white rectangle zone of interest
Longs on fundamental catalysts, wait at the mean time
Clear textbook long with price and volume confirmation.
Potential 1:5 RR, awaiting for the catalyst to see a proper revaluation to the upside, synthetix futures contracts would be a decent catalyst, then with a bit more time, just by having half of the trading volume that bitmex has, will be another good way to compare the minimum success needed to be holded for long term. Short term success will be the futures...
With an asset depreciating in price and parachain auctions acting as tokenomic deflationary policy, leaves us a good opportunity to buy when price creates new lows.
Cardado presents a decent risk reward ratio before doing any ath, good point to take partials and let the wave run
Eth2.0 is the catalyst we are looking for in order to get in to the next potential bullish trend.
The red zone indicates the point where 2017/18 bull run started, there is a possibility to start the next bull run here, I have accumulated below 0.23$ so now im just waiting. Good luck
From my point of view I do not have the result of this hypothesis, BTC could go directly to 11,4K$ without giving any pullback to 6k$, I not going to be trading the halving, there will be many people buying on the hype so I expect the institutional traders selling strongly to rebuy again taking better positions before going back to 11,4K$. Looking at technicals...
Covid 19 crisis has produced into the airlines business a big fall in demand, if the company manages properly in order to cover the costs and regain the market share this could be the point where to accumulate or create long positions could make sense. if you change the perspective and check the linear chart any trade makes sense, but from the logarithmic chart...
As we can see the structure that BTC is holding at the moment we can conclude that the profit target for my holdings will be at 9K$, at the same time, the 9k level will be the point where the equilibrium will be found again, and having the halving in few days, I would conclude that probabilities go on bulls to 11,4K$.
Pending order for possible short on XRPUSD, I do not expect to get triggered because I think I have identified the opportunity to get a proper Risk:Reward a bit late but still, I leave this here and then we will see what happen
The original price level, where the price has tested the strength of buyers or sellers is where the breakout has started , since there, the price has came down in straight line, so, a very possible scenario is those professional short sellers have to close the trades with buy orders, making the price go up, taking your stop losses and then continuing with the...
making an update from the previous post i have now to change my decision as another pattern has been identified as a very possible, in this example we have the possible 5 moves penant formation to give then a possible impulse.
As you can see there, I have draw my downtrend channel, so, as the price has left the downside channel and has broken the Lower Lows and Lower Highs structure, we can think that from here the trend could reverse, just an impulse doesn't mean the upside trend has started, so, to get higher probabilities to confirm that upside trend has started I would like to see a...
Convining volume analysis, and price action I think Gold should be making a downside correction