Cup and Handle on DYDX! Do you think it is forming? Or just a fakeout?
Should be interesting to see what happens in the next couple of weeks regarding this...
Entering long for the next couple of weeks before 16k breached Ribbon says we are in a bull market be a bull
The market sentiment seems bearish thus you have to go where most traders will lose LONG!!!
RSI has some support at the 46 region I believe we will see a bounce at that region upward The 5 Elliot wave count has finished using the Dips to each time the 21 day MA was breached After THE PRESIDENT of the USA tweeted negative it did not move the price that could have been the catalyst for downward movement but it wasn't that is why I believe a move upward...
If this trend line breaks I will insert a short If it holds I am putting in a long
Any thoughts on this? I do not think a move downwards is probable with the RSI being that oversold and the rest of the indicators seem oversold
This trade is based on the RSI being on a resistance level @ around 46 and every time it has reached there we have seen an upward movement We are in a bull market act bullish! 4H shows oversold level should be a good entry for a long
Near an all-time high and RSI seriously oversold Will increase position @80 on the RSI
Bullish Divergence forming in the 4H chart There seems to be some resistance at the 21day moving average