Retrace to long term tren line with a 2000 shake out candle Retest of the daily long term trandline. Tapped the 61.8 fibs Bullish divergence on the 1 hr with a breakout on the 5 min after retest. Entry-52720 SL-52372 Good entry unless stocks continue to crash dragging everything down with it.
SNX retesting the monthly support after being smashed for weeks. SFP forming with a breakout on lower time frames. Additionally It has retested the sloped trendline. I am awaiting bullish divergence before entering Fundamentally SNX is an unreal project with a great team and community so no bad for along term hold. Entry-7.71652000 SL-7.08133000
Strong Bullish candle on on daily support and between the 10 and 20 day MA. Breakout on the lower time frames. Plan is to scale in continuously where i can and move SL behind each retrace. long term Target is 7.106
FTT has recently broken the down trend on the daily. It has established a lower high though the daily 10 and 20 MA hasn't crossed yet. I Have once again looked for entry on the lower time frames and found a breakout pattern testing resistance at the 58.80. I need to be weary as the price as wicked above this price previously. Entry 58.8 T1- 62.353 T2- 65.702
On the daily EOS has broken the down trend be has retested the support. The retest has hit the 31.8 on the fibs. For my entry I have used the 4 HR and look for a breakout. This has tested reistance 4.76800 3 times. The downside is there is no convergence MACD and MA.I Am using the FIBS this time to set my T1 and T2. Entry- 4.768 T1- 5.088 T2- 5.48750
How's it going everyone thought id share my trade idea. I've been looking into coins that havent really pumped over the last few days and YFI is a huge standout. Fundamentals on YFI havent changed and as per Julians Dobrics post with the rollout of uniswap V3 this could lead retail investors to look for other options to yeild opertunities. Technically YFi is...
BTC holding support at 30000 if we break here I believe we will hit the 26230 mark which is a test of an old trendline and will be at the 61.8 and 50. cluster fibs mark. This will also put BTC in the cradle zone between the 10 and 20 MA on the weekly. What i'm looking to enter a trade for is a retest and rejections at 34580 which will confirm a descending...