BTC is ranging right now. If everyone’s honest, nobody knows what it will do next until a breakout. Until then $45kish short, $42.7 long. Pretty simple.
Reversal inevitable here in my opinion. Holding in fib retractment zone for entry perfectly as well as bouncing off the resistance trend and seeming like will break out of the higher trend line, flipping with that now becoming the bottom.
Double Bottom support. Strong Upwards momentum with MACD signal very bullish.
Starting with this here I’ll be posting every trade I enter and why for the next 30 days. Winners, losers, perfect plans and bombed trades all for display. Attached here is my chart on CRYPTOCAP:SOL that I’ve been analysing and following the last month. Posted on the 1H timeframe, but I suggest using the 4H as a long term perspective to help understand my...
Trigger activated short. As shown once price reaches trigger, the short order is activated and will be filled on retraction confirmation of a trend reversal.
Closed previous WOO long. Ran even further then expected for the first stage, indicating will close the week strong. Trigger setup 24 hours ago, .5 retractment from top meeting an ongoing trend line cross.
Intra day Solana long with reasoning. Basic trend lines, flips and hold at crossover with continuation up. Will close if rejected X 2.
Long Position Snipe. Basic setup using Fib retractment .5 as entry and bounce from the daily chart.
Entry on .5 fib retractment from the daily chart, snipe precise entry. Will bounce quickly, entry via wick highly likely
WOO snipe precise entry on .5 fib retractment from the daily chart. Will bounce quite quickly, entry via catching a wick likely.