A breakout and Retest of Daily RSI Resistance is a Big Bullish sign for me. Some fundamental catalysts may push this up as well. Buy: $0.20 - 0.25 No target as it's hard to say with this coin, but at least 50% IMO
Buy: $1.48 - $1.55 Stop loss: Close below horizontal resistance Retesting the previous all time high
RSI Trendline Support holding it up with a clear divergence. I understand that they have been minting a lot of coins but I also know that it won't go down forever. Buy: $0.06 - 0.062 Stop Loss: Close below RSI Trendline on the 2 Hour Time Frame
I'm using this as a hedge against my open longs. XRP is clearly wicking at the top with Squeeze Momentum Slowing down. Short: $1.04 - 1.06 Stop Loss: $1.08
Buy: $0.035 - $0.0375 Stop Loss: $0.0325 Its been down for a while, so if BTC acts accordingly I think it'll pop soon
I've been saying this for weeks and we finally got it. After getting a Retest of the Daily RSI Trendline I see two scenarios playing out: 1) We get another retest which would bring us to the low $40,000 OR 2) We go up from here and retest the curved resistance (where we dropped from earlier). Both scenarios bring us to the RSI Daily resistance which we...
This area is key support for LTC and I think it will more than likely bounce. Buy: $147 - $150 Stop Loss: 4 Hour Close Below $145
Buy: $59.50 - $60.50 Stop Loss: Hourly close below $58 I am targeting a 20% move to the trendline or a move up to RSI Trendline resistance. Which ever comes first, after that I'll revaluate
I'm not bullish or bearish. As long as we maintain above the current RSI Trendline support I will stay away from shorting but will look to add if we break down from the current area and retest the RSI Trendline. Bit of a waiting game at the moment
Short: $44 - $45 Targeting: $38 Closing Trade on Hourly Bar Close Above $45.5 It may not get there but that's fine, let the trades come to you not the other way round
Tesla held well during the dip but the bulls cant fend of the bears for too long. I'm expecting a large drop in Tesla is you fail to clear $780
Short: $33.50 - $34.50 Stop Loss: Hourly close above $35.00 This is more a hedge against my existing longs than anything else
Buy: $0.95 - $1.00 Targeting $1.25 but I wouldn't be surprised if this pumped more than that
I've been posting this trade idea for the past few weeks, I hop you listened. Next we will consolidate, with the potential of more downside, with the target being the Daily RSI Trendline or $30,000 which ever comes first
I've seen a lot of posts about how we just got a golden cross on BTC. I never use moving averages in my trading mainly because its a lagging indicator. Here's an example where the seemingly Bullish Golden Cross got people rekt. I'm not saying its going to happen but we as traders should be prepared for anything.
If we close below daily support at these levels its not looking good for DOGE. Bulls need to support these levels otherwise we could have a Head and Shoulders. TBH I don't think it will break down but anything is possible
I've been waiting for a retest of the RSI Daily Trendline and we are just about to get it. I am medium term bullish if we hold above that.
This seems like a good scalping opportunity for oversold alts. May look into building a short position depending on how BTC Reacts to the trendline or if it retests the previous horizontal resistance