ProfitTraders12
Eth - King of alts is still stuck in this ascending triangle, break above and closing above 357 can help it to move to 400 and breaking down the support line can move us to 280. Make sure to keep a stop loss if you open long or short. I opened a short on 357 with SL of 359. Please make sure to comment if you have any good trade setups.
SXP has strong bullish divergence, Limit orders are set and will hold it for sometime.
Ascending triangle on ETH 4 hr charts. Wait for successful breakout and let candle close above 358, once that is closed you can open a long.
Watch this move! BTC can get backup as we are having a bullish divergence with falling wedge.
BTC is holding hard at 10K, we went below it but did not close a candle below it. There are multiple support lines below us and I have a opened 2 long potions, one at 9700 and one at 9600 because they are the strongest support and when the CME futures will open on Monday we will will wick down to close it and will finally move up after it. My SL is at 9450 in case...
BTC has last support on 9700. I will wait for it to hold the trend-line and bounce from there. I will open a long if it successfully retest it. If it doesn't go down there I will open a long if it closes above 10500. Then I will target 10500 - 11200. Please suggest if you are having any other ideas in comments.
I got stopped out twice today, my long opened yesterday also got stopped out and my long opened at 10500 also is stopped out with loss. I am waiting for bullish divergence to enter a long again. Bad day for traders today.
As I mentioned my previous idea, I opened long at 11600 and got stopped out 11530 so my next long was places 11300 which got filled. I will close it 11600 and will wait for more data to open any position. If we maintain 11400 as support and close daily candle above it we will be testing 12000 again or we will go back to 10500 where I have kept a long order placed.
BTC has formed a higher today and i closed my long as mentioned in previous ideas. I will be waiting now for BTC to either close daily candle above 12300 for opening a long. If BTC retraces back 11600 is a good place to open a long with a stop loss at 11530. If BTC goes below 11582 i.e. EMA 21 on daily we will be going to test EMA55 i.e. 11000.
As I mentioned in my previous idea, I longed from 11600 and will close my long at 11900. I will wait to see few daily candles close above 12500 before opening a new long, because rejection from 12000 can send the prices back 11000.
BTC is still under the same rounded top. I still feel it will go down before breaking 12000. Going above 11900 and closes a daily candle above that, will eliminate hidden bearish divergence and BTC will target 14000. Short term 11600 is resistance, if it breaks that we can long from 11600 to 11900. 11200 is major support, if that gets broken we will see...
BTC is forming a rounding top which is looking bearish short term. BTC will pull down to $10400 and will bounce back to $14000.