TheTradingBasics

TheTradingBasics

placing bids in the box for a reaction of the weekly demand.

TheTradingBasics

if this respected trendline breaks to the upside we might see some moves testing previous highs. Watch BTC simultaneously , chances of breaking lower first. Alerts on both upper and lower trendline.

TheTradingBasics

retest of trendline and bounce would be the desirable scenario. Alert on trendline.

TheTradingBasics

can you break out and put in new highs ?

TheTradingBasics Updated 

chances of testing the box

TheTradingBasics Updated 

anybody feel like trying stuff.... check out this asset and sideways movement. stop loss right below box for moderate upside.

TheTradingBasics Updated 

Daily wick indicates a range change... since there is not many alts to trade right now i'll go with this short for a correction.

TheTradingBasics Updated 

Love you bitcoin but please do correct a bit

TheTradingBasics Updated 

always keep your old TA on charts. Bounced from this level a couples of times and failure in the past can lead to breakouts today ....watch this

TheTradingBasics Updated 

putting this channel on watchlist and waiting to see if we can break out for some new highs. alerts on trendlines

TheTradingBasics Updated 

when is enough, trying a short straddle here. Already pulled back 50% from previous move. Ideally a retest of the breakout level would be the preference. both long and short here, let's see which side works out.

TheTradingBasics Updated 

broke out, came back to touch the trendline... looks like confirmation for another leg up.

TheTradingBasics Updated 

still some way to go to test previous highs.

TheTradingBasics

retest of these levels is how much juice your alts have left to grow. If it doesn't go into bitcoin it needs to flow somewhere else. Hope people understood the concept of market cycles by now... it looked boring to you , did not move at all and you only bought when it was mooning. Well there is your explanation. buy when it's absolutely doing nothing at all.

TheTradingBasics Updated 

2 possible scenarios for this asset. - head and should break to the downside - ascending triangle. Either , get ready and put this on your watchlist and observe the low timeframe for the next couple of hours.

TheTradingBasics Updated 

Doesn't look like much , low volume but a breakout from this channel... risk reward seems ok i'll take.. either direction.

TheTradingBasics Updated 

retest on the box... looks promising ,

TheTradingBasics Updated 

This strong shakeout was being bought instantly. Strong move... If we see a close above the box we have some rather interesting upside and beyond.