Same as my previous eth entry, i have been awaiting the price action to decide on some direction, volume, orders, etc are still hanging, but finally we are seeing a bit of releif regarding the formations, i think we are gearing up for another move to upside, unsure of how far, whether it may make it past mid 48k levels. For me i have been accumulating position...
Have been awaiting a decent entry most of the day, it is now seeming to cool down and seems as though we could be gearing up for a leg upwards. Already staggered a portion entry, however palnning to add more in as the night progresses as we approach and pass the 61.8 level. (green) Enjoy
I had some targets being hit (50%) from previous setups shared on my profile; I have just been monitoring this 6hr chart TA for possible turn around points. planning to de risk around this area... note: this idea shared prior to the last; (BITCOIN LONG potential) Just a note that we hit final 4th target, and then began our decline / deeper retracment. perfect exit.
as you can see back through my history.... this is how i enter my trades, upon fibb retracments. Have been waiting for another meaningful retracment.... and here we have both btc and eth lining up fibb levels. Hopefully we can see serious move up from here and minimal drawdown from here. Allowing leverage traders to get theirs :)
Looking for another entry here on the fibbs... awaiting volume and support.
Got this intresting setup here.... some trendlines / support... co-insiding with fibb levels and longer term support / resistance.
Looking like BTC has finally worked itself out here, for the past few days now there has been immense selling pressure, the volume has been large and btc slowly bleeding failing to hold any lower tf levels, zooming out we have a final fibb retracement that seems to be stimulating price, on the lower timeframe (1hr) i have witnessed a deep downward countertrend...
Here we have a serious privacy coin contender... everyone is so hell bent on privacy coins, yet dont operate a simple VPN lol, The best way to get hold of this coin would have been to get involved in the Kusama parachain auctions, i think they were giving 125 PHA for one KSM put forward, now if you are staking KSM, then its a great move... eitherway, PHA is the...
Bitcoin trying to work itself out here...
Potential small short position here, havent gone too mad with the risk, if this break to he upside on a 4hr candle then we could re look at this one, however we have divergence, trendline break, and right on a 4hr trendline, we could see a slow 'mosey' on upto the trendline and try to break it but time will tell. lets see!
We entered this back in 2020, rock bottom prices, but the last entry i shared on trading view was insane... as we caught a potential pump and dump (labelled by public) for me was a breakout run, then a long retracment due to lack of volume . The crypto vigilante subscription shilled it up weeks before they released this 'report release' - then when they released...
This beautiful range about to blow to upside, awaiting this to breakout but already the fibbonacci providing profits on the sidelines... If bitcoin can remain above 40k then we could see eth rise up through this area of resistance and could see volitily to the upside.
Why ANYONE would want to invest their money because of Elon Musks tweets are beyond me, anyone with any price action experience or trading knowledge can see what the deal is here, i dont have acces sto all tweets, but this is enough. Be careful about trading of some 'tweet' or something you read...
Internet issues! loool. Managed to enter, but not post the exact entry....OH WELL! :)
Am posting these signals here for now so i can keep track on results. There are divergences and trend break, usually, a move to the upside will follow. Will be back when a move happens.
Lets see if this small trendline holds.... Good trade entry...
Lets go Divergence, hope im not too early.