That is Bullish Divergence, correct? I think so... but I am just so happy to see some lifeblood finally pumping through a few of these assets. Crypto is the way forward. I would like to note the Low, the secondary low, and finally the third low. All text-book on this 1hrchart. This is a hopeful sign and as many have pointed out SOLUSDT is a bargain... but is...
Note: I used the ATH for the beginning of my date ranges, where as others have used the two capitulation events. The start dates are subjective but the idea I believe is sound. First... thanks @enTHUZed. This guys streams have been helping so many fortunate traders as of lately (9am ET every morning), so thank you... and it is with his strength trading system...
I wrote in an earlier idea that I was considering Shorting AAPL... well, I never opened the position and I am now glad that I didn't. The overall bias is Bullish so my earlier idea was obviously trading against the trend, which I am not comfortable with. I went ahead and pulled a FIB Retracement off the ATH and the 200 Day Moving average. This pullback landed...
I do not short the market much. Because I believe it takes an entirely different set of skills than simply entering a long position. One thing I have learned is that you can't simply enter any position just because you "Feel It". Apple has been seeing gains while other FANG stocks are seeing loses. Can Apple's new products really justify the 3 trillion-dollar...
Did you know the most explosive moves in any market are the result of price pattern breakouts such as Bull Flags and Bull Pennants? According to BYBIT "A bull flag is a technical pattern that provides an accurate entry to participate in a strong uptrend. Many professional traders use this continuation pattern to find the optimal place to trade with the...
On the 2hr chart you can see that GASLA is trying to break through .55730094 approx. I pointed the arrows at a few places where the price action already either got rejected or was a support level prior making this resistance a bitch to trudge through. Let's see what happens, but GALA is setting up for a potential run. Let me know what you think. Not financial...
MANAETH has a nice support at .0008201 So, if I were to open a long position at .000845, I could set my stop loss at .00081 and worst-case scenario I am at a 2.8% drawdown. If and when the price moves up, I will then adjust my SL to breakeven and let MANA do the rest. I hope I don't need to tell anyone that I am not a financial advisor. I am a beginner at trading...
Not sure TA matters in the face of a Zucking... but, I still believe. If the uptrend continues, which I believe it will, this could be a $10+ coin. Not by tomorrow though, so be patient. A nice Buy order can be placed around $3.12. Side Note: Not sure if I will ever use a sl again on Binance, I highlighted the reason why, when the price action really gets heavy...
I just started trading on KuCoin and I have to tell you I have been stoked so far. After being stuck with the BS options here in the US I love trading all these new pairs. I have 1 leveraged long with ETH but besides that I am sticking with the Spot Trading. Thanks to Trader UltimateKnowledge and his ideas I started looking at KuCoin. Anyhow, if you are reading...
As you can see on this 30min chart Shiba made it past the .000027 resistance I shared about earlier. I re-entered a long here... we are still in an uptrend so I do believe an ATH is on the way. FYI for all SHIB data check other brokerages charts as BinanceUS will only show you SHIB since they listed the asset. Also, as I am not brand new to this shit. I do have...
if we can not get past .00002712 the we might fall back to .000021 approx.. That might be a decent Buy area for paper trading. However CCI is strong at the moment indicating that SHIBA can power through. Let's GO!
I have been watching KNCUSDT for awhile and it has a semi-predictable pattern. It's easier to see on the daily, plus I got my TP's from fib and would actually feel out where the momentum would take price before taking profit. But I am just fkn around any way between classes. It's not like I am in Cordoba!!!
Noticing a relationship between COIN and BTC. When BTC pulls back so does COIN.... just sayin.