US30 (DowJones). We are in a tight 350 point range for the last week. Will long above upper black and short below lower black. Keep it simple.
We are in a range between $15.1 and $16.5 currently. If we break $16.5 I can see $18+ again. If we fail $15.1 I see a drop to at least $13.1. Neutrual right now until I see a level hold as support/resistance.
Bitcoin Update Bulls: Need to claim $11,940 Bears: Need to claim $11,700 Until then it is in a tight range and choppy to trade.
Just keeping it simple. Stop sells at black line for a 50 point scalp. Nothing more nothing less. Layered profits from 30 to 70 points
Shorting Chainlink is suicide right now. We are in full price discovery.. This is how I'm playing the levels and will re-evaluate if we drop back to lower blacks outlined below. Always a good idea to take profits at this level or tighten stops and reenter.
These bitcoin rogue wicks almost always get revisited at some point. This one at 8.6k back in early June will more then likely at some point as well. When we do let's hope she holds.
Failed. Should have shorted ~11.8k larger.
Bitcoin. Make it or break it. We are getting close to my targeted resistance of 11.8k......... If we make it there we break and we push up IMO. If not back down we go. Stay safe.
Bitcoin right back in the range I had mapped before the break out. Rince and repeat. Conviction up I'll long and short I'll sell. Caught about 20% of that rogue wick back down yesterday. Unfortunately had my take profits set a tade early........... Did not expect a 1.7k wick :-)
Will be longing a clean break above upper blue and shorting with a clean break below lower below. As always keep it simple........ Other then that take profits as it moves in your direction.
Just please place your stop currently at or around the red line Will try and update every 12 hours live. Don't risk it, you made a killing. Always the next trade :-)
Looking to short under black. This was an extremely weak last push up. I'm assuming we come back down. I have my stop entries set accordingly if black breaks.
Long above upper black Short below lower black Keep it SIMPLE
Always take profits on the way down but we are against heavy resistance here around the 27K area.
Long above "upper black" or short below "lower black." Don't over complicate your trading. Keep it simple and stay patient and take profits and move stops when the market moves in your direction. I have my stop orders in place. Join me in trading it on PrimeXBT. Feel free to DM me for a referrel link and 50% off trade fees. Cheers and happy Monday!
Bitcoins price action is starting to remind me of the 6K break in November 2018. Whales have plenty of fuel and ammunition at this point. Just which way will we break? Both about a $800 range.
XRP and a great 6% move over the last 2 days. My momentum indicators are turning red and looking like it needs to retrace a bit for some more fuel. Lower black holds, I think we get a nice push up past local highs if bitcoin behaves.
Chainlink is gaining momentum and I'm looking for a push up with stops under black. 1H and 2H time frames are looking good for a nice run back up :-)