market conditions seem to switching to bullish. looking for this market to overtake 26500
took a few days for the short setup to finally move and it was all over in a few hours 🤣 waiting for a pullback to do it again
a prominent head and shoulders pattern has taken shape, with the price currently positioned at the pinnacle of the right shoulder. This pattern suggests a potential reversal from the prevailing uptrend, as the right shoulder's formation signals exhaustion among buyers
atr tanked but is still in the 600s. short are still holding
sometimes you have to double-check to see if your day trading targets are even realistic
The daily Average True Range (ATR) for Bitcoin (BTC/USD) is currently hovering around 675, indicating notable price volatility. With the current market price at 26,591.75, traders can employ the ATR as a valuable tool to establish a day trading range. This range can help offer insights into where price action may unfold during the upcoming trading session.
A bearish BTC/USD trade idea as Bitcoin faces resistance at key technical levels. With recent price fluctuations and diminishing bullish momentum, a short position could be strategic, targeting potential support zones for profit-taking. Monitor the evolving market conditions closely and implement effective risk management to capitalize on potential downside...
(9/22/23) the daily average true range tells us that we can expect to see BTC trading within a 700 point range
This trading strategy leverages the 0.618 Fibonacci retracement level as an entry point and targets the 1.618 Fibonacci extension level as a profit objective. The 100% retracement level serves as the stop-loss. A simple 1:3
In this video, we'll guide you through the process of utilizing the Average True Range (ATR) indicator to establish a precise day trading range. Discover how this powerful tool can help you gauge market volatility and set your entry and exit points with confidence. Enhance your day trading strategy by mastering the ATR indicator for improved decision-making. ...
This trading strategy leverages the 0.618 Fibonacci retracement level as an entry point and targets the 1.618 Fibonacci extension level as a profit objective. The 100% retracement level serves as the stop-loss. A simple 1:3
This trading strategy leverages the 0.618 Fibonacci retracement level as an entry point and targets the 1.618 Fibonacci extension level as a profit objective. The 100% retracement level serves as the stop-loss. A simple 1:3
This trading strategy leverages the 0.618 Fibonacci retracement level as an entry point and targets the 1.618 Fibonacci extension level as a profit objective. The 100% retracement level serves as the stop-loss. A simple 1:3
This trading strategy leverages the 0.618 Fibonacci retracement level as an entry point and targets the 1.618 Fibonacci extension level as a profit objective. The 1.618 extension level serves as the primary profit target, while continuous monitoring and adjustment are essential to maximize potential gains while minimizing risks
This trading strategy leverages the 0.618 Fibonacci retracement level as an entry point and targets the 1.618 Fibonacci extension level as a profit objective. The 1.618 extension level serves as the primary profit target, while continuous monitoring and adjustment are essential to maximize potential gains while minimizing risks
matic/btc is sitting at range low and giving bullish signals. watching this one for sure!
candlystFX will be transitioning into crypto trading. starting it all off with a long btcusdt play; looking for continuation after that impulse move
if we zoom out the HTF charts 0.063 seems like next area of heavy resistance..