TFW you missed your first target by 4 sat... Went long on the breakout at 376. 1st target was 346 lmao
Price broke through the 1H OB and closed as a SFP. If we do break it expect a strong reaction at 198 or we will see 188. Be careful with Alts as it will erase last days gains if it drops more. Not in a margin position rn for ETH i'm waiting for the 4H to close.
One of my long term play. I caught the "generational bottom" mid august at 0.0000848 and holding since then. A lot of bullish catalyst coming this month with main swap, token burn and apparently staking. Currently considering adding here with a first target a bit under 2756
Breaking up with volume. Added a bit at 1087 (with a SL in case this is a fakeout - still keeping the first bag from august). See long term analysis for targets. Plenty of room to go up.
Currently still in accumulation but volume is catching in. First target is a 600% move.... Will detailed with a 1D chart but I think it's important to look at the bigger picture first. Decline from ATH is a bit above 90%. I have obviously a SL as it can still dump to 0
So we had a daily close above the OB which is bullish. 6417 is now support so I'm still bullish and hodling a long from yesterdays close (SL a bit under 6400). USDT is back to 1USD but there is still a nice premium which is not bullish but Bitfinex' banking situation seems to be clarified so no reason to have a pull back. If we do I'll long a fat one around 6200.
So I find this chart cleaner than the finex one. We had an extreme wick to 220 instantly rejected like BTC at 6818. However price is finding decent support at the 4H OB, I don't want it to break back into the OB and range again. It's a long opportunity to me with a very very tight SL. If BTC maintain itself above 6365 we will slowly grind back into the upper blue...
Hate this premium as we have to chart every exchange now.... Still bullish if we close above 207
PA was insane today and I made on of my personal best trade. There is no need to rush or FOMO into another trade right now. The daily close will be telling a lot. We need a close above 6370 to have some continuation. If we successfully break 6818 and have a 4H close above (I'll even take the 1H), we can go up to 7400. A daily close under 6370 and we will revisit...
Price is currently in the bottom part of the 4H orderblock. The reaction seams weak for a large dump and buyers are not kicking in. However, I'm still long as we did made higher low since the dump on the 1H and 6K IS still acting as support. As traders we have to ignore emotions and this is a long set-up for me so let's do this ! I don't mind keeping this...
Let's try to long the retest. I want to see volume but it's the week-end so there is a good probability that we chop until monday
If BTC doesn't pump it don't see TRX going above 376 Had a tiny long from 355 but don't feel confortable sleeping on this while BTC is still is the 4H OB. I will long again between 355-345 with stops under 330
If BTC doesn't pump it don't see TRX going above 376 Had a tiny long from 355 but closed it at 375 as I don't feel confortable sleeping on this while BTC is still is the 4H OB. I will long again between 355-345 with stops under 330. It could clearly be a retest of the resistance after a fakeout and dump to 270-300
Let's start with the daily Chart. The dump was awful as I really didn't expect this crazy PA. I succeeded to make a decent gain shorting ETH on from 219 to 202 (I could have close so much lower but with the Bitmex crazyness I'm just glad I didn't get fucked by the overload. So we did broke every support in order to go straight to 6K. I like the reaction we had...
I'm not gonna lie it's not looking good after yesterday's fakeout but I'm still not shorting here. This PA is very interesting as I think it was a stop hunt and there is still a good support just under current price. People who shorted the breakdown below 6520 are now in a very inconfortable position and will soon be forced to exit their trade. BB are so tight...
Obviously we need a nice daily close as the day is not finished but I really like what I see. Updated the 4H chart from previous Idea but the 1H PA is showing sign of a small retest getting insta bought. So pretty bullish for #POLY if #BTC doesn't mess it up.
The red trend line is the upper side of the meme triangle and bearish trend. The 1H looks like a breakout then retest. I'm long and probably will long ETH too (need to look at the chart). It could be it guys !!! Don't forget to use SL and appropriate sizing for your positions, it could be a fakeout.
Even if we are currently at resistance, I really think we can break out. PA looks like accumulation to me. First target (if we break the bearish trendline) would be in the next blue zone. SL under previous low.