GBPUSD had an opportunity to use this level as resistance but failed to make a new low. Looking to take this back up into the next zone. settling for a quick 1:2r since htf trend is still bearish
As we see many of the alt coins starting to make some headway we know many Alts will follow suit. Finding ones in the top 50 that have yet to push are ideal setups. XRP is one of them.
LONG ADA @520 SATS
As we see many Alts starting to run pre Alt season we can expect many to follow suit. Finding ones that have yet to run within the top 50 are ideal.
Btc broke down below its descending wedge today. Its either a confirmed breakdown or its a fake out before the breakout. With the EMA death cross approaching, which could be set for the week of thanksgiving at this rate, it seems the bears will have control. To avoid the death cross btc would need to reach 10k+ with momentum and hold its gains.
Got shaken out of my original short position from $180.80 this morning and went long looking for the trend reversal when btc had a nice volume spike but nothing held up. Now im short again looking for targets anywhere between $150-$135. With btc hanging on by a thread and it nearing a weekly ema cross to the downside we could see this scenerio very soon. Short...
I took a long position earlier this morning after we had a decent volume spike but after watching the price action get rejected and not hold it gains i went back to my original thesis looking for targets down to 5-6k. The weekly is nearing an downward ema cross and things could get ugly real quick. Short entry at $7963
