BTC is currently attempting to eat through a bit of a supply block, I am looking to place a trade on 2 assumptions here: 1. BTC fails to eat through this supply zone around the 44.5k ~ Mark 2. BTC recovers from a lower demand zone in conjuctions with the 50 and or 618 fibonacci zones I like to call this the BTC Slingshot, I much prefer to buy the pullback...
-We've failed to create a new weekly High, so I'd be expecting alot of longs to be taking profits and/or flipping short -We're still in an overall Downtrend despite the recent Pump -For those who haven't already got in there will potentially be another chance on the retest of the weekly downtrend, Don't FOMO -If you're already in we can now either adjust stops to...
I hate to usually say its gonna go up or down however whether it breaks above or below the 4.20 mark on qantas will determine the overall direction imo. However I'd prefer it to go up
-overall downtrend -still within channel -shorting top of channel -run down to lower support
- The 8k area is where it originally dumped all the way to 3.6k , no doubt this is a significant area for sellers. - Short placed just below 7800 - Stops above that supply zone on the left - Goodluck everyone
-Looking bullish wait for pullback buy back to prev resistance -OR set and forget that deep long and holdon. disclaimer: i got no idea but my friend asked me to post it so yolo
Golds been a safe haven lately with the rest of the economy crapping the bed -Waiting for rejection around that 1800 mark and then a retest to short , fairly wide stop so adjust trading size accordingly -Absolutely could break this resistance and previous high's however I believe we do need to retrace before doing so -Looking to move stops into profits on the way...
Im not even sure if this is right but my mate asked me to have a look at netflix , I think this baby has gone a bit too hard to fast and needs to slow down however is still a solid buy overall , loook for lucky dips around 240-260
Looking to buy off a bullish engulfing candle on the bounce from the lower region of support.
I’ve said it before , and I’ll say it again BNB Is a strong coin . It travels it’s own trajectory and is barely affected by the BTC swings . Currently being squeezed into decision time within the triangle, looking for long on the up break provided we get a bullish engulfing on the 4hr . As always tight stops !
Keeping it simple is key. Either wait for confirmation with a bullish engulfing on the 1 hour candle for an entry. Or enter off the support with a tight stop. 4-1 Risk reward - first profit target @ .3194 . Remember never set a take profit! Only a stop loss . Never limit your gains . Tight stops!
Looking for a breakout on the 1 day chart , alternatively it could be struck back down ,for now we're looking strong waiting for the close today.
BNB has shown great strength as a coin , even in a sea of reds we still see strong demand for this coin. Currently trading in an ascending channel on the 1HR Chart , we're looking to take a good long position on a bullish confirmation bounce of the lower support of the channel . #Tightstops
If EOS closes above resistance on the 4hr looking to take a long position with 1st profit target at next resistance! #TIGHTSTOPS