There is a consolidation below the level of 14.50, when the level is broken, consolidated and retested, one should enter the position. If sellers win and there is a rebound or a false breakout, you should select from the level of the channel boundaries and the trend line. Take is marked on the chart. Stops according to the rules of those analysis, depending on the...
We bounced off the support level yesterday , there was no breakdown of the level. Long today from the specified zone.
According to a CNBC report, China's report, which called online gaming "spiritual opium," has been reworked using "much softer" language. At the moment, the instrument found support at 79.00, they are not allowed below. I plan to go long after a false breakout of the 79.00 level or after exiting the wedge. I will look at the moment the candlestick volumes,...
Bitcoin has gone from 29,000 to 42,000, adding 48% without any significant correction. At the moment, a head and shoulders pattern has formed, which may well indicate the desire of sellers to push the instrument to the price of 36,000, the control point is 34,000. Decrease and holding below 34,000, again will speak of a globally short trend and the cancellation of...
Beijing continues to attack the tech sector, and even Katie Wood and Ark Investment Management have recently dumped shares in Chinese tech companies. Since July 5, ARK has sold over 610,000 shares of JD. All investment companies are unanimously intimidated and announce the sale of shares of Chinese companies. There was a significant sell-off in the Chinese tech...
Very difficult entry point, but excellent risk management. The stock is still in a long trend, so a trading idea is to retest either the trend line or the support level, which will give us confirmation at the beginning of a short trend and confirm a downward trend. Let me remind you once again that these are just scripts. If it follows the script, then you can...
Bitcoin is in a strong short trend. No purchases can be made in the long term or as an investment until the trend reverses. Catching the bottom is pointless. For each bottom, the next bottom will be waiting for you. At the moment, Bitcoin is in a fairly narrow channel, volatility is decreasing, volumes are falling, there is no buyer in the market. This channel is...