If BTC breaks resistance it should be a good long opportunity. Go with your risk tolerance but I will long until 2% profit and have a stop at 1% below entry. Same with the otherside, if it breaks support, have a stop at 1% above and 2% profit target. GL If it goes below 34200 it will be below VWAP and headed in a downtrend on the 4hr.
As long as we dont break $32.5 this idea stands! If we break 33.24, could pump big time. GL all
Good luck yall. BTC breaking a good support just now. Could see major gains. Stp at 49880.
Its about to break through the 1.48 resistance.... going to the moon :)
Looking at the 5 day. Looks like we have some decent support at the 200MA. The Macd also looks like its bottoming out and about to turn around. Also the chande momentum oscilator looks like its pointing back up! Hopefully we see a nice little bull run next week!!
We have confirmed the ascending triangle and are looking for a breakout! I entered a long at 268.4 and looking to take profits at 300-330 and 360! Have a stop at 264. Gl everyone!
Price is below the 50 ma, 10 ema, and vwap. Looking for a drop towards the 200MA! also it looks like its about to break through a good support! If you look at larger time frames as well, the Daily shows its still way over bought!!!!
As you can see we are super bearish on the 4 HR chart with price below all the MA and the negative trend If price comes up to 220.60 where the vwap is and the candle closes we could turn bearish, but wait for it to close!
ETH on the 4 hour chart is way too overbought on the 4 hour RSI. Super high on the momentum oscillators and im looking for a drop towards the 200-205 range before taking off. The money flow is strong on the upside and is bound to reverse. Let me know what you think!