NawazSid

NawazSid

ROSEUSDT broke the 1D dynamic resistance and is currently above the local support. The next strong resistance is at 0.27915, if this resistance is broken, we can say that it is at a safe place and can long it.

NawazSid

Here we can see that BTC is near the resistance zone. We can also see that 50 EMA is crossing 200 EMA although quite slowly which is one of the reasons I'm bearish on this setup (50 EMA crossing 200 EMA slowly implies higher chances of trend reversal). One notable thing we can see here is that the white upward trendline is now acting as a strong support as 200 EMA...

NawazSid

Divergence of 50 EMA and 100 EMA can be seen here.

NawazSid

Matic has been travelling along the trendline for quite some time and is back near the trendline. Local support has been formed in LTF. We will try to exploit this condition by buying it just above the support. Stoploss has been placed just below the trendline. Our target is 1:5 Risk : Reward ratio.

NawazSid

LRCUSDT broke through the trendline with high volume on 1 hour timeframe. Stoploss is set at previous low while target is set to be the next resistance.