3 areas of value acting as resistance for BTC. Has to reclaim the trendline as support, and also start trading above the EMAs for me to be comfortable opening longs. This area of 46800-46600 is holding support for now, and I have DCAd into BTC in spot. Next area of obvious support is 45K (psychological level too), and 44000
One broke support of the channel it was trading in. Daily close above it is a positive sign. If it doesnt close below, could dump to test marked support levels, with the most important one being the 0.382 fib level. If price respects that level, could be a good place to add more One to your portfolio/ open longs. But always keep an eye on BTC. Market is choppy, so...
BTC dumped from the 0.618 fib level at close to 50,500 as expected, and the 0.5 fib level is now acting as support. Confirmation of support there could be a good place to open longs with a tight SL, or DCA into BTC. The lower trendline acting as support is also crucial for the short term. Will be monitoring price at marked S/R as well as Fib levels.
Not opening any longs till EMAS turn bullish in this timeframe. Still believe DOT can reclaim ATH in this bullrun.
One currently in a rising wedge. Running into resistance at the 0.382 Fib level. Hopefully can break this and retest as support for continuation
Breakout from channel observed. Hoping for a retrace to trendline and confirmation of support
MATIC is giving bullish confirmations in multiple time frames. Waiting for a breakout from channel in 4H and retest in 1H to add to position.
Perfect long trade set up with breakout from trendline resistance followed by bullish candle formation. Missed trade as I was working. Huge regrets. Easy 30% opportunity at 3x
Marked candle was my entry trigger to go long, (Hammer at trendline). Will monitor price and volumes when it touches the trendline resistance marked. If it pushes through with good volume will hold onto trade. If bearish candle forms on 15 min tf will close trade and book profit
Waiting for bullish breakout over bullish pendant. Also waiting for a retest of upper trendline in 1H. Will be my entry trigger to go long
Short term triangle pattern on the ADA 4H chart. Long already open from 1.4 levels. Will look at add more to my position at each retest and confirmation of marked support levels
LTC is now consolidating at resistance. Bullish sign
Lower trendline was resistance and now acting as support. Hoping for bullish close above upper trendline. If price rejection at upper end, will look to go short till lower trendline with small stop loss.
BTC holding support on the 21 EMA on the 4H chart. This level important to hold for bulls for continuation of uptrend. Will check if trendline is broken or it now becomes resistance
ADA got rejected at first touch of 1.495 levels. Will wait for bullish 1h close above it, and also see price action when it touches trendline resistance marked.
ANKR retouching trendline support and bouncing off it. There could be a 7% scalp trade within the triangle pattern. If price closes above the horizontal resistance on the 4H, and tests it as support on the 1H, I will look to go long with SL below the trendline
ADA breaking out of triangle. Will wait for retest of old resistance as support, or a price rejection candle/sign at this level on the 1H
Eth broke above trendline resistance in 4H time frame, and now retesting it as support in 1h TF. Will wait for 1h bullish close above it to go long