isn't everybody long? indicators are just flying, good times.
NMC is the only blue chip alt that has yet to really pump this week. meh? hahaha
Seems like DOGE is trying to make a blow off top. I am not saying it is going to do another full wave up like last time, it could do 2 or 3, point is that this first 4step wave is going for a nice run.
GLD has a bit of momentum in its favor right now, but the price structure over the past couple years is horrid. Gold is currently range bound favoring daytraders. a break in range should provide long to mid term swing traders a more comfortable hold.
Price needs to break resistance and then cross up on the MACD to complete the bullish set up. However, the 1D chart looks bearish to very bearish. Be careful of deadcat bounces from the 1D chart creating fake outs on the 4H. For now, it's being a shorters paradise.
Missed the open today and did not get in on that intraday bounce. Price hit resistance again so I shorted. Looking like a bit better of a hold after that double top.
Anything can happen on the daily sessions. But for now, well, there is almost no bullish signals on the 1D chart in regards to the general trend.
Play the wedge break. I still think the last chart on the 2H points down (SHORT). but as always, play the chart, not the feeling. "i gotta feeling", lol.
More often than not BTC trends down after the MACD has peaked and crosses into negative territory while being oversold. sometimes is trends sideways to build momentum before going up, so it would be easy to exit, but far more often it seems to trend down.
4H is at the tip of a wedge and price is at the ceiling of an upper resistance sloping trendline. This start of the trading week should see some really nice price action. I am waiting for the wedge to break before taking a position.
Doji's on the 1week have been correct 7/7 times. I hope this makes 8/8.
DRK in a price channel. The short call from the last chart has yet to be technically challenged. The detail of how to play the breakout is on the last chart.
called to long this morning, that turned out awesome. looking for a little pull back at the market close. we'll see how monday mornings news cycle is before extending any positions.
Not looking to hold a Long position for an extended period of time. The conjunction of a horizontal & sloping support a bounce zone. If not the breakdown will be swift and a large short position will be taken due to the lack of price support until 11000.
DRK has been following a very basic pattern for the majority of it's breakouts. Please see chart for description. Looking for a little bit of downside pressure before popping over the micro trend.