Good_Trading_Calls

Good_Trading_Calls

In my opinion, the price is accmulating volume and it's affect can be understood in the context of rising interesting in Altcoins. The red channel, where the interest should be, broke above the month-long accumulation. I would like to call the red channel a buying momentum because the price printed higher lows post the momentum. Assuming it as a start of buying...

Good_Trading_Calls Updated 

The market is currently looking for liquidity to gear for a move down. Price has printed sell-side liquidities, which shows the interests of early sellers. As we know, liquidity is fuel for the market, so we expect the price to take out the early sellers and take a plunge for unmitigated order block. Concepts Used Liquidity Orderblock Market Structure Inducement

Good_Trading_Calls Updated 

Bitcoin Weekly Update Price action is in a Trading Range. It is likely we have completed the Bull Leg inside TR. We broke below Bull TD. Selling Pressure is not convincing for Bear Trend yet but first reversal would be minor. Expecting this first reversal to end around 36810 but not sure of it, it can test it or not. It does not matter at all. There would be...

Good_Trading_Calls

After Surprise or Failed Wedge top yesterday, I updated to have Two Legs up. Two Legs up have been completed. Price rallied up in Tight Channel only. If we see some extended TR then Either Buy the BO of that Tight Trading Range or Buy From Double Bottoms, Nested Wedges. It will be an easy day If you focus to trade the Breakouts than focusing on picking the...

Good_Trading_Calls Updated 

Bitcoin Daily Update Price is in Broad Bear Channel. Two Legs Down Completed. LH & LL. Price action is of a trading range, overlapping bars, wick below bear and above bull bars. Not a trending characteristic of market. Two sided trading is going on. Bears and Bull are making money in agreement. What I expect Today I believe, It is quite less likely to see...

Good_Trading_Calls

Bitcoin Update What happened Yesterday As explained yesterday that price is in a range. Buy Low and Sell High in a Range. Second Update was to tell you that bull rally is weak and is likely to give Bear scalp than swing. It tested the PO and Double Bottom Set-up, Bears took profit here and Bulls buy after confirmation. There was a surprise as Bears expected...

Good_Trading_Calls Updated 

Bitcoin Update Yesterday Price closed near to Its Open . So as updated it was a range day. Today's Open is also weak, Two side trading so basically signal range type price action today also. Previous Open (PO) will serve as Resistance for now. Price should break above in order to test Range High or Previous High (PH) If price fails to break the PO then...

Good_Trading_Calls Updated 

Bitcoin Update Yesterday, Price was ranging between Open and High. Later in the day, price rallied up finally. There was a weakening or trapped bulls around the Range High (Day's High) But Bears were scalping not swing so Early Profit by Bears gave Bulls the change for Swing. Today, We Opened two Bull Bars but later succumbed to lost momentum. There is...

Good_Trading_Calls Updated 

Bitcoin Update Yesterday I told you that I expecting upside BO and we did see higher prices. Today we have gap up opening and with another leg up. So expecting a Bull Trending Day again. Since the open strength is good. Price is staying above the EMA and which is a good sign. Currently, There is a chance of testing the Breakout, Yesterday's High and EMA...

Good_Trading_Calls Updated 

Most of the things have been explained in the Chart. Bears minimum objective is marked on chart, 31,300 - 30,300. Here, We can expect bears buying back their short and when both bulls and bears buy, It is called Support therefore it is very likely to see buying pressure is building up. If Bears are willing to sell the lows also then we might have bear trend...

Good_Trading_Calls

It is a Major Trend Reversal Set-up (MTR), We didn't see any pause in trend in last 50-60 bars even more like. There is a break of trendline which means bull trend is weakening and is transitioning into broader channel. You see the lower high formation marked by failing of bulls to break it (Double Top), Presently, a huge outside bear bar followed by 2 bear...

Good_Trading_Calls Updated 

I expect the price action to be in early phase of the Major Trend Reversal. Price has corrected or gave bear trend in a tight channel and not price is ranging. As you can see that the low of the price is respected well. The Double Bottom formation is Higher Low Formation which is a good hint for a early reverasl. When the price flips the red zone as the support...

Good_Trading_Calls

I find price to be in Nested Wedge Patterns. You can see two wedges on the chart. Bigger Wedge is more important as the Mid point of the Bigger Wedge and Intial Point of the Smaller Wedge are coinciding so they mark a important support level. Price usually respect the mid-point of any wedge before any reversal or resumption. Breaking below the Support will give...

05:06

Good_Trading_Calls

I expected price to show some rejections from 11150 area and it played out well. We have break below the previous low or local support. I am expecting price to retrace around 10625 area for another short set-up. It is less likely to test 10742 but we should consider it as another level of resistance. Possible targets for bitcoin are 9300 area as you can see...

Good_Trading_Calls Updated 

Contect for the Resistance at $12000 levels is very good. Wedge, Measured Moves Based on Height of Trading Range, Bull Breakout. When did you see 2 Bear Bars Closing below mid point and this much big bear body in last 30 Days ? Bulls have taken profit at the Resistance. I can say that Bull Trend is Over, We can see Trading Range or Bear Trend. With good...

Good_Trading_Calls Updated 

Price consolidating for almost 2 months. Breaking above this range and now price is trying for trend resumption. Market Cycle for this is, Bull Trend > Range Extended > Breakout above Range > Breakout Pullback > Possible Bull Trend Resumption. I am looking to buy on the dip. Seeing a 4H channel for a lower entry. Maths for the Trade is good. 18% Risk vs 65%...

Good_Trading_Calls Updated 

Bear Spike/Climax then bear trend contained in Channel. Lower Highs and Lower Lows. If price breaks above the Bear Trendline, I am expecting it to transform into a Range. 11830 is having good context to become the range high as the Present Weekly High is at 11826, Previous Resistance and Measured Move Targets. On Daily Chart, Bear Breakout is very recent and...

Good_Trading_Calls

CONTENT 1 - Reason Why you should not set up Stop Loss Orders in Advance. 2 - The Best way to Use Stop Loss. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Why you should not add your Stop...