narushima
Short

Still short on this

BITFINEX:ETHBTC   Ethereum / Bitcoin
Give me a pullback to the lower cloudlimit. If yes, then throwback direction the trendline .
Comment: Not satisfying, waiting.
Order cancelled: Looks now like a reversal setup, next time :)

Comment: Setup finally played out. I looked for signals on Lower TF and found something usable on the 30mn.
You can see on this pic the resistance levels as the red rectangle. It is interesting to see that they are the exact kumo levels on this setup.
Trade was safely playable IMHO entering at the red rectangle break out, closing trade above the trend line at the 0.083+ level (That is also the next resistance level). You can see that despite volatility the price stayed below Kijun for a longer time.
Comment:

For me the bottom has been hit. Lower descending trendline resisted, now heading to higher descending tradeline , 2h good kumo break just happened.
Time to start looking for longs ... and to end this post !
Look as well at the behavior of BTC/USD for the next 10 days. BTC/alts counter correlation is happening strongly.

Good trade !
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out