ENTRY: 2.43 SL: 2.91 TP1: 1.83 TP2: 1.68 - ADX>25 - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI -ve - Moving averages are aligned. - First breakdown on 14 Jun 2022 followed by retracement to near support-turn-resistance area and 10EMA. - >3% rebound off 10EMA on 22 Jun 2022. But would like volume to be higher. - Entry based on breakdown ATL today.
Nothing to see here. Move on. Math answers all questions. Without opinion. What is above is below. Harmony in sound and space.
The ponzi pump started on LTC initially by a whale operating on all the exchanges out there also took BTC forward with it interestingly pumping on the rumor of the Grexit as well as other news such as the LTC Halving at the end of August. The whale's manipulation can be seen at work with bids and asks put in advance to monopolize the Bitfinex orderbook and protect...
Descending triangle after a breakout of rising wedge. I am expecting more down once we hit the falling trend line of the triangle, and add more short on a break of the triangle. I will focus more on daily chart , as my bear flag did not work out.
Breakout and retest out of rising wedge, also a break of 200MA. Already short on the retest, however i need another confirmation (close below greyed area above PP) to add another short. Target S1.