BTCUSD has reacted perfectly off our resistance, remain bearish for a further drop if it breaks major support. Sell below 8351. Stop loss at 8601. Take profit at 7827. Reason for the trading strategy (fundamentally): The big news surrounding cryptocurrencies is that eToro, the social investing platform, is launching a full-fledged cryptocurrency exchange and...
The 200 and 50 EMA might cross in the following hours, resulting in a death cross.
Let's see how this one turns out Bounced off the trend line but I think it will retrace before going higher
I've only just noticed the correlation between stoch wedges and violent price movement. Interested to see how this plays out.
IOST has been performing extremely well lately, and is now forming an ascending triangle pattern. As you can see it broke out of my previous trade pretty quick, due to the state of the bullish trend. Trade it on your own risk with an entry on the bottom of the triangle with a stop loss underneath, or trade the breakout (convincing with volume) with a stop loss...
Cryptocurrency Base Trading Strategy - 150%+ Possible Weekly Hello everyone, I am going to briefly cover one of my favorite trading strategies, Base trading. This is so simple, yet it yields me some really good weekly returns. What are bases? Bases are the lowest current support during a specific time frame. On the chart above, the bases are indicated in...
some weird stuff going on with bitcoin, big players maybe don't want it to dip sub 6.5k... wouldn't advise trading this chop but... I'd bet short term we go up 7050-7100.