Expect BTC to begin to start trending upwards from next week after finally reaching the end of its downtrend by the end of this week. BTC is likely to slowly trend upwards over the next few months before topping out around $150k by December 2021
as we can see, gold has formed our Heikin-Ashi system, the doji formed a few days earlier however a long now is still a good
trade. this looks like a turning point after a long daily downtrend.
I advise risking 2 % of your capital on this trade
the price has broken major support levels meaning that a big move down is likely. however a retrace is also showing on the Heikin-Ashi which means there is a quick long opportunity before the short. the stochastic is still oversold and will potentially reach the overbought area before the price starts to move down. this is an ideal situation to increase your...
This is my first post on Trading View so I hope I lay this outright.
What we have here is Heikin-Ashi candles with a Weis Wave indicator which triggers buy and sell signals. The strategy works best on 5 min chart.
The Heikin-Ashi is important for the volume indicator to work properly in this case
I have had issues where the entry and exit price of the...
I have taken a long position on this market as it has broken out from the downtrend and and there is good RSI Divergence on the lows. It is now making higher highs and higher lows so I have entered on the most recent pullback once the market looked set to continue.
My Stop is 10 pips below the recent low and my take profit is at the previous high.
I feel this market is set to continue it's downtrend as it approached significant resistance it began to turn down. This would be continuing to trade the trend and take the path of least resistance.
If the current candle closes red then I will be shorting the market with a stop 10 pips above the recent high.
My take profit will be towards the recent lows...
Triple hit of support with RSI divergence.
Using heikin ashi smoothed (2-2) waiting for confirmation green candle.
Health and momentum is weak
Simple analysis but don't need to overthink this one.
Enter trade on 4 hour for tighter stop loss VERY important you know how to do this right.
Triple hit on trend line, RSI over brought and diversion. Also lines up perfectly with fib at 0.786 level. Great opportunity I would even eat my own shit if this goes long. Don't miss out!
Please comment and let me know your views.
Looking at the LTC chart with Heikin Ashi candlestick pattern, we can see the trend much clearer, and things are looking good with a strong uptrend, all green candlesticks with high wicks, which indicates the trend is currently strong.
However, I don't think we are completely out of the down trend just yet, price needs to make a higher high on the daily before...