Waited for Ada to drop past key level of support. Once closed past I got in.
Still, large momentum pushing down.
Take profit at next support.
Stop above resent structure.
Btc fell past the lower support line which has been held for quite a while. Hit the 32.8 line and bounced off which is also a key level of resistance.
Target next level of support.
Entered off the 0.618 after a change in market structure. ADA has been on a %50 run and is overdue for a big correction.
After seeing the change in market structure I wanted to enter as I felt that this was the time this was going to happen. Want to ride that correction down.
I'm feeling good, calm collected and am happy with my analysis.
Entered on the hammer/ Bearish engulfing. looking at the sort term bearish market structure hoping to ride the correction down.
Took my time to enter it.
I feel calm at the moment and happy with my analysis.
Eth has just had a good run-up. It's not in a bit of a consolidation zone so I'm excepting it to trace sideways a little on before it's next leg up.
I am looking for confirmation that the support level it's on is valid support, so looking for sacks to the bottom showing failed to breakthrough. Then looking for an 8% push up to the next area of resistance...
We've had a break in trend and price has pushed up above 2701 which previously held as a strong resistance level. I'm anticipating a move up to the next major resistance level.
We've had multiple rejections off the current resistance with multiple wicks to the upside. Therefore I am anticipating a short to previous major support.
XBT looks as though it's heading up. Waiting for the resistance to break and then for the greatest to get in.
Also looking for divergence on the 4 hour of support before entering. Any wicks to the bottom, morning star, bullish engulfing.
getting out at the next resistance.
Looking at the XBT it looks as though the trend may be reversing. We have seen a break in the trend line creating a higher high.
This is not a guarantee that this will turn around fully as it's previously been rejected at its current price. We need to wait for further confirmation.
I am waiting for the pullback at previous resistance. I will then be awaiting...
BTC has just had a big sell-off. In order to catch the next move, we need to wait for fo the next pullback. I am looking at the 32.8 on the fibs which line up with a 1 hour support. I am waiting for wicks to the upside to confirm that this is a valid support.
After this signal, I will be getting in for a target at the next support.
