i mean potentially it can bounce down dramatically from here but the upside potential is the same, if you use stop loss correctly this setup is a good one
The EMA 200 / EMA 300 on the weekly chart always has shown us the bottom of the market so doesn't matter if we visit that are sooner or later, it's a mistake not buying there. If the key level holds the price and we are going in a rally again, it would not take long time to reach all time high levels. Never forget to check the traditional markets how do they...
Weekly divergences might show us something interesting about the incoming moves
I hope this move will be just the wick of the higher timeframe's candle
Alts market cap indicates we are not in trade zone and both upside and downside movement have potential and need more confirmation to take any trades in the market
Target zone i son the chart and might will have a bounce from that zone. The big question is how strong the bounce will be?
Only take this trade if we break out to the upside from this pattern. breaking down can lead to more downside moments
It looks like we are more likely going down than having any upside potential
Based on the fibonacci golden pocket and the golden line zone, always 1.618 is the top of the rally and have a pullback from that. we might will see the same this time.
If BTC dom. starts to rise it could mean the bull run is about to continue, but this also means that the end of the cycle is close. Just an idea
Long and short trade plans are both high risk trades here, wait for multiple confirmations if you want to take them
look for these trades and dont forget to stay away from no trade zones
Buy only if retest is done in the support zones to be careful
This is probable trade setup and don't expect to go higher than the heavy resistance, i would not hold this trade anymore if i see many rejections from resistances because VET faces some big resistances now. Use trailing stop loss and let a little bit run if all the targets hit for more profit.
potential scenario, lets see and cry BINANCE:BTCUSDT
All the information is on the chart, if we enter a bear market it doesnt mean we won't be able to make some money, it means we have to change strategy
One of the strongest currencies like forint goes wild against the poor USD
look for this scenario, be careful with shorts (lets wait for multiple confirmations in retest)