Khanfuzed1

Khanfuzed1

Simple pullback play... Layer into zone or breakout entry with profit targets ranging from 8-30%

Khanfuzed1

There is a wall of support down in box i've drawn in. Expecting a good move to enter in for bullish +8-30% once we clear 2600 it's go time

Khanfuzed1

No call here, just posting to monitor levels on chart.

Khanfuzed1

Over 71, would expect a significant move up. Long bias until uptrend breaks

Khanfuzed1

consolidation above downtrend, not a ton of volume yet. If BTC holds this will offer relative value for a long

Khanfuzed1 Updated 

Looking for a narrow margin of error long here. Expecting a 10-50% move off this bottom range for a scalp/flip/swing dependent on price action?

Khanfuzed1

Looking for this support blue level to hold and eventually breakout of the downtrend back towards 1.80-1.90 area. Then, if it builds there without some sort of change in $BTC structure we'll get the next big rip above 2.00

Khanfuzed1 Updated 

Clear downtrend identified with sideways consolidation inside of a support zone (box indicated). Strategy is buying near bottom of box and/or upon breakout of downtrend line/80 whichever comes with volume.

Khanfuzed1 Updated 

I will be buying into 4s to see a nice reversal 30-50% retracement towards todays earlier highs

Khanfuzed1 Updated 

800+ and go~ simple as that. Great swing over time inc

Khanfuzed1 Updated 

Basically at a crossroads here on what has been a strong coin. I'm long small in anticipation of an upwards break. Play will be invalid if uptrend does not hold on the 1hr

Khanfuzed1

Theorizing a couple different scenarios where I would consider long entries. a. breakout/retest of downtrend b. fill out formation and long on the break c. wait for consolidation at 2.00 level and hop in when starts to curl up

Khanfuzed1 Updated 

Watching to see if price action can flip above these MAs and break downtrend up. Ideally another several days/weeks of sideways consolidation, then MA flips to support. Finally, take this puppy long for the next leg up.

Khanfuzed1

So, this chart looks fantastic for continued moves up. We can play with relatively tight stops and see what happens. I'm looking for another breakout of this range and see if there is some follow through. If $SPY decides to tumble it may hurt this trade, but as it stands it looks fantastic and hasn't had much of a rejection during recent minor selloffs.

Khanfuzed1

Taking a layered approach on this trade... Down 40% from highs without any real turnaround. Short term trade, BTC should find relief relatively soon and $SUSHI to follow