BTC has been forming a complicated head and shoulder. Strong breakout with volume. I am entering here "FOMO" and will also enter at the retest "if it happen", both with similar SL and TP targets.
Approaching supply level with weak buy volume while forming bearish wedge that suggest bulls exhaustion and bears might take control. Expecting a quick drop once btc touches those levels
Both charts suggest that we may be at the end of the dump for BCH, At least temporarily.
Overall looks bearish, unfortunately I cant short such a good trading opportunity on Binance. I will wait to see if the price goes above the supply level and will be looking for longs there. Staying away for now.
Massive dump after the Rally last week. Sell off seems to be weakening and i will be looking for short term trade opportunities in this range.
LTCBTC had a U shape reversal pattern at the bottom of a down trend which suggest the end of a downtrend. I will be looking for long entries, still cant see a clear breakout and possible retracement for my long entry. Will keep watching it, Looking good tho
BCHBTC have been in a downtrend for the last few weeks. This weekend we had a good reversal "ofcourse with BTC dump" Ascending triangle at a bottom of a down trend suggest a trend reversal and BCHBTC should be going up from here. I will be looking for long entries from now on, Will see how long this can last.
XRPBTC pair have broken the support line and closed below a critical breakdown level. This suggest a big dump is incoming. XRP looks very bad to the point where if it didnt go above my stoploss with a good volume, chances are it will go to zero in the next few months
Expecting much higher target in the next few weeks if the target price reached and the pull back stayed above the new resistance line
Shorting here, expect to continue uptrend after touching the fib level
ETH just had a small green candle and stopped at the trend resistance line, expect ETH to continue its down trend
bearish candle on resistance trend line suggest a good down movement with a tied stop loss