BTC 4h confirming the daily weakening trend, sharp volume drop offs like these generally indicate the uncertainty in the market and often are followed by a significant move up or down.
SAND/USDT Very nice cup and handle pattern, look for a breakout of upper trendline, watch for volume confirmation. Take Profits in image. Stop loss inside or under lower support trendline.
AVAX usdt, forming a really nice handle, look for a break/retest of the upper trendline with VOL. As BTC is uncertain right now. USE a sensible Stop loss.
BTC daily chart isn't giving me much confidence in the short term, I really want to see some Bullish volume come in here, or I think we could retest 42-45k zone. I expect some kind of move by next week, though time will tell and we will see what the chart gives us. A lot of the strong alts are showing very small trading volume as well. For now trading isn't ideal.
AVAX is forming a nice Cup and handle here, very strong technical pattern. Look for a breakout of the falling broadening wedge, or a breakout of the neckline. There is an order block between 87-96 levels. I have some limit buys there in case we get another liquidation event and get a big wick down. High risk. Use a stop loss.
BTC 1 hr looks like its trying to reclaim 48k, I am looking for a lower low here to get some more momentum to push through this level. Bullish Divergence played out nicely, rejected 48k. Now we be patient.
BTC daily looking sideways, low volume, will see where we close the daily candle today. Alts rallied well while BTC had a small move to the upside. Now BTC is potentially putting in a higher low? Alts took a 15-20% drop. We also lost the 48k level, I would not like to see a bearish retest of this level.
AVAX 1hr falling wedge pattern, buy the retest of the yellow trendline or green entry box. We are going for a Quick 7% by tomorrow. Smaller time frames, smaller gains. Use a Stop Loss.
We are looking for a pullback on SAND to find a new entry point for the next leg up. Keep in mind we just had a large pump so we could range for a while before we move higher. We are also dependent on BTC moving higher for this to play out well. We had a stellar run after BTC broke out so it's normal to see some kind of retracement down here. If we have ...
GALA broke out of large symmetrical triangle, look for a break/retest of 0.525 level for the best entry. Stop loss in image. Happy trading!
SAND/USDT broke all our short term targets, new entry to come in next post.
SHIB/USDT buy the breakout or the retest of support. For a safe entry wait for a breakout of upper resistance. You can buy the retest of support but just be aware its higher risk. 4% stop loss This depends on BTC continuing up. Always use risk management when trading.
BTC 1hr looking like we could breakout of this falling wedge pattern and continue higher, we will need some volume confirmation for this move to play out successfully. The last two times we broke the falling wedge we pumped quickly to the next resistance.
BTC 4H hidden bullish divergence on all indicators, an upside move incoming soon? All the indicators are pointing to the idea there will be a continuation to the upside coming. We will see if it plays out for us tonight. Time to wait =)
Daily chart is still looking good so far, Volume continues to dwindle off, ideally we would like to see some more volume and volatility on the daily BTC chart. Currently I am looking for some sort of move up to the 53.7k level before we put in a higher low and continue up. Alts doing well still. Market has calmed down a bit.
Smashed our 1 & 2nd profit targets on this sand setup I posted. Did you get in?
AVAX/USDT coming back for a retest, needs to cool off, enter in buy zone or wait to see if we test upper most yellow support trendline for the best possible entry. Stop Loss below trendline. Beginner traders need to use sensible risk management when trading this chart.
Buy the breakout of this descending channel. Plenty of potential upside to come. Sand is a huge Metaverse coin, if we break out upwards, we could see some nice price movement this week.