Crypto Mumbles
btc 15m nice hammer close, looks like we're going up to test the resistance again this support does not look very strong to me, there's a chance of breaking, possibly if we fail to break resistance again keep your SLs at entry or SL+ if you've not done…
as expected, the support couldn't hold
it's starting to break down without a second retest of the resistance
closing my long positions in full here
will look for a good entry to trade again
it's starting to break down without a second retest of the resistance
closing my long positions in full here
will look for a good entry to trade again
📉 TRADE ALERT
SUPER SUPER risky trade here trading against the trend
but I'm going for a quick scalp shorting BTC at cmp
SL: 34832
TP: 34550
reasons: support looks weak as mentioned, 15m candle closed below support breaking it, betting that price will fall back to the next support, nice RR of 2
#trades W
SUPER SUPER risky trade here trading against the trend
but I'm going for a quick scalp shorting BTC at cmp
SL: 34832
TP: 34550
reasons: support looks weak as mentioned, 15m candle closed below support breaking it, betting that price will fall back to the next support, nice RR of 2
#trades W
pretty interesting that the previous 2 green candles do not have a bottom wick
around 85-90% of candles have both top and bottom wicks
shows the bulls are fighting pretty hard to close back up into the support zone after losing it to the bears
however the previous candle is something i would still consider a shooting star despite it being green as the long wick tells me the bulls are losing steam with the green body getting smaller
but i can only confirm it after seeing this current candle's price action and close
around 85-90% of candles have both top and bottom wicks
shows the bulls are fighting pretty hard to close back up into the support zone after losing it to the bears
however the previous candle is something i would still consider a shooting star despite it being green as the long wick tells me the bulls are losing steam with the green body getting smaller
but i can only confirm it after seeing this current candle's price action and close
btc on a 1d tf
pretty scary to see as we’re trading in a huge descending triangle
this actually signifies that the price we’re trading at now might be a turning point as it is testing the resistance trend line
#analysis
pretty scary to see as we’re trading in a huge descending triangle
this actually signifies that the price we’re trading at now might be a turning point as it is testing the resistance trend line
#analysis
for us to remain bullish, we definitely need a daily close ABOVE the trendline,
daily close of 34800 and above would be good
#analysis
daily close of 34800 and above would be good
#analysis
when trading, it's always important to first see the big picture on the higher tf first, before dropping down to trade the lower tf
although you might not be as affected by FA or the larger trend at hand, you must know when you are approaching key areas of the bigger trend (1d/4h/1h), so that you won't be caught off guard if a huge reversal happens!
#tips
although you might not be as affected by FA or the larger trend at hand, you must know when you are approaching key areas of the bigger trend (1d/4h/1h), so that you won't be caught off guard if a huge reversal happens!
#tips
just a reminder:
futures trading is very dangerous and ONLY trade what you can afford to lose
trade only with 2-5% of your wallet balance each trade with leverage that you're comfortable with
don't be greedy - it's a slow process becoming profitable, but losing everything can be in the blink of an eye
nothing here is financial advice, i don't claim to be an expert or an accurate trader, just sharing my trades and what I know to possibly help someone out! i'm still learning myself as well, there's a lot to learn about trading 📈
trading can be the best thing if done right, so let's achieve that together 🥳
to the top with you,
cheers!!
futures trading is very dangerous and ONLY trade what you can afford to lose
trade only with 2-5% of your wallet balance each trade with leverage that you're comfortable with
don't be greedy - it's a slow process becoming profitable, but losing everything can be in the blink of an eye
nothing here is financial advice, i don't claim to be an expert or an accurate trader, just sharing my trades and what I know to possibly help someone out! i'm still learning myself as well, there's a lot to learn about trading 📈
trading can be the best thing if done right, so let's achieve that together 🥳
to the top with you,
cheers!!
Crypto Mumbles
📈 TRADE ALERT taking a small margin long on OGN at CMP depending on the situation, might average down reasons: bounced off nicely on support, still bullish on btc SL: 0.65 creds to @suho_kun for sharing the trade here! #trades W
OGN going well, but movement is a bit slow…
not to my liking……
setting SL to entry and taking 50% and letting it run
a win is still a win though ! :-)
not to my liking……
setting SL to entry and taking 50% and letting it run
a win is still a win though ! :-)
Crypto Mumbles
dropping down to BNB on a 15m tf, we're looking for a retest on the level of 314.16 entering a long on the retest would be good if not, it's okay to miss a move as well do keep an eye out for bnb
BNB still very stagnant here, moving sideways, not ideal for scalps
Crypto Mumbles
going back to DOT on a 15m tf a close above 16.112 would be great with that resistance captured, i'll be entering a long inverse h&s expected tp is still about 16.5
📈 TRADE ALERT
entered long on DOT at cmp
reasons: same as before
TP: none (personal preference)
SL: 15.6
#trades L
entered long on DOT at cmp
reasons: same as before
TP: none (personal preference)
SL: 15.6
#trades L
Crypto Mumbles
📈 TRADE ALERT entered long on DOT at cmp reasons: same as before TP: none (personal preference) SL: 15.6 #trades L
closed my position here as btc is dumping v hard
getting out of the market!
took a loss here, about -90%!
getting out of the market!
took a loss here, about -90%!