Crypto Mumbles
dropping down to btc 4h chart, if we do not close above the trendline, we'll then head back down continuing the LH, LL downtrend market structure
morning!
so btc did go downtrend for awhile on the lower tf before going back up to test the trendline once again
approaching a crucial area here where btc had a huge crash/rejection
no trades for now until we can see some nice confirmation!
so btc did go downtrend for awhile on the lower tf before going back up to test the trendline once again
approaching a crucial area here where btc had a huge crash/rejection
no trades for now until we can see some nice confirmation!
Crypto Mumbles
📈 TRADE ALERT BNB 4h tf it finally broke out of an ascending triangle formation will be buying some in SPOT for a swing trade here, no leverage very bullish here on BNB it has showed strength the past few days every time btc has a run up TP: none (personal…
BNB swing update
3% with no leverage so far 🙂
moving nicely!
3% with no leverage so far 🙂
moving nicely!
📈 TRADE ALERT
if btc 15m closes above 34.5k,
I'll be going for a quick long scalp, cmp entry
I'm still very wary of btc going back into the triangle
#trades W
if btc 15m closes above 34.5k,
I'll be going for a quick long scalp, cmp entry
I'm still very wary of btc going back into the triangle
#trades W
stopped out, will be looking for reentry especially if the candle flips bearish
a close above 34550 is nice for a long because it closed above resistance trendline PLUS 34550 resistance line
this increases my confirmation on bullish movements next, hence even if i got stopped out i wanted a re-entry
next, 34731 is a minor resistance in the range formed previously (look left), so to be safe i closed full position to prevent any violent rejections/crashes
from the top wick you can also see that btc is facing trouble capturing the minor resistance
this is range scalping
cheers!!
#learn
this increases my confirmation on bullish movements next, hence even if i got stopped out i wanted a re-entry
next, 34731 is a minor resistance in the range formed previously (look left), so to be safe i closed full position to prevent any violent rejections/crashes
from the top wick you can also see that btc is facing trouble capturing the minor resistance
this is range scalping
cheers!!
#learn
the next key area is 35k, the price where we had the huge flash crash upon rejection
a close above 35k would be nice confirmation, until then, this zone remains risky for now
a close above 35k would be nice confirmation, until then, this zone remains risky for now
Crypto Mumbles
a close above 34550 is nice for a long because it closed above resistance trendline PLUS 34550 resistance line this increases my confirmation on bullish movements next, hence even if i got stopped out i wanted a re-entry next, 34731 is a minor resistance…
as mentioned!!
good full close there :-)
good full close there :-)
📉 TRADE ALERT
shorting AAVE at cmp
reasons: rejection from strong resistance once again, expecting btc to come down soon
might look to hold this one for awhile depending on price action
#trades BE
shorting AAVE at cmp
reasons: rejection from strong resistance once again, expecting btc to come down soon
might look to hold this one for awhile depending on price action
#trades BE
Crypto Mumbles
📉 TRADE ALERT shorting AAVE at cmp reasons: rejection from strong resistance once again, expecting btc to come down soon might look to hold this one for awhile depending on price action #trades BE
not badd quite fast!
stops to entry in case of a random pump by btc
still havent taken profit, so if i'm stopped out it's breakeven
stops to entry in case of a random pump by btc
still havent taken profit, so if i'm stopped out it's breakeven
Crypto Mumbles
not badd quite fast! stops to entry in case of a random pump by btc still havent taken profit, so if i'm stopped out it's breakeven
stopped out breakeven here
btc going up for a test again
btc going up for a test again
Crypto Mumbles
the next key area is 35k, the price where we had the huge flash crash upon rejection a close above 35k would be nice confirmation, until then, this zone remains risky for now
more than a close actually,
we need to capture and hold the area well, then we can see further movement up!
btc making moves now, will just be watching
might trade some alts if there's potential
we need to capture and hold the area well, then we can see further movement up!
btc making moves now, will just be watching
might trade some alts if there's potential
Crypto Mumbles
the next key area is 35k, the price where we had the huge flash crash upon rejection a close above 35k would be nice confirmation, until then, this zone remains risky for now
as mentioned in the previous post,
this zone is very risky for trades right now
btc is now stuck within the zone moving sideways being unable to clear the 34855 minor resistance (4 top wicks)
but the bulls are quite relentless, not letting prices push down below the support zone
still no good trades here
#analysis
this zone is very risky for trades right now
btc is now stuck within the zone moving sideways being unable to clear the 34855 minor resistance (4 top wicks)
but the bulls are quite relentless, not letting prices push down below the support zone
still no good trades here
#analysis