LONG-
-Overall Uptrend
-Bounce with follow through
-ascending triangle- BULLish
-BULLish Stoch
-BULLish RSI
-BULLish MACD
-huge wick on Bottomed out candle- shows BULLish Buying. Even thou the volume indication is red, it really has a large amount of volume due to BULL buying. BULLs showing up.

Cons
- you could argue the pattern is currently forming is a raising wedge- which is a BEARish indication
- BTC             Correction is probably not complete yet. If I was a large whale going SHORT, I would not stop the beat down yet, as I feel that there is more room to go south. Especially, when much less people will be watching/trading over Christmas and Holidays. Thin Volume can make price move quickly.


Dagangan aktif
Dagangan ditutup: hentian tercapai: Look out below-Ended up being a Rising Wedge that wasn't fully formed yet

More annoying is when, I can not move up trailing stop due to life. And instead of ending with small profit, or even, I end with small loss. Expensive play date with kids. :(

The difference between the greats and the average is profit taking. I'll get there ;)
Thanks for the analysis, what are the lows we should expect? setting up some buy orders for tonight
Balas
@RafiMohammed, $8-$10700K.

If watching it live look for oversold RSI on multiple time frames. If 4 hour gets oversold or equivalent to oversold (based on past history of RSI), next look for reversal candle with confirmation- follow thru- green candle close and volume. Buy signal

If leaving trigger and sleep- set multiple triggers at different intervals. Goal is not hit all, but at least some.

Good luck
Balas
Thx, good point
Balas
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Daftar Keluar