To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH, HL), but consolidating currently, potentially showing reversal signs
Notes:
- As with every other alt, clear uptrend
- Volume has completely died out after the initial pump tho
- Last swing high retraced around 4H support level, upward breaks not successful
- Symmetric triangle currently forming
- Affected by BTC pump, could dump further to deeper 4H support level
Ideas:
- Personally see no clear trade currently
- If the symm. triangle holds the breakout could be traded, with volume that could retest ATH/price discovery[LONG]
- Expecting it to consolidate over the weekend with BTC acting up, will revist later
Trend = bullish (HH, HL), but consolidating currently, potentially showing reversal signs
Notes:
- As with every other alt, clear uptrend
- Volume has completely died out after the initial pump tho
- Last swing high retraced around 4H support level, upward breaks not successful
- Symmetric triangle currently forming
- Affected by BTC pump, could dump further to deeper 4H support level
Ideas:
- Personally see no clear trade currently
- If the symm. triangle holds the breakout could be traded, with volume that could retest ATH/price discovery[LONG]
- Expecting it to consolidate over the weekend with BTC acting up, will revist later
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.