Record low volatility after two years of accumulation, ETH is looking like a powder keg ready to explode.
Could resistance turn support, 4h has a very easy entry.
HVP on BTC is really high and positively correlated, good chance we start to get some pull backs in Jan, especially with the DXY starting to find it feet. Think we start seeing a leg down after a few short squeezes.
PA got over Previous resistance that marked the top of a range going back to October, if resistance turns support this is a great time to start DCA or a few long orders over the next few weeks
Kin Perps, Very low HVP and HV on the daily TF, When HV expands it should takes price up with it. I cant find out the correlation because of the amount of history available but i feel this is a good trade to make. This is cheap and when it moves it moves very quickly. So keep the leverage low and be prepared to ride out a red day here and there.
Normal (Bell Curve) Distribution is indicating that BTC has a 98.8% Probability that its found a bottom, don't be in the group of traders that play against such massive percentages and short here. Don't let the media or the bearish news around BTC shake you out.
I have added my thoughts in the chart. I hope you enjoy the analysis . Currently i long have a position but i feel i must share that's i consider it more flat as I'm hedging it with some alt coins.
Shits going to have a run here, positive with a zero on hbp.
Posted this chart before but it posted funny so im re posting it. If BTC holds above the clearly defined resistance level it is currently holding above, in my eyes BTC is clearly still bullish. I would TP at the recent highs and move my stop to my entry if it starts to run as a new resistance level could be established at the recent local high. I might even...
Ample has been ping ponging around in a little channel for some time, touches the bottom and it get a little rise, touches the top and it sells off with the odd pump breaking it out only to come back and fall back in to the channel. But as you can see it has yet to sell off this time, this is a indication of accumulation, on the flip side it also means that...
Pretty clear level already showing that its being respected. Id look for a channel to start to develop showing accumulation or the level fails and it dumps. Basic trading, buy retest of breakouts.
Pretty clear cut view of a break out and a classic retest. No need to over complication the obvious. BTC is still looking bullish in my eyes. Idea invalidated if the previous resestance now support is broken. TP at the recent Highs and start sliding up your stop. Good luck
The level is clearly established and you would have to be blind not to see the Risk Reward to just to good not to trade. Its a easy trade, line says long so I long. Stop under the June lows, will look to short the retest if support fails again. Good luck
Matic is a long here, no question about it. Little rule i have with cheap coins is to win big off a little. Go big for short term gains, on something like Matic and you will not have many trades left in your trading career . You do not need to risk big to win big, all you need is time.
Key level could be retaken, will look to buy retests of 230 area with a target of 400. Its a simple as if it holds im going to be in if it fails im going to be out. Daily close and the weekend might play games but I see good things for ETH