Ian_Carsen

Ian_Carsen

Upcoming trade on Saga. It can bounce at the daily SOR and not get to the indicated entry, or it can go deeper. Entry is good balance of risk:reward. Target 1 is a fairly safe exit.

Ian_Carsen

Given how the bitcoin price has been acting over the last few days, it's a bit hard to be optimistic about it at the current moment. At the recent lows the support is quite weak, and the speed and magnitude of the current decline...I'm pessimistic the support will hold. I'd expect a decline to any of the indicated levels. In the meanwhile it's likely we'll at...

Ian_Carsen

If price gets down to these levels should be a good trade.

Ian_Carsen

Unlike most coins, Sui continues to constantly trend in an upwards direction. Historically, it hasn't always returned to the best Risk:Reward levels

Ian_Carsen

If you were to take on more risk by having a tighter stop loss the risk:reward could be better. This is a very generous SL.

Ian_Carsen

BTC is experiencing local resistance (marked levels for example), however, it seems it will continue higher into the resistance zone. If we can get above the recent highs, that's a pretty good recipe for coming back down, finding support, and moving above the current range to begin working its way back to ATH and beyond.

Ian_Carsen

Looks be coming down rapidly, is a somewhat risky but potentially nicely volatile trade where indicated.

Ian_Carsen

Wif looks to be heading on a longer-term move up given it hit a weekly on the bottom. This is a re-entry play looking to move higher. Target will need to be selected based on what is reached on the top. If the current price move reaches to the indicated Target one, then retraces to the entry, take the trade to Target 2.

Ian_Carsen

As stated last time, BTC found a bottom and broke the local downtrend. I believe that this move will come to an end at/within the red triangle at the top, and will likely short from there to somewhere in the green triangle at bottom. Overall, BTC is still in a consolidation phase. It has taken longer than I had anticipated. However, 'the larger the base, the...

Ian_Carsen

There may be another retest toward the lows recently, but take a look and see how price barely made a new low. It's up against the trend line. The momentum is slowing on the downside. It's time to go long for a nice move up, at least until around the recent highs.

Ian_Carsen

As indicated last time, price went below the obvious Range. It didn't quite hit my entry level unfortunately. Overall, while BTC seems somewhat in a precarious place by the look at it, I still maintain we are in consolidation phase, and any drop below the consolidation area will be somewhat quick to recover. This is predicated on the assumption we're still in a...

Ian_Carsen

Looks to be a relatively safe trade to me. If cautious enter at the safety hold instead of indicated level.

Ian_Carsen

Expect this trade to go deep within the indicated range. If it hits the 5 min safety level, keep a tight target as indicated. If it doesn't reach this lvl, holding for a bigger target may be possible!

Ian_Carsen

BTC has been ranging, there should be a long trade until the indicated target, or at least until the indicated SOR. We are likely to see a return to the bottom of the box here. There is a possibility of a quick plunge down below support at some point, however, I think that bull market will continue, and such a decline will be relatively short-lived.

Ian_Carsen

One more possibility other than a full-out correction is a quick, nasty plunge to one of the indicated targets below, likely the red line. The set-up is definitely there. If the current reversal doesn't play out (and weak reaction is making it suspicious), some very big volatility could be in store! Careful out there.

Ian_Carsen

BTC should either reverse right now where it is, or a bit lower at the red dashed line--otherwise we may have a deeper correction on our hands. Thus this is a good trade. If reversing soon price should eventually go back up to ATH and would still be in an uptrend.

Ian_Carsen

Sui has begun to "ladder" on both sides, resulting in a contracting consolidation. The trade indicated should safety make it to the first indicated target! Target should be based on your risk tolerance.

Ian_Carsen Updated 

This should be a fairly safe trade. Stop can likely be placed closer.