gon08

gon08

after this long accumulation area Pnf chart is giving a target of 75500, Ill enter long if price does a successful test of the trend line

gon08 Updated 

I didn't have time to update my last idea, but I think is still good moment to buy bitcoin, after the selling climax it's been good opportunities to enter long.

gon08 Updated 

So bitcoin reached the target on my short position, now I entered long, because it always makes sense to enter in a climatic action after a target was reached, it can be the beginning of a new uptrend but is too soon to affirm that. If you want to enter long, you need to wait for a retracement and a test of a level before enter.

gon08 Updated 

Bitcoin once again is doing a Lower high in the daily chart, now price is in the resistance now I have some doubts because all the momentum on the bitcoin but I think can be a good time to open a short position, hoping price can travel to the Botton of the range around 54K once again Opened a short position at 69050

gon08 Updated 

Price made a TR with signs of strength, las down swing has been with diminished volume so I'm expecting this is a phase C of a re-accumulation. let's see if price breaks the channel and wait for a successful test of the support line on the TR

gon08 Updated 

last idea touched the SL in BE, I'm still thinking that is a good opportunity to enter short, Opened short position at .4288

gon08

It's forming what it seems like a distribution, if it's correct, we are probably in the phase C of the distribution which would be the best point to open a short position, either way, we should wait for a test and a confirmation before enter.

gon08 Updated 

Probable entry for Cardano, let's see if it breaks the creek, after that we should wait for a successful test of the creek before entering short

gon08 Updated 

So after some climatic volume and a SOT price touched the 78.6 fib level, there's a setup for a short position, now PnF chart is giving an objective to the 59500 zone

gon08 Updated 

Now the bitcoin is touching the overbought line, its a good time to open a position with good risk/reward ratio

gon08 Updated 

Bitcoin has made another lower high, now is the opportunity to sell with the stop loss just above the last high

gon08

Bitcoin is doing a higher low so we can think in opening a long position.

gon08 Updated 

Bitcoin has made another lower high, there's an opportunity to sell with a stop just above the last high

gon08 Updated 

Now that the price reached the PnF objective zone and is touching the supply line of the down-trend channel, is possible to open a short position and wait the price to re test the las low area.

gon08 Updated 

these are some probable setups for litecoin, at the moment I'm neutral but if there's a backup and test of the backup we can open a long position with low risk.

gon08 Updated 

After some time of accumulation price is making higher highs, price broke the last high and the backed up to test it again, its a good place to open a long position with low risk.

gon08 Updated 

So after a couple of last sells, I bought bitcoin at the very bottom of the trading range at 60,000 price has been giving some bullish signals and once again price has returned to the trading range as soon as it reached the 60k zone

gon08 Updated 

bitcoin is having some weird bullish signals, maybe is not that crazy to think on selling now