Trading and TA

/ta119

A place to discuss, share and learn anything related to trading and technical analysis.

quite like the odds on this one $sol
Repligen $RGEN

Support and resistanc are meant to be broken
trap range, waiting for a clean break of 64.5 and then ape on the bounce back up
pump overnight was great (trump with the clutch), broke the range but didn't squeeze any bears. currently around 15k $btc in shorts in red but mfers strong

liking this bounce from 59450, hold long enough and I get an entry with first tp already known

not a bad weekend for bulls
most of yesterday bears are still trapped. some had a chance to close breakeven but didn't take it.

or they are absolutely right and will cash out winnings later (probably betting on germans/mt gox) or we are going much higher soon - bears being greedy usually rekts them
pay attention to this htf range, in whichever direction it breaks and holds
after a 14k $btc OI increase on binance in the last 6 days, we just got on top of that a 3.3k increase in 13min... real battle from here, this is about to get interesting
stay strong legends 💪
10k $btc sitting in liquidity between 65k - 66k, we grabbing that?
significant OI increase past few hours on the latest btc dump, or we continue to bleed or this could become a bears trap - doubt we have it any other way.

stay safe out there and stay strong, green days will come
gm, pain for bulls past few days but market structure didn't change, still bullish. it's ok for you to not do nothing here.

2 key levels I'm looking for to add to current longs - here at 63.4k or a quick sweep to 62.5k (61.8 fibs)

ratio extremely positive which makes r/r of longing high
looking great for longs, bottom is most likely in for the time being

I'm still long, question now is how strong this bounce will be and if it can turn into a htf one and go for new aths
something like this pa - im long
interesting stuff on $btc rn

big blocks below price on binance perps (~11k) and OI with a substantial increase in the ltf

past months these blocks haven't been filled and beras getting in late usually get trapped here

sitting tight is probably best rn but on minimum confirmation of trend reversal im longing
can't stress enough how important to is to have a plan and to take profits.

trading is not about patterns and setups, it's about risk management and discipline

now i get to look at better entries, which it should come soon
looking at this swing long on $sol, stop losses would be on a close below or bounce from previous local bottom
tp1 hit, moved stops to break even

fomc in a bit, good news (or just not bad news) there and will be aiming for that tp2/3
I'm long $btc

ready to cut losses if news aren't in my favour - stay safe legends big day today
The Arun indicator

Named after the famous Wat Arun, Bangkok Thailand.
box gotta hold or we could go lower.

hope is to break this range to the upside, retrace and then finally bounce from it