One of the sexiest falling wedges I have seen in my life #Crypto

Looking for long positions around 6k, but things aren't really looking good for $BTC.

Bearish divergence on the 6H invalidaded, there is still bearish divergence on the lower timeframes. Let's see where we are heading.

In this way, you get a better entry if it goes lower, while limiting the risk of a price decrease when finding the bottom.

So many altcoins are on their bottoms in terms of USD or BTC. A lot of charts have a clear buy zone. The best strategy is to allocate a certain budget per coin, and scale in on certain positions, the lower it goes, the more you buy.

Potential bearish divergence on the 6H $BTC chart - Should wait on the MACD crossover - Let's see if this is a ''sucker's rally''

One word: Respect $DOGE

Hence, either set stop losses, take profits or enter the market when a clear uptrend is confirmed (Use MA/EMA/Ichimoku)

On the other hand, the whole market is making a rising wedge/bear pennant formation. A downbreak will be bad for crypto in general.

Interesting Ascending Triangle on the Altcoin Market Cap chart. A breakout to the upside may lead to a shortterm Altcoin rally.

Current state of the market. - Breakout traders can wait for confirmed volume breakout of falling wedge. - Current uptrend has slightly declining volume. - No breakout leads to either sideways movement or a price decrease into the green box.

Waiting for a good volume breakout on ADABTC, chart looking very good. Let's see where it brings us. 🚀 $ADA #crypto #fallingwedge

Rising wedge pattern on BTCUSD chart. Not hoping for a lower low, but such scenario may be possible.

That is why hedging with either longs or shorts is interesting, in this way you can decrease your market exposure. Going long on two highly correlated assets is similar to trading with leverage.

Found this correlation matrix on the internet. It is amazing how correlated the crypto market is, but it makes it hard to create a diversified portfolio. If you want more info on correlations, the correlation matrix can be found here: https://t.co/FIWCUH3B4I

Looks like a double bottom to me on the $BCH to $BTC Let's see where it brings us, always manage your risk in a bear market. #crypto #TA #BTC

Another day of fundamental analysis..

Most of the times news is already included in the current price, and if not, picking either a long or short position based on the expectation of some news is equal to gambling.

Hard to trade in this market, I am neither opening a long or short position until we clearly broke out of this daily range. Will still try to benefit from some shorter term setups.

Bounce incoming for $BCH, $ADA, $ETH and $LTC? - RSI shows signs of weakness - Still possible to go lower - BCH double bottom looks really nice Hoping for a short term bounce, going to enter some low risk positions in those 4.