jryan20
@t_jryan20
What symbols does the trader recommend buying?
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jryan20
Which way bitcoin? Be careful of a wick down to prior low around 61.5-62k. Could be setting up similar pattern to last summer. If 61 doesnt hold, I think the sentiment shifts bearish.
jryan20
Let me know your thoughts. Gold looks good here from TA.
jryan20
Looks pretty good here.Bullish Divergence on Daily and 3 day RSI. Setting up similar patter to the start of the Bull run in late 2019.We shall see.PT still 334k
jryan20
Let me know your thoughts. Looks ready to run if it can break the descending channel. Lot of historical confluence at 4.66-4.7 which could be strong resistance.
jryan20
If you look back to the 2018 bear market, you will see a very similar pattern to what we are seeing now. Clear bottoming formation, break of downward sloping resistance, strong Williams Alligator turning bullish, RSI increasing. BUT was turned back twice by the 200 MA! While there is no doubt the PA has been bullish and the chart looks good I just cant flip fully bullish unless that 200 is broken. While I dont take short positions often, I think a strong setup would be at or just below the 200 MA in the 54k region with a target of 41400.Happy trading. Hoping I can update this with further bullish signals.
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