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Longtailwicks

BTC weakness. A Correction is coming?Last two days volume is higher than before. Nonetheless, price is stuck below $47.5k with little fluctuations. Last two candles have small bodies are longer tails. In a technical point of view, that’s bearish sign in the short term. Maybe a correction is coming. It is not a good idea to open a short position if you are a novice trader. But it is better to place a long in the supply zone or below it. Investing is a probability game. Try for consistency, there is no perfection in that. Not financial advice. Always do your own research.
COINBASE:BTCUSDShort
by Rhaonnor
Updated
PPB: High Priced Stock, Breakout with CorrectionThank you for your continued support :) Strategy: Moving Averages Formation Bias: Bullish. Breakout from long term resistance of 18.84 and the shaded box consolidation range, followed by correction with the lower shadow touching 50% key level and closing up exactly at the mentioned 18.84 level. Stop-loss: 18.54, the open price of the breakout candle; or 18.46, the half-yearly MA as support 1st Target: 20.00; also a psychological level. 2nd Target: 21.36 Gentle reminder: Plan your trade and trade your plan. Peace out!
MYX:PPBLong
by ShareWorldConsulting
Updated
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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