Hello ALL,
PS: ALT COINS SEASON ALWAYS STARTED IN FEBRUARY IN THE PAST SO IT IS WORTH BEING STOPPED OUT A FEW TIMES BEFORE IT STICKS !!!!
I Took the Bullish Hidden Divergence -> STOPPED OUT
I Took my chance on the Liquidity Sweep at $2.30 -> STOPPED OUT
Now What ?
I looked for clues in all the Time Frames. It has to be somewhere and Here is what I found:
- 1W TF Chart offers 1 clue:
The trend Channel in the weekly chart is evident if you draw the bottom line of that channel based on the top line that has already formed. (Yellow Lines).
The low of of Tuesday morning touched that line at $2.06-2.10
- 3H TF Chart offers another clue:
LIQUIDITY SWEEP DOJI when price touched the bottom trend line (DOJI 1)
So here is what I did:
I waited for a second bottom after that DOJI 1 and here is what happened:
1. 3H TF Chart: A Bullish Hidden Divergence between PRICE and OBV (Blue arrows) started to form
2. 10M TF Chart: A regular Bullish Divergence between Price an dOBV formed.
I took my chance and I entered LONG around there.
It turns out:
- It was the low of the day so the 10M TF Chart Divergence did not lie.
- a nice LIQUIDITY SWEEP DOJI in 3H TF Chart on the low of the day creating the Hidden Divergence (DOJI 2)
So let’s see what happens !
Thanks for following
PS: ALT COINS SEASON ALWAYS STARTED IN FEBRUARY IN THE PAST SO IT IS WORTH BEING STOPPED OUT A FEW TIMES BEFORE IT STICKS !!!!
I Took the Bullish Hidden Divergence -> STOPPED OUT
I Took my chance on the Liquidity Sweep at $2.30 -> STOPPED OUT
Now What ?
I looked for clues in all the Time Frames. It has to be somewhere and Here is what I found:
- 1W TF Chart offers 1 clue:
The trend Channel in the weekly chart is evident if you draw the bottom line of that channel based on the top line that has already formed. (Yellow Lines).
The low of of Tuesday morning touched that line at $2.06-2.10
- 3H TF Chart offers another clue:
LIQUIDITY SWEEP DOJI when price touched the bottom trend line (DOJI 1)
So here is what I did:
I waited for a second bottom after that DOJI 1 and here is what happened:
1. 3H TF Chart: A Bullish Hidden Divergence between PRICE and OBV (Blue arrows) started to form
2. 10M TF Chart: A regular Bullish Divergence between Price an dOBV formed.
I took my chance and I entered LONG around there.
It turns out:
- It was the low of the day so the 10M TF Chart Divergence did not lie.
- a nice LIQUIDITY SWEEP DOJI in 3H TF Chart on the low of the day creating the Hidden Divergence (DOJI 2)
So let’s see what happens !
Thanks for following
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.