Institutional
GrayScale Accumulating LitecoinDear Traders,
In the last 30 days Grayscale has bought a bunch of litecoins.
This information is updated daily and you can be found here: www.bybt.com
If we look at the chart a clear double bottom formation is drawn.
It's time to do something about it.
Entry: @141$
Profit Targets:
TP1: 184$
TP2: 213$
TP3: 234$
TP4: 252$
Stop-Loss
SL: 135$
Bitcoin (BTC) Falling Wedge Institutions Still BuyingSince Bitcoin hit an all time high of $42,000 it needed to slow down and simmer. We we briefly formed a symmetrical triangle only to break down into a falling wedge pattern. Wedge patterns can signal either a positive or negative price change. In Bitcoins scenario a falling wedge would be considered a "bullish" pattern. Of course we need to wait for a breakout of the wedge and an increase in volume before we're out.
In a worse case scenario we break down to the $19,000 - $22,000 levels but I'm sure Bitcoin at those prices would get swallowed up instantly.
Institutions such as: MicroStrategy Inc, Grayscale Investments, Square Inc (Cash App), Paypal, Pantera Capital, Skybridge Capital, and ect... Have all been accumulating Bitcoin around these current price levels and I'm sure they'd love to buy panic selling at $20,000 even more. I know I would too.
For most of these institutions accumulating Bitcoin price is completely irrelevant. What matters is how you own.
The fundamentals for Bitcoin have never been stronger. The overall trend is still positive and you have a line of financial institutions waiting to fill their Bitcoin bags this year more than ever before.
Much peace and love. Cheers!
Potential AUDJPY reversal , Harmonic Bat PatternAUDJPY is making its way up into a highly rejected price zone , as you can see its already slowed up and started rejecting now that its inside the zone of a orderblock on the daily time frame . The Price action is forming a beautiful harmonic bat pattern . For the pattern to be valid wait for price to extend into the harmonic entry zone and show signs of rejection/reversal . A bearish engulfing candle would be a great confirmation . Take profit targets will be price structure levels . TP1 should be about 28-30 pips or more , TP2 is around point A and the Fair Value Gap . TP3 is the sell side lquidity level clearing out old liqudity voids.
GBP/USD Institutional TradingHello everyone!
I am sharing this possible next trend for the British Pound against the United States Dollar.
We observe that there are many zones were liquidity has not been taken yet (at the bottom of
the wicks marked with €), while many of them were hit (x). This is why institution are probable to point towards that liquidity pool
in order to gain from other retailers stop losses.
Analysis were performed on the smaller timeframes as well.
Personally I am aiming for at least 3 clear entries as I reported on the charts with a very little stop loss.
Since we do not have all the tools that big institution have I advise you not to jump as soon in the trade, but wait indeed for confirmations.
FX:GBPUSD
GBP/AUD Institutional TradingHello everyone!
I am sharing this possible next trend for the British Pound against the Australian Dollar.
We observe that there are many zones were liquidity has not been taken yet (at the bottom of
the wicks market with € ), while many of them were hit ( x ). This is why institution are probable to point towards that liquidity pool
in order to gain from other retailers stop losses.
Analysis were performed on the smaller timeframes as well.
Personally I am aiming for at least 3 clear entries as I reported on the charts with a very little stop loss .
Since we do not have all the tools that big institution have I advise you not to jump as soon in the trade, but wait indeed for confirmations .
FX:GBPAUD
US30 > institutional tradingAs you know, institutions do manipulate the market. We can see that many times liquidity (retail traders stop losses, sell limit etc)
was hit before continuing the normal trend.
This might be a good entry point for a short position since the market after taking the liquidity returned to its previous high to then sell off at our
entry point.
XAU/USD > intitutional tradingHello everyone!
As you know, institutions do manipulate the market. We can see that many times liquidity (retail traders stop losses, sell limit etc)
were hit before continuing the normal trend.
This might be a good entry point for a short position since the market after taking the liquidity returned to its previous high to then sell off at our
entry point.
OANDA:XAUUSD
www.colibritrader.com
FIb on the Wick - Pt 3I wish I could post a screenshot of my running trade here.
Once again I'm showing this concept here, it's been a while now I've been catching trades on gold drawing my zones and watching those big wicks, entry on 50% of the wick.
I can only say that once you backtest something and take trades practicing that same thing, you get more confident with the time.
Gold is amazing for tracing areas of demand and supply, premium and discounted prices and it always leave big wicks, then you take the opportunity to seize a good trade
EURUSD SHORT SWEPT LIQUIDITY FROM HIGHS, POTENTIAL SHORT FILLING IMBALANCES AND MITIGATING ORDER BLOCKS... RALLIED FRO YESTERDAYS LONG ON EURUSD DESCENDING CHANNEL, FOLLOWING DAILY DESCENDING CHANNEL WITH WYCKOFF DISTRIBUTION AT THE TOP OF THE CHANNEL, FOLLOWED DOWN BY TREND FOLLOWING MARKDOWN TECHNIQUE
AUDUSD4hr structure price is creating lower lows
from the previous high we had POI , so we are basically waiting for the 50-55% retest of those institutional candles which is the area 88.60 on fibs.
Sl 20 pips because price might come to the liquidity area , swep it and then coming down. There i would go for a possible stophunt. Let's see the price action as soon as NY is open
$ETH - If You Dare To Short the Dreaded "Crash After ATH"This is what that short might look like. There's a bearish order block just above the Unbalanced Gap on Jan 19 at 2100 CST at the price of 1396.05
I'm leaving quite a bit of room to be in the red because I see a possibility that it could spike throught the high once again before the fall so I added an extra $10 to the high. But I've been saying it for two days that it would fall a little after the high, retrace about 80% amd then fall again. And the 80% just happened to the perfect moment to make the short. That's the MO we've been seeing in all the other crypto's.
I have marked out 4 take profit zones as I feel those are potential areas it could reach and possibly turn around and go back up with reaching the full 100% of the short trade that I'm calling for.
I still think 1145-1133 is an area to where it will spike really hard and turn around and go back the other way just because of the level of liquidity near 1150 and the bullish order block around 1133. The fact that the 150% Extension of this trade is right at the level that I've been calling to watch for it to go into liquidity and return bullish is what makes me believe this is very possible. Confluence is King. You can see my entire markings of the chart if you just move it around and you can find those areas I'm looking for. I believe it is overall bullish but it is in that area to where it wants to scare people with a fall so they will sell and so the institutions will buy back at a lower price.
My short Idea is more geared towards those playing the Futures or Contracts for Difference markets. And not the people that have a staking or equity account where your ethereum holds value. Don't touch those accounts. Don't try to sell where I say and try to buy back up where I say, that is not how this works. Again, the Idea is for those playing Futures or CFD's. If you don't know what either are, it's just best to ignore this idea :)
Just my two cents, at the same time we see ETH start to decline and have that scare, watch Bitcoin, I'm almost positive it will be on the rise. So if you're a trader, you might be in luck to also get a short out of ETH/BTC.
Good Luck and Happy Trading.
Tedzily aka Bodies X Wix
KRAKEN:ETHUSD
Gold longwe can clearly see gold is still very bearish so i expect price to drop to 1800 institutional level and then i would be interested to see how price react before i go for a long drop a comment if you agree