While OBV looks shit and PnF points to 31.500, there's confluence at 34k. Would you bet on it? Personally i won't. We are at mark down phase of wyckoff distribution. Better be late to the party than show up at someone elses party.
Hi all, Bitcoin managed to cloas the week above 50k. While this physcological level gives comfort, the real resistance is at the weekly 51.791 and we are below that level. That said, consolidating under resistance is considered bullish, however, we don't know how price will react after passing this level. The wyckoff distribution i have pointed out in my...
Devil has it's own signature :) And 66.666 came up couple of times during the last week. This time it matches the mid-line of the upward channel. Don't get me wrong, i didn't work around this number, it was just very close to the intersections. So, my previous analysis is still in play and should this be a distribution, we will reverse at around 66.666 and...
Hello my beauties. I think that XRP/USDT is in a phase of reaccumulation, so I will be waiting for the price to retest demand and confirm the schematics to take a long trade. The arrows do not indicate exact price, rather the events that would take place in case the reaccumulation has been read correctly. If you find this idea to be helpful like, follow, and...
Hello my beauties. I think that the USD might be distributing, on a 1hr chart we are looking at a LPSY, the moment before a Markdown (impulsive move towards the downside). If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with...
We are all obsessed with the direction of price which we can't control and don't care enough attention to what we can control, such as our position sizing and action plan if the certain targets are met. That's why i'm always providing my bullish targets and i'll review these on a weekly perspective. We just got a pump on the last 2 hours before daily close with...
Not much to say, unless we rally up and break above $37k, the next 2 weeks will be a blood bath! What if it does not stop there?