LTC SHORT!LTC is stuck in this consolidation zone and has been for 5 days now,
i have an alert set just before the resistance line for a short.
Take profit 1 set at the next level of 0.004609 then i will let the rest play out down to demand.
Trend bias Bearish
LTC/XBT 4hr
Mbadynasty
Whos Ready for a Pullback???XBT has failed to break resistance 3 times now.
overall trend still bullish however we are long over due for a pullback.
I think we should see some new market structure here and perhaps a drop down to the demand zone. I will be watching closely for shorts
XBT/USD 4hr
Bouncing around the 61.8 before another move to the upside.After a 17% drop over the weekend we now are back in a nice consolidation zone.
this level is right on our 61.8 fib level,
it also lines up with previous structure before we seen a move to 10k.
Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up.
I am seeing a lot of these candles in this zone which have wicks to the downside.
That indicates buying pressure. I will be looking for longs off the trend.
Trend bias still telling us we are bearing for the minute
XBT/BTC 4hr
h&s inverted h&s trialing a support push to previous supportinverted head and shoulders potential 4.4% from entry
Eos hitting triple bottom good for a long....little bit riskyEos hitting low on the daily, lots of support at this area I'm seeing a big long position, my stop loss is a bit tight.....
Lets see what happens???
XBT has made a full recovery from Covid -19!!!!XBT has created new market structure and we are back to the price level pre covid-19
There is strong resistance to break with an equally as strong supply block, the next supply level isn't as strong (due to only a small consolidation zone before it) meaning we could easily break though it.
XBT is a no trade zone for me at this stage. I will be looking for shorts if the retest fails to close above resistance.
The demand zone is very strong with a decent consolidation zone before it and lots of previous structure. if we make it back down there, in my opinion it wont be for long.
XBTUSD D
Double Top - is this the Retrace?I am seeing signs of a retrace now.
we have failed again to break through the supply zone, forming a double top.
I think we will see a bounce around at the 1st demand zone before potentially breaking down to the second zone
XBT 4hr
LTC continues to push down!!LTC has been in a downwards trend for quiet sometime now.
I am currently watching this current demand block.
if we break though it we should see a move down to the next demand zone or even a touch and bounce off it. that's when I will be looking for longs.
no trade just yet.
if we tweezer bottom off the support then I will be looking for longs after a break in the trend
we also haven't seen much of a consolidation on this m20 chart
LTCM20
4hr
XBT trying to crack that resistance level agian????a few minor changes from yesterdays chart,
today we broke out of the consolidation zone in a bearish move but the bulls came back and stopped the price getting through the demand zone. also lines up with the 61.8 on fibs
I am thinking we are going back up to try and break that resistance level once more.
XBTUSD 4hr
Indicision and more Indicision!! XBT looking very indecisive as we move slowly through this current consolidation zone. I am waiting for a retest at resistance to see if we can create new market structure.
XBT 4HR
Back to the consoladtaion zone!still in the consolidation zone after the weekends drop.
In my opinion we bounce around in this zone for a few days before we see another move
Current direction is up however trend bias is still bearish.
XBTUSD 4hr
Let me know your thoughts
Short term SHORT! Short term short back down to the trend before we try to crack that supply zone again.
Entry 7184
Target 6800 - 6750
Stop Loss 7291
XBT/USD
4hr
ETH Moving closer to the Supply ZONE!!After a decent 20% move in the last 24hrs can we break this resistance and make it up to the supply zone?
In my opinion this looks like a key level and could be a hard level to break.
we could consolidate just below this resistance for a few days before a re-rest.
ETH/USD 4hr
