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Stochastic Oscillator

BTCUSDT Local S/R Zone| Price Action| .618 Fibonacci| Trend Evening Traders, Today’s analysis – BTCUSDT – trading at a local area of confluence where a rotation to the highs is probable, Points to consider, - Price Action Corrective - Bullish OB Support - .618 Fibonacci Confluence - Swing High Objective - Trend BTCUSD’s immediate price action is corrective and is trading at a technical location that has confluence with the .618 Fibonacci and Bullish OB, allowing for a bullish bias. The swing high is the immediate objective, exceeding this level is likely to lead to a trend continuation. the current The immediate objective is the swing high, exceeding this level is likely to lead to a trend continuation. Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “It’s OK to be wrong; it’s unforgivable to stay wrong
BITSTAMP:BTCUSDLong
by AzizKhanZamani
GALAUSDT Daily Range| Price Action| Trend| Volume Evening Traders, Today’s analysis – GALAUSDT – trading in a high timeframe range where a rotation to the range mid is probable, Points to consider, - Price Action Impulsive - Bullish OB Support (Range –Mid Confluence) - Daily S/R Objective - Low Volume GALAUSDT immediate price action is impulsive where a correction to the range-mid will allow for a long entry. The Bullish OB Support is in confluence with the Range-Mid S/R, a retest of this level is like to be respected. The current volume profile is below average, an influx is highly imminent when testing a key trade location. The overall objective is the Daily S/R, exceeding that level will lead to a trend continuation. Overall, in my opinion, GALA is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “Ultimately, consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captures ( and ruled) by your emotions.” ― Yvan Byeajee
Long
by AzizKhanZamani
1
Friday BTC Report. Dropped a lot and more to comePrice is in a freefall right now. There are a few places it should stop. The first place is a previous retracement Seller’s Last Stand Zone (SLS or 78.6-88.6% Retracement Level) between 51,384 and 50,215. Price broke through this as I was typing this up. It is holding but price took a fast train down over $3,000 in the last 15 minutes. It has now moved down to exactly 48k and seems to be coming back up but I just watched BTC drop 6k in about 6 min. First, let’s look at Impulsive Move 1 and Retracement Move 2. We will also look at the SLS zone created by Retracement Move 1. If you look at the chart, the retracement from Impulsive Move 1 (I am calling this Retracement Move 2) came down almost all the way down to the Seller’s Last Stand Zone between 39,313 and 38,239. Price wicked down to 39,600 which for Bitcoin is the same as hitting the target. You will also notice that it was inside the 50-61.8% zone (Buyer’s Zone). In this retracement, price did not go very far into the 50% zone and it did a prefect second touch and then shot up strongly from that second touch. It was also a shorter retracement in terms of time. This was only 22 days. Second, let’s look at Impulsive Move 2 and Retracement Move 3. We will also look at the SLS zone created by Retracement Move 2. Looking at the chart, the retracement from Impulsive Move 2 (I am calling this Retracement Move 3 and is the current move) Price has completely pushed past the Seller’s Last Stand Zone from Retracement Move 2 between 51,384 and 50,215. Price has also broken well below the current 50% zone and is heading quickly toward the Buyer’s Last Stand Zone between 46,707 and 44,053. Price has almost broken down out of the channel but seems to be respecting it currently. I doubt this will hold. Price is really reaching right now. Both the H1 and H4 LASS support price dropping further. I do believe we will see close to if not just below 40k BTC this weekend. Maybe even tonight. I may not get any sleep tonight lol.
COINBASE:BTCUSDShort
by stikytrading
CHZUSDT Price Action| Swing Low| Trend| Volume Evening Traders, Today’s analysis – CHZXUSDT – trading above its current support level where a deviation to the highs is probable, Points to consider, - Price Action Impulsive - Local S/R Support - Range High Resistance - Low Volume CHZUSDT’s immediate price action is impulsive, holding a key level as support, allowing for a bullish bias. The Range High is the immediate resistance, exceeding this level will lead to a trend continuation. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion,CHZUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember. “Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” – Ed Seykota
Long
by AzizKhanZamani
2
Wednesday BTC Report. Consolidation slight rise.BTC is consolidating. More than likely, it is the news of COVID that is suppressing it. There isn't any news I can find that is negative toward BTC. The DXY is coming down but it is not having the effect on Bitcoin. BTC Dominance is still sideways too. The Daily and H4 LASS are both in the middle of the range with no momentum. All this contributes to the sideways action over the last 4 days. Price has been staying above 57k and the 8MA. The stoch is pointing up but that hasn't made any difference lately. Hopefully price will finally move up but there may be even more consolidation in store.
COINBASE:BTCUSD
by stikytrading
1
CRVUSDT Range High| Range Low| Price Action| Trend Evening Traders, Today’s analysis – CRVUSDT- trading bac within its range where a deviation to the lows is probable, Points to consider, - Price Action Impulsive - Range High Resistance - Range Low Support - Low Volume - RSI Neutral CRVUSDT’s immediate price action is impulsive and is trading near its range high where a rejection is probable, allowing for a bearish bias. The immediate support is the Range Low, exceeding this level will increase the probability of a trend continuation. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, CRVUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
Short
by AzizKhanZamani
2
Monday BTC Report 21-11-29Price is currently playing between the 50EMA and the 8EMA. We didn't get a higher high before the retracement and you can see in the descending channel that price still did not break out of it. News events are affecting the run at this point. FUD brought on by misinformation from misguided news outlets worldwide. The DXY is falling predictably as well but the issue for BTC I think is Dominance. It has been consistently falling and is now around 42% which is very low. ETH Dominance on the other hand has been steadily increasing and is higher now than it has been since March of 2018. I do believe that much of the investment in crypto from the retail side is in the ALT coins. That's where the hype is and that's where retail investors usually put their money. In hype created by the institutions.
COINBASE:BTCUSD
by stikytrading
SHIBUSDT Falling Channel| VWAP S/R| Price Action| Trend Evening Traders, Today’s analysis – SHIBUSDT- trading in a clear descending channel where a breakout continuation is probable, Points to consider, - Price Action Impulsive - .618 Fibonacci Support VWAP Confluence - Swing High Objective - Low Volume SHIBUSDT’s immediate price action is corrective and is trading at a key trade location that has technical confluence with the .618 Fibonacci and the VWAO S/R, allowing for a bullish bias. The Swing High is the immediate objective, exceeding this level leads to a trend continuation. The current volume profile is below average, an influx is highly imminent when an expansion occurs. Overall, in my opinion, SHIBUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “You’re going to learn a million things, then you need to forget them all and focus on one.” – SunriseTrader
Long
by AzizKhanZamani
1
LTCUSDT PA Channel| POC| .618 Fibonacci| Low Volume Evening Traders, Today’s analysis – LTCUSDT – trading at an area of confluence wither a rotation to the highs is probable, Points to consider, - Price Action Impulsive - POC S/R Support (.618 Fibonacci & VWAP Support) - Low Volume - Uptrend LTCUSDT’s immediate price action is impulsive and is trading at a trade location that has technical confluence with the VWAP S/R and the .618 Fibonacci, allowing for a bullish bias. The current volume profile is below average, an influx is needed for a trend continuation. The current trend is bullish in a PA Channel, maintain the current support will keep the market structure intact. Overall, in my opinion, LTCUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work, And remember, “Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.” – Ed Seykota
Long
by AzizKhanZamani
3
Sunday BTC Report. Small retracement then continuation up.BTC is no longer on sale lol. No Cyber Monday apparently. Saturday was a really strong move out of the 50% zone and has support from the Stoch and LASS. DXY is coming up a little today. And BTC Dominance is finally near a new high around 43%. I expect a small retracement around the 50EMA before price continues in the uptrend. I also made a few changes. I am using the Line Chart now since Lee was talking about how the institutions look at charts. Since BTC now has a lot of institutional money I would rather look at it their way. Also, I am putting the values in the chart because it was brought to my attention that the numbers on the charts weren't legible. Happy Trading! So it looks like the Buyer's zone worked after all. That little retest was all it took and price jumped by around 4,500 so far over the last few hours. If you look at the structure, the candle coming out of the zone that ended Saturday was the entry. Price did come back in and retest but only with a wick. Not with any strength. It's amazing that if you look left to the red circle, there is a serious bit of structure that held. That Rally - Base - Drop - Base - Rally is exactly where price did it's Drop - Base - Rally into and out of the 50% zone.
COINBASE:BTCUSDLong
by stikytrading
1
Saturday Night BTC Report. Consolidation with a probable drop.So, I am trying to use a line chart now instead of candles and wicks. We will see if this is more accurate. Right now BTC is retesting a 50% zone. I think we may see a drop into the zone overnight. There is a level at 52,700 that might work out as a reversal zone. but I would also wait and see if it hits the 200EMA which would be around 49,900. BTC dominance has broken the 8MA up but is still at less than 43%. I'm trying something different today. I am using bodies not wicks. So I am using a line chart instead of candles for the Fib levels. We will see if that proves to be more accurate. Still working on the daily chart. Right now, price has retested that 50% level and has paused. I think that peak t the left at 52,698.81 is probably going to be tested tonight. This would make a great entry if the blue crosses the orange on the stoch. Pivots isn't working right now so I don't have any info from there. I also found out that the screenshots don't show the values so I am including them on the lines and boxes.
COINBASE:BTCUSDShort
by stikytrading
Black Friday BTC Sale Report.Black Friday Sale BTC Report lol. So it's the Friday after Thanksgiving here in the US and BTC is on special pricing sale! There may be a small drop over the next few days but BTC is on the clearance rack. Get it while supplies last! I don't see why BTC would jump out of this zone right now. I really feel like it is coming down to the two reversal zones I have indicated on the chart. Also, we are close to the 78.6% zone so that would be just in time for Christmas! Thank you Bitcoin Santa! So BTC did go up and retest. But then continued on down past the 50% zone. If you look to the left, there is good structure at this level. But I don't think BTC is done falling. Structure at 53k and 51k are places BTC can go down to without much struggle from current price. Daily LASS is oversold on both Red and Orange. Yellow is more or less in the middle of the range. No momentum on any of them though. H4 LASS has momentum on the Yellow and it looks pretty strong. But Orange is still coming down and red is tipping up just slightly from the oversold area. On the LASS chart based on KOT4X the 200 EMA is very close to current price at around 52k. As you can see on the Trading View chart based on Coinbase, the 200 EMA is significantly lower; around the 50k level. The DXY is closed now and has dropped significantly today. But that is not reflected in BTC's price. And BTC Dominance is still stuck in the low 40% levels. Unfortunately, this does not look healthy for BTC right now.
COINBASE:BTCUSDShort
by stikytrading
NZDJPY Local S/R| VWAP| .618 Fibonacci| Trend Evening Traders, Today’s analysis – NZDJPY- trading at a key trade location where a bounce is probable, Points to consider, - Price Action Impulsive - Local S/R Support VWAP & .618 Fib Confluence - Swing High Objective - Below Average Volume NZDJPY’s immediate price action is corrective and it trading at a key trade location that has technical confluence with the VWA S/R, the .618 Fibonacci and the Local S/R, allowing for a valid entry. The current volume profile is below average, am influx is imminent when testing a key trade location. The current objective is the swing high, exceeding this level will lead to a trend continuation. Overall, in my opinion, NZDJPY is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “Amateurs think about how much money they can make. Professionals think about how much money they could lose.” – Jack Schwager
Long
by AzizKhanZamani
4
TLMUSDT Weekly S/R| Price Action| Range| Trend Evening Traders, Today’s analysis – TLMUSDT – entering a new trading range where an impulse to the upside is probable, Points to consider, - Price Action Impulsive - Weekly S/R Support - Volume Influx - 1.618 Fibonacci Extension TLMUSDT’s immidiate price action is impulsive and is trading above a key weekly level that needs to hold for a bullish bias. The Weekly S/R Retest will be an indication for a rotation back towards the highs with the current 1.618 Fibonacci Extension target. The volume profile has a strong influx, follow through is needed for sustained momentum to the upside. Overall, in my opinion, TLMUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, It does not matter how slowly you go as long as you do not stop.”Confucius
Long
by AzizKhanZamani
2
HBARUSDT Price Action Range| Range High| Range Low| Trend Evening Traders, Today’s analysis – HBARUSDT- trading within a large range where a deviation towards the lows is probable, Points to consider, - Price Action Impulsive - Range High Resistance - .618 Fibonacci Support - Low Volume HBARUSDT’s immediate price action is trading in a rising channel that has a probability of breaking down. The .618 Fibonacci is a key level that needs to be respected for a continued move back up. The current volume profile is below average, an influx is highly imminent on the next expansion. Overall, in my opinion, HBARUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.” ― Yvan Byeajee
Long
by AzizKhanZamani
1
BTCUSD Price Action Range/ Range Low/ Range High| Volume Evening Traders, Today’s analysis – BTCUSD – trading at a key range low levels where a deviation back up is probable, Points to consider, - Price action impulsive - Range Low Support - Range High Resistance - Low Volume - Trend BTCUSD’s immediate trend is corrective and is trading at the range low with the .618 Fibonacci confluence, allowing for a bullish bias. The range high is the immediate resistance, exceeding this level will lead to a trend continuation, The volume profile is currently below average, an influx is imminent on the next expansion. Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, “Freedom from blind reactivity begins with self-awareness.” ― Yvan Byeajee,
BITSTAMP:BTCUSDLong
by AzizKhanZamani
1