Friday Night BTC Report. Slight increase over the weekend.Friday Night BTC Report. Maybe a slight increase in price overnight. Probably more consolidation over the weekend. DXY is closed so will have no effect. BTC Dominance is still dropping as the ALT coins take center stage thanks to Facebook news and NFTs growing in popularity and general knowledge. Just realized I didn't do a Thursday night report. Well, lately they all look the same.
Stochastic Oscillator
Wednesday Night BTC Report. Small Dip going higher into the mornWednesday Night BTC Report. Ok, this is really Thursday morning already but you get the idea. Added some cool color shading to the charts to make it prettier. Bitcoin doing it's best to make life prettier. The Stochs say down but everything else says up. I'm thinking we may have a small retracement and then push higher into the 50% zone into the morning. DXY trying to move up and the BTC Dominance still seems to be dropping. ALT season is in high gear. Many of our projects are making double digit gains daily. Sheeeeesh. Glad I have those ♦️🖐🏻!! That DOT though...
SOLUSD Price Action Range| Price Discovery| Volume| FibonacciEvening Traders,
SOLUSD’s immediate price action is trading above its range, maintaining these regions will likely continue the trend,
Points to consider,
- Price Action Impulsive
- Price Discovery
- Blue Sky Breakout
- Declining Volume
SOLUSD’s immediate price action is leaving a consolidation phase where bullish continuation is probable.
The price discovery has technical Fibonacci targets situated at the 1.618 extension, temporary top here is likely to be placed.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, SOLUSD 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
Tuesday Night BTC Report. Small retracement followed move upTuesday Night BTC Report. Small retracement with a move up after. BTC is struggling to get above the 50% zone but it looks like it will either be tonight or maybe tomorrow sometime when we get that nice bullish engulfing candle out of the zone. Probably stop a little bit at the 78.6% zone before creating new all time highs. DXY only slightly moving down as is BTC Dominance so small moves all around overnight more than likely.
Monday Night BTC Report. Slight uptrend but with supportMonday Night BTC Report. Looks like BTC finally figured out what it wants to do. All the indicators are aligned. The Daily and H4 Stochs are pointing up, Daily and especially H4 LASS is too. DXY is moving down slightly and BTC Dominance is moving up slightly. I guess BTC was just waiting for November to begin.
ETBHUSDT PA Range| Broadening Wedge| Swing High| Trend Evening traders,
Today’s analysis – ETHUSDT – trading in a range where a rotation to either side is probable,
Points to consider,
- Price Action Impulsive
- Range Mid Support
- VWAP S/R Support
- Low Volume
ETHUSDT’s immediate price action is impulsive and is treading in a broadening wedge where a breakout is probable, allowing for a bullish bias.
The VWAP is current support, holding this level is deemend bullish as it is in confluence with the Range-Mid.
The current volume profile is below average, an influx is highly probable when an expansion occurs.
Overall, in my opinion, ETHUSDT 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 not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros
Monday Morning BTC Report. Still consolidating.Monday Morning BTC Report. Still in consolidation but did not go down last night. Price is at the same exact level it was two weeks ago. DXY falling slightly and BTC Dominance falling slightly. Hence the Doji on the Daily. Looks like I have to get my shoe ready lol. Glad some of you got that..
Sunday Night BTC Report. Short with a chance up consolidation.Sunday Night BTC Report. So BTC is struggling. DXY is open and moving up slowly, BTC Dominance is dropping and is really just a doji right now. Below the EMAs. The Stoch on the DXY is pointing up on the Daily and H4. The ALTs have calmed down for the most part so we should see a good week for BTC. If you look at the Weekly, price has been consolidating for the last two weeks. It's time to get a move on BTC!!! Don't make me take off my shoe lol.
LTCUSDT Daily Range| Price Action| Trend| Volume Evening Traders,
Today’s analysis – LTCUSDT – 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
LTCUSDT’s 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, 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,
“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
Saturday Night BTC Report. More Consolidation but looks bearishSaturday Night BTC Report. DXY is still closed. BTC is in a bearish pattern on the Daily. A pretty strong one. The Stoch agrees but Pivots disagrees. We will see who wins overnight. Or price may just sit there like a bump on a log and do nothing. BTC Dominance is dropping off the 8MA slightly which is expected after all the hype of the Meta coins. Sure hope you got into MANA when we posted that Chocolate Cake trade. Sheesh. 250% in a week. If you look at the BTC Chart, you will see two Stochs at the bottom. They are the same indicator with the same settings just different timeframes. The top one is the Daily and the bottom one is the H4. Pretty cool.
Saturday Morning BTC Report. More Consolidation ALTS win.Saturday Morning BTC Report. More Consolidation with a possible tick up. The DXY is closed so no effect there. BTC Dominance bounced off the 50EMA and is coming up. But I think the ALTs are taking all the wind out of BTC's sails (sorry the Fort Lauderdale Boatshow is in town this weekend). So it may be a few days of rough seas for BTC.
Friday Night BTC Report. ConsolidationFriday Night BTC Report. BTC Not doing much after wicking into the 50% seller zone. We have a seller's candle right now but a small one and conflicting signals on the Stoch and Pivots. May consolidate some more. The big move on the DXY today did not have any effect on BTC. And BTC Dominance is still chilling between the 8 and 50EMAs The Stoch on the Daily for BTC Dominance is oversold and tipping up. Look for it to cross the 8MA and then we may have some good momentum.
Friday Morning BTC Report. BTC SidewaysFriday Morning BTC Report. So price did not do much overnight. The DXY effect did not push price down though so that is a good sign. Maybe BTC is not as correlated with the DXY anymore. It is a truly worldwide currency so it really shouldn't be that correlated. BTC Dominance is stagnant but has not crossed below the final EMA and the Stoch is at the bottom but has not crossed the 20% yet. May not. ALTs are still partying it up. MANA is up 44% and I am one happy hodler lol.
Thursday Night BTC Report. BTC moving up. ALTs moving up.Thursday Night BTC Report. BTC still rising. The DXY moving slightly down and the BTC Dominance also moving slightly up give strength to the move. The DXY is also below all the EMAs except the 200. The ALTs are having a blast right now with several tokens we follow having double digit gains over the past few days. Looks like crypto may be on the move again.
EURAUD Range High| Range Low| Price Action| Trend Evening Traders,
Today’s analysis – EURAUD – trading in a price action range where a rotation to the lows allows for a bullish bias,
Points to consider,
- Price Action Impulsive
- Range Low Support
- Bearish Order Block
- Range High Resistance
- RSI Over-extended
EURAUD’s immediate price action is impulsive where if trading at range low allows for a long biased entry.
The Bearish OB is likely to produce resistance where a rotation towards the lows will them become probable.
The current RSI is over-extended, a reversion to the mean is probable after an oversold bounce comes to fruition.
Overall, in my opinion, EURAUD 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 not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros
Thursday Morning BTC Report. BTC moving up.Thursday Morning BTC Report. Price shot up overnight and really from 4am to 8am EST. This makes sense from the H4 Stoch and Pivots. I expect us to close near the new 50% seller's zone at around 62,5k today based on what's going on now on the H4. Also, the DXY is coming down and moving toward the 50EMA. Interestingly enough again, BTC Dominance is still dropping slightly. But the candle right now is a buying candle. After bouncing off the 50EMA, dominance has come up and is currently at the 8MA.
Wednesday Night BTC Report. Consolidation before dropping moreWednesday Night BTC Report. We will probably have a day or maybe two of consolidation. All the buzz lately on Shiba and other meme coins are probably taking a toll as the BTC Dominance is dropping and still below all but the 50EMA. The DXY is dropping slightly so that is maybe where BTC is getting its buying pressure but I don't think that is going to last. I expect to see 56k tomorrow or Friday.
MIRUSDT Daily S/R| Range Low| Price Action| Trend Evening Traders,
Today’s analysis – MIRUSDT 0 trading at a key Daily S/R where holding this level is deemed bullish,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Range High Resistance
- Low Volume
MIRUSDT’s immediate price action is trading at a key level where holding this support allows for a bullish bias.
The range high is the immediate objective, 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, MIRUSDT 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,
“Sometimes the best trade is no trade.” – Anonymous
Sunday BTC Report. Still consolidating around the 23.6% Fib leveSunday night BTC report. Still consolidating at this time but we still have not closed below the 23.6% fib level. We have a buy candle right now and the DXY is below the 8 and 21 EMAS and should drop overnight. At least to bounce off the 50 or even as low as the 200. BTC Dominance is coming slowly back up too. Seems like BTC is loading up steam for a big bounce..The Stoch has finally breached the 80% slightly but the H4 is on the way up so at least overnight we should see a rise in the price of BTC.
NEARUSDT Local S/R| Daily S/R| Price Action| Trend Evening Traders,
Today’s analysis – NEAR- Trading towards a technical trade location where a bounce is probable,
Points to consider,
- Price Action Corrective
- Local S/R Support
(.618 Fibonacci Confluence)
- Daily S/R Objective
- Low Volume
NEARUSDT’s immediate price action is corrective, trading towards a technical trade location that is in confluence with a Local S/R and the .618 Fibonacci, allowing for a bullish bias.
The current volume profile is below average, an influx is highly imminent when expanding from a the trade location.
The current objective is the Daily S/R Resistance, exceeding this level will lead to a trend continuation.
Overall, in my opinion, NEARUSDT 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,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
SXPUSDT Daily S/R| Ascending Channel| Price Action| Trend Evening Traders,
Today’s analysis – SXPUSDT – trading in a ascending channel with support confluence, allowing for further upside,
Points to consider,
- Price Action Impulsive
- Descending Channel Support
- Daily S/R Objective
- Low Volume
SXPUSDT’s immediate price action is trading at a support confluence zone, the channel support and the Order Block, allowing for a bullish bias.
The immediate objective is the Daily S/R, exceeding this level increases 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, SXPUSDT 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,
“There are no guarantees in trading. The sooner you accept that you sooner you can release your expectations and focus unconditionally on a proven process.”
― Yvan Byeajee
FTMUSDT Descending Channel| Swing Low| Price Action| Trend Evening Traders,
Today’s analysis – FTMUSDT – trading in a descending channel where upside resistance is likely to be hit,
Points to consider,
- Price Action Corrective
- Local S/R Support
- Dynamic S/R Resistance
- Declining Volume
FTMUSDT’s immediate price action is corrective, trading at a key trade location (Local S/R) where a bounce is probable, allowing for a bullish bias.
The Dynamic S/R Resistance of the decesending channel is a zone that is likely to get tested upon the rise ( first trouble area).
The current volume is below average, an influx is highly imminent when the next expansion occurs.
Overall, in my opinion, FTMUSDT 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,
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
FTMUSDT Local S/R| Bearish Retest| Price Action| Trend Evening Traders,
Today’s analysis = FTMUSDT – trading under local resistance that needs to be broken for a bullish continuation,
Points to consider,
- Price Action Impulsive
- Local S/R Resistance
- .618 support
- Low Volume
FTMUSDT’s immediate price action is corrective, holding current low is critical for a mean reversion.
The Local S/R is current resistance, breaking this level will signify strength, allowing for a bullish bias.
The current volume profile is below average, an influx is needed for a bullish continuation.
Overall, in my opinion, FTMUSDT 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,
“Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.”
― Yvan Byeajee