Just wanted to share this very relevant channel we are currently trying to break through. Have a good day.
Retest of retests. Let's HODL it strong. If not enough support we will retest the bottom of the channel. Will assess if sellers have more strength. Disclaimer, not financial advice and is only a potential Micro of a Macro.
Not financial advice, only stating that this is currently my zone I use for buying/accumulating. Strong support/resistance along this channel. I hope this helps anyone, if you have a better/more confluent zone, please feel free to share. Have a good day P.S. I have a daily candle overlay you can see within the chart.
You bet your ass I cried when I continued to close my eyes and buy a little more.
Not to be taken seriously. Everyone needs to calm down. So here's a sh_tpost.
I am reposting my last prediction post, only this time I am lowering the timeframe for easier micro tracking of its progress. As well as un-inverting the chart which I used as a tip for removing emotions when trying to be rational. End of the day, we have all stuck to our beliefs and are in it for the long term. I am proud. I am not usually so active with what...
Don't forget the leash. You wouldn't want him to run away from you. Keep an eye out for the bones he buried.
I marked with Gold vertical lines when the EMA's cross.
If you invert your chart, the patterns become easier to identify when you're not so emotionally invested and I hope you remember to zoom out and be rational. Now, I can see a possible Bear flag break-down if the Inverse head and shoulder pattern gets confirmed.
If you are ever unsure of where the trend may be heading, try and find the curvature of the Price action. Or how I now call it, 'The CodyCurve' I'm sure there is a more professional term for this, but this is how I see it. You can notice when the Sellers are in control because of that Bleeding out effect; like a waterfall, when going down is natural. When the...
You know what to look for. You know what has to happen. You see this everyday, on every time frame, on every move. I understand that when things get too clustered together , the image can get distorted and confusing to look at. We get overwhelmed with the Organized Chaos, that we become Disorganized in Chaos. Do not be intimidated by the Moves of the Market,...
I just want to remind everyone here that this is the real pattern that is currently playing out. Reference is Ethereum 3 year cup and handle pattern that formed since 2018. As you can plainly see. It is playing out nearly identical apart from the timeline of each drastic swing. But please remember, this is an over 3 year pattern squeezed into a 3 week...
Trust me or not. But be prepared for it just in case. What else do you have to lose. You don't need to immediately place orders because of this. But this is what you need to look out for. Not financial advice, I just don't know why most people can't see this. We have been going over this pattern on every Micro to Macro. Trade Safely, trade smart. HODL Hard.
As long as you HODL on and make sure you are not over exposed with High leverage and Low Liquidation points. There is nothing to worry about. Weekly Close is coming up. I expect a powerful yet fast Liquidation hunt, afterwards a quicker movement to the upside before more buyers are able to get their funds in order.
In case you were unaware, or currently have trouble remembering at times. There is always a retest. Never Fomo in the middle of a price run up. Calmy look at the chart, any significant pattern break out will require a minimum of one retest. Larger the pattern, the more retests it requires. What counts as a retest area is usually the MIDDLE of its channel, or...
Honestly, I have not been worried this whole Dump. Why? Because my orders were placed a week ago and even more orders were placed based off of the last micro inverse Head and Shoulder I posted. And we only just got low enough to increase my position size just slightly more expensive than the last time. But hey, I'm just a guy on the internet. Judge me on my...
Here are some current things I am looking at. To better explain my buy zone, anytime significant support/resistance areas are broken. That area becomes my Buy Zone/Reaccumulate area. To keep from buying too early, despite knowing multiple retests will come, like it always happens. I restrict placing any additional orders unless it enters: Above Within Below My...
On lower timeframes I have noticed a significant shift in price action. The moves are more methodical and controlled. Perhaps gearing towards a much more noticeable shift in the trend. From how i see it we have entered an inverse head and shoulder pattern forming. We have broken the neckline and no matter where the downshift of the right shoulder forms, this...