ChartmanChris

ChartmanChris

BNB is trying to find acceptance in the entire Value Area of the M Bullflag. It took out most of the break out levels stops and is now back in the that range, 5 m falling wedge into 5 OS for an H HL was my attempt but got stopped out. I got stopped out of my M SWING the last few days. attempting a daytrade reentry with clear stops under this H level. next...

ChartmanChris Updated 

Broadening wedges everywhere across the crypto sector. . on 4h Timeframes on the 5 m timeframe etc. . Its a very common way the markets aggregate after huge volatility. seeking out stops, buy and sellside liquidity and maybe acceptance on either side of the horizontal levels. see how to trade these in my threads.. BW are almost as common as EQ´s- symetrical...

ChartmanChris

load of opportunity to daytrade here . rounding tops. EQ to bottom fish, falling wedges to go long fair value gaps as patience cues.

ChartmanChris

UNI is one of the stronger charts I saw this morning. its been holding the W structure well while rest of the market been bleeding and now is set up for enough space for a 4h HL in 15 OS. could be rounding out ont he daily, which means accumulation, lets see. If BTC goes lower can UNI hold the lows ? or will it dip below Among my main ALTS currently. UNI...

ChartmanChris Updated 

MKR huge bounce . was on my favourite list before the Drop. Setup is MKR looking for a M HL. 4 h broadening wedge currently in play. fishing the H HL and then the 4h HL trying to attempt getting the M HL. IF I get stopped out and BTC goes to 60k ish I will play MKR with considerable size for a M HL. so here I will be inclined to say that MKR M low could be in...

ChartmanChris

Some initial Alt bounces underway. BTC still in a D falling wedge that points to 60k. BTC Is Currently holding its lows. Will focus on watching the strongest ALT bouncers for HL entries here , take profits keep risk free runners. thats how you trade wedges ! you buy some , sell some. maybe you caught the low. if not you try again. Eventually you will have...

ChartmanChris

15 m falling wedge for a 4 h HL at 4h ema 12 in a stronger name is a good trade to put in your playbook.

ChartmanChris

PENDLE is looking for W higher low in 4h OS at Weekly Ema 12 and Weekly point of control. Currently it is bouncing with some force from the bearbreak without follow through ( stop hunts !) in 4h OS. nice basing action. Will add size in 15 OS for a 4h HL at 4h Ema 12.

ChartmanChris

IF BTC holds this low a W cupnhandle is still in the cards . it retraced a little more than the .382 from the top i posted FR 10 days ago in my DISTRO flush post. here is my ALT gameplan : for W EQ plays I will be scouting if some strongest are 4H os for W HL : PENDLE for 4h OS for a W HL ( NEAR for D OS W HL! ) . I will forego the charts that lost the W...

ChartmanChris

I am playing long off of support in D OS for a bounce. But could be a W HS if BTC goes lower .

ChartmanChris

loads of ALTS have W Equilibriums ( LH HL´etc ) as most ikely scenarios. the stronger names are looking for a W HL in 4h OS . MYRO .

ChartmanChris Updated 

MKR like to move independently , this is the backtest of last years large cup formation breakout area at M EMA 123 in D OS. This would be a historical RSI highly likely Monthly Higher Low fish trade. GOING LONG

ChartmanChris

ORDI started lower lows with less follow through , way above W balance lows and is in 4 h OS. W green marabosu then W red marabosu . looking for a fast W HL in golden pocket. starting a position.

ChartmanChris

TRX did follow BTC flush of market on FR 10 days ago, but since then has been in an uptrend while entire CRYPTO Market pulled back. Focus LONG on TRX.

ChartmanChris

BTC zoomed out I , would if it was a new chart I had never seen , I would say: this is the last chop before the pop. BTC had distribution happen in March -April , then we set M HLs and this now is the sideways action inside 3D or W bullflag. the last 3 days as I noted in my posts before the drop and since the flush was likely a shake out ! I am trying to hold...

ChartmanChris Updated 

Are you confused ? did you buy the break ? do yu have stops under support like a good boy ? Broadening wedges are back. stop and liquidity hunts on both sides, H OS will be right below support and at BW trendline. This is what professional actors look like on a chart. They move from stops to stops l They trap "dumb" amateurs to grab their liquidity. This is...

ChartmanChris

this is how whales create tops. remember this chart setup and you will find it everywhere !

ChartmanChris

My theory : like I posted before the Flush my DISTRO theory is based upon following the “footprint” of whales. I nailed the top because I imagine how a large group of whales running this market would accumulate and distribute their positions. They team up, they run price above a level where they can trap bulls and stop out early shorts. They want W M HL’s...