This is very speculative atm but a scenario I can see playing out from here and would take time to develop. 1. We get a bounce from here (would be helpful if tension with Russia subsides) and retest bottom of channel. (break back into channel and pattern would turn into more of a broadening wedge) 2. Rejected at bottom of channel and reverse back down to start...
Here are my observations of the current state of Bitcoin on the Daily. #1 - We saw RSI and OBV bearish divergences at top of BB. #2 - Currently holding above multiple moving averages #3 - MAs and Horizontal support acting as support atm. Still in chop zone from 41k-46k. Daily close below 41.6 and we will most likely retest local lows. Close above 46k and we...
$sofi #sofi High volume rejection at highest VPVR level and now stuck in channel. Currently pressing the top and 34EMA. H8 close above would open up a 13% move to resistance. Close above $15 and a lot of open air. Very possible to get rejected again though so be patient. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it...
$sand #sand Currently in what looks to be a bull flag on daily. .382 acting as resistance and if it can close above 4.42, should see a break to 4.85 that is .5 level that converges with HZ resistance. Bull Flag target lines up with next HZ resistance lvl. Wait for confirmation. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade....
Near is looking like a great long set up with R:R super sick. RSI and OBB break out along with PA breakout of diagonal. Bitcoin needs to push back to range highs or consolidate at support for the week for this to play out. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that...
$avax #avalanche at support and looking to form right shoulder. As you can see, the last one failed to complete so be patient and wait for confirmed pattern break. PT listed IF it plays out. Don't want to lose H12 close below 77. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a...
Bitcoin is forming what could be a right shoulder of inverse HnS. I've listed the PT for if it breaks out. Still in chop zone between red and green box. 40.7 is last line of defense before heading back to 35k.
$luna #luna starting to form a double bottom on Daily and Symmetrical triangle on H4. Close above 55 should test the neckline at 59.5. Daily close above that and Target would be 73 with resistance at 69.75. Close below 50 and 44 should be retested. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force...
Mana seems to have found strong support at converging 50MA/EMA while also tagging super trend. Also at Horizontal support that perfectly lines up with .382 fib level. .236 fib also lines up with what should now be HZ resistance. If $btc is at bottom of channel and heads back up to 46k, watch for $mana to make another strong move.
Bitcoin is currently at MAJOR HZ resistance and 100EMA. If daily close above, 50k should be next up. If rejected, I have drawn out a potential chop zone in bottom of channel. We could see a right shoulder form here before break out (see drawing). All possibilities but we are definitely trending in the right direction, for now. —————————————————————————————— ...
$vpad #vpad good news is H4 is seeing bullish divergence on RSI. Could see a spring to DG trendline and potentially 1.045 HZ resistance. H1 also showing bullish div and would look for close above .90 to signal a LTF reversal. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy...
I like to Zoom out and look at the major areas of interest to keep me level headed when I zoom in to intraday trade. HTF levels > LTF levels. Sorry for all of the arrows, but I wanted to show you how I map them out by MANY touch points that confirm significance. There are a lot of great indicators you can use, but I've found what helps me the most is to simplify...
$btc #bitcoin 3D chart observations: 1. Strong volume came in at highest VPVR level within the range that led to spring out of lower zone. 2. PA got rejected yesterday at 100EMA and Horizontal Resistance. 3. Need to hold Green support box (40k) to prevent a move to 29-30k. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it...
$algo #algorand still like this long set up because of how tight the R:R is. Need to break back above 20MA to stretch out to next resistance. Note that the top of BB is aligned to 50EMA —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent....
$ada #cardano ready for the next monster move up. 200EMA supported and thrusted it through resistance. Maybe a throwback before launching towards the top of range. SL:1.19 —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a...
$egld #elrond Just unlocked next level on H4. 215 is the play now. Exit on H4 close below 180. Strong Close above 200EMA with RSI and OBV looking bullish. This should continue as long as Bitcoin stays steady. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for...
$aave #aave Cleared 100EMA and .382 on H8. Shooting for 200-205 where 200EMA converges with golden pocket and horizontal resistance. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let...
$sand #sand Broke through resistance but still waiting on a H4 close above. Zoom out and you can see a Inverse HnS breakout with PT lining up with top of this zone at 5.75. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a...