DejaBrew

DejaBrew

Part 2 of a quick look into the Slow MoMo Line. Here we can see the Slow MoMo calling bottoms back in 2017 during the bull run. The highlighted areas are when the MoMo line was below -10. As you can see it does not stay below -10 for very long before finding the bottom. This is less than half of what the MoMo offers and as you can see it is quite powerful.

DejaBrew

Another inside bar week, nothing much to go over. Still ranging in between 6754 and 6500. A clean break of 6754 could send Bitcoin to 7000 very quickly. The accumulation pattern on the weekly is still continuing, but so is the lower high structure. If Bitcoin can not break its lower high structure within the next week or two then we will most likely be seeing a...

DejaBrew Updated 

Here is the setup im watching for XRPBTC. Ascending Triangle setup with a very tight stop loss. The DBT MoMo is very bullish on the 4hour, both lines are strongly correlating just like they were down before the major move up.

DejaBrew

ETHUSD just spiked over 10%, now we can determine this lower trend line is strong. A break of the upper level of the ascending triangle could be a great buying opportunity for breakout traders. Taking a trade here would put your stop loss around $210. These targets would give you over a 2-1 and 3-1 risk to reward ratio.

DejaBrew

Here we can see the DBT MoMo Divergence Finder alert us to a bull divergence on the daily right before the major move up on XRPBTC. It was also triggered on lower time frames. Looking further back we can see the last two bull divergence alerts also gave very good long opportunities. If you would like trial access to my indicators private message me.

DejaBrew

Here we can see the DBT Squeeze Buy Candle triggered on the 2hour time frame right before the major move up, and again before the second move up. These Buy Candles triggered on almost every time frame. The first move was 21% from the close of the first candle. The second move was 34.84% from the close of the buy candle (even though you would of entered much...

DejaBrew

Each time the DBT MoMo has triggered a Double Sell Warning on the Daily time frame for BTC there has been a significant drop in price. The first double sell warning we saw was on the top of BTC which led to a massive 70% correction, but here I illustrate the last three warning signals on BTC. The first warning on this chart came around the end of April. This...

DejaBrew

This idea is to showcase the same strategy we are planning on the daily on USDCNY. This is the same game plan as our daily idea on USDCNY. If we took this trade the strategy would tell us to place our stop above the high when the divergence is formed. Our profit target would be placed at 50% of the entire divergence move or 100% targeting the low of the first...

DejaBrew Updated 

Shorts continued to accumulate even after BTC tested yearly support. The Volume Profile since August 4th (which is the date shorts really began to pick up) shows the best picture. There is a massive gap from 6600 to 7000, if 6600 is broken on strong buying volume we will see a short squeeze that will quickly engulf stops. For this to be a successful short squeeze...

DejaBrew Updated 

BTCUSD weekly candle closed as a bearish engulfing candle, giving the bears some hope to break the 6800 orderblock and retest the 6000 low. My weekly sentiment is still neautral until the 72 MA is broken. A bounce off the 72 MA could give bulls enough strength to break the 50 MA and head towards their 10000 long targets. After a 10000 break the 12000 bull/bear...

DejaBrew

After the failure of the 7300 orderblock BTCUSD began its fall to the 6800 daily orderblock. The extension of the daily Bollinger Band caused price to be halted and remain around 7000. The DBT MoMo alerted us with a double sell warning at the peak of 8500. Now that the MoMo extension has played out we are looking for a bounce to the mid Bollinger Band or a short...

DejaBrew

This is a trend based fib that ive gone over multiple times on my channel and discord. Fib based on low of 6000 to high of 11788 down to 6417. This gives you beautiful test of the .618, .382, and just recently we failed the test of the .236. If this fib plays out and price cannot break 7784 then most likely we will see a full retracement to 6417. Need some more...

DejaBrew

These are the areas I am looking at for support and resistance for the next few days. The recent Fib sequence lines up nicely with Volume Profile nodes and recent swing highs and lows giving us some nice areas to get in long or short.

DejaBrew Updated 

MANABTC bounced out of a longterm support zone on the 4h timeframe. Could be heading higher, but the volume needs to pick up to confirm the bounce.

DejaBrew

Through my rugged technical drawings and analysis I have drawn what I believe will be needed for this bottom to be confirmed. I am neutral on the market, but this is what I would personally like to see to form a proper bottom.

DejaBrew

The breakout failed, so your entry is on a trend line test. Risk to reward is exceptional.

DejaBrew

EOSBTC trade based on a failure of double top, entry is a retest of the .618 line. Target is previous Highs.

DejaBrew

If QTUM tests its trend line on the 4h then my target will be the top of the range at a 29% profit.