EyyJasper

EyyJasper Updated 

Well... Eth just lost its only support; atleast, I think it did (I'm no eth 'expert'). Would like to try a short at $2363. Could maybe even top out at the highs of current structure (which would indicate a retest of the support level), but I know that you should use the latest PA as a reference for resistance, which would be the structure at $2363. Will enter a...

EyyJasper

Molina has a safe and clean looking chart. I don't see price getting much below the marked level of ~$250, if it even goes there. The longer it consolidates the lesser the chance of price going there which I think is already the case here (as the consolidation 'washes' out the strength of the downtrend). From here to $250 is a ~17% drop, meaning low risk...

EyyJasper

BTC Step-Up Setup Ooooh BTC I have to 3R this... One two three -----> price manages to get above the second step ------> Step-Up Setup

EyyJasper Updated 

I can have all my opinions about how this low can't be the HTF HL but who am I to say this? I should keep it in the back of my mind but I shouldn't let it hinder me from entering new trades/investments. I spent too much time speculating on how I think it should look instead of just keeping it simple and just think about how it looks in the moment. It cost me...

EyyJasper

Uniphar looking quite clean, will buy at 3.00 for the HL if price doesn't go too high away from it, if it even offers a HL. Engulfing candle SFP on the 1M at the lows, that's what I call some bullish PA.

EyyJasper Updated 

I don't think there's much to say here. This is a MSB, even though there's little structure. As there's no structure for resistance the last HL wick just becomes the entry (for the LH). If price manages to get decently above this entry, I'll cut it and take the loss. Most structure has been formed here at the lows, so if price manages to get decently above my...

EyyJasper

If price doesn't go back to the all time highs first, the marked level should be free, meaning: big buy-in as there's hardly any risk of further downside. We could get there this year as price SFP'ed for the LH (which could start a faster downtrend).

EyyJasper

Price closed below the support-level on the 1D (red line) ----> price should come back to these lows. Price closed above the resistance-level on the 1D (green line) ----> price should SFP the lows ----------------------------------------- I expect (or should I say: hope?) price to do a MSB here, meaning: price coming below all that structure below the green...

EyyJasper

BTC Possible HTF Creation 3 Inversed chart again... (to minimise full breakdown to 48k fear which messes with my analysis). Price did a MSB which definitely weakens this downtrend (yellow). But what happens now? ------------------------- Three possibilities: 1 Price gets capped here at outstanding 95k level and goes back to 74k level, breaks through it and...

EyyJasper Updated 

How low-risk do you want your chart to be? - No breakdown PA at top; - Clear SFP level supported by big structure; - Lack of horizontality + big verticality making the SFP-level even stronger.

EyyJasper Updated 

Invalidation = 15min candle close above wick. bwrooooooooooooooo

EyyJasper Updated 

BTC Short setup. Not much to say. 15min Engulfing candle for the LH. Invalidation = SL = 1R. Entry = entering ASAP after two 15min downcandles after another below level (so not a specific level) Hopefully I'm right, would be great R:R as the TP is the lowest low around 74k and I don't want to lose 1R.

EyyJasper

BTC Possible HTF Creation 2 (update from first post): Chart inverted; analysis below as if it weren't an inverted chart: 1) Weak highs as there isn't an SFP or some kind of big wick candle; 2) Price did break below a significant part of the HL structure but not the full structure (last HL hasn't been broken): - The part it broke down below isn't outstanding...

EyyJasper

We are however still in a downtrend and current area is the place for the new LH. We already have the SFP at the highs (thus, good for the LH formation) but this hasn't provided any downward move + MSB isn't possible anymore as it has taken too long. We could get a LH SFP though which I think will still create the downmove. The question I ask myself now: what if...

EyyJasper Updated 

No Breakdown PA at the highs as there's no SFP and no MSB (for there to be a MSB price shouldn't have come up this high in 2024). Will we get the SFP at $226.01 or will we be left out?

EyyJasper

SFP = HTF HL = altcoin uptrend? = investing in altcoins +EV as this charts hints at more money being put into the market soon (as TA suggests a HTF HL is likely?)?

EyyJasper Updated 

Again: breaking down without a valid reason: this time you can speak of a mini-MSB but if it was a relevant one price shouldn't have consolidated at the highs that long. This makes the breakdown now weak. Also: price falling down against previous structure without having some breakdown PA at the highs makes the breakdown even weaker (previous structure 'washes'...

EyyJasper

Have you ever seen a level as outstanding as this one? Yes, but this one's great too. But will we ever get there though? Maybe with some tariffs action we do. Outstanding level = strong level We do have breakdown PA at the top (SFP) but the lack of structure in the downmove (2022) makes this less relevant as the lack of structure meant that price could easily...