FX-Diaries

FX-Diaries

Same same but different, last week on ETH we had a simmilar situation in the weekend a huge liquidation spike. Looking at the bitcoin chart it looks it wants to fall and does the same. So I expect the whales will drop the price in a same liquidation spike as ETH last weekend. When? I dunno can this weekend but not too long. The BTC price will drop to the...

FX-Diaries

Ok Ethereum fell out of the wedge and went down heavy. Didn't expected that got liquidated heavy. But in hindsight was expecting something but you never know when and how. Now making a new technical analysis, I see ETH doing this: I zoomed out on the weekly TF on the logaritmic chart, and there you can clearly see a new bigger wedge. - There is a tripple top...

FX-Diaries Updated 

In the morning I saw the red candles and thought ok we broke out of the wedge, that means a longer term consollidation before the bullish breakout. But now the daily candle almost close and you see the buyers pushed the price back into the wedge pattern. So from a technical standpoint the wedge is still intact and that is super super bullish. The reason why...

FX-Diaries

Looking at ETHBTC we are 50% of the demandzone on the monthly timeframe. Normally demandzones hold precise at 50% and bounce up from there. As we can see buyers stepping in on the Daily timeframe. All indicators line up perfectly. - ETHBTC technical strong setup - Trump pro crypto - Alt season should start according to the cryto cycle Prepare for beserk ETH moves

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When you are in the markets for a longer time you can see the mistakes people make over and over again. To break it down: So Trump tweeted his meme coin and now Solana is pumping and ETH is dropping. So people invested in ETH are getting unsure because look at the strong green candles of SOL and ETH looks like it's sliding away. So now people are chasing SOL...

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If you missed the current pump don't FOMO in because you will get trapped again. Wait for the price enter the supply zone indicated in blue. Then they will drop the price again that's actually a good entry also. And then the price will go bullish to the next level. The reason it's highly likely they will drop the price again is that whales know that people...

FX-Diaries

I am super bullish on Bitcoin but also take a realistic view at the technical charts and fundamentals. First to look at the fundamentals people are still too bullish the market sentiment is not switched to bearish and panic. That's not a good sign to move up. The fear and greed index is still on greed, so people are not afraid to loose. There has at lease to...

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While BTC nees to test the demand zone with ETH it's a little different. ETH tends to make a double pinbar on the 200 MA, combined with that the demand zone is also pierced. So arround 2800$ and then we will move up again

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I was waiting already for it, and posted it also weeks ago. The market was too bullish, and the technicals didn't line up with the price. The price needs to retest the demand zone arround 90 k before moving up. Financial markets only move from supply and demand zones.

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Last week I shorted already ADA/USD but on the 4H timeframe. I closed that trade because the sellers didn't pushed the price down strong enough. Looking back my trading decision was good but only zoomed out on a higher timeframe 12H. Now I'm looking again to the trade on the 12H timeframe and see still a good sell opportunity. The supply zone is strong and...

FX-Diaries Updated 

ADA is in a strong uptrend but is entering a strong supply zone. You see the price is stalling and there will be allot of sell orders waiting at that zone to push the price lower. That is where my edge lies so I'm short and aim for a 3% gain to the downside.

FX-Diaries

Pudgy Penguins is almost at a really nice demand zone, Trade idea is straightforward, I place a buy limit at the entry level and let the markets do the rest.

FX-Diaries

looking at the current market sentiment I see a short term bull move on ETH so that means also on the other altcoins. EOS tested the demand zone on the 30M timeframe so I believe we can go bullish here for arround 3%

FX-Diaries Updated 

Price is close to a strong demand level, I will place a limit order halfway the demand zone and aim for a 5 - 10 % gain

FX-Diaries

Bitcoin is moving up now but that's an obvious trap to flash crash the price down on more time. People won't expect another flash crash of arround -10% and will panic sell their BTC to the whales. From there the price will go bullish. Why do I say this: Big asset classes in all markets trade of supply / demand zones. That is what the big investors look at...

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On the 2H timeframe there is a nice AAVE short opportunity, You can clearly see the supply zone there so I have a short position open with a 3% gain TP target

FX-Diaries

The market sentiment has changed to bullish for a small period of time. So that means I'm looking for sell opportunity's because the price will fall down after a small bullrun like this. Polkadot is one of the candidates that is reaching a nice supply zone. So the trade idea is simple I place a limit buy order at the indicated area, and if price is exhausted...

FX-Diaries

Normally I only short term trade the markets with supply demand methology. But Bonk on the weekly timeframe looks pretty solid. There is a strong demand zone indicated in the blue zone. The last move up was explosive, so I place my limit order in the demand zone 50% And from there I surf the wave next bullrun to new all time highs. For now I have my TP at...