Flyte-X

Flyte-X

BINANCE:CHZBUSD Closing on reversal zone, strong historic resistance, expect closing of long. Some TP Ongoing narrative re. World Cup - unlikely to outweigh downside market risk in near term - may result in crash and rebuild toward the game dates Bullish impulses weakening for last two cycles. Expect one more push up - to gap zone then BOOM! Enjoy

Flyte-X

BINANCE:KNCBUSD has just hit important historical support. Looking for a reversal here with break above +/- retest for confirmed entry or unconfirmed entry at mid-zone PRZ Potential 6+ R:R if TP#2 hit ...Interesting

Flyte-X

BINANCE:LRCBUSD Heavily oversold but not yet completed impulse down. Looking for reversal around 0.2525 - expect confirmation prior to entry then aim for 3+ R:R to TP#2 - SL as appropriate for risk HFT showing pressure building to cover shorts and gap up into (*suspect temporary) recovery Expect a break in trend around PRZ > with reversion and retest of new...

Flyte-X

Moving into potential reversal zone - BINANCE:COMPBUSD High pressure zone, with a longstanding resistance. Seeing reversal on the HTF, MTF and LTF indicators. Potential for a 3+ R:R scalp short with SL, TP #1,#2 & #3 in chart.

Flyte-X

Small gap up forming. Breaking through resistance at present (green box) Look for a retest to buy with a TP set at 200 EMA (red circle) ~10% Set R:R 4

Flyte-X

ERN BUSD - previous idea invalidated following post CPI moves. ERN is now in falling edge - Two points of entry - first if FOMC comes in above 75bps - entry in green box with stops below. If not then breakout to upside, confirmation would be retest of trendline

Flyte-X

*Short potential scalp ~10% Potential blow-off top forming OI increasing rapidly whilst price growth slowing, approaching a key resistance. Possible flip resistance for final push then down or fail at resistance and down. TP#1 around green line. Confirmation depends on your risk profile. I have scaled shorts at key overheads. Invalidation again depends on...

Flyte-X

Interesting setup - LRC entering into a historical accumulative zone, strong support. Both high TFs and low TFs same Very high R:R (1:4) trade potential - long only, with close invalidation - Note: high volatility and lowish capital flow - set wide stops and trade without margin Partial complex cypher formation with termination around the 0.618 to 0.712 zone...

Flyte-X

MKRUSDT/BUSD currently entering an accumulating zone, Very positive R:R with targets at 0.618 (TP#1) and 0.786 (TP#2) Tight invalidation with further potential below

Flyte-X

SNX in a rising channel - reasonable entry available now - Invalidation not far below ~10% Triggers for entry - rising with tomorrows CPI print - if in expected range - see BTC drag alts up. Aiming to ride the channel upwards until next FOMC

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LUNC - still not late to the short game (do NOT overleverage) The driving force behind the pump was the *burn mechanism - but even basic analysis shows that if CEXs don't onboard the burn mechanism the daily loss will be around $55k which for an inflationary token with a $3Bn market cap is Nada (note daily circulating token inflation is around $155k) The *burn...

Flyte-X

SNX - wedge formation, relating to DXY relative weakness over weekend, RR to target 1 is 1:1.8 - SL set at inferior resistance

Flyte-X

We already passed period of max panic The macro environment is complex - the underlying drivers for $BTC recent performance are receding. R:R significantly improving - I expect to be filling orders between PRZ #1 and #2.... Unfortunately I will be competing with an unholy amount of stables currently active on CEX's so will have to front run my spots.

Flyte-X Updated 

Top line: $SRM is a good project - SPOT buys now for LT Hodl are entirely legitimate *For rebound play - $BTC beginning to bottom as it does so playing certain ALTs will render > returns than BTC longs alone *Suspect this bull run - (may not constitute full bull-market conditions) - will separate projects with better tokenomics and those with more institutional...

Flyte-X Updated 

Suspect $BTC is very close to inversion point. KPIs relevant here: Funding Rates have been negative but now finally OI weighted funding rates moving up - gradient moving positively Global volume picking up - long liquidations spiking (expect this to increase 3-5 days prior to spike) - Buy/Sell volume significantly angled to the near term short far term...

Flyte-X

Interesting project - $AQUA - Liquidity provision for $XLM network - $XLM stands to gain from expansion of Crypto to remittances market - *AIRDROP#2* Key Info: 15th Jan - 00:00 UTC - Snapshot of all relevant wallets. Eligibility critera participants will need at time of snapshot: Min 500 x $XLM in private wallet that allows claimable balances...

Flyte-X

*BTC update - searching for entry -> Following FED update - large net -ve outflow from exchanges, proportionally and historically -> Leverage ratio at all time high (0.225) -> Open interest decreasing -> OI weighted funding rates finally moving negative -> Max pain significantly above index prices *Overall - on chain appearance indicative of closing in on...

Flyte-X

$BTC open interest climbing steadily since around 4th Dec 2021 - However BTC price steadily retreating - OI could be short but last time had this duration and strength of OI vs. price action was in May - July '12 which ultimately resulted in 20th July to 8th Nov growth cycle. - Indicates large scale wind up, could be technically short or long - Difference being...