GoldsteinTheProfiletrader

GoldsteinTheProfiletrader

In my opinion the pwProfile (previous week profile) is not bullish. This looks a lot like shorts covering. Long term-holders are taking profits off their shorts. The recent uptrend left a big zone of singleprints behind which could get filled at some point. The context of the singleprints within a possible bearish profile rotation matches very well. Up here...

GoldsteinTheProfiletrader

I am not sure how long this pullback on BTC will last, but it is a weak construct. It was a frontrun of the pwPOC, which is the next relevant level. In my rulebook it doesn´t count as a hit, it is just a frontrun. Price going up, OBV going down, that´s only a short covering rally imo (shorts taking profits leading to higher prices). There is a proper fib pull in...

GoldsteinTheProfiletrader

CTC jumped into my eyes because of the OBV. It is going higher and higher on every pullback while maintaining lower highs in price. Looks like MMs keep dumping onto naive buyers that try to buy every "cheap bottom". This is absorption at it´s best. Seellers are really loding into longs at local highs. Price reclaimed the pmPOC but that alone isn´t bullish enough...

GoldsteinTheProfiletrader

ORDI: Yesterday in the morning I was pretty bearish on ORDI but my first short scalp attempt got stopped. Price kept flipping supply into demand in the 30 min timeframe and I catched a long from demand. I was aware that price is facing resistance and that it definitely needs to keep going locally. It shouldn´t start showing weakness. Then it SFP´d it´s own local...

GoldsteinTheProfiletrader

ORDI had a nice drop since the upper golden pocket, as mentioned in the previous TA. Price also had a good local drop since the last post, but bears are just about to begin. Locally I am also bearish and want to see continuation. The previous high confirmed trapped longs but buyers stepped in at the range POC. Now the price is in the same zone of the previous...

GoldsteinTheProfiletrader

I took a short at the golden pocket, because sell pressure came in. This was shown by 30 min one time framing. The upside move and retest of the 0.5 fib normally looks bullish to me and in the past I would be only in long mode since 30 min otf from the 0.5 fib. In this case I wanted to actively counter trade the bulls from higher prices and the setup was given....

GoldsteinTheProfiletrader

We have seen a major crash on BTC exactly like expected in the last TA. Target´s below 52k were hit, but what´s next? Obviously that extreme weakness didn´t last very long and price is back above 60k. The last save buying opportunity with confirmation has been around 57k. We are up a good chunk but I still want to see higher prices like 64500. Imo this will be the...

GoldsteinTheProfiletrader

Why am I more bearish on BTC than bullish? Why will I be more bullish on BTC after a huge dump? Why do I think that BTC will go to 52k and even lower before we see a new ATH? As you guys know I love to use my sequences from the sequence system. It has proven itself to be very reliable. Sometimes the direction can be unclear when there are two active sequences (one...

GoldsteinTheProfiletrader

Hello guys, I hope that you are doing well. I am bullish on BTC since it wicked to 23k in August. The last major long have been taken around 28k with profit taking at 35411 (preset with limit order) because I wanted to see the price finishing the smaller bullish sequence. Now there are two options for the future price movement: 1) BTC will correct the smaller...

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GoldsteinTheProfiletrader

This is my quick TA for TOMO/USDT. Whatever this is, this is not the time to long! Enjoy the update. - Chris

GoldsteinTheProfiletrader

I am following INJ since it has been around 8$. It was so interesting for me because of the active bearish sequence with targets from around 3.50-2.25. It is currently in this heavy weekly downtrend and the last best reshort opportunity has been when the 4 hr wolfpack was in the green, hitting the golden pocket around 6.50ish. I would still like to see lower...