GsQ

GsQ

Been waiting for the break of the down trend. Then waiting even more for the backtest. Been an underperformer the last 1 plus months. Pretty simple. If its for real should not re-enter the lower range down trend. Pretty close to invalidation on the back test. R/R good from that perspective. Ur time to shine.

GsQ Updated 

Start off by saying this is not an optimal set up. Sliced thru prior 4h demand but reclaim. I say its not optimal b/c the 26 low is still in the demand zone and fairly close by. If violated set up likely because invalid. Link/BTC overall looks crappy but gut says trying to round a bottom. Invalidation being this close worth swinging the bat. Ur going to know...

GsQ Updated 

Thought on our recent pull back (HT). Trend on the daily has obeyed HUER indicator the entire run. Only on 2 occasions has it violated. In those instances basically immediate reclaims on the daily. I want to see the same thing occur here again for confluence the upward trajectory can continue. Spending time below would cause me on a daily time frame to consider...

GsQ

Thought on ETH (HT). The drawdown took as right back to the .62 almost to the dime. Seemed worse on the PA side not really abnormal. For me play is easy. Close above 1630 can hunt for longs on LT and start looking at the alt wreckage see what set ups there are. But a bearish re-test is still a bearish retest until reclaimed. So ill treat it as such. Chart looks...

GsQ Updated 

Keeping it simple. This entire area up here is distribution or this 4h demand zone reps the low. Half the target i would normal have. Market is shaky tight leash.

GsQ Updated 

Large inefficiency from 250 to about 300. Series of higher lowz despite ugly earnings and outlook. Think of it this way: In march and height of pandemic the worst was probably priced in. IMO more meat on the bone in terms of upside. Its a patient setup but upside is there.

GsQ Updated 

Quietly down 280 points from its highs. Bout 50 percent retrace. Been stagnant bearish chop for a bit. Re-acum thinking. Breaking diag res now. Hull underneath it now. Sticky area around 423 above. Logical point to TP if it gets there. Break and close above on a higher time frame think it has a shot at the highs. 300 Has been tagged below multiple times and acted...

GsQ Updated 

Thesis: Down 35 percent from the highs. Coming off the bottom from a prior bounce. Two prior range lowz bounced from this area. Seen some decent buying on chain around this level on swaps. Good R/R for a long for me. TP 1 high 16s (16.7-16.9) Break and close 17 think it runs the highs but take it lvl by lv. 1h close below 13 invalidates.

GsQ Updated 

So long as BTC doesn't ruin the party. This looks like a decent set up for a shot at the highs from R/R stand point. Also seems laggy of of its tru pairs BAL/AAVE (which havent really given up as much ground) etc. Thesis is that the local low was just put in, in and around the trend line support. 500 1st real stick area needs to close above for mark up to...

GsQ Updated 

The last time CRM put a bid in for another company immediately sold off 10-15 percent over the following couple weeks. What happened after that. New ATHs. So wouldn't be surprised if same thing happens. Might take some bids if we can push down to the low 200s. If that's ur entry you have pretty clear invalidation with a weekly close below 200.

GsQ Updated 

I think you can get away with this. So bid 191 tagged. At least a move back to old trend. Decent 2plus R. If breaks its low from the dump have to cut. Moves like a low float when it wants to b/c share count. Betting on enterprise side of the business surprising upside on the quarter especially with continued rollback of opening and fresh new lockdowns /stay at...

GsQ Updated 

Someone doing a great job of holding the prior ATH breakout @ 20. Continued close above that levl could push up. Loose 20 on a close and you could catch a short down to 18ish. You could take a long here with a stop below 19.3 but that seems more likely a coin flip that 20 gonna hold. Clearing 21.85 might give u a smooth long looking for a ATH retest and or...

GsQ Updated 

Played this once 2 weeks ago. But as BTC.D approaches 75% time to start looking at some alts and roll profits. SOL looking to break a multi-month downtrend. Daily closes over 2 and we should see a mark up. Wait for the trigger. This and a couple other look decent for 2021.

GsQ

Large inefficiency btw 3.5 and 5. Push into that gap should mark up fairly quickly. Closing above 3.0 supports marking up to higher prices. 30 days of consolidation between 2 and 2.6 also checks another box for higher prices as its moving higher off a nice base. Don't want to see any acceptance back into the 2.6 range.

GsQ Updated 

Indicator flashed a buy yesterday. Down 20 percent form ATH. We entered on bids at 254 thru 256. First sticky area now cleared. Next point of contention is 290ish.

GsQ Updated 

TBH charts only going to go so far up here. Keep it simple. Red box obi res for now. Green areas below potential sticky points for wicks/bounces with the 20k area being the most obvi breakout retest level. Clear 23.9. I would see a squeeze up to the 26.6/27k Lvl. 27 being a 2.6 EXT. Buying dips indiscriminately has been rewarded this entire way. Keep doing it...

GsQ Updated 

Been a long time since I thought id have to be concerned about LTC, but its been performing ok in USD. Fib levels in purple which track the recent range. Lines up with a potential liquidity pocket below the impulse candle. Golden pocket is the dip bid with a target of 140. 140 is an old weekly order block from June of last year. In the event of no deep dips if we...

GsQ Updated 

On this massive run up we have had several pit stops of chop along way. These have essentially been bases for the next impulse. Those 4-5 days of chop in each instance lulls people to sleep likely giving up there positions before the next move. Is it going to happen again? This last time does not look identical i get it. The magnitude of the move is larger in the...