Gunslinger2005

Gunslinger2005

If you missed previous entry on monthly camarilla pivot levels I posted. there may be a secobd chance to enter market with decent risk management. lower time frame linear regression channels are in downtrend but as you can see daily is not. and I always trust linear regression channels and cam pivots more than hand drawn channels and trendlines. so here is a...

Gunslinger2005

what you see before you is the linear regression channel on the daily. the green lines are the camarilla L3 pivot point levels which represent monthly projected range bottom levels notice a trend of the last 5 months within this channel. and how btc loves to rise from the L3 level and the bottom of the regression channel. the l3 pivot is plotted on the first...

Gunslinger2005

camarilla monthly pivots and daily linear regression channel. It could go to H3 and beyond. I will look for long entries

Gunslinger2005

entry L3 bounce. target H3 at least intraday. stop loss L4 camarilla pivots daiky levels. I recently posted setup for monthly levels as well. can look it up

Gunslinger2005

back when we were at 66 I posted for a short down to this area based on pivot reversion. using monthly camarilla pivots. now I am posting the potential long setup. entry L3. target H3 partial and higher if broken. stoploss L4. camarilla pivots monthly levels good luck

Gunslinger2005

target H3 from L3. stoploss L4 camarilla pivots daily levels

Gunslinger2005

long L3. target H3. stoploss L4. camarilla pivots daily levels.

Gunslinger2005

long L3. target H3. stoploss L4. camarilla pivots daily levels.

Gunslinger2005

Long at L3. stoploss L4. target H3. daily camarilla pivot levels

Gunslinger2005

Unless btc breaks both the monthly H3 and H4 level on these camarilla pivots. I can see how its possible we still msy test the monthly pivot and L3 level. which is also the mid area of the weekly linear regression channel. I could continue upward. However if it does not should take care

Gunslinger2005

yellow line range bound. L3 to H3. stop loss L4 green line breakout. H4 to H5/6 stoploss H3 red line break down. L4 to L5/6 stoploss l3 camarilla pivots daily levels

Gunslinger2005

good risk reward for camarilla monthly pivots for H5 and H6 with stoploss at the H3 level

Gunslinger2005

I would be careful if we start closing hourly below L4. we may see L5 get tapped. but I look to the possibility of this having long continuation on the upside. If wrong and we break hard I would look for much deeper to 50k area.

Gunslinger2005

entry here on L3. stop loss L4. First target H3. secodnary H5 and H6 setup for this continuation play using camarilla pivots on daily levels

Gunslinger2005

monthly camarilla pivot points Long entry here on L3. stop loss L4. first target H3. second target H5

Gunslinger2005

L3 to H3 and higher. stop loss L4. Long H4 to H5 and H6 stoploss H3 once H4 is broken. long L4 to L5 and L6 stoploss on L3 once L4 is broken. short analysis done with camarilla pivots daily levels

Gunslinger2005

H3 to L3 for bears. invalidation with daily close over H4. H4 to H5 for bulls. only valid with daily break and close with retest above H4. stoploss at H3 if qualifies.

Gunslinger2005

The last 4+ years have only ever seen 2 months NOT have price test their monthly pivot points (which is around 57k) those months were January 2021 and December 2017. It could always happen a third time. I am just saying... that is over 95% frequency. Easy enough to backtest with standard pivot points monthly levels. P.S. This does not mean it must happen...