Hoosier812

Hoosier812

Ratio of Altcoins to BTC (Overall Alt/BTC pair) Lower Highs and Equal Lows Supertrend on 1W = Bearish Expecting: Another LH --> Breakout, HL, HH --> Moonshot Alt Season

Hoosier812

Equal Lows at 28000 Falling Wedge Another Retest of TL resistance --> breakout Falling Wedge = Bullish

Hoosier812

Last Retest of Supertrend - September @ $10k BTC holding on to Bullish Trend. Next target $60k

Hoosier812

MArket structure: HLs and HHs Momentum oversold Long 17500 SL 17200 Target 18.5k Weekly Open for a bearish retest or pullback before HH past 19k

Hoosier812

Pullback to Supply --> Demand Zone at 10900-11k TL resistance --> Backtest of breakout from ABCDE triangle Entry: 10900-11k SL (10801) --> Below 1D wick low of thurst candle during breakout (08 OCT) Target: Supply Bloc at 11900-12000 4:1 RR

Hoosier812

OBV in Consolidating ABCDE Triangle since JULY 2020 -Breakout of OBV --> confirm Bullish breakout of BTC since 10700 (ABCDE triangle) -Failure to breakout from OBV triangle would suggest false breakout for BTC and retrace to demand in 9000s

Hoosier812

1/4/12H Bullish Div Breaking TL resistance triple equal lows 10k OBV rising / volume expansion Enter: 102000-10250 SL: - invalidaiton = 10060 point of control for dumps to 9900 target: 10600-10800 RR = 2:1 If Wrong --> BTC still range bound or going for 9600 CME gap

Hoosier812

SP500 will make a Higher High (new ATH) then Lower Low vs 2008 HH Above 3400 LL below 1800 BEARISH Divergence w/ RSI going back several years! Bubble will eventually pop! How long can the FED pump this? "Market can be irrational longer than you can stay solvent"

Hoosier812

Demand Zone: 11700-11900 Bull DIV: 1/4/12/D (Medium and Strong) --> Hidden TL Support since late July VPVR --> Liquidity around 11900 Late SHORTS stacked around 11800-12k S/R Level @ 11850 to Flip then 12200 and 12500 a target Entry: 11700 SL: 11560 (Order Breaker / Swing Failure Pattern) Target: 12200, 12500, 13200 R:R = 3:1

Hoosier812

BTC Rejection --> Correction from 12200 consolidated 10900 - 11400 New 5 wave impulse: 11000 to 11800 -1H and 4H Bull Div -5 Wave Impulse = W1 of new 5 wave move -11800 - 12200 Supply Zone --> Rejection -TL Support in Ascending Channel since 9600 -BTC Demand Zone began impulse from 11k Next Move: ABC Correction from 12000 to 11500 11500 = S/R level since July...

Hoosier812

Since 12k rejection BTC consolidating in Zig Zag 5-3-5 pattern Leg A: 12200 - 10600 Leg B: 10600 - 11500 Leg C: 11500 - TARGET (0.50 FIB of W1) Leg C often extends or breaks Leg A --> 10500 or less ABC Correction = W2 of Impulse LONG end of Leg C --> Target: W3 of 5 wave impulse Target = 1.618 FIB of W1 (9800 - 12200) --> 14000+ LONG Idea: ***Wait for...

Hoosier812

Support - 10900 Resistance - 11400 Demand Zone: 10500-11000 Supply Zone: 11800-12200 Bull DIV: 1H and 4H (HL printed with RSI making Lower Low) TL Support - ASCENDING CHANNEL forming with $1500 wick touching TL support Consolidation: 10900 - 11400 Complex Correction forming: WXY or WXYXZ (many 3 wave moves) LONG idea (Not setting yet): Entry: 10700 - 10900...

Hoosier812

W1: 9 -12200 W2: 12200 - 10500 0.5 - 0.618 FIB = 10200 - 10500 TL Support + Demand Zone @ 10500 W3: 10500 (support) - 14k 1.618 FIB (9 - 12k) = 14k W4: 14k - 12200 0.618 FIB = 12200 (10500 - 14k) W5: 12200 - 18000+ FIB 2.618 (9-12k) = 18000

Hoosier812

Confluence of Long: 1. ABCDE Triangle - Correction (typically W4 of 5 wave impulse) 2. 11k S/R from AUG - SEP 2019 - holding 3. Demand Zone: 10600-10900 4. 1H + 4H Bullish DIV (hidden) ABCDE - Leg E should retrace 50% of range of consolidation - (10600 - 11200) = 10900 LONG: Entry - 10950 SL - 10800 = invalidation of ABCDE consolidation Target = 11400 (previous...

Hoosier812

9600-9700 = Resistance since June 5 Wave structure of impulse from 9100 to 9700 ABC correction before next wave up...? If Leg A is complete when target for ABC correction: 9300-9400 (zig zag pattern) If Leg A not complete, Target: 9100-9200 (retrace most of impulse) BONUS: Bullish DIV on 1H! in 4 hours...we may see 4H bullish Div (hidden) = CONTINUATION of...

Hoosier812

Trendline Resistance from early July Horizontal Resistance @ 9600 from June/July RSI overbought BTC due for a rejection from 9500-9600: Pullback to 9250 Support (recent flip): Target 10k Fall to Demand Zone @ 8900-9000

Hoosier812

Larger Descending Channel from June 1st: TL Supp @ 8000-8400 BTC in Ascending Channel since June 27 - TL Support @ 8900-9000 Higher Lows + Higher Highs since June 29 Bullish Div (hidden) on 4H + 1H Demand Zone - 8800-9000 Bull Scenario: BTC bounces from 8900-9000 to make HH / Test TL Resistance @ 9500 Bear Scenario: Lose TL Support (ascending channel) + Make...

Hoosier812

Two Months of Consolidation April 29 to June 23+ Supply Bloc: 9800-10200 Higher Lows - 3 so far Lower Highs - 3 so far OBV rising Each attempt to drop BTC back below 9200 is bought back up When 10k brakes: Target = 10500, 11800, 13500