Previously, btc had printed bullish structure on the daily, which failed as we called, but as I also said I expected a HL to trade back to range highs and maybe beyond, but sadly that was a no go Here, btc has had a huge wick through the range low (the low wick on the first capitulation) on some exchanges and took out the most recent LL, and currently will close...
1D - we have backtest the previous LH on this close which is pretty bullish Aslong as price doesn't close back beneath you would expect continuation But price is yet to close through the daily resistance's highlighted - 40.5/40.6K Any strong 12H close through here, maybe even 4H close and then the play is long the retest/OTE into 45K - daily SR However it is...
top of daily range since its death moved into supply H12 and H4 bear SFP's 1H breaker of that move highlighted look to sort interactions of that risk defined by SFP if it fails, longs to low 3Keks could be on or even a new short entry if that breakout above the current range high doesn't hold
Double 1D Bull divs Huge SFP at the low and liquidity taken of eager buyers at the equal lows Set limit buy oders at m5 price inefficiencies Look to add on a HL, if SR rejects price, or on a flip of SR if successful through it Equal highs, range highs would be target
1D bull divs x2 1D and 12H looking to form double bottoms/W bottom formation - slowing in sell pressure - supply not as strong anymore Here we have created a HL perfectly in the OTE of previous swing with a bullish SFP giving price power to push on I'm looking to set bids at the price inefficiency and also some on the 4H Demand we have just made If bids get filled...
1D bull divs 4H bull divs followed by standard RSI Price is now moving sideways, struggling to go lower Knowing stocks are infinitely manipulated If those lows get taken, it is very likely that sellside momentum will be used to push this thing higher! I'm watching for that.... Also some form of descending channel has been apparent ever since it started trading,...
Firstly I think we will go above 42 and set a LH in the high 40's and low 50's which will form the complacency bounce I will be looking to sell a good proportion of any spot I collect in these dips there If it falls as expected, great, if not and market can break 58-61K, then its win-win as ATH's are coming Right now looking for longs above yearly open up to...
We have printed a small 4H SFP and a close above 43825 could print one on the 1D chart Looking at the 1H chart, the last up candle that sends price down into the liquidity (SFP) is the breaker A flip of the LH and a retest of that LH and/or breaker candle would then become my entry points We also have double stacked oversold bullish divs on this 1H chart and have...
Pretty self explanatory Break from bull pennant Now consolidation Could argue bearish H & S forming so looking for bearish pattern failure heading into bullish continuation
Lets fill all those down candles Close above 1.47 on 1W and we increase the chances of doing so a lot
No double fake-out thesis playing again well Mega day yesterday which wasn't completely expected Eth money will likely rotate here also so that will help fuel it higher I can't see there being too many dips in this unless BTC dies of death as it looks v solid Just backtested 4H support and pushing through 4H resistance
Memeline supporting uptrend has broke Backtest of underside of SR Seems a good bet especially with growing inflation concerns Close through the SR box would make me re-evaluate and likely close though!
Ideally the swing low at 43K needs to hold and anything beneath is a shortlived deviation which forms part of weekly wick The amount of FUD on the market right now is insane We have been 'ranging' for 84 days These do form bear trends within the range, LH's, LL's etc. I stepped into a long on 4H bull divs, 4H bull engluf, and added on a trend change on 1H at an OB...
Basically we made a high on parabolic run this became resistance and was deviated in a 'fake-out' ranging continued since and it closes thorugh the resistance it is likely to continue to pump af Could DCA here betting on continuation to range highs and then to targets if it breaks I haven't as BTC isn't out of the woods yet and it continues lower then this will too
1H MS has flipped bullish again It has picked up bids in 1D demand which sits on top of previous 1D cap resistance Bids in these down candles before the up move which broke bearish structure into bullish look decent to me Targets 53, 64 and moon bag for a quid cuz why not
DXY broke out the descending shape - stalled for a while then moved expolosively 93.5 Waining mometum as selling has slowed, 1D bull divs also but short still a good bet here At 1D Supply which is strong supply - continued/broke market structure to downside, OTE of recent down leg We are at 1M demand - which helped this leg up and thus has already been...
It hit the 1M OTE - expect reaction That reaction was double bottom on the 1D Also broke a bull flag and another descending consolidation trendline Measure move target hit nicely And the 1D supply gave bearish reaction as expected Now trying to find where to rebuy Few ideas - claim of the 1M bowl kneckline as the 1M chart is very much a bowl and handle (handle is...
On the 1D we broke the previous uptrend and now we have printed a LH on the HTF's We currently have HL's too atm, which if broke and we get a bearish retest of that area as shown then lower 40's is very likely The current global financial markets have taken a hit though, e.g. the ES, mainly due to inflation Also we have seen Ethereum co-founder Vitalik selling a...