we formed a 4H resistance at 360, then price rejected to 4H demand and filled bids we then faked out of the 4H resistance here we are trying to breach that 360 resistance again any strong close below here or/and the 1D cap at 356.80 will make me close!
Playing with this trendline and filling bids in the 4H demand could argue DOGE is bullish accumulating again Safe entry would be strong close above the cap then big the cap Memes prevail...............
$LINA had a nice bullish breakout from the descending formation 8 or so up candles and exhausted momentum caused a holt Looking to get long on some of these down/demand candles as the payoff could be mental if it reaches back to range/initial highs $BTC is actually at resistance though so I haven't DCA'd/opened yet! See you at 20 cents soon, pls...
I have been seeing a lot something will print two lower highs and start a trendline Then drop quite aggresively and print a low Then the market will either break the trendline or get rejected again Finally deviate that low then push on higher as it wipes out all the stops of the pre-emptive breakout trades Looking at the HTF's the 1D market structure has flipped...
This was beautiful expansion from the bullish pennant and the previous quarter Somehow no 1D bear divs yet which is surpising to me The 2.0 of the previous quarter is at 3381 on the binance perp chart and will be hit soon I think this is likely to cap the market and maybe push it back down range bound Ideas for the range low are highlighted across some of the wick...
A good place to bid some TSLA may well be this ascending trendline that has confluence with the golden pocket of previous up leg Could treat it as a swing with stops below 619 and TP's around 815 Might make this trade on a crypto exchange to try the tokenised stonks out I hate charting the gaps. Bankers need to control the open and close so they can manipulate...
Again gold bullish bias building Bowl and handle forming upon this 1D break of the flag and double bottom Previous break of the 1 level - 1912 was a deviation forming the ATH Clear hold of the level and flip of ATH will send XAU further into the 2000's Inflation in fiat is most definitely in the process of being realised also, which will be bullish for gold and...
I traded a break of this early January and got took out at BE which was sad as XAU looked prime This time combined with the 1D double bottom that is confirming and 1M chart bowl and handle which is confirming with this bull flag and a flip of 1912 is making this break more bullish Measure move gives target of 2384 but feel free to fib high to low of the flag and...
We close above 1756 today then XAU should run well having printing a 1D double bottom Measure move target is 1834 just beneath the 1D supply where a bearish reaction would be expected! XAU time to finally save Mccormack so he doens't need to continue cussing BTC behind his tears in vain of his dying asset
I'm defo expecting a pull back so maintaining patient for now Some of that up-leg needs filling and backtesting Either will be at the median 0.5 red line or maybe the OTE the 0.62 to 0.79 fib retracement of the up leg if successful we should then push to test 56-58K cluster resistance if successful at that cluster market has good change of pushing back to low 60's...
Firstly we are into a bearish 1D trend now - recent HL taken out and rising wedge broke downwards. Now we are looking for a reversal point forming a 1W HL. Future 1W closes must be above 32.2 and the wicks must remain above 28.9 - Jan open - anything below here and then the 1W looks shitty and then we look to 24K, 20K etc. Ex. SCENARIO: we move down into 42K,...
hopefully this gives us some relief to about 53K if levels there aren't reclaimed I can see 40K being targeted next bullish above 56-58K, extra bullish above 60K Bearish below 48K where I would look for a reclaim of 43K, 44K
Long opportunity when it confirms, which would be a close of the next candle green giving the RSI the start of an arm up Targets for me 54300 and 1W open initially Likely to be short term bottom if it confirms We have deviated the mids and now looking to hold it using the 1D demand Could be a good close to the week...?
Basically market absolutely shat itself while I was enjoying some sleep after a good night out to the pub Sadly some longs I had been building took a sting Reasons: Hash rates in China died due to a huge blackout their which correlated with big downturn Also, lost 59K and it created a chain reaction of sells and long liquidations as price had been stuck above...
Ascending wedge again similar to BTC 1D, LTC and DOGE LTF setups from yesterday Safest entry is buying a retest of the cap of the ascending triangle which is 1.488 If no retest pick up a HL after the deviation level has been claimed, as this confirms bullish market structure Fundamentally this is a more efficient version of ETH, but at this moment less...
Simple ascending wedge on a majorly uptrending asset means pump out the top! I can't believe what I'm seeing/trading, how is DOGE this high loooool
similar to Doge - ascending triangle/wedge this one is backtested unlike Doge also so hopefully it can help the push to $300
Evident CRV started at high prices and sold off, found a bottom and is now pushing up those initial higher prices Using the 1D chart we can derive the cap of the market is the SR block of $3.6-$3.1 - mid and late August 2020 One we clear this which lines up with the deviation level on the LTF setup there isn't really any resistances, similar to XRP above $1.1 The...