Jimmy_Rebello

Jimmy_Rebello

After BTC recently made a high around 111,959, we observed a clear impulsive bearish move followed by minor pullbacks. The current market price stands at 103,396, and based on the structure, it appears that BTC is unfolding a bearish Elliott Wave pattern. If this holds, we could be in the midst of Wave 3, which typically shows strong momentum and...

Jimmy_Rebello Updated 

recent impluse momentum with a formation of HL on 1h could be a sign of trend change trade entry at2.300 to 2.350 demand zone further up at 2.5 can be the potential pullback area and could then face resistance at 2.65 and considering the down side risk at 2.200 can be the stop loss as it is recent low that bulls will try to defend

Jimmy_Rebello

current scenario suggest price to follow the bearish trend as todays low was broken after a early morning pullback that infuse the liquidity more on the supply side than demand and we saw a big red bar it is likely to come back at the area around 23000 to 22950 with minor intraday pullbacks

Jimmy_Rebello

* if you are trading on market orders need to set limit order * i say this because last week it has going all directions and playing with strict levels are important just spotted a triangle forming which could be drying up in volume as of recording this chart setup it saturday where major market remains closed the volume and volatility will be low buy area...

Jimmy_Rebello Updated 

📈 Waiting for a Pullback to Enter at a Discounted Demand Zone After a sharp move on February 10, we are now anticipating a pullback to enter at a better price. The ideal demand zone to watch is around 2875, where we’ll look for a strong bullish confirmation—such as a big bullish candle on the 1-hour timeframe—before entering a long position. 🎯 Target: 2900 📍 Key...

Jimmy_Rebello Updated 

📈 Long Setup at Daily Demand Retest Zone I'm considering a long position as 1.03072 aligns with my daily demand retest zone. This trade follows a fixed stop loss and target, maintaining a risk-to-reward (RR) ratio of 3.5. 🔹 Entry: 1.03148 🔹 Stop Loss: 1.03032 🔹 Target 1: 1.03328 (RR = 1.5) 🔹 Target 2: 1.03557 (RR = 3.5) This setup is based on price reacting to...

Jimmy_Rebello Updated 

after the impulse move previously price boosted towards 2880 without retesting the resistance which is marked and the level is around 2830 -2820 as demand area wait for the that zone retest and find a bullish condition or price action to aim back at 2880

Jimmy_Rebello Updated 

Level 70.50 going to be crucial 70-71 being the area which was long before a resistance on higher time frame now could be acting as support which has good probabililty along the way price also tapped into unmitigated demand zone which might be clearing the leftover supply that came from top on the long side we can aim at the target of 74.50 which is almost 5%...

Jimmy_Rebello Updated 

so there is unmitigated demand zone near 95700ish level i have marked that area with green box wait for the price and check if the level is being respected and price is trying to form bullish condition or any green candlestick pattern because news or anything else external can affect the technical analysis for its failure and stop loss could be 93600-650 with...

Jimmy_Rebello

📉 Price Action Update: Key Levels to Watch Currently, the price is trading within the 108 – 107.800 range. There are two potential scenarios to anticipate: 1️⃣ If the price continues to decline, we could see a drop toward 106.950. 2️⃣ Alternatively, a pullback from 108 could push the price toward 108.500 – 108.700 before resuming its downside move. This...

Jimmy_Rebello Updated 

let see if smc concepts works on meme coins first we have 4h ob and then we have 15min displacement and then the pullback so with ote optimal trading setup the price action is justifying the the levels as of now let see if it can hold the stop loss lvl of = 0.00001314 and target lvl of = 0.00001360 - 0.00001375

Jimmy_Rebello Updated 

After good up move I have been following the price with 50dema and it's going smoothly although price seems to be sideways or volatile for last week On the 1d chart there is pole and flag pattern forming the price showing support taken on the lower end of the flag so it's like to bounce back to 2.600 But we may face little resistance near the dema at 2.300 If...

Jimmy_Rebello Updated 

1. after previous high of 69000, we seen sharp down side from there btc recovered and formed a pattern 2. cup and handle or rounding bottom, after current breakout i found some interesting key points after a impulse move the short term target is calculated based on the handle and which was approx 50 % on the other hand the current breakout already has scored...

Jimmy_Rebello Updated 

we have a wedge pattern and its indicating price will have upside impulsive move soon we have one bearish fvg pending could the next pullack after bullish impulse then after we have final target down we have mitigated with the bullish poi waiting for the bullish candlestick pattern or structure start looking for entry setup after 0.57600 levels , 0.5800 and...

Jimmy_Rebello Updated 

today price opened on 4h orderflow and made a bullish wick which then got rejected at inside bar and in the end of day we have 1hr bearish fvg (orange) and downside we have 15mn OB (green) but it seems we would get to see liquidity sweep marked in white dots so wait or avoid trading the breakdown if the breakdown happens and price makes another bearish fvg...

Jimmy_Rebello Updated 

52600 to 52350 is the supply zone on 1h chart we seen a rejection from that zone later we found price drops nicely from from bearish fvg currently price is almost near to the demand zone which is at the level of 50800 to 50450 but i have to choose the pin point one level i will go with 50560 will be the area where we should wait and seek a bullish pattern or...

Jimmy_Rebello

after good impulse move to the upside there is certainty of price going into pullback mode because . price recently broken the trend line which was from weekly side so the next liquidity zone is supply from monthly which is 1% away and on other hand price can try to retest the fvg which nearby 0.5% below the current price (105.998) or the round figure 105 can...

Jimmy_Rebello Updated 

as of 07nov price is trading into the major swing high of daily chart and as per one hour chart considering 0.57500 could be the idm line which need to wick or sweep and wait for fvg = 0.57214 if the price does not change the choc for bullish side then it is possible 0.56872 that order block low can be get liquidity sweep