This is an update on my previous analysis of Sol, But using my 1hr timeframe chart, which is a little more of a zoomed in picture than my normal daily charts. My first thoughts were we would hit 39, But we got pretty close to that yesterday when we hit the $40 order block. I did anticipate a higher low forming too and we are here now. We still have our lower high...
My ETH trade that I entered at 1100 I exited at around 1500, well it exited itself in my sleep coz that's where my take profit was lol. I do think we are at resistance now, and I expect some distribution formation over the next few days and a break in structure with higher lows, I think there is some correction after this where we will see the 1200-1186 order...
I took profits on my BTC long that I entered at 19k at 23.5k. I won't lie this trend is pretty strong, and I've been a bit afraid to fade it lol. I am waiting for a break in structure, and lower high formation on the 1h to enter any shorts, I do think we have either topped or are close to it. And that we will have a temporary correction downwards to 20-21k, before...
I don't really trade the SPX, but I like to monitor it as an indicator and confirmation of what direction BTC could go in because of how highly correlated they are. I do think we're nearing a local top on SPX, and could see some correction soon, and then pushing upwards to the 4119 order block. Again I don't trade SPX, just use it as a directional indicator on BTC...
This is a closer look at my daily chart, but on the hourly timeframe. I'm starting to see a break in structure on ETH and distribution forming, I'm going to wait to see the formation of a lower high around 1600-1570, the middle region of our last bearish order block on the hourly timeframe. This is where I'm interested in taking shorts.
We finally have a break in structure for Sol, I think looking for the formation of a lower high on the 30 min and 1hr will be a great place to enter a short. I think here we can retest the top of our last order block which is around 45 -45. 8, if a lower high forms around here I think it would be a great entry for a short with a target of 39 and 34.5 what I mean...
I've taken profit on my Sol trade that I entered at 27 at around 46. I'm now awaiting a break in structure, so far it could continue to push upwards, but I think soon we'll start to see a break in structure and the formation of lower highs. I do believe we still in an upward trend that will be followed by a temporary correction soon, but we will have a higher low...
After putting in this lower high on the daily timeframe. I'm starting to think we wont have a big dramatic move, this reminds me of the March upward range, only much more smaller. With consecutive higher lows, and a final push at the end of the channel that will make us believe its a break out.
Because I entered this trade at around 27, I am staying in this long despite possible resistance here. I anticipate a move down to the top of our last bullish order block, at around 33-34, and then a move upward to 48, then 59.
Eth hit resistance and a bearish order block at around 1280. I originally anticipated we could break this to 1400, however resistance is pretty strong here. I exited my long at 1250. I anticipate a move downward to the top of our previous bullish order block, at around 1100 - 1060. Then a long that could hit 1400 and potentially the top of this channel, 1700 our...
I've been trading in this channel since we bottomed at 17k. I anticipated hitting 23k, but we hit the bearish order block at 22,6k. I closed my long from 18k at 22,4k. I anticipate some downside now all the way between 20k-19k, which is the top of our last bullish order block, this could create a higher low on the 12H. Then I anticipate a move upwards to either...
I've been trading this channel since we bottomed. I expect to hit the next target at 23k , and then short to 20k, with a long to 25k , and the final target being 28k when we hit the top of the channel, then expecting a massive move downwards and final bottom.
Trading Eth within this upward channel. My first target is 1420, then expecting a short down to 1180, then hitting my final targets of 1580 and final target of 1700. The longer term trend is still downward, which is why the longs are more condensed and short lived, with substantial shorts in-between that translate to higher lows. I anticipate once we hit 1700...
Trading Solana inside this channel. First target is 49, then shorting back to 38 with a final target at 59, followed by a large short to the bottom.