Mike-BTD

Mike-BTD 8 hours ago

ADA retraced to the golden pocket and is fighting to stay above the 200D-ema. Momentum and trend oscillator show bullish divergence. The volume gap below is still present however support here is possible as the price structure rounds off. Full TA: Link in the BIO

Mike-BTD Mar 24

SHADOW is running into resistance and because of this, the setup should be treated as a breakout trade. With this said it's important to have strict RR. Expect a bearish response that we can take advantage of. As long as we don't fall below the yellow box the price is still looking for a squeeze up. Full TA: Link in the BIO

Mike-BTD Mar 23

SMT is still in a clear downtrend with no clear signs of a market structure pivot. A choch will provide evidence that the bulls are ready to respond. The momentum is looking good as it is diverging bullish however, the price has yet to get any follow-through. Full TA: Link in the BIO

Mike-BTD Mar 21

BNB is still in an uptrend here while testing the bottom of the demand line. The question is can it hold? There is a volume gap below to be aware of however horizontal support is being respected while the market shows weakness. Full TA: Link in the BIO

Mike-BTD Mar 20

ETH is still in its downtrend. I am ready to flip bullish on alts as soon as I see this trend reverse. I will wait for those confirmations patiently. Market structure pivots require discipline. In the meantime DCA slowly. Full TA: Link in the BIO

Mike-BTD Mar 19

CRYPTOCAP:BTC is still playing games. The price is still in a downtrend while currently running to resistance. The ultimate confirmation of reversal is a choch follow-through led by a bullish divergence. It may be in the works but I want more evidence. Full TA: Link in the Bio

Mike-BTD Mar 18

MAVIA has made an explosive move to the upside. However, now is not the time to get emotional. This is the time to be patient. Two things can happen, retracement or structure. If the price retraces a choch is expected if it consolidates in a structure then a bullish and bearish thesis can be formulated. Full TA: Link in the BIO

Mike-BTD Mar 17

HYPE is still in a downtrend after the clear 3 waves down. The price is currently in dip discovery and the question is the downtrend over? A Choch will provide evidence of a possible reversal. Without it, the trend is your friend. Full TA: Link in the BIO

Mike-BTD Mar 14

AERO is at the bottom of the range. Momentum is somewhat bottomed out while there are multiple drives of bullish divergence on lower timeframes. There are no confirmations of a choch but it's time to put this on a watch list. RR is very healthy. Full TA: Link in the BIO

Mike-BTD Mar 13

LINK needs to provide some data suggesting a reversal here. There is some support here however a volume gap below that would allow the price to fall right through. A choch would provide the evidence that we need. Full TA: Link in the BIO

Mike-BTD Mar 12

KAS has been dealing with a downtrend after a large distribution. Eventually, the trend will end; unfortunately, there are few signs of this. However, now is the time to put Kaspa on a watch list. The price hit a very good level of support and if the price can give us indications of a reversal it is time to get risk on. Full TA: Link in the BIO

Mike-BTD Mar 11

BTC is at horizontal support that can pivot the short-term trend. However, without market structure pivoting and breaking the short-term trend the trend is likely our friend. A confirmed higher low and higher high would build a strong bullish thesis. Full TA: Link in the BIO

Mike-BTD Mar 9

CPOOL is falling into support. We likely see the price react at the horizontal liquidity levels below. A ChofCh would be ideal before deploying capital. In the meantime DCA slowly. Full TA: Link in the BIO

Mike-BTD Mar 6

SUI hit a good level of support but we need evidence of a reversal. A pivot point structure would give us the confidence that we are no longer in a downtrend. Full TA: Link in the BIO

Mike-BTD Mar 5

HBAR is in a weird spot it either is going to make a complete 3-wave retracement through the volume gap, or get over-bought and move up. Regardless, of the way the chart looks it is most likely going to get a lower high without more volume. Spot is your friend.

Mike-BTD Mar 4

VET is approaching strong levels of support. There are signs of bullish divergence on momentum and trend oscillators. Although this is a good sign a chofch would confirm a pivot to the upside. DCA

Mike-BTD Mar 3

BTC filled the CME gap and almost retraced to the golden pocket fib level. There is a decent volume gap below before we get more support. This is a critical level for Bitcoin a CHofCH would be ideal.

Mike-BTD Mar 2

PLUME is looking for a breakout of a symmetrical triangle. Technically it is a continuation pattern and given that the price is about 70% towards the structure's apex, it is likely to get a breakout soon. Momentum is also trending upwards. Goons are accumulating within the volume range in preparation.