RampageXBT

RampageXBT

Bitcoin has had a neck breaking run up. It caught most people by surprise. I would say most people assumed bitcoin would pump if Donald Trump got elected and that narrative played out. I myself did not expect such a massive rally. It seems that we now have some structure building. We touched 90k on some exchanges. I think its reasonable to assume we get a pullback...

RampageXBT

I was really wanting to short the highs on btc but perp longs just didn't stop coming in and the constant pushing made it almost imporssible to hold a short. I gave up on it. Woke up to see btc looks pretty bad now. the volume is very telling. Lots of selling happening. On the 12h chart you can see a very nice and clean FVG. Tap that and i will look for longs.

RampageXBT

I don't trade eth that much, but looking at the chart this structure looks really good. If btc does cool off and rotates back down then this would also give us a very nice setup for a long on eth as well. We have a clean 4h FVG. If given i would take the long in the area marked on the chart. Be careful entering longs on any asset for upside continuation just do to...

RampageXBT

We are currently at the VAH of this MACRO range. its possible that we devate here and rotate back down inside the value area. I think this would be a very clean setup and would look so good for continuation. I am being cautious at thee range highs for several reasons. Historically we have tagged these VAH and rejected. Is this time different? Maybe Currently i am...

RampageXBT

There is a clear divergence between spot cvd and perp cvd. you can see that spot has been selling off into this area. Also we are seeing high etf inflows. Historically high etf inflows have marked local tops. Check the charts the data is there. Currently short Lets see what happens.

RampageXBT

Currently flat on btc just observing I missed the move up this morning O well. Daily btc looks pretty good, DXY is a bit concerning since it also looks pretty bullish aswell. Dips are for buying.

RampageXBT

I just took profit on a 6btc size long i had from this morning. Currently i am seeing signs of weakness and sellers seem to be taking a temporary hold on price. Not very intrested in taking shorts at the moment. Looking for mid 64's to punt another long for a continuation to 70k. Good luck everyone i hope this week brings you alot of profit.

RampageXBT

Well its kind of disappointing to see btc rejected that daily 200. As you can see we have a LTF trend line break. I caught that move up and took profit but i did not expect it to retrace like it did. I think it caught alot of people off guard. We now got pulled back into the previous Value Area. I think if this daily closes again below that 200 its going to get...

RampageXBT

So taking a step back. We certainly have been in a fairly strong down trend. The daily EMA 200 is around 58250 at the time of this posting. Watching to see if the daily can close above or below. It seems like buyers are stepping up and taking back control of the price. Looking at the 4h Time frame we have a nice FVG between 56850 - 57230 area. I will be looking...

RampageXBT

Weekly Close incoming, Looks like trash, This is the area i am looking to fade long.

RampageXBT

Re-shared from Trading view chat. Thanks to MBM_Crypto for creating this. I saved it and reshared it as an idea its a great clean chart.