SinSilyo

SinSilyo

im using bnb as my leading coin other than btc, if this is the bottom then im looking at a price action as this on a wyckoff perspective that i think there will be some form of shakeout before an impulsve move to shake weak hands and take tight stops..

SinSilyo

,y eyes on uni with a potential H&S pattern triggers entry on neckline breakout

SinSilyo

not so fan of the pattern but i just saw it though so BTC H&S with failure retest on the neckline

SinSilyo

btc at range but we can still make money here with low risk buy entering at retest after breakout from a week long resistance

SinSilyo

btc is potentially forming a inverted cup and handle, though the probability is low, we still wanna consider this to look out in case were going down and take measured precaution

SinSilyo

this is btc fractals using parallel lines, if materialize, will be expecting a dead cat bounce which is a good entry before continuation

SinSilyo

eth btc pair looks bullish forming an ascending inverse head and shoulder pattern

SinSilyo

eth btc pair is so bullish right now supported with volume breaking the ema 20 daily with big green candles indicating momentum, ethusd pair is also bullish

SinSilyo

btc is on a downtrend parallel channel with the bearish divergence in macd, as long as were below red line bear div is effective, on the good side we see a potential inverse H&S pattern that may form.

SinSilyo

looks like were having an adam and eve pattern for eth and the target is way up to 4k level, neckline now may act as strong support from here

SinSilyo

eth/usd pair currently at resistance level, to continue bullish we should not see big red candle or big selling on volume or we see it it should be negated immediately, im personally bullish on this in the long term but timing is everything..

SinSilyo

looking log chart on the daily for bitcoin, it is currently retesting a trandline resistance

SinSilyo

too early to tell if the accumulation has taken effect but we now have see signs of bullissh divergence on the macd in 1D and 4hr timeframes

SinSilyo

hive broke out from a falling wedge and latest horizontal resistance with volume and a big candle in it, good RR entry in the yellow line retest!

SinSilyo

here is my bullish scenario at 4hr time frame were the green line holds as spring test in wycoff perspective, though there are a lot of liquidity below it which attract the price action.

SinSilyo

since btc closed in red yesterday in the daily Tf which is a sign of weakness, another potential spring may form, and will create an ending diagonal or like a falling wedge for btc, my bias will change if it break the 50% DB

SinSilyo

bitcoin is still inside the range, un til the bulls has not prove yet theyve taken control stay away from the market or get rekt. this is a waiting game!

SinSilyo

looks like the 200D ema line is acting the resistance, and unless were below it we'll be neutral for the moment, were still inside the consolidation box.