SublimeTraders

SublimeTraders

Hello traders and followers. It is with great pleasure that i am sharing my analysis with you so if you enjoy my work please like and follow, this encourages me to continue to do what i do. In today's analysis we are going to take a look at the 6h chart on BTC and most precisely at the key elements of an accumulation phase according to the Wyckoff method....

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Hello traders and followers. With this chart i am taking a look at the monthly chart and come with a simple explanation on the price action. Evidently , we have been guided by extremely strong fundamental events, but the price action also has it's say in the way things turned out. When we check the monthly candles we can see that we have formed an engulfing...

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EURUSD showing signs that is it weakening. Possible 15m short with 1/3 RR ideal ratio, gap is closed so we can move on . Pretty confident on this one.

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Hi traders and followers. Wanted to update you on the ETH price action (stagnant during the Week-End) but showing some hints on what may come. I am going to prioritize the bearish scenario on all of the 3 possibilities, mainly because we are closed below a 1h orderblock that has been confirmed once and because we closed below my trusty 0.33 FIB. White scenario...

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Hello traders and followers. We are going to take a look at BTCUSDT and the scenarios we might have in the following days. First and foremost don't forget to like this idea if you agree with it, it motivates us to create more. Now let's get started with the fundamental background that has had two major events this week: - Binance/FTX feud has caused a lot of...

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In the resistance area right now, BTC is showing weak signs of strength. If we close and confirm above the resistance area we will be headed towards the next resistance green line. Failing to reclaim this level can send the price back down either to the pitchfork trendline or in the neutral bearish zone. All bullish ideas are invalidated if we close below the red line.

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It seems indeed that we are in a channel that we can not escape from. The daily trend has yet to break this structure that looks like everyone is abandoning ship. Hard words indeed, words that make you think if crypto is even worth it. But rest assured , the whole market is taking more or less the same hit. Now back to our daily chart. We can see the points of...

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Really wanted to post a complete update on #ETH so for this update we chose the 6h chart so that we can have a nice overview of the market structure. Ever since July , we have been predicting the outcome of the merge with a slightly bullish trend. Plotting Higher lows and higher highs along the way made traders think that we have the possibility to touch the...

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CHZ has formed a pretty clear Cup and Handle pattern on the Daily , pattern that can have it's projection verified as seen in the chart. The volume is in divergence with the price action, indicating that there is low interest in pushing the price further down. We will consider this opportunity as invalidated if we close any daily below the 0.33 Fib .

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CRV us in a rising wedge formation and also very close to the developing POC and previous high. Targets are based on high value areas . the only sub optimal "feature" of this trade is the RR, because the stop loss should be placed just above the previous VAH.

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On the 4h chart we can establish that we are in neutral territory. Oscilators are low, MAs are neutral and we are blocked in a VPVR range that has a low of $20.4k and a high of $21160. The last 4 candles have a low ATR and therefore we do not have much room to trade. Due to the fact that the candle -2 was a doji and it was engulfed we can assume with around 80%...

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We are given 3 scenarios in the Daily chart and all of them include a rebound of some sort obviously , but what is interesting is the levels we can get with them. 1st scenario - Rebound on the top of the last known demand zone, dating back to DEC 2020. 2nd scenario - Entering a range in that demand zone and finally leaving on the upside. 3rd scenario - Ranging...

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$KAVA 4h chart , things we can see: - Asymetrical V shave recovery that lead to an ascending channel (can be considered as accumulation) - RSI + MACD neutral - Waves slightly positive - Fib trace shows us the possible Liquidity check area before springing upwards - $2.90 is the upper limit inside the range. Need to close 4h above that level in order to think...

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Overextended and rejecting from channel top and bottom of previous bearish block formed on the hourly chart, NEO is on the way to offer a new entry opportunity. If we get scenario A (reject on 0.5F) we will not enter any longs because of the low RR If we get scenario B(break through 0.5F) we will activate a DCA trade that has two open orders between 0.5 and...

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Willing to bet a donut hole that we are going to leave on the upper side. 4h looks slightly bullish, with the triangle exit yet to be determined. We are slowly pushing above kumo cloud , and we haven’t done this since the 4th of May and we failed back then. So , some things to keep in mind: - 1 We will exit the current triangle soon with a big move - Volume is...

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Sitting on a tight but wide order zone , NAV has the chance to gain if we stay sideways on BTC or if it does not pump/dump with big volume . Good pair to watch aswell as ETH/BTC that has been holding strong but has less potential profit.

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#BTC update As clearly plotted on the chart, we have printed lower lows since our last run on $48k. Since then we have had some tries at reversing the trend but we didn't manage to keep the higher highs. We are now in a historical accumulation zone ranging from $37500 - $39100 and breaking the local structure can allow the price to test the descending...

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1H analysis Bull flag formation started at a clearly formed pole. The channel is respected thoroughly and inside that channel we have a confuence area that supports the price midway . Area formed by the kumo cloud, POC and 0.23 Fib. We also have a rejection area just before the 0.618 that can push the price back in the range (possibility to wick to it) The...