Bullish dragon showing bullish divergence on the MaCD after the lower low. We look to target the 0.5 fib extension, the previous high and the 1.618 extension as our three targets. Small position on this one for us as it is a riskier asset that has over-performed prior to this consolidation.
MASK looks incredible. We have a clear inverse head and shoulders that is almost identical to that of bnb a week or so ago - which we traded and hit massive profits on. On top of that it is confirming a key level that acted as a low in 2022 and resistance prior to breaking above, as support. With that we have also hidden bullish divergence on both the MaCD and...
Doge looks great on the daily. The chart mainly speaks for itself, but the real strength behind this asset is the accumulation that is happening above this key level of inflection that was the ATH in January 2021. We have a first soft target, but the real target is 16c. If it breaks below the stop loss it doesn't mean that we turn bearish on the asset, however we...
BTC keeps putting in lower highs on the 4h timeframe. To be bullish we want to start by putting in a higher low than the last at 41.6k, then eventually breaking the last high at 43.8. This is for a shorter time frame but it can't really be ignored. Lets see how we progress in the next few days, but we want to stay above 42k otherwise 40,600 is next and then...
BSV has been consolidating for a week at a key level of significance. Within this period it have been making higher lows and demonstrating accumulation. It is a clear trade to the next target.
SNX is showing a clear bullish accumulation structure. After breaking above resistance and confirming it as support our next real target is 7.7 dollars. The chart is really simple, and I wouldn't enter a leveraged long here. However, if you have a long term goal of holding certain tokens this one has tremendous upside and looks incredibly bullish. I'll see you...
Spring backtest of local level. We have gone long to the two targets, the stop loss can be a little looser, but price action below the level would be bearish. This set up would be stronger if the backtest happened at a key historical level, however it is still strong enough for this move. 4h convergence on both oscillators and the daily MaCD is also about to...
BTC had a bullish break out of a bearish right angled triangle a few days ago. Now it is showing accumulation, on a smaller timeframe, against a minor resistance standing in its way from the next target. The accumulation is well shown by the 1h graph: The stoploss is placed below the low of the accumulation phase as below that we believe that we could head to...
We are long after the backtest of the breakout pattern and the key level. The targets are clearly defined, however, if one was to go for the third take profit only they could have their stop loss below the last low at 8.6. Happy trading!
BTC has respected this upwards sloping channel for three weeks now. Should we break to the downside I see a retracement to two shown targets. As of now we are of course still bullish on BTC and Crypto in the medium/long run, a pull back like this could be a great chance to long should an edge develop. If it does we will provide an update and a trade set up. Our...
A bullish dragon formation at a key local support with both indicators showing bullish divergence. Long to the three targets with a perfect stop loss below the key level. The DXY is also reacting at a key resistance and displaying bearish divergence.
Bitcoin broke above 31k and went straight to 35k as we said could happen over three months ago. We are now looking for continuation up to ultimately 42k. At the 42 k level we will most likely sell most of our holdings that we acquired when we first broke out at 25k. This will claim us great profits and allow us to enter the altcoin markets that are shaping up...
Spring backtest at a possible accumulation zone and local level of support. Two take profits in place and a clear stop loss below the low of the spring. The spring is the failed breakdown at a key level and the backtest is the holding of that level as support after the spring. A great recognisable pattern in TA that gives us a set up like this
The SPX is showing 4 variables that suggest the price will drop. In our trading strategy, when an asset that is showing 4 variables in the same direction, we take the trade. As always the SL is one that as of right now makes sense, we will update if something changes. The 4 edges (Variables) that suggest downside: 1. Confirmation of old channel as...
We did not trade this directly because: - We were short on both the Nasdaq and the SPX500. - Both the assets above had a better RR. - Both have made us higher percentages than Google would've so far. However, we deem it important to post google as it is exactly the type of trade set up that we preach about and showcases traditional Technical Analysis in its best...
Reverse head and shoulder formed with a neckline at 25000, whilst also compleating the bullish harmonic. Bitcoin is breaking through now with targets: - 28000 - 31000 - 42000
NATGAS has been putting in consecutive higher highs for the better part of a month. This is indicative of a further move up as called over a month ago. Until this trend is broken we remain bullish and are looking to break the first resistance which should then lead us to 3.5$ very quickly. BULLISH
The FTSE100/UK100 has been showing signes of weakness although remaining at a high level. Find the our initial short - arguably our trade of the year - in the linked trade