CRYPTOCAP:BTC hit new all-time high at 97.8k CRYPTOCAP:BTC grinded up toward its 1.618 Fibonacci level, where selling pressure was absorbed. If large sellers are going to stand, this is the key zone where it aligns with front-running the $100k ask liquidity. If there’s no buying follow-through around 96k, we may see a test of the prior day’s POC at 94k down...
Pretty clean price action here on BTC the last week. We are respecting an upwards sloping trendline for now, while rejecting from the top supply zone. Longs can be taken at the trendline or if we start grinding into the supply zone above 92k. Taking shorts in that 91.8-92k zone has been very profitable as well. I always like to identify this sort of ranges...
Bitcoin is possibly in Phase C of Wyckoff Accumulation Schematic Model #2 Wyckoff Accumulation Schematic Model #2 describes a market phase where accumulation occurs before a significant upward trend. This model is often used to identify potential reversals and entry points, particularly in a downtrend that shows signs of accumulation. Here’s a breakdown of...
Taking a tight setup short here on BTC. Not ideal because it's weekend and we can expect more pinned price action, but in general I like this failure to reclaim 91.8k and making LH on ltf every time. We had two ltf breakdowns, not price is retesting value from below. Keeping the stop very tight because if we start grinding up there again, we can expect the bad...
Dino-coins such as CRYPTOCAP:XRP and CRYPTOCAP:ADA have started to move. If you missed those, watch for the next potential movers. GALA is coiling up and is forming a bullish wedge pattern and looks primed for a breakout. Price is now trading above ema200 on the daily chart. If GALA gains momentum, it could reach its March 2024 high of $0.08 Possible...
Bitcoin reached a new all-time high of 93.4k, followed by a strong sell-off. If we get at 91.3k-91.6k to fill some imbalance and gets rejected, look to short towards 85k-84k area. Stops above 93k Targets: tp1 - 88.6k tp2 - 87.2k tp3 - 84.8k
MASA is feeling BASE(D)! It's a strong AI low-cap. This decentralized platform enables you to securely share and monetize your personal information, earning MASA tokens while supporting a fair AI ecosystem. MASA has been consolidated for 50 days and now is attempting for a massive breakout We can LONG at cmp 0.080 to 0.075 Stoploss below .070 Targets:...
While holding longs or spot on BTC here is great, it's also a great market for scalping. People often think that scalping is perfect in ranging conditions, and it is, but having a very clear trending market with decent spot bid like we have now, is even better. You don't have to worry about direction and can keep scalping with trend as long as it works. In this...
Bitcoin has reached a new all-time high, hitting 79.8k! Are we seeing a similar pattern to last October’s fractals? On the 2-hour timeframe, price is holding above the 50 EMA without retracing to the 200 EMA. If it continues trading above 77k, this could confirm a parabolic move towards 100k.
JUP has been consolidating for nearly 5 months and it's finally challenging its key resistance level. On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout. If CRYPTOCAP:BTC stabilizes or range a bit, this could create a space for altcoins to rally. The immediate resistance is at $1.10. If this...
CRYPTOCAP:BTC marked another all-time high at 76.8k It was a significant day for CRYPTOCAP:BTC ETFs, with record-breaking net inflows. BlackRock saw its largest inflow ever, adding 14,588 #Bitcoin. CRYPTOCAP:BTC is now in price discovery mode. On the hourly timeframe, Bitcoin is currently stalling, waiting for the next move. I've added EMAs to the chart...
Just a small post about how to use fixed range volume profile to mark potential demand zones for a retest. It works on all timeframes, recently had these two great examples on H4 and m5. For fixed range vp, don't pay too much attention to VAL and VAH, instead focus on the high volume nodes, these should give better reactions.
CME gap at 66.8k has been filled and we swept below imbalances (poor low/singleprint) If we can hold 67.4k (pwLow ), then will consider it as a valid swing point retest for a three-tap setup 67.4k - swing point 66.8k - deviation 67.4k - swing point retest Looking for 70.3k (FriOpen) as initial target, next is around 71.8k...
$GRASS has seen an impressive surge in recent days. Since its listing, $GRASS has been pumping, marking it as one of the best-performing mobile mining airdrops lately. Will this momentum continue, leaving all the short-sellers—or 'grass cutters'—caught off guard? Technical Outlook: It failed to break its lower timeframe high and is now retesting the VWAP...
A recent release of 175 million TIA raises the question: will it follow ARB’s pattern post-unlock? ARB initially showed stability but gradually declined, eventually reaching a local bottom before reversing into a bull run. Currently, TIA is retesting its horizontal support level. If we hold above $4.60, I expect it to push toward $5, which remains to be the...
the triangle held, we are currently finding ltf support at the s/r flip bulls have a setup here, with the invalidation being acceptance below 162-163 where we can flip short target of the short would be 140s, but a marketwide downturn in that zone would easily cascade this into 100-120 alternatively a trendline breakout would make it easy for this to push...
Bitcoin retraces to the previous value area. On the daily chart, price deviated above our VWAP and is now retesting its upper band. Currently, price is retesting the previous range high. If this level holds, a complacency bounce is likely. Immediate resistance to break is around 70.7k ( pdPOC) . A rejection at this level could drive price down to 68k (pwVAH) ...
Keeping it really simple here Since we're not in the business of permabulling or moonboying, just some levels and ltf plans (that could snowball into longer holds). I'm not really a breakout trader, in case we continue up I'd rather wait for the first 15% liquidation candle and ape into that. Other than that, if we just sweep the highs it's more likely an...