Tealstreet

Tealstreet

Price tagged and got rejected at .618 Fibonacci level Acceptance below 4.50 and back inside the range then we'll consider it as DEVIATION If you'd wish to position yourself, wait for the price to retest the demand zone around 3.60 to 3.50 area

Tealstreet

XETR:ENA dropped significantly by almost 47% from its local high If we can hold .94 to .90 here (green box) , more likely will retest 1.14 to 1.20 (.618 Fibonacci level) Any strong rejection at this level is a SHORT opportunity targeting .70 area Final target: .54 to .50 (if it gives)

Tealstreet

If CRYPTOCAP:BTC can shoot up to 68k level, I believe we can see CRYPTOCAP:JTO tapping 3.80 to $4 (previous range) However, it wouldn't be that easy to break this level in one go so I'm expecting a rejection at this level The safest level to max bid is around $3 to 2.80 (demand zone)

Tealstreet

Just looking at a few scenarios going forward here. No sweep of range low so far, except on the CME chart. One thing we see is that both range high and range low have been tested 3 times without either breaking or being swept. The more often support or resistance get tagged, the weaker it becomes, so it's likely that the next tap will at least give us a proper...

Tealstreet

Many alts showing the same pattern here, but we'll use SOL as an example. If we take the accumulation range out of which the last impulse started and draw a range to recent highs, you get a pretty clean range, midrange and quarter ranges. If we can reclaim midrange, we probably fill some volume between 140 and 170, which is the most likely scenario imo. If we...

Tealstreet

We got a decent reaction from the .618 fib level Currently, we can see that $5.20 is acting as the immediate resistance If we can hold 4.90 here, there's a chance we can fill the lower timeframe inefficiencies around 6.30 to 6.50

Tealstreet

RSI bulldiv on H4 Monday low sweep might trigger some upside Not sure how far we can take it, but 68k eq highs just above Monday high is main target. We secure some profits at Weekly Open, which is also OTE of the last dip and aligns with an imbalance on ltf

Tealstreet

.9775 is the local resistance that it needs to break If CRYPTOCAP:BTC can hit 67.8k to 68.5k, there's a chance LSE:ONDO to shoot up straight to 1.05 to 1.12 before we retest .86 to .78 level If you'd like a safe entry, wait for a valid retest on .86 to .78 (bullish orderblock)

Tealstreet

Price keeps getting rejected from Ema50 If you are not in any position yet, better to wait for the range to develop a bit Price action looks a bit weak here thus I'm not expecting a decent bounce at .86 (neckline) , could just be a temporary bounce I would rather bid at .80 to .75, however, I also have an eye on .62 to .60 level for possible deviation

Tealstreet

After a weekend of unpleasant price action, we're looking back at 2021 to see what happened before when BTC almost touched D1 EMA 100 after a big sell-off. The cycle's first top was a good example, although there is no implication here that we are at a cycle top. It's just similar EMA structure, which is worth studying. Price action develops a bit different in...

Tealstreet Updated 

We may get a shallow bounce from this level retesting 11.8 to 12.5, any rejection we get from this level is a SHORT opportunity targeting the wick on the downside TARGETS: 10.4 - 50% of the wick 9.3 - .618 fib and 100% of the wick 7.7 (if it gives) Flip to LONG at the mentioned levels of interest

Tealstreet Updated 

PoC is acting as support here If this level holds, we can expect a bounce toward .014 to .0145 in confluence with high volume node The levels I'm interested to go long in case we get a strong rejection is around .0113 (.618 fibonacci) or lower to .0096 to .0088 area for possible double bottom

Tealstreet Updated 

We could see a selling pressure at .37, where price reversed and plummeted by almost 40% impacted by the recent market drop. If we can get some good reaction around .22 to .20 area (local support), there's a chance we retest previous support .26 to .27 However, any rejection we get at this level (.26 to .27) is a short opportunity targeting .16 to .14

Tealstreet Updated 

Longing a retrace into high confluence area - H4 EMA 100 - .618 fib - High Volume Node - pdPoC

Tealstreet Updated 

We have some nice confluence above, where we left an nPoC + a level that didn't sweep on the CME chart yet. If we can have a bit more downside first and tag last week's CME close which coincides with a high volume node, fib retrace and another nPoC, we long with tp1 and tp2 at the nPoCs above. Invalidation: lose H4 EMA 200 and high volume node below us You can...

Tealstreet

We almost filled the upside gap Currently, we can see that 1.36 is acting as the local resistance here Failure to get above this level, then we may retest ltf demand around 1.16 to 1.12 Invalidation: price gets above 1.36 Local support: 1.24

Tealstreet Updated 

Looking at this impulsive move down on BTC *edit: Looks like SVP (a premium indicator) doesn't show up on the published ideas. If anyone knows how to fix this, please leave a comment Top Left Impulsive moves up don't leave any support, so the corrective move if often equally impulsive, like we just saw in the last 48h. We see the move stall in Optimal Trade...