I created this because I know many entered before it dipped. You may be wondering if you should sell for a loss. I myself would not sell. This is a new coin and will have plenty of uptrends but please, before we ever make a financial decision. I encourage you to always buy at the demand zone. I know smart money pretends to bluff but then dips to entice. I...
ATR VALUE. 93 pips short position. Smart money correction settled. Price moves up to ATR value for now. Long position ATR on its way soon.
Going back in time by showing difference. Resistance break through!
This is the same pattern from before but updated. Shows it’s going in the same direction from the Harmonic pattern. We have to also take into consideration a dip once it reaches the top white trend line. This is an update connected with other previous chart. FYI: I’m not guessing or making up ideas by adding or subtracting trend movements.
BULL MARKET STARTS 1/31/24 Smart Money contraction, trend a must rise above the blue bankers horizontal contraction up to…$? Until then, I will determine when BTC is ready for the crash then moving its way down to the support zone with plenty of Pull backs for order blocks created by smart money. Worst case scenario; moving its way down to POI.
We all know BTC needs some correction. ORDER BLOCKS always get rejected at least up to three times. A fall must take place from a rejection. There is no chart read as of yet where BTC will land in order to bounce back up. This is one trade I would not want to enter or stay. ATR is not to be messed with until correction is made. NYSE is up and so BTC is following....
Fake out & moved to contraction. 1.97% RRR. STW on a 5hr chart candle. EQ to OB. Safe exit at 0.76 but no more than 0.79. Many will think resistance but I don’t see it happening. If traders bought late above 0.80 then many will exit without a loss if there’s a second spike and this does not benefit Smart Money. Smart money has added to many bearish OBs as a way to...
Follow the columns with green arrows; see ARROW from prior and after; an idea where it may lead. Blue wave still on the rise.
Please follow the Ratio and signal for long term. Bear market is fading away. Please watch closely my money data blue trend: you’ll get the idea. Realize the the U.S. economy, when it’s up, ETH downtrends and when U.S. economy is down, ETH uptrends yet the ratio has more weight. Patience.
BEARISH OB. Contraction will retract the trend again. There will be some fake out little uptrends & downtrends since this is a 4 hour chart. My target was $41,776 as said by my prior chart. Difference in my price prediction was $94. Almost. Generally from OB goes down to EQ. There is plenty of liquidity to sweep and some large gaps on smaller time frames. Smart...
Here is a strategy on when to know when smart money begins to manipulate. Pay close attention. When on an uptrend, volume must be going in the same direction as the candles. Same goes on a downtrend. It’s also important to see the size on both volume column and candle. If the candle is smaller and the volume column is larger then a dip comes along with it. Size...
DIVERGENCE on its way. 1Day reads above said. Two OB’s. Bullish contraction has appeared. Trend has broken the wedge. Traders it was not my intentions to write out another chart but as of this morning; a bullish vertical block shows meaning at any moment will add much value to BTC; Also a SM BULLISH CONTRACTION. 1 Day Bull run from prior is still in play;...
Contraction from a higher time frame, demand zone, I read reversal soon. ATR value zone. Just an idea possibility in calculations once BTC started the little dip with risk reward ratio which is or was headed to demand. Then uptrend expected.
Gods will recover. 2 Bearish OB’s. High volume section. Working its way down to liquidity and Gap. The worst would be is going to bullish OB but ATR RRR says it as it is. Will then work its way up to bullish Gap, POI, & Volume. SM selling off, this helps traders exit and then will go higher. I’d exit if it goes down beneath Bullish OB which I doubt it will.
OB’s, Bullish Gaps, Harmonic pattern; call it what you want; double bottom or Harmonic. Pitchfork guidance. FYI: not all double bottoms or harmonics get accomplished. Gaps DO!
Equal highs took place, next move is RRR 2%. ATR reads are location value zones. ETH on its way to break through the Grizzly OB. RRR is ATR calculated united with ATR cluster. No reason to panic on a downtrend. Stick to Risk Reward Ratio. Moving forward, can’t get any worse than the two ATR readings unless Forex decides to dip to sweep new liquidity beneath the...
Updated Risk reward ratio. 1.81% risk. in danger of being stopped by bearish OB. Reads small downtrend before it reaches target.
167 pips, may still keep going. Yet new liquidity was created, will visit liquidity. POI is not easy to surpass but will, maybe not in this round. Usually after a doubt top or triple top. Equals lows helped me determine where the bull would come into play plus other methods: