HTF Trend of TRIAS. price very close to the junction point of: 1) Bullish Trend since Jan 2) Support Level which was previously resistance. Can we get another leg up?
The past few weeks have been brutal for crypto, TRIAS has slid from $4 without reprieve. it now sits at an important level for me, a level that is support flipped from resistance and in an ascending trendline. On lower time frames Im optimistic of what looks to be a reversal / accumulation bottom pattern.
I like this setup for a long here from 3.80-3.90 holding above 3.80. A good push up into the first red band would be ideal, then the second and beyond into new yearly highs. RR is great as stop can be tight. Lose 3.80 and expect 3.20. However, failure to get above the local high is bearish (double top) and I would be looking at a .618 to .786 retracement.
Few legacy coins have performed as well as TRIAS this year. Structure has been very bullish, higher highs with double bottom higher lows. I'm looking at 2 key levels to re enter if my systems tells me to. They are the green boxes at $3 and $4, both sitting at strong key levels as per my system. A pullback to $4 would sustain the strong flipped support level and...
Link has been bound to this range for a about a year, the market does not want to entertain price out of this range yet. The recent deviation below, and the strong rejections from range highs give creedence to using these levels to set positions. Bottom 1/4 is great as a DCA long term strategy, even if it keeps dipping the trigger to sell spot is a break of lows,...
Price attempting to break out above a massive resistance level of $4. We don't have acceptance yet but a retail "cup and handle" pattern is in play with a technical target of $5-$5.25, which also lines up with levels of interest from over 18 months ago for me. My options are: A) get acceptance above $4 and floor it to $5 B) A is invalidated if price gets...
Some people did really well buying SOL at the lows late last year, and were well rewarded for their risk. Fast forward 6 months and the chart just looks bearish to me. I have 3 bearish conditional setups I'm looking for over the second half of the year: 1) "Double Top" print a second high at resistance and prior swing points. The invalidation is acceptance...
I like to use the TOTAL 3 chart to find my buy/ sell zones on alts. I like this range because it has been respected by price, even after price attempted to break out. I see price being forced into 3 scenarios: A) continue up to range highs B) Retest range mid > range lows C) lose the range low support and continue down, creating new lows I will go to lower...
I'm trying to plan my future positions with TRIAS, the next few months and key levels will give me more conviction on bias. TLDR: ❌️DECLINING VOLUME ❌️DOUBLE TOP RESISTANCE ❌️DISTRIBUTION TOP/ ELLIOT WAVE COMPLETED From an accumulation bottom, a big first half to the year sees a double top pattern. Once you see the volume and volume profile data you see two...
After yesterday's dump, VRA had a nice rally up to the 20MA. I found points to which I could draw a range, top of range being the 20MA. ✅️Clear entry target ✅️invalidation is acceptance above 20MA/ range ✅️ targets are pre defined as range levels ✅️clear stop placement, minimal risk. I would like to see yesterday's low tested again to form an accumulation/...
Green box is critical, it either sets up a great long or a good short entry for me. Acceptance below should see an equal low or lower low printed. Play the levels between liquidity zones and S/R for clear invalidation and stop loss placement.
Using the line as a clean way to see market structure, see how this looks like a big "bear flag" retail pattern? If the price chases liquidity pockets above and below it would typically be printing these Higher Lows, Lower Highs and an EQual Low alongside a Change Of CHaracter. As it has another attempt at getting above .0065, my opinion is this has been a...
VRA is is a traders dream, the massive volatility and volume really make it a gem to work both long or short for me. As always I am unbiased but I'm eyeing two potential scenarios over the next few months. The levels have been clear, and the volatility and volume really makes you need to watch for liquidation spikes as this is heavily leveraged on centralised...
TRIAS is one of my favourite alts that I'm looking to accumulate long term. In terms of market structure, trias has outperformed most other alts this year and is still in my mind in a bullish uptrend. I see higher highs and higher lows, all being printed at key areas of S/R. Currently expecting a higher low to be printed as shown by the cyan path. I have zero...