call TECHNICAL EXPLANATION HTF support with strong bull divs. Money flow coming into the green as shown by the white circle. This can be a very bullish reversion. Risk/reward is phenomenal if this plays out. call STRUCTURE ENTRY @ 96.00-100.00 TP @ 105.50/114.00/122.00/130.50/141.00 sl @ 93.50
call TITLE BTC/USDT LONG call TECHNICAL EXPLANATION BTC bounced from the range low. Momentum indicators are telling me that BTC is oversold. And there is a BPRO divergence that is about to play out imo. I consider this as a risky trade, therefor I will enter this trade with a small capital. For a higher probability trade, I would consider to wait for the hourly...
APE/USDT long call TECHNICAL EXPLANATION: After that impulse move up, APE retested an important zone and is bouncing off nicely. Stoch RSI is also reset on the 3 hour. Reclaim 14.3 and it could retest 15.4 next, which is an important are to clear for continuation. call STRUCTURE: Entry @ 13.80 - 14.26 TP @ 15.40/16.20/17.30/18.20/18.75/19.30 SL @ no close below...
As stated yesterday their is a overall bearish market structure and a dump coming soon, although I still believe their is hope for a little bit of more bullish action before that dump comes. It may come sooner than expected and it all depends on how price holds the next region of support its currently on. If price isn't able to hold this level on higher time...
As shown by the white circles on the bottom indicator on the screen (stochastic RSI), you can see how every time we have been in these overbought regions. A red dot signal on the top indicator (Market Cipher) has always occurred, these two signals have indicated very bearish patterns reliably every time its occurred on the weekly time frame. That does not mean...
I believe we may have a little bit of a runup before dumping in the near future. I believe we may come back down a little bit as we did in the past and depending on how price reacts we may uphold uptrend support or we may lose it and come down (Local Support 20-EMA, the white line in the middle of the keltner channel). Cause of this I would wait till price action...
I believe bitcoin will repeat previous price action movement (shown with blue circles). This can only happen if price can break and claim the first level of resistance (bottom purple box), from their it make continue to come up to the resistance level at 46500-47000 (top purple box), or it may reject at the 44500-45000 resistance level (middle purple box)