YIQIN

YIQIN

Currently, there is a huge selling volume on yesterday, however structure is still looking fine. Pay extra attention of the range low and NPOC which the price is sitting roughly around 8.1-7.9 where it is really an important level for ATOM to hold, I am expecting a reaction coming over this area however it all depends on how BTC behave. As long as BTC is holding...

YIQIN

BTC is currently consolidating mid-range, however the price action is seriously choppy. Right now, the price action is consolidating around mid-range, there has been constant liquidity grab. However, as long as price stays above $20,000, bulls will be good! Notice that this range is either the high getting sweep first or the range low. Therefore, we shall wait...

YIQIN

Currently, ATOM break out confirmed, making the cup and handle pattern confirmed. The price $8.485 must hold in order for this bullish momentum to continue. Hence, watch out for the price level of $8.485 where there will be consolidation around this level and hopefully it expands from here. Peace

YIQIN

Currently, SOL is one of the few alts that have been constantly showing strength, currently the market structure is making a series of higher low, higher high. Price $37.4 is extremely important, if SOL is able to reclaim this price level, then we can expand much more higher, probably we can see $50 SOL. Besides, the trade ideas are provided, however it all...

YIQIN

Currently, ATOM is the strongest ALTs as far as I can observe, the retracement dint even hit 0.618/0.66 of the Fibo. Hence right below the previous swing low, it is potentially forming a cup and handle, of cause this is all speculation. However, the buying volume is really decent on a higher time frame basis. That's why ATOM is definitely on the radar to open a...

YIQIN

Well, as expected, price is currently heading towards sub $32. Based on the chart, there is a possibility that SOL will hit $30, and that will be the area of interest. Moreover, the price area over here, coincide with the golden pocket of the FIbo. Technically speaking, the structure of SOL is still bullish where right now this retracement decides the faith of...

YIQIN

Currently, BTC is sitting at the mid range. Based on the price action at the mid range, there is currently 4 consecutive candles closed above the mid range, with longer down wick, seems holding pretty well. However, if the price action couldn't hold, the next area of interest will be at last week low, around $19600. Where, BTC sweep the last week low and hold....

YIQIN

Well, previous low failed to hold as well, Day chart's candle made a clean break of the previous low, and right now as previously mentioned, price is opened up towards the 0.618,0.66 where the price is actually located at around 30-32. Besides, look after the neon blue trendline where it coincide with the golden pocket of the Fibonacci. Hence, observe the price...

YIQIN

Right now, SOL is struggling, NPOC couldn't hold at right now the price is sitting at previous low. It is possible that there will be a bounce here at the previous low, however if the previous low is broken as well. There is room opened for SOL, to head towards sub $31, where it is also the .619/.66 of the FIbo (golden pocket).

YIQIN

Currently, the structure of is bullish and is currently sitting at the NPOC where price is currently sitting at. Overall, if the NPOC couldn't hold, it is possible that the price will be possible to retrace to the daily demand. Of cause set up is indicated by the set up, for the rectangle box it means the 0.618/0.66 of the golden pocket. Possibly to wait out to...

YIQIN

Currently, ETH/USDT is currently rejected by the range high, and closed a 4H bearish engulfing at the range high. This shows that people are aggressively taking profits at the range high, opening shorts at the range high. While price is actually rejected, currently waiting for it to go back to the midrange before evaluating. However, I believe that the temporary...

YIQIN

Right now, ETH is looking bullish, structure looking healthy! Daily candle closed as a bullish engulfing, right now the price action is facing resistance at the mid-range. The tps area are marked, tp1 is at the range high which is at the $1250, and also the 4H fvp at $1400. Market is relatively proportional in the movement, consecutively 7 months of downtrend, can...

YIQIN

I personally do not like how it looks like, besides Powell the chairman of FED said that the recession is basically confirmed and will be having a hard time hoping to soft land this inflation. Hence, overall it doesn't look good, sentiment is extremely bearish and sensitive. Hence, there are currently two set ups that I think are possible, right now the price...

YIQIN

RIght now, there is an important SNR flip for SOL to remain bullish at $37.1, however so far it is rejected by it and formed a deviation above. Hence, ideally the set up is indicated by the green arrow and SOL probably will be heading towards the 0.618/0.66 of the fibo. Peace out, have a great day!

YIQIN

Right now, the daily candle of ETH yesterday closed as a gravestone doji, which indicates a bearish bias. Besides, it was rejected by the mid range, formed a deviation above. RIght now the price action is heading towards the range low, where hopefully it holds, if it loses range low, it will probably heading towards .618/.66 of the fibo. Watch out the price...

YIQIN

Currently, ETH structure is setting up nicely for a nice impulse move towards the upside, bullish. EMA 14,21 is having a golden cross, meanwhile currently range low of ETH held, and right now trying to break the mid-range. There is two TPs in my planning which is $1250, and the 4H fvg above. Yesterday's daily candle closed a dragon fly doji which indicates a...

YIQIN

Currently, SOL is looking quite bullish, approaching the trend line resistance and is being rejected at the moment. However, take notice of the VAL at $31.5 to see if it holds. Ideally, VAL is a good level of entry when it offers great risk:reward. Moreover, due to the scandal of SOLend, where the dev decided to liquidate the whale via OTC. It created some sort of...

YIQIN

From the 4H chart, price is able to reclaim $20000 and there is a market structure break indicating bullish set up. Based on indicators, MACD has a golden cross and below the axis, RSI also forming a bullish divergence and price stayed below EMA 200. This indicates that there will be possibly a relief bounce. However, the overall structure is looking not too...