barefootsalad

barefootsalad Updated 

Having a divergence on the 1h chart, the RSI and the MACD in the oversold area pointing up, this could become a nice long scalp for the short term. Fib leve of 2 as perfect entry has been reached, I suspect a price recovery to 1 as a target, which is also the top of the order block.

barefootsalad

$ETHUSD has broken out south of the range, where it moved inside for days. Bloody Monday took the last DeFi power from it and made it crush down from the declining trendline. My assumption is that negative volatility is back for some days now, with these record low volumes bears have an easy game to drive down the price. $ETHUSD loves to wash out stop, so it...

barefootsalad

$GBPNZD is in a strong uptrend - we can beautifully see, 1st touch, 2nd touch, breakout on the 3rd - now it returns to the demand zone, prior resistance which turned into support. Demand zone / support is at trend line, could not be more ideal. We will spread our entries within the zone and want to target the high of the range at 2.04

barefootsalad Updated 

LTCZ19 shows a bearish divergence on multiple timeframes and also harmonic patterns suggesting it is time for a short. Rejected from the .67 r-point level. Targeting 0.368 area to take partial profits, as it aligns with a fresh support. Similar setup to EOSZ19 . Kill zone to short would be in the area between 1.618 and 2 (ideal entry which might not be reached...

barefootsalad Updated 

As we can see XRP is playing with the recent range levels. On both sides we can see the level touches: 1 touch, 2 touch, fake out on 3rd touch, back to range with force. Not enough power to clear out the order book in the upper range, hence a heavy drop. On the downside of the range we have even more touches and the fakeout in the beginning. I applied the fibs...

barefootsalad Updated 

Shorting EOSZ19, price reached overbought levels, facing resistance, fib kill zone reached and a slight bearish divergence on the daily. Targeting 618 fib level for a first partial profit.