benjamintrades

benjamintrades

my bias for BTC currently is to stay long and under the impression that a move back up to $58,000 - $60,000 soon is likely. Reasons why: - We are still printing higher/lower highs in an uptrend. - Using the trend line shown as support, bar a fake out in March we've rejected this trend 3 separate times since then on the higher time frames. - Price is flirting with...

benjamintrades

my bias for BTC currently is to stay long and under the impression that a move back up to $58,000 - $60,000 soon is likely. Reasons why: - We are still printing higher/lower highs in an uptrend. - Using the trend line shown as support, bar a fake out in March we've rejected this trend 3 separate times since then on the higher time frames. - Price is flirting...

benjamintrades

After we played the short term XRP short perfectly (see previous XRP idea) i'm now looking for XRP to move higher. Hoping to see either a move up from this level where i'm currently long from the 0.618 fib & the black line shown on my chart. However, i'm taking into consideration a move down back into the grey area where we've seen orders come in very recently....

benjamintrades

We wicked down and tapped the trend and 0.786 fib perfectly this morning and it may signify the end of the correction for ALGO and all of crypto really. I think we may get another tab of the trend line & 0.786 fib, forming a double bottom on the lower time frames before a slingshot back up. Should we break the trend line and close below, we have support at the...

benjamintrades

Been riding NEO beautifully today. Took a short from $116.50 and rode it all the way to its previous wick resistance at $105.00 & now looking for some long plays. We're now forming a - falling wedge. - rejecting the 0.618 fib level. - formed a three pin formation amongst candle closure at $104. - printing a bullish engulfing. - using the most significant trend...

benjamintrades

its beyond a joke now..

benjamintrades

Could we have come up and close any more perfect? GRT is moving perfectly after cryptos weekend correction. It's so nice to have charts looking clean and simply abiding by the rules of trend lines , fibs & support levels. My last idea on GRTUSD led us to hitting our first TP1 at 1.74 but just missing our second at 2.22 as we dropped just before hitting the...

benjamintrades

finding it hard to be bullish over the short term for XRP. - we've descended into a channel towards the downside after our impulsive moves up over recent weeks. - price wicked through the pivot & perfectly through the 0.618 level favouring farther downside movement. - #XRPBTC has also rejected from the upper trend lines toward downside movement. I think a retest...

benjamintrades

Could we have come up and close any more perfect? GRT is moving perfectly after cryptos weekend correction. It's so nice to have charts looking clean and simply abiding by the rules of trend lines, fibs & support levels. My last idea on GRTUSD led us to hitting our first TP1 at 1.74 but just missing our second at 2.22 as we dropped just before hitting the...

benjamintrades

finding it hard to be bullish over the short term for XRP. - we've descended into a channel towards the downside after our impulsive moves up over recent weeks. - price wicked through the pivot & perfectly through the 0.618 level favouring farther downside movement. - #XRPBTC has also rejected from the upper trend lines toward downside movement. I think a...

benjamintrades

Rejected the previous most significant candle wick, along with a perfect tap of the 0.786 fib level. Printed a lovely pinbar on the 1HR time frame and hoping to see one also as we close with the 4HR candle. Two fake outs are resulting in another retest of the 130.50 level and i've taken a short.

benjamintrades

Rejected the previous most significant candle wick, along with a perfect tap of the 0.786 fib level. Printed a lovely pinbar on the 1HR time frame and hoping to see one also as we close with the 4HR candle. Two fake outs are resulting in another retest of the 130.50 level and i've taken a short.

benjamintrades

We've seen body closure above the lower trend line but i'd still like to see it above the wicks as seen in the upper trend line. We could perfectly bouncing of the lower trend using it as resistance to move upward. However, if we go slightly lower... I think we have some wick fishing to towards 0.786 fib which correlates perfectly to the $0.40 psychological...

benjamintrades

Still waiting for the daily close above the upper channel's descending trend line/flag. We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib. Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by...

benjamintrades

Still waiting for the daily close above the upper channel's descending trend line/flag. We touched the trend line drawn from back in Jan 2021 and respected it beautifully with a wick back up. This level was also around the 0.618 fib. Short term targets once broken for leveraged positions will be as indicated by the two wicks TP1 1.974 & TP2 2.22 as indicated by...

benjamintrades

Break this wedge to the upside & we have lift off

benjamintrades

waiting for close & this takes off

benjamintrades

Missed the break, looking to catch the retest!