Pretty Amazing how well price bounces around the major yearly, monthly, and weekly closes on major pivot candles. Just trading off of these levels you can yield amazing results! This is my Clarity Chart, I go to this chart when my other chart has gotten too cluttered and I need a new perspective. Thank you.
Btc broke out of wedge but typically these patterns break out into channels, The upper boundary of this down trending channel is something to watch, Long now but keeping stop ready.
EOSBTC pair found support above an old level recently. EOSUSD near a monthly level LONG
Interesting alarm was activated today. It is when open interest drops more than ~15% is what i think I have it set to. In the past this has meant a moderate to severe drop in the SP500 or a major trend reversal as seen last XMAS. I think what it means is make sure you have a well defined stop loss or skim some winners off the top until we build a base up here...
Not a bad spot to take a long on BCH USD, reclaimed floor of 2017/2018. Good R/R I am long at $395.
HItting Down trending/consolidation trendline Hitting 4 hour breaker up top, creating a lower low on 5 minute chart Short it to breaker below
breaker rejection, lower low formed under breaker, short on fib retrace if their is one
ANOTHER BREAKER! 4 hour breaker this time, draw it out. If we see it reclaim breaker, AWESOME, then looking for high to form and formation of a higher high, then buying next pullback vice versa with rejection here and lower lows form for pullback
Breaker formed, lower low formed beneath breaker, fib retrace and short
on fib retrace, short lower low formed off breaker, weakness, short next pullback
BTCUSD breaker setup, Heavy volume breaker on 2H chart, zoom in on 15min again. Let's see if btc likes this same pattern it has been executing for the last few weeks. Bullish Bias, looking for BTC to reclaim this blue breaker zone once reclaimed, looking for a higher high to form after reclaimed once higher high formed, looking to enter at or below the blue...
XLMUSD touching down on 3 day bullish breaker level highlighted in blue, zoom in and look for strength -higher low (first confirmation) -higher high (second confirmation) -fib retrace after this for buy or at a bullish orderblock
Breaker setup on monthly levels, take this one to the moon
Swing failure to the downside, retest of high causing swing failure low = long. Also matches up with daily block. Here we go crypto Stop loss below bullish orderblock
Entered a long position here, EOS holding nicely on this level. Good risk:reward
Here is my analysis on btc using major monthly, weekly, daily levels Thanks! Enjoy
Swing failure pattern, 7k target Bitcoin came and touched very important weekly zone around 9k but did not close inside zone, instead wicked away on high volume. On second retest of this zone btc closed lower on the daily and 4 hour charts. Good shorting opportunity when we see this happen. As I write this bitcoin has broken below key 8k level with potential...