cheliosTD

cheliosTD

SUSHI long position added in the dip yesterday at 5.38 leveraged long. This looks a great area to add SUSHI for a long term hold. Wonderland.fi project is looking to acquire SUSHI which will bring huge volume of trading to the company. Technically - SUSHI has fallen to solid resistance and buys below 5.5 offer a good R:R. This chart abides by 2 of my main long...

cheliosTD

BTC has remained in a downtrend since I first published the short ideal on Dec 6. I am still short BTC waiting on it to retrace into the green box area and test its upward sloping support on the long term. Because of this I'm cautious entering any long positions as BTC will drag the market down. I'll be doing further shorts on alt's after BTC does a few more bull...

cheliosTD

Watching LTO to see if it will hold trending support line. If it doesn't I expect it to fall back some more and would be a good short entry before entering long when it reaches lower trend line. A falling BTC will effect this.

cheliosTD

Broke uptrend to the downside. Falling BTC has me bearish on this too. Has pumped recently but failed to break new high. Entered short at 89.6, PT 80-79

cheliosTD

Exited short position on MATIC at 2.12 having entered at 2.28 Because it touched the .618 fibonacci and bounced perfectly, this shows strength. It then broken out of the down trend, but failed to hold that. It fell back and broke out again which is where I exited shortly after. BTC dominance is still looking poor. I like the MATIC long entry at the .618 fib....

cheliosTD

Broken trend line, exit long positions that aren't staked and holding short now till around the $2 mark. Volume had dried up to support the new highs. Long term I am bullish on MATIC, I just feel with BTC weakness this will suffer. Entered short at 2.22, PT1 $2. Will hold for longer if BTC keeps falling.

cheliosTD

OHM is a project I've been waiting to enter for a while but currently doesn't show a good risk to reward. It is following its downtrend and I'm not willing to catch a falling knife. I think it's going to be a bumpy downtrend with some opportunities to catch some profit. However, as the trading mantra says, trade with the trend. It would be irresponsible to enter...

cheliosTD

If BTC rejects this sloping uptrend then I will exit major positions and go short as this is a 2nd chance to exit. I'm not confident in the overall BTC market after the recent pump up to ATH, it is due a major retrace to stabilise. This is not the time to enter long positions for good Risk to reward. In being sensible I am waiting to see how BTC reacts this...

cheliosTD

Watching for buy entries at 0.5 and 0.618 fib, so $78 and $62 for a nice R;R. AVAX has had huge volume recently and is a solid project. Good entries can be had patiently waiting for this to fall back and settle.

cheliosTD

BTC has broken it uptrend support which has signalled a lot of traders to exit. This in turn has caused a leveraged long squeeze liquidaiton event which is why the candle wick is so long. I'm not entering long on anything yet because BTC is in an obvious downtrend and you are catching a falling knife. Previous history tells us a lot on this chart and many...

cheliosTD

LOT has recently had some good volume and price action leading to a great spike and retracement. It has fallen back to the .618 fibonacci level which is a common level to hold and start a long position at. I am bullish on this crypto because of the use cases, recent volume and good price action leading to this area. Alongside this the greater market has BTC...

cheliosTD

SAND has peaked at it's long term 4.236 Fib and hit hard resistance. Shorted once from the 3 to 2 area. Right shoulder forming on the 1 and 4 hourly. Tight stops on anything short. Volume is reducing, giving less ability to break out for ATH. This could coincide with a retracement in BTC in the next 24-48 hours. Would look at TP at 2.75, long term short would be...

cheliosTD

Lots of overlapping fibonaccis on the extnesion. Waited for a double top test to enter for a quick short. Entered at 3.2 Exit planned 2.8 or better. Stop 3.58 Waiting for confirmation of a support to enter long, following META hype.

cheliosTD

Waiting on confirmation of breakout or breakdown at resistance for entry long or short. This is a range trending crypto. Patience for best entry for R:R and only after confirmation of direction. Entry long would be PT at 1.618 FIB Entry Short would be PT at 11.6 snf 11.2 Fibs.

cheliosTD

ANKR short idea Entered short after it failed to break high again at 0.163. Lots of common fib levels being respected, waiting for a retracement to the .5 and .618 fib. Will wait for it to over react dump down, then try and catch the bounce up.

cheliosTD

SHIB's market cap has exploded and is a non-use case meme coin. Huge gains have been made and it is expected for a retracement. Leading into weekend is lower volume, I expect a steady decline. ATH in ETH and bullish market segment will lead traders to take profits and put money elsewhere. I expect a slow and gradual bleed down that may take a few weeks. With...

cheliosTD

BTC tends to follow fibonacci extension and retracement, plus elliot wave well. Based on previous trends, BTC retraces each major move up to the .5 fibonacci level. So it falls back 50% of it's major move up to 'consolidate' before moving upwards again. BTC is now retracing to the .5 fibonacci level, to an estimated $54-56k area. This would complete the Elliot...

cheliosTD

RSI resetting, oversold with new lows and increased selling pressure showing selling is running out of steam. MACD still provides some downside but is nicely resetting and from previous moves will run quickly. Strong support and resistance levels at 7 and 8 are noted. A solid PT of $8 with possibly upside to $8.5 and beyond. If the current hot sector continues...