TVKBTC is ready to bounce The orderbook is also bullish.
Bancor is ready to follow the trend. Entry points - near VWAP 0+1.
ILV is ready to pump to the upper boundary of the range: 46-48. Daily volumes + bullish convergence + trend signals + spring of 37.7 + H&S pattern on 4h
FILUSDT has the range between 2.7 and 3.2. ATL at 2.59 was broken and 2.34 was printed in December. I am waiting for the test of 2.7-2.8 and then touch of trendline 3.8-4.1. 4H: Predict calls to sell + RSI overbought.
Gradient on Volume Profile on $HOOKUSDT may lead to the bounce and test upper volume balance ranges. SL under 1.36
$MATICUSDT looks interesting on 3M. If it closes year under 0.7781 this likely leads to test of 0.56 during the next 3 months
There is a liquidity zone under 16670 and BTC is a bit overbought on daily frame. After BTC rejected from the upper volume balance boundary and Ichimoku daily cloud it returned to the middleline of the descending channel. We also have an RSI symmetry that can throw the price a bit. I look at 16100-16500 zone to close shorts and go long then to the 18500-18700 retest.
There is a fibo descending channel that can act as a dynamic support while BTC is crawling down. If week closes above 17080 BTC can try to retest 18600. In other cases there is a high chance of retesting 15700, 15100 and eventully 13880. Montly candle looks scary and suggests touching 12000. Nevertheless there is a chance to bounce from the bottom of the channel...
Just another one view at BTCUSD long-term run. All you need to understand why I think so is to take a look at the chart and think that this market is a business. No one is going to kill the golden goose. Wait, go through the depression, wait a bit more and take a ride while the market will go as it should go.
Green - support Red - resistance Blue - trigger price
Zone 6770-6920 looks like a good opportunity to short with minimal stop at 6970.
Possible scenarios 1. Head&Shoulders: 5400 - 4700 - 4400 2. Straight down to 4700 and flat between 4700-4900 3. Elliot expanding triangle 4950 - 5700 - 5400 - 5800
Have a nice bullish rally, buy long squeezes, close before the resistance. Going to 1600 - 1700, stop under 1300.
Bitmex LTCM19 short 0.0153 - 0.0159 beyond strong resistance and significant volume sold at the previous peak. S/L: 0.0163 - 0.0165 depends on the behaviour. T/P: 0.0141 - 0.0136 - 0.0128
Something like that gonna happen