BTC1! filled gap at 39,225 last week on January 23rd that had been unfilled since start of December As long as can continue closing above Mid of the whole move (42k) I believe it makes its way back up to the .618
Orderblock analysis: Prior swing low taken on January 3rd dump to .076. Last down candle before the move up a few days thereafter, which is where orderblock is. It is where market orders selling were absorbed by passive bid. Entity with enough size to move market absorbed all the sell pressure, thereby creating orderblock. Market structure breaking move to the...
Now that we have reclaimed .08 after deviating below .08 support what if we simply sned higher from here?
Now that we have reclaimed 86/87 after deviating below 86/87 support what if we simply sned higher from here?
Looks like it's going to make its way back to the 99 level that has been quite reactionary over last few years...
One too many talking about hypothetical1xx NASDAQ:TSLA prices I am seller of March put premium here at fill of yesterday's close Using part of proceeds from put sale to buy March 230 calls, confluent with D1200EMA March 230 calls now trading around 7.77 (lucky) If we revisit MID of the whole move (258) before then we'll realise at minimum the $28 of...
All cryptographic formulations of money *except* BTC: I shared an idea recently in which I suggested January (and perhaps some of February) could be spent deviating beneath first quarter retracement. This idea came from the fact that in the last cycle there was a 9 week deviation beneath the first quarter before TOTAL2 reclaimed first quarter and then sent...
5 weeks of consolidation since birthday swing high Successful D1 200 EMA retest D1 200 EMA support confluence with mid of cyclical low and birthday swing high Parabolic SAR seems to suggest violent thrust up to .0888 could happen at any moment, after which it will be well positioned to run birthday swing high, which is next step in greater mission targetting...
Believe this is COIN bottom here around first quarter Sold puts for March atm and buying otm calls with proceeds
15% off ETF highs Seemingly most convinced prices less than 40k are coming... I'm unironically thinking "MID" of the whole move might be low, even if only to chop from MID to 618 and back till halving...
As we near the January 10 BTC ETF deadline, it appears BTC is once again picking up momentum after having been confined to range from 40-45k since early December. Whichever way this breaks, I wouldn't fade. 618 of the whole move first level for longs to overcome. CME has its final two gaps en route to all-time high at 51k and 53k respectively thereafter. Third...
As long as we continue to close above first quarter retracement of highs, there's no reason to be bearish. Lots of confluence above around yearly open, which is going to be next major objective for bulls to overcome. Also, a reminder that your favorite influencers are often, perhaps unintentionally, misleading.
I can see Jan being a cool down/ final accumulatory month where market catches its breath after last 3 months of marking up and prepares for what's next, but to think that there will be meaningful move to downside (having already decreased 20+% on many alts) is wrong imo If you subscribe to the notion that market topped April 2021, we've had exact same amount of...
After filling all gaps below through bottom of current range, and finding support at the lower h4 Bollinger Band, it looks like COIN is ready to resume uptrend. The current range has range low ~130 and range high ~180, which implies mid ~155. If can maintain itself above mid (155), I anticipate price to continue higher back to 180 range high. God bless John Bollinger!
In hindsight, that break below 46140 at 15:00 UTC January 2nd was the textbook Wyckoffian crack of the ice pre-distribution. Now that we're here, it's important to note that this dip filled gap at last Friday's close, deviated below and reclaimed mid of whole move in testing it as support, which makes me think the distribution is done for now. So long as can...
I think you can get away with this for 8R DOGE: Buy deviation beneath .092 to h4200ema support now, sit on hands through flip of .092 and ensuing full sned into .115
SOL is ready for next leg higher imo. 102 is the mid of our first quarter and mid of the whole move. Above 102 I believe it's likely to then run range highs up to 133 (mid), taking out Dec swing high. Something like 133 by Jan 7 seems reasonable to me.
Price holding comfortably above h4200ema having swept it a couple times in the last day. If we look back to 2020 markup, we can see that there were multiple retests of the h4200ema. Very similar to the current price action, after breaking above what was the 2020 range highs, price marched upward for 5-7 weeks before retesting h4200ema as support twice. In 2023,...