Binance's Long/Short all acounts ratio is back above 3.3, which we haven't seen since the last time we hit 56k. At that that time market reacted to the dip and that low is still holding. With all the fud around Mt. Gox and German govt. selling, some traders believe macro structure is at risk - which I'm not invalidating - but imo best odds are on longs, at least...
Loading my spot bags with some more ASI (former FET). Will buy more at 0.746 if we get there. The alliance is cooking and AI narrative is here to stay. All the merger fud is wearing off and I'm betting on ASI to be the main AI token for this bull.
Got my eyes on a CRYPTOCAP:ADA long the moment that potential momentum reversal (yellow box) came up and pulled the trigger. OI build up and CVD looking bullish, I can see previous highs being broken easily and explode to 0.29 ish. Breaks and holds grey box and I'll aim higher. Invalidation if it prints a lower high
My plan for CRYPTOCAP:BTC is simple for the next few days: - wait for blue box to be next accumulation zone (some OI grind + spot bids) - target 32.8k if blue (future) s/d zone holds, if spot etfs approval comes and rips it through will be looking for higher targets (35.5k and up) - invalidation if we lose 26.7-27k and holds below or - full send it to t1 from here
Over the last year, BVOL shifts indicated a shift on BTC trends (note that increases of historical volatility led to big uptrends). Green arrows represent BVOL momentum reversals to the upside and red candles to the downside. Is this time different?
confirm that deviation and its game on OI pumped on a nice downtrend followed by a quick sweep of bears SL to squeeze all the bulls out. Same thing (possibly) about to happen opposite direction
This is for my own journaling purposes. If you want to learn more about this strategy or contribute to it, d.m. me or comment below. Live testing a hedging 5min BYBIT:BTCUSDT.P strategy based on a model I've been developing. - Model still needs a few more months of data and potentially some parameters adjusted. - I will be sharing (daily if possible) new...
In the cryptocurrency world where speculation is king, technical analysis most of the time is our best friend. Here is a simple scenario where XVGBTC touched the 61.80% retracement level, possibly a big resistance. A nice opportunity to enter, aiming to the 161.80% extension level. (You can set up stop loss a few points below 78.60% level - where I find...
Ichimoku Kinko Hyo: -Tenkan Sen just crossed Kijun Sen. -Kumo Cloud is still Bullish There are just 2 conditions left to see BTCUSD moving upwards (to a new ATH?): Chikou above the price 26 periods ago and the current price breaking up the cloud. Wait for all these conditions to be met and we have a high probability of BTCUSD recovering from this correction.
GBP NZD 1H. Looking for a breakout of the 1.7249 support (61.8% fibs) Target - 1.7143 - 3:1 ratio