Higher high, RSI convergence, trend breaking higher lows, MA's cut bearish. What more is there to say?
Price was lookin awfully seductive. just couldn't resist her. So beautiful. Higher high on 4Hr confluence with Lower High from daily (top line). Lines as price descends are where there can be possible reversals in price. My real target is 1.72200, but I set target wider incase price just shits itself. Keep an eye as price encounters counter trendline, could fuck...
Price got me feelin some type of way. Sexy lookin price, just had to take advantage of this lil liquidity opportunity so i can continue to accrue more coins. Target is 1.1X the entry price, so i can close 90% at break even and then diamond hands with the last 10% on each trade that i take, building 10% equity stake and allowing for further accumulation from future...
Price created 2 failed drives to the low and 2 bullish engulfings, creating a strong higher low. premium entry at retest of open of first bullish engulfing, conservative on close of 2nd engulfing. stop below 3rd lowest low, take at next resistance.
Reference for future trades. Price printed one bearish engulfing below 142.00 and followed up with 2 failed drives to the high. Aggressive entry with only 3 reference points, but this is usually the fake close above the resistance followed by the dump since there's no more momentum in the bull move (Lower high). take at next reasonable support
Price printed three failures to break lower, with indication of support inside of 141.75. Three failures are traceable to corresponding ray. Aggressive entry on 3rd failure to break lower. only hold if momentum confirms move. Otherwise, exit for potential shorts from 142.00
Price is currently positioned above a strong demand region following a failure to break below the structural low. On the 3 Hour tf, there is a bullish doji rejecting this level, and if price progresses > 50% below the open into the wick, the trade is invalidated. High momentum= big moves.
3 failed drives to the low reflected by strong bullish engulfing from 141.5, a failed lower low, and two bullish engulfing closes failing to close below the open. SL below last drive into the low, with take at next resistance.
Strong set of bearish engulfings on 3 HR tf reflected further bear momentum overall, following the close at 8:30 am EST, recognized the high-likelihood of a retest & continuation following 3 failed drives to the high following a strong engulfing rejection from 142.65. Position should've been moved into b/e after 2 closes 1.5% into move to ensure capital...
Current 4Hr structure reflects bullish momentum, due to the higher high --> higher lower --> higher high structure. 142.50 is a key level, and the demand zone for this level extends into 142.25, thus price has potential to fall further into this zone. With daily engulfing outweighing the 4HR bearish engulfing, I will wait for 3-4 30 min closes above 142.55 before...
Current momentum from 4 hour indicates bullish bias after pulling off of daily/ 4 hour demand zone of 141.25. However, on the 1 hour chart it is easy to see price is already slowing down on its attempt to fill to 142.5 on this impulse from 141.25. Because of this, and because of the previous rejections from this level of 142.35, i will be looking for a bearish...
Check the zones. Clear break of structure. bearish doji rjecting 14 ema. If price breaks the low, will likely follow to fill exposed range. lets see how this rolls w a 1 cent lot, lmao.
Current momentum from four hour chart reflects bearish momentum from previous two closes, creating a supply zone inside of 140.25-140.35. Because of the momentum from the 4HR close below 140.25 (closed below 4 prior bullish opens) price will likely retrace from open to 140.25-140.30, and will look for a bullish engulfing rejection from 1HR from this zone around...
current 4 HR candle closed directly inside of daily supply zone of 140.25, (quarter-point price-level, established by prior two daily bearish engulfing candles), giving indication of htf likelihood of bearish momentum in move. Will enter short with two bearish rejections on the hourly chart from this level, or after one rejection alongside the 4HR printing a test...
current price action is lining up for a potential bearish move this session, with current levels being supply inside of 140.35, with a substantial demand zone inside of 140.525-140.600. Price still has the 4Hr wick to fill, due to the close being below the previous two lows. Expecting 15 min rejection from 140.5 prior to sell off, but would require hourly to...
Two successive bearish closes below the demand zone created around 138.8-139 brings bearish momentum (4-5 candles rejecting zone). The 5 am candle closed bearish with a large wick inside of these conditions, and anticipated a move to at least 138.00 following bearish close. got up to use the loo and missed the entire move. oh well, next time :/
current momentum is bearish based on 4 HR close, indicating high likelihood of wick fill to 135.8. Current hourly support of 136.00 will likely produce a final trend line tap prior to the sell off. Assuming 1HR holds demand zone of 136.25-136.35, price could fall to 135.5, with a break of 136.00
Price opened to gap downwards, indicating short-term bearish momentum in the market. The 9 Pm close will likely reflect this demand/ resistance being met around 137.00 - 137.20 by closing below this zone. Current structural supply is around 136.75, and depending on how bearish trend is respected, price could fall as low as 136.5