Short-term short Looking for 2:1 RR Price should consolidate to the Light Blue SMMA and find support on the daily equilibrium Triangle that has formed. We are in breakout mode from here so we either see bullish continuation or this is a huge bull trap fakeout. Keeping stops tight 4hr RSI is super overbought so bullish entry above 9000 only likely after RSI cools a bit
Beautiful CH formation on BTC for the Big THREE. ETH and LTC are both setting Higher Highs in anticipation for the stampede
BTC along with ETH and LTC will allow for great 2:1 RR short term. Trading 5x margin. Will either break up toward weekly resistance pivot or consolidate down toward 6600 long term equilibrium triangle formation ETH is super antsy to make ATHs but BTC and LTC are holding it down. it's consistently making HH patterns instead
The triangle is the strongest shape of all. Lets see how strong it hold this consolidation watching for the breakout. Long on Break of triangle
very yummy triangle on LTC 60 mins,love using that godmode for 15 entrie by stops at 260
Rough WW. Short Term. Overall buillish. This seems accumulatory.
Expecting it to jump the creek to confirm breakout to distribution. Expecting it to respect the 61.8 fib as support to coming mark up. Watch for low volume sell offs as mark up occurs. Break of 78 fib support to the downside invalidates and confirms bearish continuation. My follow up posts to update this analysis will include fundamental cause and effect to the mark up
I can see confluence. Short then enter long @ point 5 wolfe wave for bullish impulse back to orange tendency lin e Pitchfork, BB, wolfe wave, ema, harmonic, ichimoku mad confluence COINBASE:ETHBTC
Looking for Session Volume and EUR strength in EUR crosses as confluence
Posible short term sell dip off 78.6 Watch for rejection bounce down from higher tf downtrend. could be temporary sell program institutionally, Target still 120
Bearish Crab Forming Falling knives? This is just practice