solomonroskin

solomonroskin

This is a concept coined I believe by ICT and the first time I heard about it was from RektProof at twitter. Basically this is when you have a consolidation range, where people have their stops above and below, we then witness a manipulation like in the chart above, and then we may see a significant rally after absorbing all of the liquidity sitting below the...

solomonroskin

First things first, monthly chart looks very bullish. Very obvious higher highs and high lows, market structure break leaving monthly demand zones. Using the fib trend tool, we can guess at AlGOs next target which would be 3.3057 which is our 1.618 fib target. Judging by the current swings in the market, if there is some sort of major correction, I'd expect price...

solomonroskin

Look at the ETH and BTC charts for some confirmations, I believe LINK will break out of this resistance zone. If you go back and look at the charts, they are very similar in price action, the only difference being that ETH and BTC have broken out of their resistances and even climbed up to new ATHs. LINK has not at the moment. Has LINK been left behind due to all...

solomonroskin

Current PA looks to me like a Wyckoff accumulation schematic that we've seen on BTC and many other coins. We can also observe a cup and handle chart pattern Price is currently at a daily supply zone and has been attacking it for the past two days already. 'X' marks equal lows where we know some stops might be sitting that can be used for liquidity. Hoping for...

solomonroskin

Technically speaking and in personally speaking, I think it's to late to join the part unless you find some lower time frame entry and scalp, but if we do get a retracement then two possible lines of support could be at 2.3358 and the further one out would be 1.6583. 1st TP has already been hit. 2nd TP at around 2.0279. I don't usually support and resistance...

solomonroskin

Memecoin, shitcoin, whatever your view on smaller coins may be, people like them and you can use them to make profit if you stay level headed. So just like the title says, price broke out of it's bullish flag and you can see the targets on the screen. 1st TP is the base of the flag at about: 0.00004312 2nd TP is the pole of the flag at about: 0.00005508 And if...

solomonroskin

Harmony One broke out of it's bullish flag. 1st conservative TP would be the base of the pattern at about: 0.29321 2nd higher RR TP would be the pole of the pattern at about:0.33663 I actually caught the very bottom before ONE continued upwards at 0.23744 but forgot to cancel my TP so I ended up taking it at 0.25559 haha. Still, I wont cry over profits but if we...

solomonroskin

After a lot of excitement all around the interwebs seeing BTC close to it's ATH, we still haven't broken through the daily supply zone but we're very close. What can we see? -Bullish market structure -Multiple demand zone formed one after another -Huge cup and handle chart pattern ( I did not draw it out but it's easy to see so I hope you see what I see. If not I...

solomonroskin

This is a very good sign for continuation and I'm currently expecting Harmony One to attack the high of this chart pattern where I put my label on. The green zone you can see below the breakout is a fresh demand zone where I would look to buy in case ONE tests it and then rallies higher. Unfortunately I missed an entry on the imbalance zone marked as a white zone...

solomonroskin

On weekly/daily chart we can see a rising triangle formation, reverse head and shoulders on the daily, break and re-test of 50MA, multiple demand and imbalane zones formed. We're still in the daily supply zone so we need to see ETH cut through this zone if we want to go long. If we some rejection then we have multiple zones below where we can look for going long.

solomonroskin

We are currently sitting at the last daily supply zone before breaking out making a new ATH. It's difficult for me to say if ETH will break out right at this zone, although there are many bullish signs easily visible like: our trend line break, huge head and shoulders pattern, multiple demand zones forms, large green momentum candles. We might see ETH drops a...

solomonroskin

If daily resistance at 0.12311 is broken, we will be able to mark out a new daily demand zone in case price retraces, allowing to enter a long trade. You can also notice I marked out a daily suppply zone turned support. This area corresponds with the imbalance around the same area. Price already tested that zone once and bounce, enter a second time, going a bit...

solomonroskin

BTC seems to have formed another bullish flag has in fact already broken out. Based on this, we might reached 63k. Are you bullish or bearish on BTC?

solomonroskin

ATM I don't believe AXS will be able to hold it's support level at 119.23usdt. Although our HTF bias on the daily is still bullish, on 4h and below we have retraced and now struggle to bounce from support. One successful bullish BOS did occur reaching 140.90usdt, but since then we've created a lower high and a lower low, breaking on LTF. That left large supply...

solomonroskin

For a continuation of the uptrend, I would like to see SHIB breaking the supply zone marked in red, for me to start looking for long entries, but if price breaks the demand zone marked in green, we might roll way down. We're up on the daily but LTF can roll and fool us without breaking any important support/resistance zone. Are you bullish or bearish?

solomonroskin

ADA tapped an important daily demand zone 3 times and this time around we've broken and downwards trend line leaving a hidden demand zone. Price tapped the newly created demand zone and created a new area of interest for us on the 1h. I'll be keeping my eye on that area in case price retraces.

solomonroskin

Trendline break + Positive RSI + Price above 50MA with enough space in between + Buying volume growing + No significant volume + A sequence of demand zones created below price + BTC is at a daily supply zone -

solomonroskin

BTC looking bullish but it looks like it has a lot of resistance above it. It's sitting on the 50 and 200 MAs so that's a good sign. Broke out with above average volume which shows strength. Now volume is very low but it's the weekend and maybe it's consolidating for another explosive move. If BTC drops lower, I'm planning on buying at the demand zone. If it...