theGOATofCrypto

theGOATofCrypto

UPDATE ON THE PREVIOUS POST: Nothing to special about this one, but we are getting closer to the first possible bounce area! (Check the previous post for more information + detailed analysis) Oli

theGOATofCrypto

Currently looking at these 2 scenario's for $BTC. 1) Either we hold this Range we formed on the 1hr timeframe and continue higher 2) Or we fail to hold it and go down to the area with the 1hr Demand zone as the first resistance, or go deeper towards the nVPOC. I will add the Daily timeframe as well, because I've spotted a nice Range there as well. In case we...

theGOATofCrypto

Little analysis for you guys: Currently I'm looking at these 2 levels for $BTC to open a long: We take out the open liquidity + good reaction on it. (@38k) We go deeper, towards the 0.618 fib of the recent upmove + collides with the previous low. (@36.5k) At the upside, I'm looking at these 2 levels to take profits: The obvious level (grey box)...

theGOATofCrypto

👉 On first glance, you can see that we are still in a clear downtrend. (Lower Highs + Lower Lows). For me to become bullish on this, I want this structure to be broken, ideally with a Higher Low, followed by a Higher High. 👉 We have been following 2 main diagonal trendlines: 1️⃣ the upper trendline has acted as a resistance for 3 times now. Breaking this and...

theGOATofCrypto Updated 

Let's take a look at $BTC on the 4hr chart. We have made an SFP (meaning we took out the liquidity on the top, but failed to close above it --> downside) and since then, we have been in a downtrend, with still no signs of reversal to come. I'm currently looking at 2 levels (first: the nVPOC of the previous accumulation phase + second: Open Liquidity zone) If we...

theGOATofCrypto Updated 

ETH/BTC ANALYSIS: (MADE ON 25/01/2022!) - Original photo linked below Let's start! 💻📱 First, let's take a look at the past months for $ETH in comparison to $BTC. 👉 After the heavy rise of $ETH in May, we formed a new Range consolidation. This range held for a few months, and was broken out of + retested --> indicating we reamined short term bullish. 👉 We...

theGOATofCrypto

Nothing to serious, just threw the bar pattern on top of this. I do want to point out all of the similarities and confluences. we will reject the Range High and fall back into the 0.5 fib of the range. We will try again to claim this level, fail first and then breach through it like a champ. Look at the double tap on the diagonal trendline The open...

theGOATofCrypto Updated 

SFP: swing failure pattern Swing failure Pattern is a common trading setup that is highly respected and repeated frequently. It is used to identify lack of buy/sell pressure when a trend is being broken. What’s in the name? 👉 When the markets are trending, they tend to make swings. These are associated with ABC patterns (see image above). 👉 In this...

theGOATofCrypto

EDUCATIONAL POST: (FVG - Fair value Gap) 📊📈 Let's take some time to explain a trading term I often use in my TA. 🤓 FVG - or Fair Value Gap (= inefficiency, void...) 👉 What they mean by that is an area of the chart where the price moved past in just 1 single candle, meaning the candle before + after haven't touched this area. 👉 This is how such a gap is...

theGOATofCrypto

Requested by @WealthHustler (Commented on one of my previous posts): Looking on a Weekly timeframe, we have bounced of the previous High (which was untested before) + bounced into the last SUPPLY zone. Currently rejecting it, but will have to wait for the weekly candleclosure. As long as we can stay between the 2 marked horizontal lines, things are neutral, but...

theGOATofCrypto

Posted this analysis yesterday and it played out perfectly. We took out the first Open Liquidity zone and bounced from it. Currently looking at the formed FVG (Fair Value Gap) + the reaction to it. Break above it --> bullish continuation. Reject it --> bearish continuation to the open liquidity zones. Will keep you guys updated. Oli (Make sure to like &...

theGOATofCrypto Updated 

This level is getting tested like crazy and it will break eventually. Break + retest --> entry LONG TP: Supply zone + nVPOC downtrend.

theGOATofCrypto

Chart speaks for itself. Nothing complicated. Broke above the trendline. Waiting for the retest to happen (+ ideally retest diagonal support line). TP's --> 1) nVPOC --> 2) SUPPLY zone Will keep you updated. Like & follow for more free content.

theGOATofCrypto

Let's discuss the SHORTTERM BEARISH trend on BINANCE:BTCUSDT : If we fail to hold the marked support level + do a bearish retest --> further downside. TP: Looking at the open liquidity levels. Keeping it simple and clean. Like & follow for more Technical Analysis.

theGOATofCrypto

Did a big pump today, so looking to take profits on this one. We ran into resistance and have rejected it. Looking at the DEMAND zone to rebuy.

theGOATofCrypto

Currently looking at something like this for $BTC. We have tried to break the VPOC twice before and are now accumulation below it —> building up momentum to break it.