ETH just joined the M50 daily which caused a legitimate rejection. In the meantime, ATOM joined the 32ish level which also caused rejection, legitimate one as well. Now, we want to see a slow retrace to the 29,5-30 level where bulls will need to show up strong to pursue the HTF uptrending H4 is the key TF, imho I will be waiting ATOM at this 29,5 level, with...
I see the last standing bears having a hard time not fomoing in at the 3300 reclaim which COULD trigger a nice juicy short squeeze ! Let's see how this plays out, but I could be over exposing myself if sign of squeeze appear at this level
ETH is currently on a H4/Daily clear downtrend after losing MA/EMA 200 Daily. However, the 2200 area is a huge support. I want to see a clean reaction from 2150-2200 area before going long.
My current view of the BTC.D impact on the alts : - if break out from here : alts will not do well - if rejection from here : alts will thrieve - if breakdown from this range : this is the flippening everyone is speaking about Probabilitic approach: - 60% rejection - 35% break out - 5% breakdown So, I am long on a few selected alts (Eth, Atom, Egld & Sol,...
The mighty king BTC reclaimed EMA 200 & reached a key level. Now it started a legitimate retracement which, i believe, could led us to see the 41k$ : this is where I want to expose myself on longs to target YO 47k / 69k / 127k (long term) Let's see if it gives it to us !
Key level here to watch is 2,1 - if we see a reaction on short time frame (H1 minimum), it is a nice spot to go long to target 2,6 / 3,1 / 5,4 long term If 2,1 breaks, as it is a long term play, I will hold until 1,85 (last zone of resistance)
My 2 cents on one of the strongest coin. Risky scenario to bid on. Prob. approach : 70% to TP1 / 30-40% to TP2
Just a quick view of what gave the MA/EMA 200 resistance on the BTC.D the last 2 times Major alt coins are on a weekly/monthly support levels Are we going to see the start of an alt rally during February ? If so, I will be extremely cautious with my take profits levels with 40/50% at TP1 just ideas here, crypto ideas
Just hours before the FED speaks, $ATOM is navigating on the lower side of its previous range. After a retest of the low confluence zone, short has been activated after the H4 break down. Now, 2 options: 1. FED is priced in -> lookout for a break up H4 to cut short position and wait on the sideline 2. FED is not priced in (aka bad news) -> acceleration of the...
a quick try on H1 BTC long, before the "short box" at 40kish (H4)
Post FED announcement, we have a confirmed lower high, with a H4 break down Short is activated