ProR35

ProR35

Last weeks high: $17425 Last weeks low: $16668.5 Midpoint: $17047 BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts. I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the...

ProR35

INJ in the shot term is looking to fill the orange imbalance/footprint areas. Using tight stops in case these areas fall through suddenly. like in footprint one where price has already reacted twice off of that level so should that support fail, footprint 2 should offer support and a short term bounce back up into footprint 1 area.

ProR35

AVAX is currently rangebound after potentially creating a double bottom reversal. Longs built from the red support zone would have targets of 13.5 and 14.6 respectively before major resistance The red support zone needs to hold and rally convincingly from if there is to be any hope in the short term for the bulls. Failure to hold that area then the double...

ProR35

BTC retesting downtrend resistance after an initial breakout. Since the confirmation of a top in bitcoin and a confirmation of a lower high and therefor downtrend, almost exactly a year later BTC broke out of the downtrend and rallied to 21.5k before a macro news event causing fear and mass selling back down to local lows of 17k. which also coincides with a...

ProR35

On the macro perspective, AVAX has broken out of the falling wedge and rallied quickly to the upside into a LTF ascending triangle. After breaking out of that and deviating above the 9 EMA in orange, this upper limit of the ascending triangle is being retested, should this level become support AVAX will look very bullish. However, If BTC breaks down at key...

ProR35

Diagonal resistance is being retested on the H4, should it hold BTC will look to rally towards 20k upper boundary of the range. Should it be rejected and fall back under the diagonal trend then 18k should be retested.

ProR35

MATIC forming a bearish flag in the 1D timeframe, RSI in the overbought zone looking to pull back. MATIC has been printing higher lows and higher highs, once price falls out the bottom of the flag this could trigger a significant retracement. Not financial advice Do your own research

ProR35

In the short term this bullish symmetrical triangle seems to be where BTC's price is currently moving within. A small long back up to the 19500 area before bouncing off the upper limit and continuing range bound price action. A bullish scenario would be breaking out of the triangle and continue up to 20k and print new higher highs and higher lows.

ProR35

AVAX looks to be following a bearish continuation pattern, having fallen out the bottom of the triangle. It's now retesting the previous support of the triangle base, if rejected a retest of recent lows are to be expected or even lower Do your own research not financial advice

ProR35

With a bearish flag forming on the 1D timeframe and RSI at ~95, it is looking likely that ETH may drop back towards $1420 and $1275 levels should price drop out of the bearish flag formation. Not financial advice

ProR35

BTC currently stuck below the 200 EMA and December '17's peak. RSI bearish crossover could suggest a revisit of the local bottom at ~$17k. Failure to hold that level and 14k is the next key level which coincides with the same drawdown as last bear market of ~80% over a full year of retracement. This kind of price action would suggest dropping much further down...

ProR35

CHR has been moving through the same range since mid may between the quadruple bottom at $0.15 all the way up to $0.285 separated into 4 quarters that can be traded between fairly reliably. NOT FINANCIAL ADVICE

ProR35

AVAX looks to be entering an inverse head and shoulders bullish reversal. invalidation of this pattern at ~$19.40, potential to the upside going into resistance at $22 and $23 respectively where some chop should be expected if this setup plays out. NOT FINANCIAL ADVICE

ProR35

Very important time for BTC as the bottom trendline is tested, failure to hold this area could lead to a retest of the 20k and 17k levels respectively resulting in a double bottom. On the other hand if the bullish trend holds then an expected lower higher could be the result of a short expansion to the upside, maybe the 23k area. Not financial advice

ProR35

Ethereum failed to continue bullish trend and broke down to find support at the $1720 area as per my last post, short term bullish on the reversal back up to the $1800 range setting in a new lower high and then continuing bearish trend lower. If bulls do not regain some control price could crab along the $1720 range and fall lower without recovering back to...

ProR35

Ethereum on the 4 hour timeframe in a make or break situation on the short term. If it holds the trend and can continue to rise past $2000 then hold price confidently, next step is $2150 at the top end of the range where it may encounter heavy resistance. RSI and MACD are in favour of a bullish move as they both suggest oversold on the H4. On the bearish side it...

ProR35

BTC breaking out of previous range set, as well as diagonal trend. Both previous resistance levels retested successfully and becomes new support. Next major resistance at 28-29k target level if LTF bullish sentiment continues. NFA & DYOR