ajmd_trades

ajmd_trades

Not fully formed yet so mostly just an idea I'm playing with. I am expecting a BTC breakout of its ascending triangle which would pull ETHUSD up with it. From there I would expect a double-top on ETHUSD, maybe causing the break down of a rising wedge to happen

ajmd_trades

Keeping this here for personal records, bullish as long as BTC stays inside the triangle. Breakout target = 5800

ajmd_trades Updated 

Expecting a small retrace from this rising channel breaking down short term, placing my buy orders on the supports here

ajmd_trades

Yolo

ajmd_trades

The rising wedge is still holding, even with yesterday's drop. It's at some tough resistance, let's see if it has the strength to pass through. Not being able to push through this resistance means it could break the rising wedge over the next few days.

ajmd_trades Updated 

A falling wedge?

ajmd_trades

Bitcoin tends to do this thing where it runs above rising wedges and then when it falls back inside the wedge drops it like it's hot. GTFO of longs if you see this happen.

ajmd_trades

Doesnt seem to me like there's much power pushing it, will flip bias if we get some real volume pushing above the range high or bitcoin breaks 4k again. Could be wrong

ajmd_trades

based on what BCH did a month or two after Coinbase listing.

ajmd_trades

Something fishy going on?

ajmd_trades Updated 

Gimme that hot coffee Litecoin! Go go go go

ajmd_trades Updated 

Lots of Binance alts pumping, seeing a similar pattern here on ELF, lets see.

ajmd_trades

Just sharing my thoughts on a couple possible scenarios I will be considering

ajmd_trades

i want to swing from the chandelier

ajmd_trades

do your worst

ajmd_trades

Fractal pattern, targeting order block roughly 3765. Bull divs everywhere say this is likely to go up

ajmd_trades

Just speculating. Things line up pretty clear, coincidentally. Check those dates, too.

ajmd_trades

What's wrong with TA on open interest? BTCUSDSHORTS is showing a rising wedge, which signifies a likely breakdown, along with the TD9 Sell on the 12hr I'd say shorting now is a risky bet.