KayKayKay2021

KayKayKay2021

With Asia waiting to reverse its last pump (London and New York Session literally just held the pump) in a Rally-Base-Drop format, I see this play out after a 4hr trend retest from below. For confluence, BTC continues to stay below a strong resistance at 17k region, and looks overbought on 4hr.

KayKayKay2021

OP price action has played within a descending channel for 115 days now. Twice has it tried to break out of it to the upside, with failure as sellers promptly send price crashing to the floor of the channel the 1st time, and an adjacent support trendline the second time. However, there have been 2 wicked breakouts to the downside, suggesting a demand liquidity...

KayKayKay2021

With DXY hitting resistance and Crypto MCap resting on support, it's created room for alts to breathe a bit, and that is the rationale for this trade bias. Target entry, is 4hr support from this 12hr bounce printed today. Final target is 12hr resistance.

KayKayKay2021 Updated 

A breakdown of BTC to scoop liquidity in the 18400s, and possibly fill the wick it left behind from the CPI frenzy last week, could see Lina plunging to do a RTO on 12hr. If that happens, I expect a couple of supply zones on 4hr and 6hr to get mitigated as we run into the American midterms. Even likely, a double tom scenario at 0.0096.

KayKayKay2021

The Massive rejection yesterday on Balancer, suggests bear pressure on the price as it tapped two significant supply zones in quick succession. Hitting 7.46 region was testament that price can still reach June price range, but I'll take that as inducement for the time being until the demand zone below is swept for liquidity. The wick from October's CPI...

KayKayKay2021

If there was a race amongst the alts for who fills their October CPI dip wicks from last week, KSM could easily lay claim to the finish banner easily. I expect a total mitigation of that wick, where a 6hr support and a demand zone is nestled, and a hopeful burst of energy towards June 2022's high around $89. I expect this to be a swing that would surely have its...

KayKayKay2021

Intention is to snipe the 6hr resistance in the middle of a FVG, and target the length of the source candle in the demand zone below, where I expect a reaction/reversal to the upside.

KayKayKay2021

I am considering this long term BNX play, based on the hypothesis that CPI data tomorrow, will influence price volatility and a visit to 18100 - 17800 lows. With that happening, I expect 12hr fair value gap below to get filled, for a ride much further than range high. This is a swing trade, and the move is not expected to happen in one fell swoop, as it would...

KayKayKay2021

Source candle/local top within supply zone to induce reversal.

KayKayKay2021

PA has been moving within a 12hr since Futures Perp for INJ was launched by Binance in August whose PA chart I am banking on for this analysis. The opening day's trading in August immediately left supply liquidity which although induced already, has still not been mitigated still, and it looks juicy for me. There has not been any major news coming from the team...