Hello Traders and Analysts,
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Breakdown
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
See the previous idea here;
Monthly Imbalances
The three identified zones are in place to show where the major selling, buying positions are highly critical to imbalances, based upon the structure completing the pivot pattern and or Supply and demand scenarios.
Within these structures, by now - it is important to identify knowing where in these reactive zones, buying is highly probable based upon the previous structure showing a rejection and or whipsaw effect on the monthly candle sticks.
Zoom in to the weekly, daily on the previous structures to learn more where price has reacted and shown elements of the imbalance shifting from low probability scenarios to high probability.
Weekly Imbalances
Price had correctly rejected the 70.5% structure for a buying perspective which aligns with the in between of the selling targets of -0.27 and -0.618. The reason price didn't hit this zone as yet? The probability now looks low, but never exclude this as the price has previously fallen to $0.30-0.20 zone during the weekly and monthly imbalances.
Price works best by reacting to strong levels so never overlook.
Bullish weekly scenario - analysed April 26th
- this has been a huge success!
As mentioned above, the weekly imbalance held as the deciding factor with the market structures where the largest coins Bitcoin and Ethereum dominance accelerate the coins values to the upside along with the technical approach of buyers entering the market.
Four Day Imbalances
Price has placed a key weekly whipsaw effect from the initial formation of the price inefficiency.
II The consequence of this pair being the most liquid is testing the previous imbalance upon the motion of a risk scenario where price becomes a controlled shift of price inefficiency.
The monthly reference here shows four candles of interest whereby consecutive months have resulted in large wicks where price has created the imbalance required.
The four day technical approach will be to first achieve $1.90 where the previous imbalance had created a highly probable sellers reactive zone. To extend the buying positional holds, this area would need to allow price to close within the imbalance and maintain a consolidation phase, which is a fractal pattern within the reactive zone.
Daily
The imbalance is clear where price can and has a highly probable likelihood of buyers looking to extend buys. This zone has offered an opportunity with a clear buying imbalance - however, this reactive zone will revert in the future if price fails to clear $1.90, meaning this will be where sellers will most likely initiate profit taking.
Crypto correlation chart
TRX USD - orange - - 96% correlation
Dash USD - light blue - - 96%
Sushi USD - Green - Sushi swap - 93%
ETH USD - Purple - Ethereum - 81%
Using the weekly chart - the highest correlated pairs with XRP have the main interest in purple; ETH, in terms of the dominance of the market cap and volume.
The weekly correlation has seen all pairs to navigate smooth buying pressure towards the imbalances which lay waiting.
Where a correctional move can take place, will be back to imbalances highly likely to be filled on the weekly and monthly timeframe, refer to ETH chart and analysis for further information.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXI
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities.
Breakdown
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
Master Key for zones
Blue = Monthly
Purple = weekly
Red = 4 Days
Yellow = 16 Hours
Orange = Daily
Dark Green = 8 Hour
Grey = 4hour
Pink = 1 hour
See the previous idea here;
Monthly Imbalances
The three identified zones are in place to show where the major selling, buying positions are highly critical to imbalances, based upon the structure completing the pivot pattern and or Supply and demand scenarios.
Within these structures, by now - it is important to identify knowing where in these reactive zones, buying is highly probable based upon the previous structure showing a rejection and or whipsaw effect on the monthly candle sticks.
Zoom in to the weekly, daily on the previous structures to learn more where price has reacted and shown elements of the imbalance shifting from low probability scenarios to high probability.
Weekly Imbalances
Price had correctly rejected the 70.5% structure for a buying perspective which aligns with the in between of the selling targets of -0.27 and -0.618. The reason price didn't hit this zone as yet? The probability now looks low, but never exclude this as the price has previously fallen to $0.30-0.20 zone during the weekly and monthly imbalances.
Price works best by reacting to strong levels so never overlook.
Bullish weekly scenario - analysed April 26th
- this has been a huge success!
As mentioned above, the weekly imbalance held as the deciding factor with the market structures where the largest coins Bitcoin and Ethereum dominance accelerate the coins values to the upside along with the technical approach of buyers entering the market.
Four Day Imbalances
Price has placed a key weekly whipsaw effect from the initial formation of the price inefficiency.
II The consequence of this pair being the most liquid is testing the previous imbalance upon the motion of a risk scenario where price becomes a controlled shift of price inefficiency.
The monthly reference here shows four candles of interest whereby consecutive months have resulted in large wicks where price has created the imbalance required.
The four day technical approach will be to first achieve $1.90 where the previous imbalance had created a highly probable sellers reactive zone. To extend the buying positional holds, this area would need to allow price to close within the imbalance and maintain a consolidation phase, which is a fractal pattern within the reactive zone.
Daily
The imbalance is clear where price can and has a highly probable likelihood of buyers looking to extend buys. This zone has offered an opportunity with a clear buying imbalance - however, this reactive zone will revert in the future if price fails to clear $1.90, meaning this will be where sellers will most likely initiate profit taking.
Crypto correlation chart
TRX USD - orange - - 96% correlation
Dash USD - light blue - - 96%
Sushi USD - Green - Sushi swap - 93%
ETH USD - Purple - Ethereum - 81%
Using the weekly chart - the highest correlated pairs with XRP have the main interest in purple; ETH, in terms of the dominance of the market cap and volume.
The weekly correlation has seen all pairs to navigate smooth buying pressure towards the imbalances which lay waiting.
Where a correctional move can take place, will be back to imbalances highly likely to be filled on the weekly and monthly timeframe, refer to ETH chart and analysis for further information.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXI
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