ORIC ends the consolidation pattern with move up on volume. Expect big upside, the risk is increased, adjust your size accordingly. TP +90% SL-40%
Been buying back into Waves again within the golden pocket, after having DCAed out of my position during the recent significant pump. Price have now just broken out above the sym triangle as defined by the cyan dashed lines. Presently setting stop loss below the 65% line, just below the golden pocket. WIll revert to a trailing stop loss strategy if the price...
The story starts the 31st May 2021 with a M1 Force pushing the market down from 1900 to 1700. While the M1 force is on its way, it meets a W1 force the 29th Sep. 2021 at 1724 (Thick Demand Zone on D1). The energy of the W1 force should bring the price up to 1800. Then the energy fades because M1 weakens the W1 force by 4. TP is 1800 instead of 1900. From 1800,...
Reasons for entering on this market structure: - There is an ongoing D1 force on the way down, due to a D1 downtrend plotted in red. This force is supposed to go down for 135pips (2ATR on D1 from the red arrow). Because there is also an ongoing W1 force on the way up, this D1 force will be jeopardized, and will travel 1ATR distance only (current market level) -...
To interpret this situation, you need to get the concept of price action. Market is made of forces, sometimes that are directional, without any forces coming against. Also there are forces that oppose each other at some point in time. In this example, there is a D1 trendline plotted, which carries a D1 energy (D1 Trendline). While D1 force is on the way up, it...
There is a W1 Medium Force that is offering a chance for an entry. This entry is a D1 game opportunity. However there is a way to get in at the market structure level in order to convert the D1 SL into a H1/H2 SL. I am showing you that 'around' 1.1800, you need to get in a long position, and hold it till 1.1970. This offers a Reward Risk around 10:1.
Enjin Coin is in a parabola. Typical cyclical corrections will average around 30%. From the recent high above 2500 Sats, the current price of 1837 represents a massive BUY opportunity into this parabola. I expect somewhere around 4000 sats to be the next resistance
NOTE : i am new to these concepts so please correct me if i'm wrong or could have done it better. NIFTY 50 trendline is too steep maybe pullbacks towards less steeper trendline. at this time it's also at 45' degree angle resistance.
Pseudo inverse head in shoulder (re-accumulation like pattern). AUD has broken out above the top descending trendline. Buy signal already triggered. Significant move higher if price manages to break above the 38.2% Fib level and retests it and successfully holds. Measured move target to 0.084 SGD, which sets a higher high, establishing a longer-term...
BTC retested the white long-term trendline and confirmed support, which is a very bullish sign. Note that the daily TD-seq is approaching a 9 though. Expecting a short term (probably minor) reversal to retest the 10429 USD VPVR line. Green Ichicloud supporting "cushion" ascending higher and appears to be in the process of broadening. PRISM had registered a...
BNB had seen a pump after a short period of re-accumulation -- where the green w-like pattering is marked (bought earlier at breakout back over the red 21 EMA). Cyber Ensemble SELL signal has now been triggered. PRISM oscillators looking bearish in the short term as well -- overbought (red background), and with the AJ-Ribbon falling with widening gab between the...
Orange 200 SMA sloping negative. Thick bearish Ichicloud. Appears to be rejected by 10429 USD VPVR level. Bullish slant if red 21 EMA continues to hold it up. TD approaching a 9, another bearish sign (flipping between a green 9 and a red 1 during posting) . Continue to be supported above the white long-term trendline. Will be really bad for the bulls...
KUSAMA (KSM:BTC) broke back up above 200 SMA on the 30 mins after period of continued rejection.. Kusama was originally planned as a testnet for Polkadot, but from what I am hearing so far, it could become its own independent chain in its own right (at the same time as functioning as a test net for Polkadot too) -- where certain projects (that were not...
More downside to come for BTC in the short-term. Perhaps relative sideways. BTC remains below thick orange 200 SMA, and continue to be rejected by the green 50 SMA. 50/200 SMA deathcross registered not too long ago. Rejected by bearish Ichicloud that appears to still be thickening. For the bulls, will need to wait for: For price to first head back above...
Bullish w-like re-accumulation patterns.. PRISM Oscillators Analysis Stoch-of-pRSI in Oversold state atm Snap-Oscillator pierced into the positive and heading higher. AJ-ribbon (acceleration/jerk) heading up (in response to the positive Snap-osc), which in turn is pulling the momentum up.. Continuation from my previous analysis awhile back:
@ 78.6% Fib retracement (~0.000179 BTC) Green IchiCloud forming. Higher low set. Inverse head and shoulder formation emerging again (clearer on the 5min chart). Have the sell pressure ended? Buy on confirmation: When AMPL goes above green 50 SMA and holds. --- PRISM Oscillators Set (Momentum/Acceleration Analysis) pRSI STOCHS in an oversold...
Main Chart BTC need to close above this updated dotted yellow trendline to confirm a long. Long-term Resistance (solid white line) up just above ~10000 USD. Lossa bullish W-ing like accumulation patterns. PRISM Oscillator Set Stochs presently oversold (Green Background) Red pRSI (Main-Oscillator) resting back to the baseline. ...
BTC.D have fallen below the white dotted support line -- continue to get rejected by the red 21 EMA, and remaining under the green 50 SMA and orange 200 SMA. PRISM Oscillator signals (red background) Stochs oversold, with (lime/orange) acceleration/jerk (AJ) ribbon plunging into the negative with snap-oscillator (yellow/pink) getting rejected by the 0 line and...