for short. rejection of the H3. target L3 and/or beyond. stoploss H4 for long. break of H4. entry on retest and close over on hourly. target H5 and H6. stoploss H3 Camarilla pivot points. daily levels
short if loses H3. target L3 and weekly pivot and weekly L3. stop loss H4. good risk reward. Long if breaks And retests H4 with stop loss on H3. hourly retest is ok. targets H5 and H6 using camarilla pivots on daily and weekly with the cpr. central pivot range levels
entrly on this retest of L4. targets L4 L5 weekly pivot and weekly L3. stop loss L3. tight stop good risk reward ratio
just saying high possibility that purple line gets struck. camarilla pivots eith cpr. daily levels. untested pivots usually get hit
entry on H3 rejection or loss. stop at H4 camarilla pivot points daily levels
As mentioned in the last post bitcoin would with high probabilities test this monthly pivot. Now that we have and are approaching both weekly and monthly L3... those can be considered potential bounce or long entries. Using level 4 as stop loss. Camarilla pivots weekly and monthly levels with CPR
Camarilla monthly pivot levels + trendline. Daily close above L3 I would expect Green path to play out on lower timeframes. Close under and I would expect retest of L4 and red path
I also recently posted a more hopeful point of view on the weekly chart. This one is worst case scenario. If btc breaks the L4 monthly it is possible to reach the monthly L5. for that setup would like to see a daily retest on the L4 with a stop at the L3.
on the monthly camarilla pivots btc has a chance as long as L4 is not violated. Also there is hidden weekly bull divergence Potentially in line with rsi creating a higher low if that happens. For it to be meaningful would want to see L3 reclaimed. and L4 unviolated
It is a "potential" reversal point. So keep an eye on it. the monthly L3 with a stop loss maybe halfway between the L3 and L4. daily is oversold. Fear is high. I am not sure how many shorts are stacked but the market has gotten pretty bearish. So keep an eye on this level Also I notice the cpr (purple lines) are quite wide which indicates ranging behavior. It has...
Want to draw your attention to the purple line. the cpr or central pivot zone. notice how price reverts either direct to strike these levels reguardless if price continues or reverses. This same thing happens on daily cprs, weekly, and monthy cpr with over a 90% rate of occurance. This chart is projecting the future weekly levels. it is possible that the...
Stop loss at L4. Entry on L3. Target H3. Extra targets for longer positional trade if successful are labelled on the chart
With a tight stop loss on the weekly L4 it is possibly link maybe have some mean reversion upward based on a combination of camarilla weeky and monthly pivot points levels. Would want to see it maintain and have a reaction from the L3 levels. also oscillation is low. A tight stop is potentially a good setup for this historically bullish asset
Daily chart. with monthly cam pivots. So long as it can bounce off of or hold above the monthly L3. It might be a good entry position after some long consolidation. It is worth noting that the weekly stop loss level for those wanting a stop loss (aka level L4) is around 4.28. For those who want to run a tighter risk reward trade Also a wide cpr and untested...
As along as it stays in the regression channel and above that monthly H3. LTC looks like it could be in a healthy good consolidation for future upward movement. It also has a wide cpr and untested monthly pivot / cpr. the wide purpe levels indicate ranging behavior and an untested pivot shows likely reversion the mean. these are monthly camarilla pivot levels
upon the weekly close we may see at least a couple thousand drop to test new weekly pivot as we normally get the test. is might come from around these levels or wherever that developing h3 pivot comes in upon the closure
entry l3. stop l4. target h3 and above. using camarilla pivots daily levels
enter for long on l3. stop on l4 target h3 to h6 enter for short on breat and retest of l4. stop on l3 target l5 and l6 camarilla pivots trade setups