The crypto market often takes us on a rollercoaster ride, and it's during moments of similarity that we can draw valuable lessons. The current situation in the crypto space is strikingly reminiscent of August 2023 when Bitcoin (BTC) traded within a range but only made local highs without attempting to revisit the lows. This eventually led to a local dump. Today's...
The analysis of higher time frame data suggests that the current market trend remains bearish. It is advisable to maintain this perspective. Upon examination, it is observed that the price has diverged from the two-hourly order book (OB), leaving behind a favorable volume gap (FVG) below it. This has resulted in the creation of internal liquidity that will need...
Dogecoin (DOGE) has long been a favorite of traders and meme enthusiasts, and it seems like there's more to this coin than meets the eye. Beneath the playful exterior lies a substantial amount of liquidity, which could be a key ingredient for a genuine pump. But when will it happen? Let's explore the potential scenarios for DOGE. 📈🚀 The Abundance of...
Shiba Inu (SHIB), a cryptocurrency known for its meme origins, has recently been showing intriguing patterns that remind traders of past market dynamics. In particular, it shares some similarities with FET in terms of liquidity sweeps and significant price pumps. Liquidity Sweeps: A Common Thread The concept of liquidity sweeps is vital in understanding SHIB's...
My bias originally was bullish looking over the weekly daily and hourly time frame, I saw what I thought was a sell opportunity from a Vol Imbalance daily time frame created on oct 19th. We opened under that this morning and I saw a great rejection off of it at the 8:09 candle lead me to believe we may have rejection there and sell. entered a sell at a 8:40...
Another March 2020 flash crash likely coming in 2023. Either Q2 or Q4, but I’m leaning towards Q2. The percentage decline from the dead cat wave #b high is posited to be much worse ~90% (at least if not hodling legacy protocol Bitcoin) versus ~62% in 2020. Note the meticulously diagrammed patterns. It’s as if the decline and rally of 2018 and 2019 as applied to...
in the XAUUSD Gold Structure is the Bullish because : in the 4H structure, after reaction to the DE Order Block, the structure in the 15min has changed. note: after reaction in the Order Block we can use this formula: 4H LPP = 15min CHOCH of course in the 15-minute chart, the structure changed from bearish to Bullish because the 15-minute CHOCH has been...
The structure in EURUSD is Bullish. Because we have 2 Bullish BOS, But the last High has no LPP then : or => market must build new LPP or => take the 15m LPP and react to Order Block we have another scenario : Because the distance between High and Low is large , we can use the following formula : LPP = mCHOCH this is just my idea and we can test it Be...
I have two areas marked up where I would want to see price react from two areas one above where the highest BSL is and another above price now there is a volume imbalance and below we have NWOG so this morning should be interesting. Watching price
I was not really looking to trade but I did act as if I was taking a live position. after buyside was taken I was sure we could see price go lower, instead it continued up and from what I'm looking at now we may tap into a volume imbalance as a target in longs but for now we wait and watch price and how it reacts tomorrow. below is my entry for Friday in...
Hello everyone, hope everyone had a happy halloween. Nov wed 1st and week of NFP i'm def going to wait till after 8:30 am open and also may skip trading all together now that see we have an FOMC red news high impact driver today. Right now i'm only going to watch price print and see what it gives as far as where its taking liqiudity and what direction it may...
Are we now headed for correction or continued growth? In the moments between the bottom and the halving, this period also often coincides with the accumulating phase, where CRYPTOCAP:BTC enters the oversold rsi, which is accompanied by a local peak or midcycle peak as in 2019. 💡From the point of view of RSI, our situation is more similar to the period before...
GBPUSD closed above another daily swing high, may likely targeting above 1.27000. N.B! - GBPUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #gbpusd #cable
Silver again got rejected on a strong daily support level at 22.70. The metal however, is on a weekly bull flag. Will this rejection take price to test the upper trendline of the daily bullish wedge? N.B! - XAGUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you -...
Expecting the fibre to re-test support level below 1.07000 early next week, IF the decline is rejected, then EURUSD will be targeting liquidity above 1.09446. N.B! - EURUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your...
Time to short GC. If you are a SMC enthusiast, then here is a classic ICT mentorship model 2022 (Video #3) Shorting opportunity. Price Impulses down back in September taking out both the swing low at 1.6608 and the relative equal lows at 1.6550. Now price has returned tho fill the FVG/IMB that was created during that move. I have price heading all the way down to...
Since its inception, Bitcoin has displayed a consistent price action pattern across cycles. During bear markets, prices adhere to a singular trendline. When breaching it, Bitcoin enters a parabolic trajectory. Historical trends underscore this pattern: from 2012-2014, then 2015-2017. The 2019-2021 cycle deviated slightly due to the "COVID-puncture," altering...
We are in a symmetrical pattern. In these patterns, the price-time behavior is repeated. By examining each branch, we can see that we have a range of 40-50 days before falling. Now we have entered the range. I specified a time zone in which Bitcoin can have a big dump. I also updated the supply range, considering the weakness of the candles, this supply can be valid.