OB that led to the break in structure, looks like fiber wants to retest it again. Could prove to be a good 4R short opp
BITFINEX:NEOBTC PA (Price Action) of this pair, and the crypto markets in general (especially altcoins), is currently quite bullish and we may have found a potential bottom with what looks to be a capitulatory Volume spike. NEO/BTC seems primed to break to the upside after consolidating for a little over a month on top of the Demand Zone @ 0.002650, which is a D3...
Looking at the weekly order block depicted by the red rectangular zone that spans from 5.8-7.4k, we see that this zone has been historically critical for price action. The first touch of this OB saw price bounce with strength completely above the order block. The second bounce saw the weekly candle close above the mid/halfway point (EQ) of the OB but within the...
Bitcoin is sitting on a very key support right now at 6300. Recent fall and the amount of times this support has held makes it too risky to open a short or a long here. If BTC drops from here look for short term longs at monthly support around 4900.
sell model? down? neutral atm, using this to study from later
Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice...
Waiting for price to hit my levels until I look for shorts, could be a great setup
Confluence of a Rising Wedge and Bearish Divergence on On Balance Volume suggests that downward price action is imminent. Target illustrated is ideally a minimum target. Price could conceivably go lower.
still in a bearish trend on HTF, looking to short this relief rally. entries at 6490 6514 6535 6550 6580 SL at 6635. TP at recent swing LO at 6080, reevaluate PA after orders hit to decide if intermediate TP is needed. twitter @thecryptopapi
Support flipped resistance, heading for the stops beneath the double bottom pattern
Would be a good idea to short now w/ a stop above the red bearish Orderblock
Bids scattered in order block. Average entry = $6724 if all bids are filled. Trying to chart Bitmex right now since Bitfinex is wick city. Daily Demark count is 6 of 9.
Price hit weekly OB and tested 50% level. You can see bullish div and spinning top candle on daily chart so reversal is possible. Im going for 2 weeks holiday tomorrow but i will try to stay as active as i can.
From what I see on a daily. We have not much hope for a big reversal or change in trend. But neither i can see us going further low. First FA: We have taken out our Feb lows and made an SFP (swing failure pattern). At this point, there was a lot of liquidity that caused this pump we saw recently. But don't think that 300$ up is how the bottom looks like....
hi all this is my analysis for GBPJPY for this week. i have included rsiMA fib retracement and extensions and support resistance and bearaish OB areas.
At the end of everyday I check over the top gainers and do TA to try and understand why they went up. Wan today was a great buy at 5700 sats and I will explain why. First off, from a fundamental standpoint WAN is a great coin and any price under $5 is extremely undervalued. Second, on the left chart we see that WAN bottomed out at the 5700 range. This is because...