The higher low in november 2020 showed a break in market structure from a long downtrend since mid 2018. A higher high followed in december 2020 which was the first confirmation for a trend reversal. The next higher high en higher low fully comfirmed an up trend, which is still going strong and recently gained a multi year weekly resistance zone , which is a very...
The bottom of the boxes represent a 1.5 multiple of the previous ATH The top of the box is a 4x multiple of the previous ATH
Morning crew! BTC doing what we expected from this weeks update after just front running that demand zone. We knew there was liquidity at this level and the buy up has a little more promising...HOWEVER We're still in a descending structure and until we make a HH above that 40 zone, we'll play the range. Looking at our 4hr indicators we have some room to...
GJ is currently ranging .... If it breaks 155.296 then it will continue to 155.100! Buys above 155.500 and could continue to 155.716.... Goal is to at least catch 15-20 pips to start off June!
Massing Long We're looking for 205% gain on our long. This is for large bags. Check position on chart. 🎯 Target is 108144
::: According to my T Analysis ::: Major Support: 0.74 - Buy zone 1 Minor Suppor: 1.54 - Buy zone 2 Major Resistance: 1.97 - Sell zone 1 Minor Resistance: 2.7 - Sell zone 2 Good for Long Term Buying 🙂
-Values- Entry Range: 19.93293 - 19.97017 Average Entry: 19.95845 (RRR: 1.86) Stop Loss: 20.00931 Profit Target: 19.86254 -HOW TO ENTER MY TRADES- 1. Ladder your entries. You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled. 2. Only first touches are valid. If price is rebounding...
-Values- Entry Range: 0.72242 - 072454 Average Entry: 0.72385 (RRR: 1.85) Stop Loss: 0.72678 Profit Target: 0.71840 -HOW TO ENTER MY TRADES- 1. Ladder your entries. You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled. (The "Average Entry" you see in my ideas are always 1.8 - 2.) 2....
Could we see a retest of the All time High before we continue down?
Possible pullback or a long period of consolidation will occur in the coming weeks. If BTC breaks previous high, pattern will be invalidate.
The 200day simple moving average has proven to be a leading indicator above all else for Bitcoin's bull cycles. Pay attention to previous activity over 6 years and observe price correlation around this simple moving average. The reason price respected and stayed above the 200day SMA is unknown, but as a imperialist, I must honour it. Another indicator to note is...
TA is not a scam. This birdie is going to fly straight to the 3.618 <3
Broke his falling wedge and now ready to grow and break it's ATH
Wave 4 consolidation coming to completion soon then I expect to see a Wave 5 up this summer
Now we analyze COMP/USDT. We see here the major bearish divergence which signals a downward movement. If this downward movement takes places which looks very likely, we can see a move to support at $608, if we can breach $740 and keep 4HR candle above it then we can see possible move upwards, I am not taking position here but best bet is a short to $608, take...
BCH/USDT seen here on Bittrex touching our support line of $1181 so now we can see a sideways movement or a pivot to upside or downside. We have a bullish MACD touching on the 4HR so we will watch this, if support of $1181 holds we can see $1382 short term target to take profit, I will personally not enter here but for shorters you can open short here and wait for...
ETH appears to be weak right along with BTC, ETH had strong run that did not match BTC recently, we have some increasing selling pressure and a gapped MACD, however we have ETH bouncing off that local trend line support, if 4HR candle closes above $3765 we can expect some more upward movement but if candle close below the trendline we can see downward movement to...