AlphaTradeZone

AlphaTradeZone

ADA structure is clearly bearish right now. Lower highs and Lower Lows forming, expecting another Lower high and then a big dump down to our 3D block. I am going to look for shorts on Bitmex when the time comes.

AlphaTradeZone

If price holds on the Daily chart above the EQ of the 3D support, another leg up may be experienced. Targets for longs are marked in the chart based on fib extentions, resistances and VPVR profile confluence. That's where we will close are longs fully, and start hedging with shorts. Do not believe this is the next bull run until we form a higher high on HTF.

AlphaTradeZone

The only bullish play I can find so far that offers an adequate Risk to Reward is marked in the chart. BTC pumped through most resistances and a big retracement won't indicate a strong follow up. Price will either hold the upper block and pump more, or this was a huge bull trap. Either way, unless price action develops there is no reason to take a forced trade....

AlphaTradeZone

Rejection of the EQ of Daily support lead to a big spike just as we expected. Profit taking now is a must, while waiting to see how BTC behaves in the next hours/days. Still bullish and long.

AlphaTradeZone

Rejection of the EQ of the Daily support lead to a big spike just as we expected. Profit taking now, and waiting to see how BTC behaves in the next hours. Still long and bullish.

AlphaTradeZone

Will be watching NEO for a Higher Low right now. If it's successfully formed I will be filling my bags with this one.

AlphaTradeZone

Notes in the chart. Will not be buying unless we fill the inefficiency gap and bounce off the Weekly support. Retracement can be as big as 25%.

AlphaTradeZone

On the chart you can see a possible spring formation. If price goes above the Spring level, longing the retest is a high probability trade. The Equilibrium of the range has to hold on the Daily Timeframe for the previous setup to occur.

AlphaTradeZone

XRP reached and held above the 3D support right at the bullish orderblock. If any accumulation pattern forms now it's would be a great long opportunity.

AlphaTradeZone

Bitcoin moved bellow the EQ, the volume on the dump however does not indicate big selling activity. I am suspecting a relief rally up to the marked resistances. A Daily close above the EQ ($3390) would confirm this setup. If we can't get above soon enough then continuation of the downtrend is due to happen.

AlphaTradeZone

-ETH dumped to clear liquidity bellow. -The EQ on the Daily Ordeblock was hit and rejected -Above average volume on the last candle (I assume a lotof the volume is also distributed on the wick) I am bullish on ETH right now, targeting the marked level.

AlphaTradeZone

Bitcoin is grinding slowly up to the EQ level, rejecting it quite a few times. The EQ is now the major resistance that BTC has to face. Closing above would be a good scalp long opportunity to long the retest of the level. Note 2 factors that indicate bearish bias. - Liquidity bellow (marked as "x") - Declining volume on this small rally

AlphaTradeZone Updated 

Liquidity still rests bellow the Xs Hight timeframe remains bias, due to consolidation on the 3D support and no signs of strong reaction. After the close bellow the EQ probabilities are that we are going to hunt those stops bellow the spring level.

AlphaTradeZone

As we were expecting Short Sellers were due to a big shakeout, however this went beyond expected. That's why stop loss is important to protect your account.

AlphaTradeZone

Bullish Signal: -Reclaiming the critical level -Rejecting Spring Level on the upside Bearish Signal: -Closing bellow EQ without rejecting the spring level -Closing bellow the Spring Level

AlphaTradeZone

Crucial Levels to watch for XRPBTC noted in the chart. Weekly open + Bullish Orderblock are in play for a long opportunity

AlphaTradeZone

LTC seems like it is leading the market until now. High timeframe analysis shows that it reached Daily Demand and still hovers inside the zone. A close above the zone would indicate bullishness. A close bellow the EQ would indicate that LTC has topped for now.

AlphaTradeZone

LTF Bullish Orderblock + POC confluence that may allow a very high Risk to Reward Setup. RR: 4+ Account risk: 1% During those scalps you should keep risk minimum and move stop in entry as soon as price bounces from your zone.