AwesonWakeEye

AwesonWakeEye

Potential Inverted Head and Shoulders pattern formed. Now need consolidation around 3200 staying above 200EMA (white line). This is when I will open new long. Must keep Red trend line intact (My stop loss if trendline broken with an hourly close below). Upper target = $4000 Thanks for reading my trade journal!

AwesonWakeEye

Interest Rate decision Wednesday 11am PST and no good clear set up yet. Monday's range now a Bearish Descending Channel. Expecting some support around 2300. If that fails then will see retest of today's low. Will look at buying more if we see ETH @ $2000, 1850, 1780.

AwesonWakeEye

ETH - Jan. 20 - No Fear here. Just bought ETH here at 2850. Will buy more at 2650, 2500, 2200, & 2000. Buy low, sell high is THE WAY. Thinking Long term. Price is a fractal. NOT FINANCIAL ADVICE. I appreciate you reading my trading plan. If your reading this I love you.

AwesonWakeEye

Narrowing range Will it respect the trend and break above 3400 and hit my target of 3500? Or will it fall to 3200 and possibly even to 3000? 3000 is weekly demand zone and confluence from last week's lows. No heavy risk on trades until decisive move. Happy Full moon!

AwesonWakeEye

ETH and alt coins are still down trending from sell pressure. No heavy risk on trades yet. Monday is holiday and a full moon, which means next Tuesday should be volatile. Order book indicating price should range between 3200 and 3400. Will update Sunday night. Thanks for reading my trade journal!

AwesonWakeEye

Ranges mentioned earlier made for a great trade. Looking ahead, same story as last week. Ranging down. Likely we get another attempt at 3850zone. If fails, back to 3680. If success, small long to 4k with tight stop. Thanks for reading! NFA, DYOR, ILY

AwesonWakeEye Updated 

Muted Full moon, pre X-mas weekend action. Bears taking a beating from big bidders all weekend. Could see a squeeze to top of range at least 4100. If Bulls fumble we could come down to Friday's low of 3700 which is a small buy zone. Happy Holidays

AwesonWakeEye Updated 

Momentum is still negative bias from rally to 4200 being rejected. 2 Scenarios looking at early next week: 1. Bulls have lots of work to do to reclaim control by making a higher high above 4150. 2. Beras will keep dragging and try to cause pain at least down to 3890. Stay safe

AwesonWakeEye Updated 

For Bitcoin cliff dwellers, and those that survived the dump. This is my trade plan for the upcoming week: 1. The volume is super low right now, ENERGY is building for another move, which direction will it be? 2. There is a liquidity zone below, 46k-45k. - If it gets to this zone and shows strength, I will go long. - If it gets down to this zone and...

AwesonWakeEye

So far Low volume = Low conviction move Building structure below 4400, need show of strength here in the chop. If retraces to 4200 (or lower), will look for more small Long entries with tight stop loss. Bull trend intact

AwesonWakeEye Updated 

White Line is Potential future price action. I see this level being defended over the weekend of Nov.27-28 with a potential wick down 53K as a final shake out before heading up to retest this weeks lows.