BabyWh4le

BabyWh4le

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BabyWh4le

Going to start publishing more ideas here. No financial advice, just because I chart it doesn't mean I'm entering.

BabyWh4le

$ETH/BTC

BabyWh4le Updated 

Still in this position. I'd like to bring your attention to the R:R ratio. Look how it has changed over time. This is a concept that was first brought to my attention by Crypto Cred who learnt it from Trader Dante. It's called an evolving R and the concept is that there's no such thing as a free-trade. So often you see people move their stop to break even...

BabyWh4le

Please note this trade wasn't found by using classical chart patterns.. It is first and foremost based off of price action & market structure. The fact that it paints the picture of an ascending triangle is secondary and only drawn in to show extra confluence in the trade to you guys.

BabyWh4le Updated 

Find me on twitter @BabyWh4le where I post more frequently. Always open to discussion, thanks for viewing.

BabyWh4le

Thanks for viewing, you can find me on twitter @BabyWh4le where I post more frequently. Always open to discussion.

BabyWh4le

You can find me on twitter @BabyWh4le where I post more frequently. Always open to discussion, thanks for viewing.

BabyWh4le

Thanks for viewing, you can find me on twitter @BabyWh4le where I post more frequently. Always open to discussion.

BabyWh4le Updated 

Thanks for taking the time to view my current thoughts on the market. You can find me on Twitter - @BabyWh4le where I post more frequently. Cheers

BabyWh4le

You can find me on twitter @BabyWh4le where I post more frequently. Always open to discussion, thanks for viewing.

BabyWh4le Updated 

Twitter handle - @BabyWh4le

BabyWh4le Updated 

First off, thanks for taking the time to view my chart and read my opinion on the market. If you'd like to see into my thought processes further you can find me at @BabyWh4le on twitter. I like to keep things simple so this won't take long. Logic for this trade is as follows: - Short term market structure is bullish; we're seeing higher highs and higher lows -...

BabyWh4le Updated 

Find me on twitter @BabyWh4le Always open to discussion, have a great day!

BabyWh4le

It's not often I feel the need to delete every line off my chart and start from scratch because of a single days price action but here we are. Areas of supply are marked in blue and some key support levels in grey. As far as my sentiment goes, I'm not too confident in the first zone (6000-6500) holding but I put a lot more confidence in the 2nd zone as that's...

BabyWh4le Updated 

Still waiting for this falling wedge to play out. I've readjusted the target because we created a higher high to measure the fib retracement level from. The coloured box indicates the range between the 61.8-71.8 fib levels and also correlates with the support level at 7270. As always, keeping it plain and simple. Thanks for reading. @cryptoisascam

BabyWh4le

Here's what I'm looking at and my reasoning behind it. 1st target is a daily support level and correlates with the 61.8 fib retracement level. 2nd target is just using the base of the wedge to estimate the size of the move if the pattern (rising wedge) plays out according to textbook rules. 7% drop.

BabyWh4le Updated 

Rising wedge on the daily so I've set a target equal to the size of the wedge itself (7%) which is drawn in as the rectangle. We had the same pattern play out on the 4hr yesterday which I think has only served to add confluence to this larger pattern. I'm trying not to be bias here, I know I've been bearish for a couple of weeks now but I personally can't see much...