Bawg

Bawg

just an idea, not trading this market. This is a very brief description.

Bawg

I love ice cream. My favorite flavor is French vanilla with chocolate chips. Is that a good enough description Trading view Algo?

Bawg

This is a monthly resistance level for sushi. We closed with the daily bodies below the line which shows the resistance level being valid. I would like to see a closure above this level as support and then reaching toward the top end of the box, breaking it and treating it as support - in order to see ATHs. If we break below from here and retest the bottom end of...

Bawg

I have the 47k level as monthly resistance. I'd like to see this level broken and tested as support for another long set-up.

Bawg

We've tapped a weekly resistance level. For continued movement higher, I'd like to see this level broken and tested as support.

Bawg Updated 

This idea is supported by a bearish DXY premise with the old low being targeted denoted on the left. With this in mind, sushi appears to be dropping lower to trap sellers before rallying higher. Any closure below the red line invalidates this idea. Any closure above the TP into the rocket will likely see new ATHs. Let's see.

Bawg Updated 

10:1 RR. Just journaling my setups.

Bawg Updated 

Here we are

Bawg Updated 

3:1 RR. Just journaling my setups.

Bawg Updated 

Good RR, if price comes lower I would take this set-up.

Bawg Updated 

We can see the blue box supporting price as it dipped into it, sending it higher to this resistance level. Purple box indicates a daily resistance level, and we saw an immediate reaction once price reached this area. For a reversal in this trend to occur price would need to break through this level, and possibly dip back into it as support, setting the stage for a...

Bawg Updated 

I recommend watching an interview with a Core Team Developer of Sushi (starting at 18:21) to get the full explanation of Sushi from its beginnings and the roadmap throughout 2021. Absorb that, then keep in mind that Sushi is the first AMM that started out providing yield through protocol usage & network value (xSushi) and has expanded/is expanding to Multi-Chain...

Bawg Updated 

Considering the higher time frame bullishness on DXY - a retracement to these levels would be healthy for the resuming bull run in Q2.

Bawg Updated 

It appears we will see a decent retracement on assets priced in USD given the current outlook of the dollar futures. Given the price action and technical outlook on this specific chart, my eyes gravitate to the equal lows denoted by the blue line. This would be an ideal level for market makers to dip into and I would be comfortable adding in spot positions at this...

Bawg

Keeping in mind Bitcoin fundamentals and the plethora of theories and models such as the Lindy Effect, the Parabolic Model from 2014 telling us 100k, Metcalf's Law, S2F and S2FX - which all indicate much higher prices in the near-term and have a track-record of being correct; It is very clear from a market-perspective that we are in a premium as far as adding...