Big timeframe ZEC is really bearish. Atlho i see a long opportunity once we break and close above the 0.010240 level for and upside potential of 20%.
I talked about this coin in our live stream. you can find the live stream in our discord
Litecoin has a little more upside before we might go back down to 0.001 BTC to fill in that void.
I see 2 areas of resistance which is the 0.014320 level and the 0.015150 level.
If you are long Litecoin it is probably a good idea to take profits at those levels i think. i do not see it go to new ATH's just yet
To me bitcoin looks bearish on the shorter timeframe. I feel like it needs to fill that liq gap bore possibly moving another leg up to 9k+
If we get a close under the red line ill be shorting it to 8200 where my first target will be.
The trade idea will be invalid once we trade above the red line above
I have discussed Bitcoin in a live stream. You can find the...
Everyone and their mother is looking to short the SP500 today. Not me as we just ran the stops under that red line.
I would be looking to take a daytrade once it trades above that blue box. If it stays under it sure we go more down.
On the 1h is already showing signs of a possible retrace back and we got a 1h bullish RSI divergence to keep an eye on. So, in my...
Recent price action is not bullish on the lower timeframe. I think it will need to fill in at least a portion of that gap/liq void. I would be looking to short under the red line and target the 8200ish level.
The idea is invalid once we trade above the blue box/order block.
All of the info is in the chart.
as long as we are in this range i am not looking to long or short bitcoin.
If it manages to trade/close under that orderblock i will be looking to short it aggressively. Not long term just a scalp/daytrade.
If it trades above the red line ill be looking for a long daytrade but i would want some more confirmation when we trade above it.
This weekly looks so bad for the bulls weekly is trading under the weekly S/R level and also closed under the last defense level (red line). I think Neo will go down 48% from where we are now.
I would be interested in taking a long once we test that level i pointed out altho i will not long it blindly. i would like to see Daily bullish price structure for me to...
Like always FOMC gave the markets LOTS of volatility.
To me, DXY looks bullish after the FOMC. We took the stops and shot right back up making a breaker on the 1h. that breaker is in line with a 1h/4h S/R line to.
So you could long that SR/Breaker level or you could wait for more confirmation and look for longs above the orange line on the chart which is a Daily...
I have noticed Crypto twitter being overly bullish on ZEC. I have no idea for what reason because they see a 4h bullish rsi divergence? All this tells me we could definitely see a bounce but a reversal no way!
We broke a BIG high timeframe a week ago we have not yet tested that level i expect that level to hold as HARD resistance. as long we do not trade above...
posted my weekly analysis here:
So we got a stop run under the 4h lows wich is a good sign for the bulls.
I simply want a break above that S/R level i highlighted to go long. A daily close above that level would be enough for me to get in because of the weekly...
As you can see we broke out of the weekly range and BAt had a nice reaction of the retest of it. That itself was THE perfect entry.
You can see now it is testing another weekly level/orderblock i expect another leg up from here so i will be looking for longs around this area( i will post a lower timeframe chart for this shortly after this
What is the target?...
The spike down you could've made a nice short term trade and you shouldve taken profits already. of course a lot of perma bulls will stay in this long position. So what i i epxect or want to see before i go long?
I want those stops to be taken out from the perma bulls. But it needs to be a fast reaction price should not stay to much time under that level. If it...
I am staying flat on Bitcoin for now as i do not see a decent short nor a decent long setup.
What i am waiting for is an aggressive spike lower taking out those stops and go back up from that point. it has to be fast if we spike down and stay there we will go lower.
If it spikes down and we have a good reaction i expect bitcoin to go up to the red line ive drawn...
Bitcoin cash broke support i will be looking for a short on a pullback on the S/R level.
The box ive drawn shows a liquidity Gap which means that area has been traded through inefficiently so i expect this to be filled. I normally do not like to trade Bitmax altcoins but this setup is just A+ .