$BTC - Back on the charts 1. Case of "resistance turned support" if this green level holds 2. Meme falling wedge possibility 3. Generally declining dump volume 4. An area where I am taking short profits, considering longs 5. BEWARE of so far weak reaction to this support
ETH looks to be dying but this looks to be a great price to start accumulating some. - Almost at accumulation zone. - Standard constituent of crypto hedge funds. - Looks pretty bottomed out.
1. Currently leaning against level of resistance maxing out around $7800 2. If broken, expect the volume gap to be filled up to around $8200 3. Staying flat, either looking to accumulate more around support zones, or consider a short at the next resistance
$BTC - 4HR - Post Pump Reflections 1. Love waking up to a green Monday 2. Strong volume push to silence the doubters 3. However, this is now the 4th tag and rejection of this trendline I've been watching. 4. May get another chance to long at 6450 if this resistance holds
$BTC - 4HR - Case for bulls 1. Broke out of this pennant, and survived one retest already 2. Has moved into the cloud, possible end to end move coming
Rising wedge on ETH that appears to be playing out as she breaks down. If the shaded area of support breaks, we could see some real blood.
A lower timeframe move I am looking at. Technically a bear pennant. Play the breakout
XBTUSD - 1H - LONG 1. Nice little Class-A bullish divergence on the daily 2. Will consider entering a long on a low volume dump aiming 6450 as first target. 3. On Balance Volume bullishly diverging as well aka selling pressure reducing.
$BTC - Short Update 1. Yet another opportunity to fill shorts on wicks in the highlighted range. 2. Moving further outside of the "wedge" identified on chart 3. Possible new resistance identified 4. Still targeting $6400 range
1. Currently nearing resistance on the weekly chart. 2. Can wait to buy a breakout or when it gets back into the marked buy area. 3. MCO recently acquired crypto.com which could be a catalyst for a breakout.
$BTC - 4HR - Rising Wedge? 1. Thinking we may see this pattern play out over the next few days 2. If BTC fails yet again to break well above 6800 again, expect wedge support to break 3. If BTC breaks to 7k we may break this wedge bullish like the good ol' days 4. Short targets should lie around the cloud
$ETH - 4HR - UNDECIDED 1. Within the upper range of this pennant 2. Possibly trying to poke through 3. Can long/short the breakout, or place longs in bottom box and shorts in top box
$BTC - 4HR - Ichimoku Cloud 1. Successful E2E move through the cloud 2. Sustained bullish TK cross, 3. Bullish kumo twist (the first since April 20th). This is all well and good, but we will need higher highs before declaring this bear trend over.
Reasons of confluence I am looking for a short - 1. Major support turned resistant 2. VPVR HVN resistance. 4. Make it or break it time for BTC 5. Move downward if daily closes below 6820
1. Diamond Reversal Pattern 2. Tensor charts show lots of hidden buying power underneath 3. Bull divergence on multiple large time frames 4. Eyeing 6k as first target
Daily Update: Three clear rejection wicks in the 6.8 range. Expecting a trip down to support in the short term, to see if bulls can hang on.
Nothing special here, just a response to my previous updates. Tagged support again perfectly