CryptoChampagne

CryptoChampagne Updated 

1 minute Distribution spotted. Just doing this low leverage as an experiment

CryptoChampagne

Accumulation breakout and subsequent retrace (backup) Invalid if we close below this level. Price should increase in strength from this entry

CryptoChampagne

Check the BTC pair too. It's on the floor about to hit its ATL

CryptoChampagne

hamina hamina hamina awwoooga hubba hubba

CryptoChampagne

The ratio is between the 200 daily MA (light blue) and the 200 daily EMA (dark blue). It can consolidate between them, but when the bollinger bands squeeze be ready for the breakout. Will update with targets

CryptoChampagne

Fits nicely with the UTAD (upthrust after distribution). Retest of the range up to the Automatic Reaction (AR), confluent with the 200 weeklies (EMA+MA). Invalidation would be a strong weekly close back inside the range, above the 200s.

CryptoChampagne Updated 

Here's a schiff pitchfork i built using the swing that followed the BTC December bottom. I would flip my bullish bias if the following happens: 1)channel is broken 2)4hr 200 MA & EMA fail to bounce price back into the channel, and price closes below both 3)daily close below 9100 When number 3 condition is met, I will start shorting. Not before.

CryptoChampagne

Like DOGEBTC and BATBTC, we have some very predictable behavior within a clearly defined range. More interesting in what is in the range, not the deviations. Oscillators oscillate around what? The equilibrium. Although the equilibrium can change, here we can estimate the area fairly well. It has some good confluence here with the 200 weeklies (MA & EMA)....

CryptoChampagne

clean range, consistently predictable behavior.

CryptoChampagne Updated 

we have a double bottom structure and break of range high that creates a good case for more upside. Buy retrace for S/R flip of range high and set invalidation mid-range.

CryptoChampagne Updated 

Don't overthink this. Please keep in mind wyckoff accumulation is simply a range with some extras. If you think it's more complex than it is, just keep these things in mind: SC is a selling climax ST is a (re)test of that level AR is an automatic rally LPS is a last point of support SOS is a show of strength The definitions speak for themselves.

CryptoChampagne

high volatility inside a potential reversal range will shake out many market participants, often testing both bears and bulls. Both sides have been tested multiple times with fakeouts on both sides (upthrust in Phase B and spring in Phase C). Volume supports this idea as we experience volatility in early Phase A and Phase B, with contraction occuring in Phase C...

CryptoChampagne

Invert your altbtc charts (ETHBTC, EOSBTC, LTCBTC) and see the similarities. As BTC.D distributes, we should be seeing alts show breakouts of accumulation ranges. BCHBTC and EOSBTC are hinting strongly for reversal. Hope you all are as excited as i am

CryptoChampagne Updated 

ThiS TiMe iT'S DiFfErEnT major divergences, dominance finally breaking a key level, BTC back looking bullish but not too aggressive, etc.

CryptoChampagne Updated 

Daily 200s (both exponential and simple) offer some great confluence to place an entry with very tight risk. Accumulation range provides invalidation if we somehow manage to break the 200s on retest. Will update with interim targets

CryptoChampagne

Seeing some majors reverse, but waiting for the trickle down effects into mid-caps. This is the most history I could find on ADA, which places it near the ATL. ADAUSD pair is also unlikely to see new lows as BTC approached 9k again, after retracing 90% of early 2019 run.

CryptoChampagne

Looking to see the reaction at 8200 to determine if we will resume an uptrend or re-distribute back into the range

CryptoChampagne Updated 

The BTC pair is showing some resilience while BTC attempts to find a bottom. I am seeing a shift in momentum to the upside that could break this accumulation range that started in August.