CryptoWill702

CryptoWill702

Few ideas, I can see a drop to the W2 demand below around $36k. If we drop into that range after getting stopped out of the first try then ill be looking for a macro long there. EOY may get exciting.

CryptoWill702

Here are some TP levels incase some of you are not sure on where you should be looking to take profits. ;)

CryptoWill702

Looking to add the remainder of my 25% position on a retest of the red H8 supply. We also printed a hidden bull div on the H4 and a D2 demand block between $47k-$48k that we've retested a few times and have had a couple daily closes above as well. H4 RSI looking healthy. Next TP = $67k.

CryptoWill702

In our previous update we saw some things that were hinting at a potential drop. We took some profits and were ready for either direction. Price decided to move upwards and we front ran our $48,000 retest and add-on mark by $180. It's still possible we come down and tap $48k but as of now we've decided to not count pennys and just bought back 25% of our position...

CryptoWill702

Taking 50% off the table here, we are currently up 28% profit. Feeling a bit toppy to me. I've always liked monitoring the 15min 200ma on BTC as a good support. We've now lost it and have potentially put in a bearish retest on it. A couple scenarios to look for: Blue Path: Flip $48k on HTF to support, Ill add back 25% of my position Red Path: we begin a 5 wave...

CryptoWill702 Updated 

Overnight we had a nice break to the upside, back above our key H4 Supply zone we needed to get us back into LTF bullish market structure. We seem to have front ran the retest of the H4 Supply (for now). Zooming out on the daily chart we have printed a D1 Demand order block (Green zone). We are also perfectly confluent with the 1.618 fib extension on our $53k TP1...

CryptoWill702

Current setup with some things to keep an eye on.

CryptoWill702

Following a VERY nice 28% breakout to the upside, BTC is now consolidating. Looking to add 30% more to our position at either green arrow and move our stops up.

CryptoWill702 Updated 

BOOM!!! Bitcoin rejected at the upper H12 supply once again, allowing us to get our third and final bid filled overnight! We are fully loaded and holding till $53k as TP1! We hope you guys were able to get some fills along the way with us! It HODL time all around now. I'd like to see the purple D1 demand hold for continuation, we see a LTF bullish divergence...

CryptoWill702

BOOM!!! The H4 Bear Div Played out nicely. BID 4 - Was filled overnight as ETH lost the H12 Demand zone while BTC rejected its overhead Daily supply once again. If we happen to fall lower, the next place i'd be looking to add the remainder of my 25% is at the H4 supply (Red line) Looking @ $2,200 for TP1

CryptoWill702

So our prediction played out almost on the dot. We rejected off the D1 Supply as expected to be a possibility and we seem to have gotten front ran a bit (bounced before hitting the expected D1 Demand) on our add on target. Instead, it looks like buyers were happy with buys at the H4 Demand (Green zone). Even then, the drop isn't over until we get a daily close...

CryptoWill702

Current Setup/TP 1 = $53K Daily Demand OB (Purple zone) printed inside the pink H12 Supply. Looking to add the remainder of my position (50%) on a retest of the purple D1 demand. Chances are likely for a bounce there if we end up rejecting here. Taking my bearish scenario off the table (Retest of the green H12 Supply).

CryptoWill702 Updated 

H4 Bear Div Printed H12 Demand Block Printed (Possible bounce zone) Even with this new information, i'm keeping my add on bids where I had them on my previous update (#2). BTC is currently pressing into a key D1 Supply zone. If BTC reject's she may pull ETH along with her. Be cautions with fresh long at these levels.

CryptoWill702

Our bullish scenario has played out. Market bought 25% worth of my position at the hourly H4 supply retest. Updated gameplan drawn in chart.

CryptoWill702

Trade setup and gameplan in chart.

CryptoWill702

Gameplan drawn out in chart. We are retesting that red D1 supply as we speak so starting a position (25%) in this current range would be straight, then just play it by ear from there.

CryptoWill702 Updated 

ETH HAS BEEN LOOKING PRETTY STRONG IN COMPARISON TO BTC LATELY. RSI ON THE DAILY HAS HELD ABOVE THE MIDLINE VERY NICELY. WE'VE ALSO HAD A COUPLE DAILY CLOSES ABOVE OUR KEY AREA OF H4 SUPPLY, LOST IT ONCE BUT HAS SINCE REBOUNDED BACK ABOVE IT SLIGHTLY WITH A CLOSE ABOVE EARLIER TODAY. STILL AWAITING TO SEE THE REACTION TO ITS PREVIOUS ATH AND WILL BE LOOKING TO ADD...

CryptoWill702

Our bearish scenario seemed to have been playing out as we saw a daily close below our green demand zone . As i was expecting further downside, instead, we saw some reversal back above our green zone and were actually able to get a daily close above our key D1 Demand (purple), rejected off our H12 supply and began a nice rally back above it after retesting our...