Notice price, momentum and volume. Some food for thought.
Hi ladies, OK we are hitting liquidity pool where all of us plebs made some nice donations towards the Mr Market Operator. As such he is grateful for all those stop losses, liquidations, overloads, fomo, breakout at resistance and general pleb sentiment bullish AF. He thank us all and he is ready bring us all to a trip into rekt lands as a gesture of gratitude.
Presented without any further comment.
Hi ladies. Looking at 415sats as potential long range. Volume signals on Weekly/Daily plus a set of divergences and supply lines violation is what I will be paying attention to. Best.
Hi ladies. If you are using tons of tools to identify supply/support and demand/resistances zones. STOP. All you need is to apply this simple approach using past price action. Switch to line chart on M, W and Daily timeframes and identify the Lower closes where price bounces. Map the zone to the left et voila. All these zones are likely to represent...
Hi ladies and gents. Outline above are the most significant levels for XRPBTC as of now. We should be paying attention to Daily and Weekly timeframes violation of these trends and place longs in either of those demand rectangles. Similar confluences are found on monthly supply and demand trendlines. Cheers!
Hi ladies. Here's one of my favorite shitcoins because of the illusion of muh good fundamentals and we all are obviously in it for the technology. So here it is... interesting price levels zones for ZENBTC I am watching. Best!
Bitcoin RENKO D ATR5 Important Prices, Channels and Volume levels. Outlined block / lines represent ideal zones to go short at the 5.9k range and piramid long all outlined zones under 4.7. If volume is particularly high in these ranges after the pullback, the stronger is the case for strong support and safer long position.
Hi there. Thought about putting out there my own TR analysis. Bitcoin is showing some strength signs but we all know that Honey Badger doesn't care about anything. If price breaks under last LPS and remain closed under it. We continue inside the TR and heading to test ST zone. As of now it's building it's case for SOS (Signs of Strength). Volume showing more...
Volume and momentum is suggesting a continuation of this xmas bull rally into next year. Price doesn't necessarily need to act according to the outlined waves which are based on support/resistances and hypothetical future uncertainly (with the asymmetric triangle). Think that max it could go is really the 6-7k range where sell pressure exists (limit sell orders)...
Going long here is looking like a good risk to take. Sure there is the danger of a bounce at resistance but that is why you should use stop losses. Going into the trade with 1%-2% risk is reasonable.
Here's some quick Elliots (EW Monks don't come at me with rules, I don't care) into the future. Not paying much attention to time horizon but price action could print something like this... or completely not. But hey -shrug-
OK. There's great chance honeybadger could hit the 2.7-2.9 support levels in an extended wick and reverse for a short xmas into new year bull rally to get everyone hyped about before more pain. While I feel the brief visit to bellow 3k is possible we should pay attention at current price level because price is showing some signs of strength and volume in lower...
DAX is approaching a support zone. Maybe another leg down forming a divergence in Signal RSI and then a dead cat bounce.
FTSE M hitting support and oversold. Ready for a bounce Signal RSI hitting extreme level and price just support range. ready to bounce to resistance level around fib .5-.6.
It's time for a few days fo correction. Price levels, Trendlines, Momentum and Volume suggest that bias.
A look into monthly chart confirms that we are way far from a bull run. It is also pretty evident based on volumes and candle rejections that we didn't see yet any meaningful signs of capitulation. There more downside ahead. Perhaps a strong support at the next technical level wich also coincides with marginal cost of production less hardware costs price zone....
Price heading towards resistance. Expected to be bounce to outlined support. Overall looks like a trading range is in the cooking.