Weekly looks pretty cut and dry to me. Unless we can convincingly hold above 30k again SOON, this is the more likely outcome. Could drop harder and more drastic than squiggly line. Notice the gap in volume trading ranges with strongest base at 7-9k. $btc #bitcoin —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to...
This is a reminder to unfollow anyone that says we are still in a bull market.. The play has been to find opportunities to fade the bounces since January. We are now looking like we will sweep the low 30s soon. Can we recover from here? Sure, but not as probable as dip lower. Stock Market has put a lot of pressure on Bitcoin as well. Strong stock market could...
$btc #bitcoin Personally I do not want to buy into resistance. This is where you should be selling after buying the dip. At 20MA and dg trendline that had held up for months. IMO, better to wait for daily close back above 40.5. Middle grey box is chop zone. Above that would allow for plays up to 44.5k Longer we stay below 40k, 35k is in...
Still in daily channel and holding strong. Pay attention to OBV. It bounced at key horizontal Level and trending bullish leading price up. Weekly TF is also still in bullish upward channel (will post in comments below) LTF looks like it is breaking down from ascending wedge at POC with potential to drop back down to pump of today at around 40.6. (post in...
Bitcoin has officially closed Daily below Ascending Triangle top establishing a deviation/invalidation to the pattern. Now we as traders need to be willing to adapt and shift our bias. Below 44.5-45k, we are back in the trading range from the beginning of the year which leaves the door open for a retest of range lows around 35k. Personally, I think bulls need to...
$btc #bitcoin currently in tight range on H4 between GP and .382. Scenarios to watch: HTF support at 44.5 (can't lose that and stay bullish) LTF resistance of 47k, close above that and should unlock next breakout.
Near is looking primed to pop to nPOCs listed in orange above after retest on daily. Need daily close to hold strong above pivot. Also, watch for Bitcoin to stay above 46k on daily close. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent....
btc #bitcoin Love to see that V recovery and a H4 close above Year open. It is holding for now and would like to see a push back above GP before EOD. For now, 46.8 is the roadblock to 50k. In limbo between Year open at 46.2 and 46.8. Let's see who wants it more... Both paths listed depending on where the next H4 closes...
$IBM #IBM has been in a HTF downtrend since 2013...3311 days. Currently retesting trendline and forming a right shoulder of inverse HnS. Weekly close above 145 and PT would be 199. nPOCs at 169, 180, 197. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and...
$ftm #fantom ascending wedge headed towards .236 and bottom of hz support. Break above 1.48 and I will be targeting 1.65 nPOC. Lose hz support and nPOC below is at 1.31 lining up with .382 fib level. Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a...
$bnb #binance very bullish. daily closes and retests of 20MA and 34EMA, now pushing through 89EMA strong. Looking at nPOC 494 as next target. Hz resistance at 500. Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let...
$avax broke out of bull flag with good volume on H4. PT is 107. #avalanche Currently at first nPOC with 3 more H4 above lining up with PT. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3....
$fil #fil 34EMA has been holding price down since Nov 21. Strong volume pushing it above and up to 89EMA. Close above, and I will be looking at nPOC PT 35 then 53 on Daily. Notice the 2 strong days of volume back to back coming off of a nice support base established.
After breakout of descending trendline, it nailed Daily nPOC and is deciding where to go next. Close above or below will determine my next target. 3k should offer some support before a 2900 nPOC fill if we cant break above from here and tag 3330. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force...
I've mapped out some bullish scenarios that a BULL would want to play out from here. Key is to NOT lose the .5 fib. Really, 40k is a must hold IMO. I am NOT bullish until a daily close above 44.5. Uber bullish close above 46k. Until then Stay Safe.. I am long term bull always and 4ever. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a...
Highlighting a few things of note when it pertains to the Daily chart and the 100 EMA. Observations: 1. The first time BTC closed below the 100MA it had a 40% drawdown. The second time BTC broke it, it had another close to 40% drawdown. 2. When btc broke back above after falling below the first time, you can see btc had a nice 70% pump. 3. Btc is now back...
$btc #bitcoin 44k resistance is holding up so far with an added buffer above at 44.4. Still seeing bearish divs and I am keeping an eye on OBV level if it breaks first. Leaning towards a dip to 43k to fill nPOC and see how much the bulls really want it this time... —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to...
$btc #bitcoin LTF looks like it is ready for pull back after fakeout to upside. Looks like a rising wedge with a couple of H1 nPOCs at 42.2 and 41.2. Buyers beware..HTF looks good still but LTF could reverse in the short term. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy...