DeNomics

DeNomics Updated 

I know some people dont like to look at down side trajectory, its all a little doom and gloomy specially when your bag holding well...stuff you dont understand, but lets get into the price analysis The demand created at around 1600 from the break out in April this year had been tested once with a fair bounce, but failed to make a new high and then second time...

DeNomics Updated 

Only spot trading this one at the moment against BTC (actually miss spot trading some times) I havent been playing a lot of the alt market recently as I have had more luck just trading Bitcoin through all this mess but I do enjoy trading SOL, might be a bias because I trade on FTX alot but I enjoy its price action and volatility, and can normally get some descent...

DeNomics Updated 

I have been building a line on VXR for a while now with a descent avg weighted entry using my DCA method around buying opportunities on large deviations from the mean. We had a considerable sell off start of June which saw the beginning of bearish market structure forming on the 4h and 1d time frames. We started to build a bear flag with an elliot wave 5 touch...

DeNomics Updated 

Keeping a close eye on the current structure with Disney at the moment, I have been a long term trader/investor with Disney for a while and its served me well how ever reduced position over the march push as the amrkets seemed a little cooked and been waiting to reenter and start pyramiding orders again. Pretty clear H&S forming on the daily right now and a large...

DeNomics Updated 

USD recovery lately on the DXY has seen price come back up to tough on previous highs, the double top hear could have been a great spot for a reversal to the downside or a break and retest long towards the next EQ around 112. The short offers a much higher RR for the mid term but I cant ignore the fact the DXY was regaining strength and the volume increasing...

DeNomics

I feel a lot of people dont really grasp the concept or how to manage there trades or look to trade certain markets with the dominance chart. I see a lot of people looking for the dom to get low and then scream "ALT SEASON" not realising that the move towards that low WAS alt season and now your at a point where Bitcoin could recover or alts could pull back. That...

DeNomics Updated 

I was going to hold off posting this until the current daily close as it could invalidate my entire road map for now, I'm already short how ever was looking to cover my position today with the intentions of seeing a buy back on the daily close. If this current Daily candle closes well below the current short term range support I'm expecting more downside much...

DeNomics

I'm going to do my best here at explaining the basics around a liquidity grab (some times called a stop hunt), why it happens and how it works (ignore the chart I'm using, I'm not saying this is a manipulated move just showing you an example of how it works) I often refer to this in my playbook as an STL "Sweep The Legs" coupled with a picture of Johnny Lawrence...

DeNomics Updated 

Kyber network on both the BTC and USDT chart has had some serious sell off over the past few months and has been stuck in a nice range for a few weeks on the USDT chart. Im expecting to see a descent pause on the KNC/BTC chart and a short term recovery to reclaim some previous liquidity zones. If we see that reversal or recovery on the sat chart and BTC holds its...

DeNomics Updated 

I have been staying off bitmex a little lately since all the drama around Arthur but slowly edging back into it now after a short stint on binance futures. Watching LTC closely here for a short term short play. We have retraced past the 618 and sitting on a significant EQ right now and the MACD looks to have some descent momentum to continue selling further. Im...

DeNomics

Something i always keep a close eye on is the Bitcoin Dominance chart, its been a really good indication of the movements of Bitcoin vs Altcoins. I never really do much in the way of technical analysis with the Dom chart but i will keep an eye on key levels where we start to see trends turn around or pause. >> Currently i have been watching the BTC dom rise and...

DeNomics

After the corona recovery we topped back out above previous highs with a small shack off on new price discovery. As ridiculous of a move as it was it had back bone and was a pretty consistent or strong growth trend, but that shake out broke trend and the second recovery has failed to make a higher high. So now im purely looking at market structure change and...

DeNomics

Been watching the DXY closely for a few months now as i mainly trade Bitcoin and its heavily pegged to the strength of the USD mainly from global arbitrage. I was expecting a huge retrace on BTC when the DXY started to recover from those V bottoms but it quickly got shot down again when the US markets started to recover. BTC went on a run and hit close to 14k, and...

DeNomics Updated 

Im watching a few things closely on Bitcoin right now. We are parabolic once again although not super extended we are definitely stretched right now so expecting a snap back sooner or later. For some time BTC has been pegged to the reaction to the DXY and the only thing i was really watching for was to see BTC break significant levels to start seeing organic...

DeNomics Updated 

I kind of feel like something is brewing here on IOTA from a market structure point of view. Its a bit of a long term call but its building sweet structure on the higher time frames for 2 really good impulse moves. 1. A break above the current resistance will see us free of a lot of market structure an possibly see a big push to 2 significant supply blocks. 2....

DeNomics

😩 Some times we are faced with difficult decisions in the trading/investing space and this comes from the psychology and emotion of the game. 🐻 I pride my self on being pretty emotionless when trading, in fact some times I can be pretty brutal when it comes to day trading shorter time frames. But I dont just trade and there is a big difference between trading and...

DeNomics

I have been trading and investing in gold for a while now leading up on this run and expected to see a descent pause in the market after launching out the top of this long term growth trend. I dont feel this run is over yet but is due for a halt, but its getting close to the lower band of this bullish channel so keen keen to enter another long very soon. As this...

DeNomics Updated 

On my Monday night Live session with the team i hand picked a bunch of alt coins i was trading on Binance futures and Chainlink was one I was watching closely. Took an extra in the alert zone but only got one position filled as i was expecting a touch on trend for a better confirmation. I ended up closing my position early this morning with a close on previous...