Higher time frames on CRO are looking like they may have a decent amount of more upside while the smaller time frames are indicating a pull back maybe likely. As such I have taken a long position at the low of this consolidation with a tight stop loss but also open to a ABC correction for a much larger move. IF IF IF price manages to pull back to the 50%...
On this weekly chart I have used the rectangle tool to show an upper range of the exact same size of a lower range both approximately 100% in value. The size of the upper range was approximately 70 weeks, the lower range has been drawn out exactly the same and has reached the end of this period and showing signs of pushing up. Using the fixed volume profile tool...
BTC has been managing to hold its current range quite well for an extended amount of time. While oscillators have been showing bearish divergence for days the hourly has reset and the 4hr is getting pretty low as price is still holding not only the range but an ascending triangle. As a pull back and retest of the 32-33k may or may not occur. While tis pull back...
BTC is still struggling for a continuation with massive divergence on the 4hr time frame. Looking at momentum oscillators and money flow they have both been dropping as price has continued to push higher. Over the weekend buyers have managed to push price up into the local golden pocket for a reasonable short position entry targeting the 33-33500 area. Macro...
Price has come a long ways. Here we are looking a daily line chart measure how far macro wise we have retraced to the upside and our volume levels. Currently price is pecking a way at the macro .382 level and showing signs of weakness. On the 4hr chart we have clear divergence on both money flow and wave trend oscillators. As such a correction may be in order....
OP is another crypto project we are currently watching for some larger moves to the upside. Current Trading Plan: Looking for a pull back to solid support or at least the midline of its current trading range. OP in comparision to others we have looked at the in past few days is not presenting itself in as clean of a fashion making it a little harder to formulate...
INJ has been a serious mover and on our radar for high quality trading oppertunities. Price has already seen a very large rise and as such a pull back with a re-entry oppertunity is likely. IF price is appropriately discounted to its previous resistance level a high quality long entry may present itself. Current Trading Plan: IF price pulls back into the area...
Sol has regained strength after its sell of from the FTX disaster. Sol along with the rest of the market has push up and appears to be rising. Current Trading Plan: IF price is to retrace into the last support resistance flip in the .27-29 area with bullish oscillator signals a new long position may be in order. Target area is a 1.5-1.618 expansion of the...
CFX along with FET were some of the largest bear market movers indicating they have solid public support. After the current push up in the market tides are clearly rising and likely to continue. For now.... Current Trading plan is look for a pull back that consolidates above our last daily support and resistance flip in the .13-.15 area. IF price makes it all...
FET has been a big mover thus far and appears to have more to go. On a macro scale a simple measured move of the macro trend structure puts a high target in the 1.70 range. This is not something that necessary will occur but reasonably possible given the past price action. Current trading plan is to look for pull back that consolidates at the last daily support...
Looking at the btc daily chart it is not hard to see that we have reached major resistance. As such a pull back is highly likely even if proceeding to higher prices. Currently BTC is stuck in neutral and at some point is bound to brake either to the upside or downside. Trading Plan (video explanation will be up shortly) IF to the upside a first target level...
So as btc has pushed up the rejection from 28k lead to a brake of structure that undoubtfully fooled most including my self in to shorting the bearish retest. I will post a video of this current trade idea shortly. While a highly probable setup to short the bearish retest of a brake of structure in an uptrend this time has proven different and lead to a stop loss...
Btc has been trading sideways for MONTHS and once again appears to have created a new trading range below our upper price range. 28k area was the low of our upper price range and as price trended up from its 25k area bounce it has put in a pretty clear rejection in the 28k area. At least for now... Given the long running sideways market, clear rejection,...
Looking at the 4 hr bitcoin chart following previously posted modle using macro volume levels our next serious support below was the value area high of the lower macro range at 23k. Price is currently rejecting off of our last support resistance flip and POSSIBLY putting in a new lower high and rejecting. IF price can brake and retest 28k this will be a serious...
Looking at the Solana chart on the weekly we can see momentum and money flow is rising with clear curvature to the upside. There is a wall of resistance at $27 and a clear uptrend respected nearly to the dollar 3 separate times giving a nice clear bullish rising wedge pattern. Typically this is viewed as bullish price action and taking a measured move from out...
BTC has seen a nice pull back and if we are moving up farther the current price or the trend line below may be a point of reversal. Current trading plan is to take a long position from the current level targeting 28950 area. Troll Well....
Bitcoin daily line chart is showing price has fully retraced back to its previous resistance. Currently smaller time frames are showing promising price action for a continuation with another leg up. To remain macro bullish another leg up would provide plenty of room for a significant retrace without braking are current lows in the 25k area. If price can not...
So the market has pushed up and CFX has formed a clear ascending channel. IF it holds another long position from the bottom of this channel may be in order. Current Trading Plan is to look for an ABC correction on the current swing and hopefully bullishly bounce off the bottom of this channel. This would provided a clear stop loss invalidation area just below...