Djawad_Afsharirad

Djawad_Afsharirad

TL,DR: 1) Possible liquidity zones are specified with a cross mark. 2) I think we are in no man's land and even LTFs do not offer a clear direction. 3) We are range bound in LTFs (4H) 4) Entries for possible scenarios are the genesis point of the arrows.

Djawad_Afsharirad

As usual, the chart is self-evident. Wish you luck.

Djawad_Afsharirad

With all due respect, chart is simple and telling enough. DYOR. Good luck!

Djawad_Afsharirad

TLDR: . EMA 9 is lost and momentum is weakening. . Reclaim EMA9, the golden pocket just above, and the daily level (23078.71) and Range High will most probably be next. . Any wicks into the 3D zone (21185 - 21815) will fill the inefficiency, and if followed with strength (Volume + Structure) will be a good bid. . Local support is tired. . I expect a higher low...

Djawad_Afsharirad

I guess the chart is clear enough. No explanation needed.

Djawad_Afsharirad

I am leaning towards the red scenario, but I am ready to jump in if the green comes to pass.

Djawad_Afsharirad

This is a possible range BTC is moving in. To move up, BTC might need to grab some liquidity down below. Price is showing some signs of exhaustion e.g. the stoch RSI in the daily timeframe. The three-tap pattern at the top makes it all the more legit. This is the possibility I am leaning towards. Good luck.

Djawad_Afsharirad

TLDR: . A possible hidden bear divergence at critical resistance. . CPI release might drive the price all the way up to the golden pocket above. . Reclaim the range low with consolidation after breaking above the diagnol, and then range low will be a decent bid. . Close the current candle below the golden pocket down below (white) and new lows are likely. ....

Djawad_Afsharirad

Considering the confluence of resistance at these levels, shorting seems to offer a great R/R. 1. Signs of weakness are present in LTF: Bear divergences in 3H, 2H, 1H/ Triple tap into resistance in 15Min/30Min. 2. The liquidation map shows heavy longs at these levels, so a lot of liquidity lies at FVGs down below at critical support zones, which line up with the...

Djawad_Afsharirad

As we can see, BTC has been in a rising channel, and I find this channel valid for the main reason that the floor of the channel has produced serious price action for three times over the past year. Plus, the mid-line of the channel has witnessed significant price action, which makes the channel all the more valid. During the past weeks, BTC has seen stormy price...

Djawad_Afsharirad

Some points to mention regarding the chart: 1. The significant role of MA21. 2. The steady and consistent volume, albeit at lower levels compared to the previous bull rally. 3. The 2.5 - 3.5. is of great significance considering the price history in this region. The manner of breakout is consequential.

Djawad_Afsharirad

USDT.D is showing bearish signs that translate into bullishness for the whole crypto market. However, USDT.D will be decisively bearish when the head-and-shoulders pattern plays out, and a confirmation can be seen. MA21 is acting as resistance right now. A break below the neckline and a retest will confirm a move downwards. It is worth mentioning that this is the...

Djawad_Afsharirad

Hello guys. Hope you're doing great. I think the chart is crystal clear, so I will avoid any further explanation. Please push the like button if you find the idea of value.

Djawad_Afsharirad

Hello guys. Hope you are doing fine. XRP has printed a bull flag in the weekly timeframe. If MA50 is reclaimed, I think a pivotal moment will come to pass that will most likely coincide with a break out of the bull flag. The only concern is the dwindling volume. If volume picks up and we witness a breakout as a result, XRP will have a lot to offer. However, the...

Djawad_Afsharirad

Hello. Hope you are having a great time. Let's get down to business. ETH is testing an important trend line that used to be a strong support factor. When such a significant factor is lost, in my experience, it is hard to reclaim it ASAP unless we are dealing with a deviation to trap bears. As you can clearly see, in May 2021, we had the same scenario but for...

Djawad_Afsharirad

Hello guys. Hope you are having a nice day. Today I have decided to perform an analysis of THETA. Technically, THETA is in a descending wedge in the weekly timeframe, which is USUALLY a bullish sign. The ceiling and floor of the wedge are reliable factors as they have determined the price behavior in a significant fashion in the past. Critical levels are...

Djawad_Afsharirad

ADA is on the verge of losing EMA100 in the weekly timeframe. If the current weekly candle closes below EMA100, the possibility of losing the critical support area below will be real. Personally, considering the weak volume and bearish behavior of the price, I think more bleeding is on the way. Plus, the grand scheme of the markets does not bode well for the...

Djawad_Afsharirad

Hello everybody. Hope you're having a nice day. I am going to lay out my view regarding the current BTC situation. I still firmly believe that BTC is in a bull flag in the weekly timeframe. The mid-line of the channel has been respected on several occasions and I find it incredibly valid. After the bull trap that ensnared bulls in October and November, I think it...