wave 5 started and I am expecting a run soon to at least $48,800''s I have an alert se for 48772. Weekly looks awesome to me and I think this volume could be related to Russia accepting Bitcoin for oil. Interesting times these days with the USA exporting blood and Russia invading the Ukraine. Looks like a confluence zone at 50500-51500 so i expect a pause there...
Coming back into the buy zone for BTC at the yellow dotted line. Targets are in purple
Looks like that $86 million that came into the market is being used to pump bitcoin we’ve had a fresh effort to rise success on the daily so my new target number one is 42K and target number two is 45.5 K
So we Hit my Target of 42 K from 37400 and now we have been riding wave B that is meant to look like a Bull trap but really the suckers are going to go short and the next pump is wave C and I have a target zone of 44k-47200. Be Blessed!
Fresh effort to rise on the daily for this newly listed town on Bing-X. Been trading it for the spot trading competition on Bing-X
Looks good to me for a long; especially under $22 I really like it for $21! The chart really says it all key key levels are highlighted in purple.
I trade volume and follow smart money first and foremost! Then I use Fibonacci Retracements, fractals, Wykoff method, Elliot Wave Theory, volume profile, price action, order flow, diagrams, astral, news, and last fundamentals.
opened short above 44K when i saw the stop hunt and now we will drop to 39-36K.
I was watching this breakout very close when it happened a clear Effort to rise success where we see smart money bought in to this Autonomous technology company. This is a main competitor of ARGO AI who is the provider of autonomous technology for Volkswagen. My target buy was $1.54 and today with the Nasdaq crash we have come into the buy zone. Buy Zone is $1.54-$.92
we had a clear signal to enter short 5 days ago and this was the entry I took and my Targets. I see a few assets being squeezed like ONE, LINK,FIL, and FTM...but the majority and especially meme coins are looking to crash hard. I got rid of all my MEME's like DOGE and SHIB a long time ago! I expect them to die and network tokens to rise this quarter.
Fibs show we are looking for $16.30 target on LINK. I'am shorting to that zone but I am feeling like we could see a wick down to the $13's
the order flow is clearly still down and the fibs put us back down to 42700. I think we could see a wick down like before into the 30's maybe we could hit 37K easily.
As I have been saying we are going to correct for several months and I still expect another big drop soon because there is never just one drop it is always 2 or 3 before sideways. Not even thinking about dropping my short on ADA till $1.05 and won't buy any until .89 because the fibs show we are likely heading to .83-.63 with a wick down at some point to wipe out...
So this is the re distribution phase coming to a close with a type 2 schematic a classic head and shoulders and we ever had a spring on the 15M. I am looking to see a move to 47k maybe 46,600 and possibly a retest of 42K.
We are still clearly trending down and don't forget we had a wick down to .89 recently so I am not looking to buy back into ADA until under $1 In the meantime I am shorting every drive as the energy runs out till i see a change in the bias.
Fibonacci retracement on MDX token. This has been going down severely ever since they dropped their APR on those that locked up their MDX for 1 year. So it has seen an 84% decline. But this is a potential player in the defi space and if they can bring back the APR rates thy could survive but for now I am very interested what the next week will look like. But I...
We see bullish divergence happening on the lower and higher time frames. Targets 1 and 2 are in purple boxes. My opinion is that there is not really any good trades right now. I'm not buying anything yet and not trying to get caught in the next shakeout. So I am still hunting short entries. I will be looking for a schematic at the target levels so see if I get one...
Here is a breakdown on LTC because some have complained about my call to short LTC. I have not changed my bias. I want to give an example of the phases as I see it now and what I am looking for before I go LONG. This will be interesting for breakout traders since they usually don't realize that the break and retest trade is contained within phase C and may or may...