Bitcoin broke above 67300 level now there isn't much resistance holding price down until we reach to the $67670 area. We can also expect some sell pressure to come back in that area as its a prior daily support level which could flip as resistance and push price lower. Its around 4.56 RR trade for me but from current price anyone reading should still be able to...
Been a while since I post one of these. Where to start. 1. Trend is up 2. We broke 1hr downtrend at $70500 3. That resistance seems to be flipping into support. 4. If you go to the 4hr you see there is free space up to $71300 so we could get there fast. If the momentum is really strong then we might even break the high at $71800 5. Today is monthly and weekly...
Just following market structure here. Uptrend with fakeout of the higher low. Double bottom confirmation , 15 minute engulfing, trendline break, trendline bounce, fib 78.6 rejection. Tp 1: 2968 at 1hr rejection prior high. Tp2: Fib -27% when new high is created Some other stuff. Potential full close if reject $2968 Long term view expecting eth to push to ATH...
Load up da bag Load da bag. You can read charts, just using price action here. No explanation needed Load da bags lol What are you waiting for?? Don't be exit liquidity FOMOing at the top Load da bags :)
I'll make this quick Expecting a massive pump to close the week bullish! Betting on the end of the correction. Just recently formed a double bottom on the hourly at key support near upwards trendline . Nice little sweep before we did that too. Now we back in alignment with higher timeframe trend . Month bullish, week bullish, daily bullish, 4hr bullish...
I don't think bitcoin is finish correcting yet. It's very close to filling a CME gap that it created last week, chances are it'll fill it. I added a screenshot on the chart. Also there is no major support until we fill the cme gap so that's another confluence. On more recent price action we broke the 41200 support and is currently retesting, however the move up...
Solana been moving a bit boring for a while now but I think it's Time to rocket to $75 to retest prior weekly support. Entry right now is at a good support area with at least 2RR to the most recent high - 3 RR for me with entry at 62.956...And we trending, sure you can find other confluences including the fibs and MA. Tp is 50% at $68...however might take 30%...
It's basic stuff. If market wants to continue then, this is a good place to long with good enough stop around 2230 area. If decides to correct deeper no problem, stop is there. Risk is managed...What? You think am a go all in :), jokes on you. I have .5% risk on this on 2 funded accts . On personal account like 10% isolated 55x leverage ....Hey if bitcoin looks...
Bitcoin will likely go into parabolic mode and warp to $48,000 this week. Why? ...Why not? It's too risky for bears to short before then. First area to expect any resistance is around 43k After that 48k. The goal is to get an entry somewhere here below 41k with 43k target. Hold the rest to 48k. And also look for another retracement entry sub 43k area and...
1. Uptrend 2.Support 3. $2300 is Prior daily support could flip resistance- haven't reach there yet 4. Weekly bullish I could go on and on drop in some random things I don't even use. Point is I think it's good risk to reward. 7 RR roughly from my entry at 2210 area. Stop at 2196 Target is at $2300 however I'll scale out 50% at $2274 given the trade goes in my...
This is an update to previous trade. The analysis is linked below. If continue up I'll close fully at $39,950 just to front run 40k a bit. Currently the pullback is quite aggressive but we'll see. I closed the first position that had a stop at 38567 roughly. The last position stop is around $38,740. That have an 8 RR to $39,950 area.
A New Opportunity was revealed. Bitcoin Long to $40,000 Tp 1: $39,600 50% Tp 1: $39,850 25% Tp 1: $40,000 close Closed my short at break even. I guess y'all want to know why? Main reason is , the 4hr candle close quite bullish and it's above resistance. and trending up. Wanted the short to come down fast print a 4hr candle that's bearish or big top wick....
This is execution of analysis I made earlier with both long and short scenarios. Executing the short scenario unfortunately, I know you bulls can't bear this possibility. Just trading the plan. All it takes is for powell to say 1 negative thing right now in the fed meeting for target to hit. Looking to take 50% at 38200 then watch and decide if should close ...
So for waiting on either of 3 specific scenario to happen before taking an entry. It's a more refined strategy combining some keys things that provided me with high probability setups. 1. For long scenario my target would be $38,830 or as high as $40k. So wouldn't immediately close at $38,830 but would take 50% profit for sure. Entry would be around current...
(Update was made earlier but accidentally privated-copied my thoughts below at the time) Trade Analysis Update: Current Trend: Bearish momentum strengthen as the market closes below the 37660 support area. This indicates a more solid shift in market control from bulls to bears. Positions & Targets: TP1 (37300): Entered at 38100, influenced by hyper...
The market is boring. Unless new bullish news arrive be very careful. Major volatility will come end of the month and first when the fed speaks. This will further impact the market. Am keep it short. We still consolidating and now with this recent aggressive run up they gonna wipe out all the fomo buyers. ALL OF THEM right back to around $37150! Analyze as...
Seems bitcoin is getting ready to continue up -4 higher lows on the hourly , about to confirm by breaking 37468 to form new hourly high. - A short squeeze is likely to happen which would send the price aggressively up to t1 at 37900 Tp2 at 38400 Will re assess then.
4hr lower low 4hr supply rejection 4hr bearish candle close Signs that current price could potentially create next 4hr lower high here. 1hr Fib confluences Also below 50 ema Plus secret sauce confirmation. Caution signs: 1hr double bottom and minor higher low- Sign that buyers are forming higher support. If face rejection near that point will consider exiting...