MentorLuc

MentorLuc

THIS IS AN EXAMPLE OF A CCC IN CMM SYSTEM. CCC - Confirmation Candles MACD Bullish Cross MACD Buying Pressure RSI 30 for extra push

MentorLuc

#BTC has a very high correlation with #NDQ #SPX for a number of months now and as we are all aware that the macroeconomic situation is not looking good. At least for now. So since #BTC and the US Markets are down, we as traders or investors, our job is to analyze and find key level support. So I have here to support lines which I got from a downward Fibonacci...

MentorLuc Updated 

LUNA broke the support trend line - Left Hand still playing out - Wait for .618 level to be broken, CCC with MACD confirmation Plan your trades, trade your plan

MentorLuc

Here is my TA for BTC Bearish Scenario You can see the trendline support lines that BTC can break and fall to support. Bullish Scenario BTC price can go down to form a Right Hand and respect the trendline resistance as shown in the chart before it breaks out. You can see also the major resistance levels (Golden Ratio) of the Daily Fib Retracement Plan your...

MentorLuc

SOL has broken down already from the intraday support trendline, now retracing upwards but I see no buy volume. It can go down again if the .618 fib level becomes a resistance. - Reverse bounce play - Wait for macd to confirm

MentorLuc

XRP now in Apex of Consolidation. We might see a breakout soon if it confirms.

MentorLuc Updated 

RUNE confirmed TSBD - Left Hand on multiple time frames - Vol weakening TP levels - $9.63 area

MentorLuc

- apex of consolidation - big right hand in the daily time frame - it can go very bullish soon IF IT CONFIRMS

MentorLuc

- already in the apex of consolidation - wait for a CCC TRBO

MentorLuc Updated 

- LUNA 4H confirmed TSBD - Break down from BB50 as well 4H - OSURE already - Left Hand still playing out in the higher time frame (MACD and RSI) - Wait for a CCC in 2H atleast. Break down from the .618 Fib Retracement - TP level around $69 or $70 level. If it confirms.

MentorLuc

- Confirmed Break Down from multiple 618s from Fib Ret and Fib Ext I'm shorting LUNA right now

MentorLuc Updated 

TRBO SETUP 1H Time Frame -Already have Right Hands on multiple time frames -Break out already but no CCC yet -Enter on CCC -Wait for MACD Bull Cross 1H My TP areas are 1.618 and 2.618 Fib Extensions

MentorLuc

-TRBO Setup -Right Hand on the hourly time frames -tp at .618 Fib Retracement

MentorLuc

Confirmed BOUNCE PLAY for LUNA in the 4H time frame. -bounce from .618 Fib Retracement -bounce from trendline support -good volume -MACD Bull Cross in 4H I entered at $92.85 with 5x Leverage only I am planning to sell on the previous high but will continue to monitor due to fundamentals, maybe sell on tranches. STAY DEFENSIVE!

MentorLuc

BTC MAJOR SUPPORT AND RESISTANCES -Currently in the Apex of Consolidation -We're not yet out of the woods! STAY DEFENSIVE!

MentorLuc

BULL SCENARIO - already have a right hand in MACD in the 1H time frame - apex of consolidation, .618 fib retracement supporting - can enter on a bounce play if it shows good volume, exit at trendline resistance - re enter if it breaks out. TRBO Play with CCC BEAR SCENARIO - Next week will be very volatile due to the interest rates announcements - RSI in 1H time...

MentorLuc

potential trend resistance breakout for FTM in the hourly time frame right hand in MACD and RSI 30 @ 30 wait for CCC and STAY DEFENSIVE!

MentorLuc

- wait for confirmation breakout - bullish convergence on MACD