ZRX has started showing buyer interest on the weekly. It has slowly made it's way above key S/R level on the weekly, which hints towards hidden buying momentum.
Once it has done the retest of 4710 sats on the weekly chart, it should be ready to go to new weekly highs.
LINK Created an impulse move to the downside on August 16th, as marked in the form of 1,2,3,4,5 impulse count. Expect another leg down after this ABC corrective wave is finished.
Price should see a dip down to .00092687 in the coming week, that support zone is a key support on the daily chart and I expect bulls to heavily defend that level.
That is where I...
Bitcoin pump seems exhaustive over here, it's bound to give us a retrace down to support levels i have marked.
Ideal buy zone would be around 8250 region where the mid range level is, it is also in confluence with the breaker marked in yellow.
I'd hope nobody gets caught off guard trying to long bitcoin here, it could hurt you before finally resuming the bull...
BTC did the much needed pullback, we saw price find support at the mid range level and a nice bounce from there pursued immediately.
If this is the point where BTC resumes it's rally, I expect the red dashed S/R level to hold as support(~11800$).
Targeting Range High almost immediately, once that is broken I am confident it will continue to rally towards...
After showing such a spectacular run up from 10k support, the run up is looking exhausted, however, the liquidity pool at 11130 seems to be attracting price at the moment.
I like the R/R for this long setup, as it gives a clear invalidation level at 10700 as we witnessed a clear stop run before the push up.
However, I am wanting to keep my risk lower and use a...
Its about time Bitcoin Cash gave us the opportunity to long those steroidal rallies, this is looking like a safe bet to get in before the storm strikes next week.
- Daily Bullish engulfing
- Mid Range: .3009 BTC
- 25% range : .03115 BTC (Very weak resistance now, hammered 3 times already)
- Range High : .03219 BTC (Strong...
Bitcoin is finally experiencing the retrace after pumping 1000$ in one giant candle and we have a wonderful range to work with.
- Range High (11069$)
- 25% range level (10763$)
- 75% Range Level (10157$)
- Range Low (9850$)
Longing the breaker (yellow zone) formed at Range Low, Targeting the resistance at Range High,...
LTC/BTC finally showing bull signs, as you can see we broke some resistances on hourly chart and have developed a very clear range just in time before the block halving even happening in 18 days!!!
My plan is as follows-
- Mid Range level (.008697)
- 75% Range level (.008440) ->> Extreme discount!
- First resistance based off of...
We're seeing classic bullish price action on ETH/USD. Higher lows being made, as price comes closer to retest the resistance zone overhead marked in red. I expect a pull back from the resistance zone once before the final launch up to 350$!!
Support - 290.40$
In a bull market, supports are always respected and resistances are broken ;)
Finally we get the much needed pullback on bitcoin.
Price has been consolidating around 11k and has finally shown a clear rejection from the resistance zone marked in red. Expecting a sweep of the lows near 10300 level, will reassess the situation on taking long positions once we revisit 10,260$ level.
Invalidation level for short trade- close above...
Bitcoin has been surprising everyone with it's extreme bullishness, in this video I have marked clear resistance zones which have been broken and should act as support. Moreover, as we approach the much awaited 10k level, managing your risk on your long trades will be extremely important:
New untested support zone- 9442$
Invalidation level- 9282$
We should be in the final round of "buying the dip" before price lifts off to 9700 and 10k levels.
Entry level- 9210$ and 9171$
Target 1- 9700$
Target 2- 10,000$
Target 3- 10,400$
Stop loss- 9045$
Price is forming a bullish ascending triangle, supports are being held, making a third touch at the resistance level, next attempt at resistance will cause a...
Classic head and shoulders inverse reversal pattern visible on lower time frame
Waiting for confirmation on potential breakout.
Once right shoulder is competed, it should be targeting .016002 and .017742 levels
In this tutorial, I give a brief description on how to determine high probability orderblocks using the knowledge of liquidity voids.
By the end of this video, you should be able to pin point a bullish or a bearish orderblock which has a very high probability of holding support or resistance respectively.
You will also be able to mark out inefficiencies in the...
Top down analysis on Bitcoin
Marked out S/R levels on higher time frame.
- Expecting 8300$ level to hold resistance
- 8050$ New support level
Leave any comments if you feel any aspect of the video was not clear :)
Cheers fellow traders!