Somstradamus

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) All my immediate targets have been achieved. The biais has turned bearish since we broke the last daily bottom down (pink circle). The downtrend on H4 seems to enter into a compression (blue). Meanwhile, I've already drawn the potential daily range (yellow), based on the last daily top and the last daily bottom. I...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Party is officially over. The candle on H4 just closed right at the last daily bottom (pink circle) level at ~17600. This means we will either enter this long awaited daily compression or this is just the beginning of a deep correction. The downtrend on H4 has already 2 impulsion waves (white drawing) and therefore,...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) The previous compression breakout we had on H4 was by the top again, but just to go and touch the 19k price level and then be rejected. The biais is still bullish as long as we do not close a daily candle below 18000-18250. The price seems to be currently going for another compression on H4 (blue) again. Things are...

Somstradamus

AXSUSDT Funnel : D/H4/M30 (intraday) The bias is bullish on daily. There is no trend on H4 for now. We can long this if we break the compression on H4 (blue) up, leading to a 3rd daily impulsion wave (yellow) with the ATH as a 1st target. This is a free gift. ————— Entonnoir : D/H4/M30 (intraday) Le biais est bullish en daily. Il n'y a pas encore de...

Somstradamus

ETHUSD update Funnel : D/H4/M30 (intraday) The bias is still bullish as we are in an uptrend on daily (yellow drawing). The trend on H4 already had over 4 impulsion waves and has been slowed down by the flash dump we had yesterday. Therefore, it is not safe to trade anymore. Beside this, we can clearly see that the BB are showing that the price will probably...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) In regard to my previous TA, we finally had that 3rd impulsion wave on H4 and then we had another compression breakout on H4, leading to a 7th daily impulsion wave (yellow drawing) which finally broke the 16000 price level once for all. Impressive BTC. With this flash dump, we are facing a first slowndown of the trend...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Biais is still bullish on daily. Obviously. In my previous TA, I haven't excluded to have a 4th impulsion wave on H4, all the way to 16000/16200. It didn't happen but instead, we had a 6th impulsion wave on daily (yellow drawing) who did just that! Now, it's REALLY time to start to compress on daily. This uptrend has...

Somstradamus

ETHUSD update Funnel : D/H4/M30 (intraday) It's been a while. The bias is bullish with this beautiful daily uptrend that only has one impulsion wave so far (yellow drawing). The price is right at the strong zone of S/R at ~450 and will probably go into a compression on H4 at this level. Things will become interesting if the next compression breakout on H4...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Based on my previous TA, I didn't expect this 5th daily impulsion wave (yellow drawing) but when I saw this double breakout setup on M30/H4 (2nd green arrow) passed the 14k, I went in straight. The uptrend on H4 has now reached its 3th impulsion waves (white drawing) and is right under the next zone of S/R at ~16000....

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) What I've said exactly happened: we touched 14k + there was no 3rd impulsion wave on H4 + we're now entering into a compression on H4 at this price level. Seeing the BB on daily, I foresee a daily compression somewhere between 12500 and 14k. Nothing to do anymore on this beast. ————— Entonnoir : D/H4/M30...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) The bulls won and my green scenario happened with a 3rd daily impulsion wave (yellow drawing) which, I think, can lead us to touch the 14000 psychological level. The uptrend on H4 has already 2 impulsion waves (white drawing) and, in theory, we could expect a 3rd one. But, I'm doubtful as the ~14000 is a very important...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Finally entering into the expected compression on H4 (blue), just a little bit higher than I thought tho because the uptrend on H4 generated a 4th impulsion wave (white drawing). This seems to end that beautiful 2nd daily impulsion wave (yellow drawing). Now let's see if the next compression on H4 will break by the...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) I've assumed a little bit too quickly that the zone of S/R at ~11800 would not be broken before we first achieve a daily compression at its level. I was wrong and I could have anticipated that in a way that the daily uptrend was still young with only one impulsion wave (yellow drawing). Anyway, we had a 2nd daily...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Nothing much on BTC except that the 3rd impulsion wave on H4 (white drawing) has reached my target at ~11400 as expected, followed by a bull trap to ~11800. Even if the bias is still bullish on daily, there is no trend in H4 and I suspect the price will re-enter into a daily compression at ~11500 zone of S/R. Nothing...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Everything went out as planned with a daily compression (yellow) that occured exactly around ~10500 price level. The bias is now bullish on daily with this daily compression breakout. The H4 is in an uptrend with already 2 impulsion waves (white drawing). I expect a 3rd impulsion wave that could lead the price back to...

Somstradamus

UNIUSDT Funnel : D/H4/M30 (intraday) There is absolutely no defined bias on this thing yet. At this point, this is pure gamble. The bias on daily would become bullish if we close above the last daily top (pink circle) with a compression breakout on H4 (blue). If it breaks by the bottom, we might enter into a daily compression or a daily downtrend, depending on...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) The daily compression scenario is still on the table and, in this case, there is nothing safe to do. But we could also consider a temporary bullish biais because we are in a clear uptrend in daily (yellow drawing) even if the BB seem to close. In this bullish bias scenario, we could have 2 outcomes: 1/ The current...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Again, my previous TA was on point. Indeed, we had a still-ongoing compression on H4 (blue) and it is now very likely we're going for a daily compression at the same price level. This would be great for the alt to keep recovering. However, if the compression on H4 breaks by its bottom, we might see another daily...