Tradesman3

Tradesman3

Solana is printing a bullflag right under resistance and has been consolidating for a while. If SOL can reestablish support above $25/.382 fib I expect a quick move to the upside. Fail to breakout of this range, I'm expecting a trip back to the $20 range.

Tradesman3

I'm watching to see if this head and shoulders plays out. A break above the resistance trendline could mean a nice run to the upside.

Tradesman3

Heres my 3-day BTC chart. Seems like btc is smashed between the .236 fib and 28800 (2021 low). I believe BTC will continue upwards. Confirmation is closing candles above 31000. Below 28800 and/or the trendline will be my invalidation.

Tradesman3

Support at .1047 needs to hold but algo is looking to change trends here and make a push up.

Tradesman3

Looking at the ethbtc chart, I'm looking for a double bottom at the .618 and .65 fib and a breakout of the falling wedge for confirmation.

Tradesman3

Looking to buy some UNI if we get a pullback. Looks like it's primed for a push to the top of a large accumulation zone.

Tradesman3

To establish some upward momentum BTC needs to break and hold 45500, last trading range support. That would give me confidence to long. On the flip side, BTC may be making a bear flag and could fall to the .786 fib if it plays out. Looking for a rejection at the 44200-45500 range to short.

Tradesman3

I expect btc to bounce back up to the 59.5 at least, could even put in a new all time high. What I would like to see for this to play out is for btc to get some upward momentum going by flipping 52,000. My invalidation point would be a close under 45,500, which would break the support trendline as well as losing its local support.

Tradesman3

Looks to me btc is in an ascending triangle, this pattern could take us back to the 60k range if 52k is broken and held.

Tradesman3

Analyzing the dominance chart for btc and others, BTC.D has made a triple bottom and currently on support while OTHERS.D has fallen out of a giant ascending wedge and has made a retest that's also acting as a double top. I'm expecting lots of volatility soon, not sure on direction however. We could be seeing a btc led pump to new all-time highs, or we are seeing...

Tradesman3

The pump today was nice, question is was this just a relief rally before going down more or was this the start to a bigger rally? BTC needs to reclaim 50k with some conviction if we are to see 53k and higher. If BTC fails to reclaim 50k I'm afraid we could see some volatility to the down side. You can see we have rejected the simple trendline and have hidden...

Tradesman3

Expecting btc to pullback some due to the head and shoulders. If it plays out the H&S has a target price of 47300 with support at 46500.

Tradesman3

Luna may have formed a double top. Personally, I opened a short at 81.5 with a tight stop loss. Using the short as a hedge on long term bags for LUNA as well as took some profits. Could be heading to supports at the .236 fib or .382. Also Luna has broken down of a rising channel on the 4 hr rsi plus a bearish retest, bearish divergence on the rsi as well.

Tradesman3

Symmetrical triangle has a target of 38.5 with support at 37.4.To counter the bearish pattern I do see a descending wedge as well which could be a bottom forming, losing 45.5 would invalidate the descending wedge.

Tradesman3

Just a simple measured move either way on this triangle. Major support at 37.4 and major resistance at 59.5

Tradesman3

My target for BTC on this bear flag that formed last week was hit. BTC is now printing a bullish divergence on the 4hr rsi. I'm expecting some upside from here.

Tradesman3

Btc spiked up and rejected the once support trendline on the bear flag, now acting as resistance. Lets see if my target at 46 is hit here

Tradesman3 Updated 

Short setup here, btc is approaching a few former support trendlines and I'm expecting a bearish retest. Probably wont see lower lows here but a dip to 46k-42k is definitely on the table. My entry was 51900 and stop loss is 53701, dca'ing up to 53k. Targeting 49k, 46k and 42k.