Back again after our absence last night!
We're having a discussion about what we think is going to happen & what we're LOOKING FOR when it comes to price action.
Make sure you let us know you're thoughts below!
Well, here we are - Back at 40K!
It's been a good ride & might I add a predictable one - Steamroller, Supply & Demand and even RSI giving us the green light on multiple timeframes!
Let us know what you think and you think is going to happen in the comments!
Back again - A follow up on our thoughts from yesterdays video, be sure to check that one out!
Tonight we're looking to see if this Demand is destined to be broken ....
What do you all think??
Back again after a few days off - I must say we're enjoying being on Tradingview, there is certainly a lot of you!
Tonight we're looking at the bigger picture, was can we expect to see and what we think might happen long term.
We back that up with some lower timeframe analysis.
Let us know what you think !
Visiting this re-test of the liquidity we most recently fell through, the next few days are going to be crucial at learning the absolute direction of this market.
Are we going to call 30K the bottom? Or are we destined for the '20s?
Let us know below!
We're at a pretty significant 4hr and 1D position for ETH right now, we had a perfect rejection and now another re-test of this supply zone and we've busted through this top supply and are just about to kiss our 200ma.
2250 needs to become support and i'll be looking for the upper regions of 2.6 as a bit of a hold.
Either way, we eat it here and head back to...
Talking about BTC, we spoke about the relevance of 30K last week alongside the major level of Demand and how that level came about. Now using the Zone as a springboard, does BTC have enough in the tank the move through 35K and towards those upper levels of the market.
Tonight I have a look at BTC ... We're seemingly looking more and more towards 30K ...
- The key levels
- Our Key indicator metrics
- What would the play possibly look like?
- What levels on what time frames
Been meaning to share this for the last week or so when I mentioned I'd do a Wyckoff analysis... well here it is.
Let me just state that I am NOT claiming to be a Wyckoff expert and you will see many different versions of this soon I'm sure, but I've been sharing these for the last few years now and have come to recognise these similar patterns play out across...
Although we got a close below my 35.5k level, we saw a mini re-test of that 34.7 area and now a subsequent breakout of the volume value area (highlighted in the purple box, indicating the higher volume being traded within that area), plus we also moved beyond that diagonal holding as resistance previously.
We're now sitting right on this 200ma, which we haven't...
BTC doing what we expected from this weeks update after just front running that demand zone.
We knew there was liquidity at this level and the buy up has a little more promising...HOWEVER
We're still in a descending structure and until we make a HH above that 40 zone, we'll play the range.
Looking at our 4hr indicators we have some room to...