After that stupid run on VET, could it be over? If we're looking at the indicators... yes.. HOWEVER. On the side of the bulls One thing I do like about about a potential bullish scenario is that all the moonboys are on board, which could see it push higher after this retracement, despite the evidence telling us we're going down. If we continue to push from...
Ahh steamroller how we love you so, yet AGAIN it gave us the goods right at the top of that move and as we charted last night, we're looking for that retest around 480 -470 sats. Could be a quick little 20% at 10x on that one if you're trusting your TA enough to put a short on, but i'm going to wait for that point to consider my next long Why those levels hold...
BTCUSD After another 24hr in bitcoin, it's not looking any better just yet. On the daily, we've pierced demand yet again, with a near perfect touch of the 61.8 fibs, with no new higher highs occurring. Sentiment remains the same from yesterday, although things aren't looking any better for the bulls at this stage. This daily doji represents indecision in...
BTC has reached a major line of support here and it could be bad news for the bulls... IF, we can maintain control of this area and make our way back up and over 9250 and that minor supply block. ON THE SIDE OF THE BULLS: 1/ We have pierced demand (as we have 2 times before (08/11 & 9/11), where we saw a short-lived rally up to supply @ $9156. 2/ We also...
Still chopping inside this range and not getting excited about any bullish moves until we pop above 9540, where i'll look to add more BTC to my portfolio. As mentioned inside our discord, we feel this is the area we will range in, with one potential last shakeout down to 8.6 to liquidate any longs and start another substantial move up. On the 4h, we're flirting...
Last night, I was waiting to see whether or not this Supply Zone would break, if it did, it would have created a HH and created new structure, confirming the break in that downtrend. But, this is why I always wait for confirmation, because even though we broke and closed above the downtrend, the Supply Zone was the target for new structure. In failing this, the...
Interesting times ahead with all the talk of the next big recession on the horizon and many markets reaching ath's and taking big dives, governments falling deeper and deeper into debt, housing markets long over due for a downturn and the banks playing all sorts of buggery on interest rates..... Its a little known fact that GOLD and other rare commodities can be a...
We have seen push after push on LTC over the past few months with plenty of signals for a retrace and just not getting it. We generally get bound up in a tight range after each pump and eventually volume spikes as the indicators chill out on the daily and we are off again to the next level of consolidation. Our algo still spitting out exhausted trend signals as we...
I always pay close attention to Walton and have noticed volume been building really well lately on its up trend which is a good sign. We where waiting for a significant pull back to find an entry to push to the current supply level around 3700 or so. We got it and had the break on the retrace last night for bullish confirmation, looking to double up again on a...
Ty asked me to have a look at VIBE again today after noticing some interesting patterns we have seen play out well before, similar fractal patterns that happen after we find interesting price movements like those random 80-100% pumps. These can some times be from pump and dump signal groups that have plagued the crypto space from various influencers but some...
Some of the boys last night spotted some bullish signals on WAN so we set up some lower buys last night with the anticipation that BTC was going to have a rejection soon as the current uptrend was exhausted. Sure enough using our DCA strategy all three entries hit putting our avg entry at around 979. happy with that so far although looked like there was some...
we have already had a touch through supply from this previous chart and its reaching up for another go again, if we can breach this supply level and find support on it i can see another target of supply some 20% up. Profit already taken on supply but looking for the break above and support before re entering, the volume is there but imo the indicators need some...
Another one with a pumped volume thats sustained a steady uptrend is QTUM, we have made some trades on this already as we picked a giant inverse H&S weeks ago waiting for the neckline to break, we did break but was a couple of false starts as we walk closer up trend to crunch time. On the smaller time frames we have some time to retrace back to trend so only a...
Those who have been in our trading group since inception knows my attachment to OMG and the way i have studied this chart for some time, one of only a few crypto currencies im actually bullish on long term to deliver fundamentally. We have been chasing this bottom for literally months and ill post some charts in the comments to show what we where looking at all...
EOS has been consolidating nicely in this zone for a few weeks now with plenty of orders taken as we tighten up with volatility. i can feel an impulse coming very shortly maybe waiting for a catalyst like btc making a more or something. Can see over all fib retracement levels playing effect on current movements and running trend based fibs to set targets on this...
ZRX is one our crew has been trading a lot over the last 12 months, its been in a strong down trend and to be honest we had lower targets in mind for a strong buy but its started to consolidate and build a new v bottom over the last month which is getting strong, now making higher highs and higher lows, i can see an EW set up building as well, this push which we...
Got my eyes on some STEEM at the moment, its had a great few months spitting out some great trading opportunities and confirming these supply levels already. We can see supply created back in November last year with the drop out of that large consolidation area before the market made a decision, this was acting as a solid resistance for the past 5 months so far...
Bitcoins uptrend has been sturdy and held its ground even after numerous reversal signals but i think its just about done for now. Exhausted up trend and selling volume starting to take over now after weeks of low volume indecision with slight buyers bias. The volume is still in a steady decline and as the sellers take over i believe we will start heading back to...