Morning crew! 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...
Morning everyone Last night on our daily live stream, we spoke about the likelihood of us tapping this demand zone again, as we've been saying all week. We've JUST front-run the demand zone, but this re-emphasises the point we make about a solid dollar cost average strategy, where we're not looking for exact dollar amounts, but a low average buy in price. A...
Not much changing with ETH as we continue to range here between 2.5 - 2.8k. Daily close hasn't given us anything definitive, but I still stand by us moving through this 2.8k zone, where we'll see a move up before we make further decisions on overall direction. If we can hold and close above 2.8, a pop to the mid 3's would be on the cards IMO
A LOT of nice-looking alt setups happening at the moment, with a number due to pulling back into my ideal pickup zones. Daily TF, not telling too much right now with this doji, so I'd like to wait until the daily/weekly close to get an idea of where we might be headed. But overall, we know April is a good month for crypto and the same will be said of BTC. It's...
In this video idea, we look at the possibilities for Bitcoin over the next day / few days. We look at what we expect, pending some more information to be given to us in the form of market structure over the course of the next few days!
BTC has now hit our target from our Tuesday night update with a bonus $300 thrown in! Gravytrain indicator called it from top to bottom, to top again.. A decent push into this supply and I'd be interested to see if we get a little push into the daily close and today into that 38k level. Would be good for the USD pairs if we do continue to push and good for the...
Pushed out of triangle like a bat out of hell and straight towards that 27 fibs, which was our first TP level after Tuesday nights market scan. With the speed in which this pushed I'm yet to take any profits on my positions until we get a confirmed pullback. Could potentially see a pullback to this top supply, now turned demand. however the next TP level for me...
With the failure to make any recent higher highs after that failure to stay above $165 and the we have pierced through this current demand at $120, make me cautious on seeing anything above $140 short term. If we were to continue up to that $140 zone, that's where i'd be closing my positions and waiting to see what the TA and reaction at that point tells me. I...
As expected, we hit the UNICON 50 line before this retracement. Sitting riiight on this 61.8 fib level and demand zone and right below our 50 RSI 33900 is going to be the challenge for us today leading into this daily close and see if we can get another tap of that overall trend line, however looking at this structure of LH's and LL's, the TA says that a touch...
I spoke about the potential of a double bottom at this area (from the chats above) as there is definitely some buys stacked at that level, the concern for more downside is how far we've smashed into that demand zone and if another re-test occurs, the strength of it holding will be great diminished IMO. We've also made a LL with that last touch on demand We've now...
ETH (Although not technically making a LL on this previously retest of demand.. we've had a similar reaction, making a double bottom and now trapped under this 50 fib and cloud resistance. There's still a lot for ETH to get through if we're heading back into the 600's.. To be clear of this down trend, I'd want to see a close and hold above $580 over the weekend,...
Our UNICON indicators doing it's thing and giving us the down signal in advance and those EMA's we spoke of this week appear to be too strong to allow BTC to continue to run higher... We've now got double bottom scenario we spoke of and another test of this demand zone. On the side of the bulls and a potential holding area - We've got our 200ma, 38 fib and...
We look at BTC! Where it has gone, where we expect it to go and the nature of this market!
Very happy to be sharing on TradingView - In this video we describe what we're seeing on BTC! - We'd love to hear from you in the comments! Enjoy!
Our TradingView Video debut! In this video idea we look at the possibilities for Bitcoin over the next day / few days. We look at what we expect, pending some more information to be given to us in the form of market structure over the course of the next few days!
- Our first Video IDEA on Tradingview! - My thought process outlined in the video, let us know YOUR thoughts!
Evening All Few things I would like to point out with BTC. - Rejected currently off this Daily Supply Level at 11730 - Now trending below the 61.8 overall Fibonacci Retracement Level - Most IMPORTANTLY, our in house indicator Steamroller just touching the overbought RED condition Looking like we’re headed down towards that relevant Demand Level at 11150 for...
Afternoon All After updating our previous chart on Z1P this is what we’re looking at right now: - We’re currently at this key level of liquidity, we we’re seeing a lot of sell pressure mounting around that $8 level. - This lines up PERFECTLY with our 50 Fibonacci level & somewhat completes the right shoulder of this huge formation - If we’re to see this play out...