- A move the next Demand Zone is on the cards, most of the indicators are pointing in this direction - Notably our home grown Indicator Steamroller - After this a move to the 50 Fibs - Which lines up with liquidity on the left as shown by the white line - This would complete a H&S scenario and could see us close the GAP and move to around that lower Demand Zone.
Good morning everyone! We had a decent discussion yesterday, about the trajectory that we thought BTC was going to go in. With all the talk around the Mt Gox exchange funds becoming available soon, alongside some solid TA factors, we deduced that it would with a high certainty move to the downside in the immediate term. - We observed the 78 Fibonacci resistance...
Good morning! Taking a look at BTC/USD today - The volume is still low, too low for my liking & it’s causing sideways price action for the moment. - As a result of this, we’re not making any LL’s or HH’s, so we’re in a stagnant place for BTC, to guess the ultimate direction of this asset at the moment is pure speculation, however we can use some of the...
Been following ADA for quite some time now, expecting more downturn on the Higher Timeframes due to the Demand Zones that have been nicely placed underneath it. - We’re hanging around this 0.07 Demand Zone now, with a number of the Indicators giving us the Oversold condition. - What I’m looking for is for PA to respect this Zone before expecting any movements,...
Been speaking about this Index Heavily, this movement is to be expected & I’ll explain why. - This Demand Zone that we are moving through today was a 4H Demand Zone, it was Low Quality, meaning there is levels underneath it that are formed on Market Pivots, which yield Higher Quality Demand Zones - There are a number of Levels in the way of the Main Demand Zone...
Been following ADA for a while now, both the BTC & USDT pairs. - Firmly heading towards a decent quality Demand Zone, we have bounced of this Zone historically back in June - I’m looking at this level to be respected when we do reach it as we were back then - That long wick moved down to the Demand Zone underneath, but I’m not discounting this current Demand...
Good Afternoon everyone A quick look at BTC to see what we can expect over the course of this evening and tomorrow. - We’re currently at this 50 Fib level now, this is the level that we’ve been really looking forward to for the last couple of updates - Currently, we’re overstretched on this timeframe (the 4H) with our home-grown indicator Steamroller giving us...
Good morning everyone - A push and close over 10580 was the key to heading for the next Fibonacci level. - Our In-House Steamroller indicator giving us a clear outlook on what to expect on this timeframe, we're now reaching that overbought level for the second time up against this 38.2 Fib level now. - The next target would be that 10800 level, possibly...
- Updating the trade Idea - Looking for that next shoulder to form, a push back up to that liquidity area formed along that white line resistance - Currently sitting on the Demand Zone formed on the 29th of June.
A glance at BTC. Right now, on this 4H timeframe, we're seeing this Demand be respected quite nicely. That is pretty much where it ends though, the pushes are quite weak, with the move overnight not attracting a whole lot of volume. In regards to the regulated markets, I was looking forward to Labor Day in the US which is pretty much today over there, so that...
Good Afternoon Everyone! A glance at BTC, I'll keep it short & sweet. - Right now, we've been respecting the TA that we've been sharing to the $$$, super happy about that! - We are SO SO CLOSE to this CME gap at 9600 being filled, what I said earlier & I'll say it again here, statistically, it's likely that we WILL fill the gap there, however I won’t discount...
Good morning @everyone As discussed yesterday morning we got our pull-back, however I was a bit off when it comes to the targets I was looking at. Initially, I thought we'd get held up a little more substantially at those fib levels that I've outlined in white. We did anticipate, on Tuesday night, that 12k would be difficult, as a phycological level as well as...
Good morning all BTC, looking towards that upside movement, around the 11830 level for the immediate short term. We've pushed through this liquidity & Supply Zone that we were hanging around over the weekend which was admittedly of low quality as we discussed just the other day. For a short term play, this would be my pick, that movement towards that Supply...
Good morning @everyone ! Welcome to Tuesday, during yesterday & today we've observed our plan play out, mostly looking at a retest of that trendline + the 23 Fibonacci retracement, the 23 was the one that made sense the most to me due to the liquidity we saw just to the left, which I've outlined with the white line. What I'm seeing with this is obvious, with...
Happy Monday @everyone ! Another week, another opportunity. As usual, starting our week with BTC, after being rejected at that Upper Supply Zone at 12.3k, we discussed that we'd probably see that trendline again, alongside those fib levels which we're respected beautifully. After falling through this trend, yesterday I posted a chart saying we could see a...
Good afternoon @everyone Taking a glance at BTC this afternoon, I wanted to wait until now to do our update just to let the dust settle down a bit before I can say what I think about last night & yesterday’s developments. After we held that Demand Zone at the 11250 level, I was interested to see if we'd continue back up. Some of the lower timeframes, the 1H...
BTCUSD - BITSTAMP | 1h Tex taking the reigns for today's daily update after again, a pretty pretty predictable move that we spoke about occurring on last nights stream. Utilising the VPVR, we spoke about this volume gap if we broke below 11590, but admittedly, I did not expect a wick THAT deep, however I had a couple sneaky buys filled and i'm riding this...
Good morning @everyone Just scraping in for a morning update, during yesterdays update we we're looking at this level of Supply that has formed at this 11800 level. Just as I was yesterday I'm looking for some confirmation on our direction. BTC has been hanging around this level for a short while now and I'm sure we're all getting a little impatient as to which...