cloudwalkerxbt

cloudwalkerxbt

Lots of charts looking the same, KCS here with the 3rd round of former support tests and getting tight. Not bad R:R but weekends can be weird.

cloudwalkerxbt

ETH is in the peak of a bearish continuation after the heavy drop to sub-1k levels. Invalidated with a close/hold above that 1281 level, but not bad R:R if this plays out. I see a lot of bullish sentiment on my timeline with this recovery off the lows, but IMO it is not close to over yet. Macroeconomic environment is still horrible.

cloudwalkerxbt

Bitcoin CME Futures tends to fill gaps time and time again, with the most recent/significant gap fills being at 32930 , 24605 , and now looking for a third fill around 18500 . Not guaranteed, but they have each worked well as targets recently, and with current sentiment and macro outlook, it makes sense to me to see us fill the sub-20k gap, possibly even...

cloudwalkerxbt

With this huge range Bitcoin has been trading in, this recent fakeout on the 27-28 feels like the 31k fakeout on the 15-16 of this month. Not a big diagonal guy, but I like the level break here if we can hold it/29k. I also don't trade on weekends so this is solely for thoughts and ideas, not even paper trading this. Break of the 29k level and I'm thinking we...

cloudwalkerxbt

The Dollar has been on a rampage, with $DXY up +12%, give or take, since this same time last year. If we are to continue higher, which macro-wise looks like the likely scenario, I would like to see the 102 level hold here. With such a steep runup, however, I stronger pullback seems needed. IMO, a drop below 102 > 100 could also see Bitcoin see its relief rally...

cloudwalkerxbt

Ethereum/Bitcoin is testing its major trendline resistance after 2 weeks of rejections and now a 5th attempt to break is really trying hard. This goes hand in hand with the 1D/3D support trendline that it needs to hold. A break here would signal a support hold on the HTF, while a break would be, well, ugly. Lot of recent choppy price action in the area where the...

cloudwalkerxbt

Bitcoin has been dancing in the 29k to 31k range for about 2 weeks now, showing continued selling pressure at the 30.5k level. As much as a pullback/relief rally feels eminent and almost logical, I don't see any type of confirmation for that type of move. Logically speaking, a play down to the sub-30k level, even to sub-29k, seems likely. However, I'm not...

cloudwalkerxbt

$ONE with the possible descending triangle fakeout which has now turned into a support break and hold under. Still a lot of time on the 3D, but the LL is not pretty. Levels are as shown, invalidated above .053 again.

cloudwalkerxbt

$ALGO / Algorand with the clear break and hold under the .559 key level stretching back 3 years. Already a bit low for my liking, but target levels are as shown. Invalidated with a close above .56 again.

cloudwalkerxbt

Major support break on the $MATIC 3D around .75, with the new LL made around right around .5 Clear support break, and the retest and failed thus, like many others. Levels are as follows, invalidated with a hold/close over .75

cloudwalkerxbt

$DOT / Polkadot has broken a huge 3D support around 10.57, shown with the recent 3D candle's retest and failure, thus far. Big sell volume as well on the drop indicating it is likely a true move and not a fake. I have not traded an Adam and Eve before, and this looks to be a variation of such, I think, don't quote me. Levels are as follows, invalidated above 10.6 close.

cloudwalkerxbt

$RUNE has broken and held under the huge 3.3 support level, show with the large wick retest and failure on May 13. RSI is already very low, so trend is clearly bearish but may see some consolidation for a bit. Possible levels of support are as shown.

cloudwalkerxbt

This recent $DXY move over the 103 area looks great to me, if it can hold. This odd 103-105 zone hadn't had a candle close inside the 80s I believe. A reclaim of the 105 area and IMO 110 is very attainable, especiaally in this macro-economic siutation. However, it has printed only 3 red months since June '21, so a small pullback soon would not be too...

cloudwalkerxbt

$XMR performing well against the market today, but looks to be ranging after seeing resistance at former highs. RSI following the same range, with MACD looking to roll over to bear momentum for now. Has performed substantially well all things considered. I personally hold $XMR long term, just want to disclose that whenever I look at a coin I hold.

cloudwalkerxbt

$MTRG has had a beautiful last 2 months but recently saw a pullback, and is now seeing big selling power near the mid-4s. This bearish engulfing tweezer at the significant former support is very bearish, plus the slightly above average sell volume. Add the RSI support trendline break and retest, and a deeper pullback looks imminent.

cloudwalkerxbt

$AAVE recently testing that 140 support over the past few days, seeing sellers near close here, and will need buyers hard tonight/tomorrow if it wants to hold. RSI already broke the support, but I don't treat diagonals with much validity. Either way, with the overall market trend, it doesn't look hot. 112 is the next very clear support, could see some action...

cloudwalkerxbt

$DOT seeing a harsh downtrend on the 4HR, seeing recent buyers at the 14.5 level. IMO if we lose that, we see 14 even, lose that we see low 13. RSI and price seeing resistance simultaneously. On the flip, if buyers can hold 14.5, this could be a decent breakout point. RSI resistance break could give an early signal. Note, I personally see the recent RSI break...

cloudwalkerxbt Updated 

$ATOM currently at a major daily support level at ~20. 4HR doesn't look the greatest IMO, but nonetheless, a close under 20 and it could be ugly. I'd want to see a reclaim of 22 or 23 before feeling slighlty bullish once more.