cryptovatsik

cryptovatsik Updated 

A nice short term play if you made it! I shared in a previous post my idea that since we broke out of the previous level around 7-.750 that just over $9 would be tested and it has now happened however we could still play around this area and break down potentially so it shouldn't be a trigger to go long, this play is essentially over and now I'd be wanting to see...

cryptovatsik Updated 

FTM Taking a cheeky long here, sharp SL inside the OB and would likely just look to re-enter on a tap of the bottom of grey box if I get stopped. Invalidation of this long below grey box, but again if I am stopped I will look to re-enter inside grey, just lower. Take profits laddered up in 3's T1/T2/T3 Didn't have the greatest entry as I wasn't at my...

cryptovatsik Updated 

Gala with a nice rally and pushing up to 7 cents. A minor s/r flip with resistance right above from the low made in May, at $0.065 ish which I expect to continue to act as stronger support with choppy-ness below until I see a decisive break above it. The bullish case is that support being built as this progresses up and gets further away from our major low...

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Bitcoin Logarithmic Growth curves displaying historic price movement since its existence. A lot of discussion now on whether the recent 'top' was a completion of our 4th bullrun or not. We don't know for sure yet, but here are some things we do know at this point in time: - Price has touched the upper band of the Log curve at the end of a bullrun, this has...

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NEAR looking strong and forming a rounding bottom as we speak, want to see this momentum continue and I see this testing at least RED zone and possibly $7 thereafter. Lines below are support, lines above are resistance. Looking good. V

cryptovatsik

Bitcoin attempting to close above the weekly 200W moving average. This is promising if we can regain it and hold above, even if it pumps and chops around for a while it's a good sign. 2 reasons it's good - of course #1 is that we've gained back some strength and stability and #2 is even if we chop around above it before making our final push to ATH's it gives...

cryptovatsik

ETH has had a nice push here, but we didn't have much resistance to deal with, so price shot up like warm butter. If we can flip back into this previous range then we could talk about pushing some major levels around $2200 and $2800. We have formed new support, so that's valid for now. However the real test hasn't come yet imo. Stay frosty V

cryptovatsik

DOT has lagged behind a little and been slowly grinding up. The bulldiv on higher timeframe still performing though in my opinion Flipped resistance into support at $7-7.40 area, with resistance sitting above around $9 If markets start to rally I see DOT hitting closer to $11 Either way, following the green path nicely at this point with a brief back test on...

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BTC pushing up after briefly tapping my buy zone that I had marked months ago - when others were bearish at 18k I was buying. Up roughly 30% but can see this pushing further toward 30k before breaking down. Ignore the noise, stick to the chart, trust the process. *I do not think the bottom is confirmed yet, we will revisit these prices again in the near future...

cryptovatsik

BTC has made it's decision and chosen to follow green path, as shared in my previous post. Yellow circle highlighting the beautiful breakout and back-test of support with strength, RIGHT on the money. Feels good.

cryptovatsik

I posted this as a Long setup, but really just a game of pong between S/R's until eventually one breaks and becomes its counter-part. We flipped a nice area of resistance into support recently, seen in green below and still have resistance way above in red, yet to be tested. All the while we have our own smaller game of pong inside the channel here, with clear...

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What a speedy recover to the range high and smashing back up in a matter of hours. FOMC news reaction? Last time we had a FOMC pump it broke down the following few days, let the chart speak for itself and play the levels rather than the news. Buyers are at least starting to put up a fight, love to see it. Would need to see us break through 23k and hold there for...

cryptovatsik

I first shared this chart 2 months ago, but I like to keep it saved to share over time for a few reasons, one is it is a great reminder for how long this could potentially play out and helps remind me to plan with patience. Second, it's a good indicator for many other altcoins going through a similar market structure that will give us opportunities to accumulate...

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C98 / USDT To be clear, this is not a bullish structure. However if looking to enter a long, my strategy would be to enter in the lower green order block at support as we've tested it time and time again (no reason to enter in the mid-channel). Resistance block above in red that you could target for a long, otherwise boring chop in-between for now with less and...

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Polkadot has a similar story to many alts and arguably Bitcoin itself. It had a decent Bullish divergence confirmation on July 13th, but has had a weak bounce since at only 34% to the high at $8.00 but if we can hold this area of support/demand in green at just over $7 then I think we could see this bullish divergence push higher toward $10-11.00 Below $7 I see...

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Okay, so when markets are undecided it's okay to be unsure yourself, in terms of direction. I think this is a great example of to plan for either direction based on what the chart is telling us. All we can do is have scenario A and B, all the while marking critical points of interest. Scenario A - My TA here may look messy but is simple, there is a range that...

cryptovatsik

Bull Div forming here on the daily and 3 touches of LL's in price and HL's in RSI. Could see some nice relief soon if the market allows it and bitcoin chills.

cryptovatsik

$SRM Adam and Eve formation I drew out a little bit ago and seems to have broken the neckline resistance. A nice bullish pennant breakout with a back-test as well more recently. Depending on what BTC does in the coming days of course, would like to see this neckline (dotted line) hold and continue to trend above the EMA 100/200. I could see this one rip if we...