highleverage47

highleverage47 Pro+

As ETH starts to look like the market indicator (up over 30% against BTC since the bottom), this is a brief outlook on future resistance and support. Above the lower lines of support, the bottom of the daily EMA ribbon (1340) could be another strong area of support On the other side, horizontal resistance can be seen on...

highleverage47 Pro+

BTC is testing the daily EMA ribbon, but failed the previous two attempts. Both failures led to over 40% dumps so hopefully this time is different. However, if the trend continues and BTC dumps 40%, it would be in the $13,000 range.

highleverage47 Pro+

Ada potentially gearing up for a big move with this inverse head and shoulders set up. These aren't the strongest performing patterns, so be patient when trading. It is also hard to be bullish while ADA is under 1.00, but this could change everything if it plays out. The price target of this pattern is the 1.60 range, a 75% pump. We are also testing key levels...

highleverage47 Pro+

As the 4hr EMA ribbon flips bearish, Bitcoin is facing consolidation similar to the last time it flipped. If this bearish scenario repeats, we could see a 14% dump to the $33,000 level . Despite this bearish pattern, some signs of hope can be seen for the bulls. Right before the last pump, the price fell below the recent...

highleverage47 Pro+

This dip could be setting up a wyckoff accumulation schematic. If this confirms, there will be opportunities for trades in both directions. The same accumulation schematic that I was previously following fell apart between phase D and E, but that was on the 1hr chart. Zooming out to the daily chart, ADA is also running into extremely heavy support between 1.02 and...

highleverage47 Pro+

If BTC repeats itself from the last time the ema ribbon on the 4hr couldn't flip bullish, we can expect a deeper cut. This price target would also coincide with the head and shoulders pattern I posted about in December I closed my long positions as candles closed below...

highleverage47 Pro+

For the first time since the $51,000 range, the EMA ribbon on the 1hr chart has flipped bullish. With the RSI also holding the 20 ma, the idea of a long could be entertained. I am personally waiting for the price to break the 4hr EMA ribbon and close above before I enter a long position, shown here I would also like to see...

highleverage47 Pro+

As BTC Dominance approaches all-time lows and shills are screaming "alt season", it is important to keep our eyes elsewhere. Yes, it is true that alts pump as dominance falls but there is a bigger picture playing out that is much more important. This is the possible start of a bear market because last time we saw dominance this low, BTC dumped over 60% in less...

highleverage47 Pro+

Things are getting tight for ADA on the smaller time frames, which could set up a nice trade in either direction. Things to keep an eye on are the EMA and MA ribbons, as they will be acting as resistance. Shown below for reference Potential trade setup: ...

highleverage47 Pro+

BTC is showing a potential head and shoulders formation, similar to before the dump in May. If this pattern plays out, we could be retesting previous lows of 30-28k . Although I am remaining bullish and buying the dip, it is important to see both sides of the market and be prepared for downside. On a bullish note, you could also say BTC is following a similar...

highleverage47 Pro+

The Wyckoff Accumulation Schematic has been playing out perfectly, as consolidation was predicted on my previous update. As ADA enters the long zone, be patient and wait for full confirmation. Here is the chart from my previous post for comparison For the full previous Wyckoff update click the chart below...

highleverage47 Pro+

As we enter the previously projected price range, the schematic tells us to expect consolidation. The target range is between 1.50 and 1.45 with a possibility of 1.40 . Zooming in on the charts, here are the potential measured moves projected by the schematic The volatility of crypto plays a roll in the slight...

highleverage47 Pro+

ADA potentially gearing up for another move to the upside if it keeps following the schematic. The current retest of important levels was predicted from following the accumulation schematic, indicating the next move should be towards the 1.53 - 1.57 area . Wyckoff Accumulation Schematic for reference: ...

highleverage47 Pro+

Previously I posted a general trend that could be taken as a wyckoff accumulation schematic on ADA/USD. While the volatility alters the structure, I hope with the lines drawn it paints a better picture. Wyckoff chart for reference: forexop.com

highleverage47 Pro+

Bull flag forming on ETH/USDT. Looking for an entry on the third touch point with a tight stop loss (small green arrow). To the price target of 4250 it would be a 4% move . The reason I'm bullish is ETH is oversold against BTC and could create a potential bounce, seen here with the RSI on ETH/BTC The reason I will have...

highleverage47 Pro+

BTC showing signs of a potential bump and run reversal. It is forming a similar structure to the recovery from the Corona dump in March of 2020. Here is the daily chart from March 2020 for reference From top to bottom it was a 63% dump that would take 39 days to break out of the bump and run reversal. The first 40 days of...

highleverage47 Pro+

Looking for input on this Wyckoff accumulation potentially playing out on ADA/USD. There are a few ways to place the schematic, and the volatility of crypto can explain discrepancies but does anyone think the general movement is an indicator for a reversal? Here is the link to the Wyckoff accumulation schematic: ...