So far no follow through to break out of 8400. Break and close above here - then its game on again to target $9500.
Currently chopping around in Bart land, and expecting more of the same though.
Expecting CME to be filled, and a clear Liquidity gap down further below. I expect low $7k to be tapped...but...the question I have is will the market allow $6k entries...
I like KMD. I like its eco-system, and I like the token.
I've been waiting for KMD to retrace.
The scale of the alt retrace has been stronger than many expected - but it offers up new opportunities.
I will keep watching for the Market Structure to hold for an entry, no point risking all in from here, wait for confirmation for the sake of missing out on a few % gains.
Seems like the 'News' release from Tether investigation earlier was timed wonderfully and resulted in the perfect price action.
BTC was looking bearish, so it should not come as a surprise to the sell off...notwithstanding the release of the news did 'help' with the speed of the sell off.
You'll see from the chart the magic 705 number appears yet again as the...
Good news slowly filtering through for ADA.
Team has been working strongly behind the scenes - minimal fuss, and Shelley brought out a strong move upward.
Looking to catch the retrace for some follow up action. Although BTC is just throwing alts around right now at will.
Lets get TRX in perspective - big picture. HTF.
We had a good rally Feb/March prior to the announcements of BTT and the incessant shill from the King of Shill - Justin.
But look at the weekly chart. Looks slightly worrisome.
Personally looking for a change in Market Structure on Weekly which means a strong reaction needed at the daily breaker. If the daily...
On H4 thats a nice liquidity sweep into H4 breaker - with a close forming an SFP right now.
Highs taken and open interest cleansed - so what should we expect next? Logic says Lows.
Now my bias and eyes are towards that juicy equal low which has confluence with EQ of current local range, offering a lovely short scalp for swing traders.
If BTC goes on a tear and...
The chart suggests the sell off is almost done.
Although BTC may put in a request for one more Alt Coin shake out...and what BTC wants, BTC gets.
Just be a cautious trader here, wait for confirmation of SR Flip retest validation, with good HTF candle closes above. And keep your eye on the king BTC movements.
Longer term - AGI will do well.
Refer to my other chart (BTC Post the Liquidation Apocalypse) regarding bigger picture on HTF and where I see BTC going. This is where we saw the bear cartel lose their footing on the slippery slope of shorting against the trend.
This particular chart zooms into the LTF aspect (hourly) and expands on the principle of ones eye being drawn to untaken liquidity -...
A continued failure to rally for XRP puts full range weekly OTE in sight.
I mean - why not...put in a good argument and I'll listen...XRP has found some anticipated support at local rage OTE (see my XRP theorising chart), and this provided a straight forward 12-13% long scalp...but if this thing puts in another HTF LL, then expect us to tap directly to the weekly...
Great couple of days for BTC.
BTC put its foot down and made the statement that April is all about the King BTC.
We said goodbye to low volatility for the time being. With Buy Stops used as jetfuel to reach the local resistance. Forming a new range.
Reflecting on current chart, the picture is becoming clearer. Some clear ranges coming into focus, and forces...
Awesome FA lately for this little sweetheart of a coin.
Nice Market Structure to date and some truly fucked up spikes to heaven.
Waiting below current price for entry and validation of bullish breaker.
BTC may also help (or hinder) the cause if it decides to go south - depends how hard, and if.
I'm quite liking the potential set-ups here.
I'd like to see a good close above local range EQ or a successful retest of local range OTE. To then challenge equal highs and tap that liquidity above.
Full range OTE is clear from the chart and has acted as a decent SR marker for some time (excluding the tom fuckery in '08) - just look at that recent wick in Dec '18...
SR Flip and broken resistance, will look for EOS to take us upwards once consolidation is complete.
Theorising that EOS will put its foot down and take control of the market cap recovery over the next weeks and months.
NAS is testing resistance of range. Expect NAS to move well in April, assuming btc behaves itself - at least within reason.
Good FA in April for this coin - including launch of NApp store, should allow this coin to move with good growth.
Chart is clear with expected ranges and targets.
Yet another with decent market structure - the zinging dildo a week or so ago was a possible portent.
Chart should speak for itself.
BTC needs to do its thing - so let it, and focus on the outcome and not the noise.
OTE of local range confluent with D1 EQ of entry zone.
Symmetrical swing Fib confluent with historical buy/sell noise and where profits should be taken.
Wait for SR Flip to validate at retest of buy zone with daily candle closes required above EQ to maintain market structure.
Expecting larger cap coins to benefit most in April if btc dominance chart or total...