macro is bearish, structure is bearish testing supply. monthly fvg / block test after 1Month fu 1Month ms shift. target imbalance / unmitigated monthly
Looks like EOS has shown a breakout from consolidation and then an S/R flip around the 4.85-5 area. This could lead us to fill in the gap from the large liquidation candle from last week. R/R is around 3 and 6 for these respective targets.
Compound is looking very bullish on the COMP/USD and COMP/BTC pair. There are 2 trendlines to break out of for COMP on the BTC pair which it is testing the first, and as we can see we have a smaller S/R flip with a higher low just under a current resistance. If we break this resistance, there is not much in the way for a ~25% move to the mid-upper 600s as shown ...
Hey, As we can see XTZ has broken the trendline on the 4h with high volume. Ideally we see a retest around the trendline and support formed, but we may have support form higher around the 4.18 horizontal. Along with that, XTZ has broken a longtime consolidation that I have had my eyes on in the XTZ/BTC Pair, which I will link to this post. Long can be entered with...
As we can see, CZ's beloved BNB has shown a potential HTF breakout of a supply zone. If it can flip this supply to demand, I don't see what's stopping it from filling the gap to complete the market cycle. T1 500~, stop below potential new support
As we can see DASH has shown an HTF s/r flip. If it holds support in the green area it leads us to a $280 first price target, completing the market cycle on the 1D. Next target would be the 2nd black line, which would be the weekly S/R and weekly candle that led to the sell off in may. Stop loss / invalidation below green zone
As we can see the DEFI index on FTX has shown a breakout and s/r flip. DEFI is popping right now and based on the chart, we can enter long on the DeFi Index w a stop in ~10500 and a take profit around 15k. High R:R, diversified through the index.
XRP seems to have a potential s/r flip from around 1$. This could be means for a long entry with a stop below the new potential support and a price target as shown around 1.60.
SUSHI shown an S/R Flip on the Daily / 4h. Successful retest leads to a long being entered with a stop below the new support, and the target will be first 11$, then on to 13$ as shown in the chart. This will be invalidated if price falls back below the resistance and does not find support in that zone.
As we can see 1inch has broken the trendline, and is looking for support. The current 4h candle is a hammer candle. If 1inch finds a new support at this trendline, a long could be entered with a stop below the last lower low, 2.88, and a take profit around the supply / demand zone of 3.80 for a ~3:1 reward : risk. The secondary target would be shown as the blue...
