shoshik

shoshik

On W TF we can see ugly rejection from monthly naked POC and also swing failure pattern on this previous range high. My idea is easy with using anchored vwap from the bottom (it is magnet for price) and the nearest strong level around vwap is HTF weekly level. Actual resistance could be at 44k.

shoshik

I marked several levels on chart, where the potencional reaction can come (40k / 38k / 34k / 30.5k / 26k). The ideal swing short trade for me would be from the 40k zone with a target of 26k

shoshik

I see an opportunity for altcoins in this wave. Nasdaq and SPX are also bullish in the short term and BTC liquidity above 30k is very tempting. We'll see if this harmonic patter idea plays out.

shoshik Updated 

I see strong resistance zone above us which SPX didnt reclaim. I expect a drop to the support zone I marked on the chart. Lot of confluences here, specially 1:1 abc, harmonic pattern, HTF levels

shoshik

I found this EW pattern for BTC. Lets see if it plays out :)

shoshik

ONE is back inner main range. Bottom of the range (VAL) was retested and strong anchored vwap volume (blue line) is holding well. Main POC (red line) has next confluences for nice take profit area. Good luck traders.

shoshik

BTC entered into nice support zone and Garley pattern can be in play. 886 is my max ladder level. Closing below 33k is invalidation for this pattern.

shoshik

Invalidation if daily candle closes below monthly level (16.40). Target area has lot of confluences which I didnt marked - 27-30 area is strong resistance zone. BTC looks that found local bottom, so I expect some relief rally up to 40k +-.

shoshik

I see several confluences of nice support here - ABC 1:1, bullish harmonic BAT pattern with 886 fib, daily levels. Lets see how price will develop.

shoshik

Two important levels what I see... Easy invalidation, good RR setup. Lets see :)

shoshik

LABS is back in the volume range. I am waiting move from the bottom (VAL) to most volume zone (POC). Next nice resistance is GP area with monthly level as confluence.

shoshik

STND pumped from very strong support region. I am waiting more gain. POC is ideal TP zone.

shoshik

XHV looks like bottom is in. I see some bullish divergences od daily chart + XHV is sitting on nice support - POC and little bit below strong weekly level. Good target zone is VAH region and if it reclaims volume range, then GP + top of triangle trendline and above next weekly levels. All this In horizont of several months.

shoshik

Also nice potencial if this coin reclaims VAH from the volume range. Bullish divergences on 1D candles (RSI + OBV).

shoshik

Idea of harmonic pattern, which can be played. I marked important resistances and support. Firstly we need to reclaim VAH from actual volume range.

shoshik

If SRK reclaims this VAL level, I see first target zone around POC. Next zones are marked on the chart.

shoshik

I see nice harminc pattern which can be played with confluence the bottom of volume range (VAL). Long the bottom of the range, sell the top and we are on the bottom :)

shoshik

I see possible harmonic pattern. Actual low must hold. Lets see :)