Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
No idea why I didn't see that I was working on the wrong chart... Here is the corrected version
Basically posting the chart without fibs so you can actually see it. Bulls need to reclaim $18,400... buying volume isn't great at the moment however alot of traders are eyeing lower prices... Let's see if they manage to get their bids filled or FOMO back in :) Always happy to see opposite views and happy with constructive criticism
Hi all, Sorry for reposting, i always make a spelling mistake!! Until HTF market structure flip is confirmed i am still trying to find bullish set ups as i like to trade with the larger trend. In my eyes, we are at the point where we need to reverse due to my EW count. My C wave is roughly 1:1 of Wave A. However, my C Wave could still be incomplete and we...
I haven't looked at ZIL for a long time, but as soon as you see it hopefully you see why i think it's worth a long. MACD on the 1D timeframe is crossing. Bullish divergence can be seen, and a reaction at 0.618 fib. Price was rejected from the 55 EMA but used 200 EMA as support. It's quite common to be rejected on the first test. Swing trade
So my previous idea was invalidated, sad to say i didn't add on to my existing longs... but importantly i didn't lose any capital! My alternative count is now in play, i see this as Wave B of Wave 2 (Wave 1 start on March lows). I am now expecting a Wave C to form. Before shorting i will be waiting for confirmation on lower time frames; shorting here is risky for...
So my previous idea was invalidated, sad to say i didn't add on to my existing longs... but importantly i didn't lose any capital! My alternative count is now in play, i see this as Wave B of Wave 2 (Wave 1 start on March lows). I am now expecting a Wave C to form. Before shorting i will be waiting for confirmation on lower time frames; shorting here is risky...
Still seeing this as correction (wave 2) following a larger degree Wave 1 (high of $253.60). I am seeing a triangle form in the B wave of an ABC, so i am awaiting a C down to my buy zone. A move above $253 invalidates this idea Buy zone around $213.16. If this works out i would then want to see an impulsive move out of this area for swing targets of - T1 -...
This last 6 weeks of trading ETH or BTC has been pretty frustrating, lots of shifting bias and no clear pictures. BTC and ETH are very closely correlated, so for the most part the charts are similar, however due to DEFI i do expect ETH to outperform BTC. My idea is that ETH is currently ending it's B wave within Wave 2 of a larger degree impulse since March...
It's been a while since i shared my ideas; I mostly swing trade recently but i will be getting back into shorter term positions again going forward. The set up is geared towards those that use higher time frames to trade. My view is that we are coming to the end of an impulsive move from the low of $3782.13 - The low came with capitulation volume which...
Hi all, So, I now see us in the Z leg of an WXYXZ correction, and it is uncanny how much action each fib levels have significant price action. If this fits into a triple wave combo i now expect to see a triangle form; ABCDE. If we get to $7000 regions i will be looking to short. ...
So, another red daily candle and it's K.O. I have this correction as a WXY..... Which if it is, it's complete and we will break above $8500 and hopefully to $10-13k Or i have it as an WXYXZ.... and WXYX looks to be complete, with Z left We either rocket... or sub $5800k and hope to find support.
As you can see, i'm posting another bullish view.. My last chart didn't hit the nail on the head this time; that's why a stop-loss is important. In my opinion we have, within the last hour completeted the correction following highs around $10k ($9900 on binance). RSI on the 4 hour chart went below 20 (19.80) and we seemed to bounce, for now. The correction does...