I can't be wrong on this, I'm not calling any side at the moment, all I can be wrong on is where we are going on either side. I'm leaning bullish for the next push when I'm looking at level 2, but like i said either way, I don't care.
I'm not entering any trade at the moment, I'm looking at red box around 5500-5600 to short or the OB block around 4350-4550 for a...
Volume is getting weaker on each advance. left shoulder with the highest volume.
Hidden Bearish Divergence, Price made a lower high while RSI printing a higher high.
0.01268 is a key level of rejection at the moment.
Highest high to neckline is around 0.00161, expecting that kind of dump.
Entry @ 0.001253 // SL @ 0.01286
Nope, I don't think so to be honest. There too much liquidity below 3200 and I personally think we are going to shake them out before even thinking about moving up.
I'm looking around 3185-3180 on M15 for the next dump.
On the D1 chart, I'm looking at 2940 next and even <2500.
Let's be patient, trade wisely, manage your...
I know, I know, I'm not very active here but I'm still charting like crazy. So I thought for a second I should publish my trading chart that I'm currently using on LTF (M15).
As you can see with some basic TA, a lot of things can be predicted and hit the exact target. Yes, I do use those bubble a lot, great for notes and I keep a lot of...
Yoyoyo, 123$ D1 target hit, this looks interesting.
Highest volume of the entire year, capitulation ? (even higher then dec. bullrun)
We hunted some stoploss/$$liquid.$$ below 123$ and had a major rejection to bring us back above 123$.
1 Hammer formed on nov 23, an inverse one is forming today ? (need confirmation at D1 close)
Fib Retracement looks good...
YOYOYO, I'm back, busy as fuck as usual, but still following market and trading on the side.
BCH doesn't look good :
Higher Lows/Lower High
Price is squeezing
In my opinion, this looks like a bearish pennant. I'm aiming at 0,0442, but wouldn't be surprise to see a SL hunt below 0,0438.
Hello guys, this looks interesting, 196.80 is the resistance right now, we are consolidating below it, could be a sign of a near breakout. If I'm right with my flagpole price range, the next advance would probably reach 200 (blue rectangle).
So let's just wait and see if this isn't another bear trap like we are used too !
Hello guys, quick update, it just hit my 198.55 target, pretty nice but another rejection at 50 EMA, been like that since early october.
The thing that I found lately is that there always a weird shakeout before every move I see. Is it manipulation, hard to say but it definitely play with people mind. Because as you can see, we got a huge wick down that caught a...
Looking good looking good, we just closed the first leg to complete the trend. Usually there 3 legs in a trend, sometimes more or less, but in general there's 3. Let's see where the second one take us, 198? If it does and the trend hold, a 201 retest wouldn't be a surprise at that point.
Good night, have fun trading and keep learning !
Hello guys, small update after the break down. I was expecting a bigger move then that and higher volume.
As long as 192-195 holds, I'm still leaning towards that fake breakout to get $$liquid.$$ before pushing higher.
Oh and I'm not sure, but can this be considered as a weird triple bottom ? The second peak is weak and weird, I don't know, We'll see.
I'm looking at a short-term long scenario on the H4 chart. I think we hit a bottom for now and that we will retrace to 0.5 - 0.618 fib before dumping lower. I don't see us going higher yet until further confirmation and more VOLUME.
I'm no financial advisor, just a student who enjoy charting and creating scenario. Time to sleep, good night and happy...
Hello guys, boring chart, we've been trading in the same range since Oct. 15.
Price is currently stuck at the 50/100 EMA, they are currently acting as resistance which is a good sign for me. The more we hit a resistance/support the weaker it get. If we indeed break that resistance I expect the 200 EMA to be the next solid resistance and the 50/100 EMA would be...
Hello guys, so here's what I'm seeing for BITFINEX:ETHUSD.
There's 2 possible outcome, either we go up or we go down ! (no shit Sherlock lol)
I can't decide between a continuous bearish pennant like earlier in August or a symmetrical triangle which can mark an important trend reversal, which is the moment EVERYONE is waiting for. Volume is decreasing, this is a...
Short update about ETH on M15 chart. I'm seeing an ascending triangle forming, I could be wrong so I'm waiting for confirmation with a close above 200,40. Volume is decreasing which is first confirmation.
So what we need for confirmation is :
A breakout above 200,40 with a close above it
Volume should increase as we breakout.
After we breakout...