CryptoKick

CryptoKick

To me, it looks like we are still in a wave 4 triangle consolidating. If it continues to play out using the liquidation zones that have formed from the smaller distribution/accumulation cycles it will probably end up looking something like this. Purely speculative and NFA , but I wanted to get my thoughts down to compare later.

CryptoKick

I've been accumulating GBTC since $4.28 and as I was looking for the next dip to buy more I ended up with this setup idea that I decided to publish. It'd be a nice swing trade assuming we get down to the entry, though to be clear, this is not financial advice - I am not even planning on trading this other than accumulating more at the entry of $9.85 (will...

CryptoKick

Using VWAPs anchored to the 3.1K "bottom" and last year's local top at 13.9K it appears that we are just under that heavy resistance. If we are rejected from the VWAP off the high here (I think we will be) then it's likely that the VWAP off the low will likely provide strong support (will probably be up in mid-8K's by the time we retrace that far). However, if...

CryptoKick

Active bearish algo target pointing all the way down to 2100 . I think these pivots are very likely in use by many algos because of the reactions we got multiple times at the .236 (none of the other pulls from other pivots before the drop below 6K have any fib lines that line up in that 4140-4150 resistance area). We also got a pretty strong reaction so far at...

CryptoKick

Active algo target looks to have front-run "hit" it's first target with target 2 waiting for the next leg up (chart on the left). If we retrace a bit first then I'm looking to enter the second setup in the golden pocket (chart on the right) Yes, I'm using .666 rather than .65 for my stop loss these days. There are some other nice supports in this general...

CryptoKick

We have an active algo target down in the 2300 range thanks to our latest high spiking up into the golden pocket of the large move down from 6K. Bulls need to push the price back up one more leg above 5362 to get these algos to flip/stop otherwise they'll keep the selling pressure on down to new lows. We did see quite strong resistance/defense in the golden...

CryptoKick

These are the highest range swing-high/low algo targets currently active (with likely algo, aka. program trading, participation). Lots of smaller range stuff going on as usual. These are based on the algo assumption of participation entry between 0.618 and 0.5 and exit/flip at 0.65 with a target of -0.236. In theory here, the bull scenario is using a larger...