Monero has been heavily underperforming BTC for a long time, this means you are taking more risk holding XMR than if you are holding BTC however, I see XMR is beginning to enter a super bullish state, with a maximum TPI value of 1: This could mean that we could see a nice trend to the upside:
I see a potential fill to a Fair Value Gap and a Bullish Order for KAVA Risk 2% on this trade: This is an example of a continuation setup of my MATIC play from yesterday!
As of right now the Trend Probability Indicator is still bullish: this means that we are still on the lookout for continuations in the trend. We see a lot of altcoins pumping a lot, a good idea is too understand what levels the coins might retrace to, if you were to miss a pump. Currently we see that the dominance of alts still have room to grow, so if the...
Similar to the setup of the BINANCE:DOGEUSDT breakout that I showed before (linked below) there is a potential breakout that could happen similar to the doge Target the 0.618, 0.786 and 1 fib channel levels as take profit targets Move SL to Entry at the first target! Example for the Doge play:
I'd love to explain in long form, but I want to show this setup Please let me know if you would like a video of me going through live trades and actually explaining each concept
I saw a great chart published by plancton0618 (linked below) He says that there is a short term Uptrend on the SPX, at first I didn't think much about it, but I checked my mid term TPI (Trend Probability Indicator) and found that there is an uptrend begining on the mid-term. The short term seems incredibly strong: Either way, interesting to see, a potential...
I had made this earlier today but had forgot to post it, hope you get an additional entry<33 Similar to a KAVA play I made (linked below) And similar to my MATIC play from yesterday (linked below) The circle that is drawn is based from a lower timeframe confluence analysis (top-down analysis is my prefered method) This play would also have confluence with a...
We should see a breakout at some point from SOL if it starts to outperform ETH: SOL is currently heavily underperforming ETH, wait for SOL to outperform ETH while it's above the 0-line The breakout I see is similar to the recent ADA play: The line i have drawn isn't exactly how I view it, it could go lower in the channel before breaking out, it's obviously...
BTC showing slight weakness compared to last week, expecting consolidation TPI has fallen approximately 20% BTC is riding the sell line for the hunter algo, if we see rejection at this point there is no doubt in my mind that we go lower! Short term TPI is weak: Expecting a move down to fill out imbalance near 25K level TVC:GOLD is still going strong...
Momentum weakness on 1H bearish OB on MATIC Imbalance likely to be filled Close half of the trade at center of Fair Value Gap and move SL to Entry
I see a potential trade with 1.23 RR If the RSI bounces off the level of support it has, and continues to bounce to the recent high after filling out orders at one of the 8H fair value gaps, we could see a continuation of the trend Believe we go lower the next candles if the flat back bearish HA candle closes like this: Please give me some insight on your...
I had a talk with my mentor earlier today, and we talked about how we each calculate the signal for our allocation towards ETH compared to BTC. It got me thinking that a lot of people actually aren't aware of why they allocate capital to different assets in the same class! Case in an upwards trend When the trend is up and you want to maximize your returns in...
Intro Bitcoin and gold are both commonly considered stores of value. Many alt coins also claim to be a store of value After the recent banking issues in the world, we have seen these stores of value shoot to the sky in valuation. This got me thinking a bit about the old question, "What is best? BTC or Gold?" I believe this question really bases on the...
I marked out Order Blocks to determine a range for where APE is likely to be trading at, keep in mind... Markets are fractal Price is above the 4H Value Line, which means that we are biased towards long trades, we make value lines on a smaller timeframe (5 minute timeframe in this case) and wait for price to go below those value lines, we buy when the RSI is...
When it comes to being a safe swing-trader, you need to be able to catch a trend and detect when the momentum of the strength is weakning. An understanding of macroeconomics is also important to understand mid-long term catalysts that can affect the price of what you are interested in trading! Let's take a recent case: INDEX:BTCUSD Note, the TPI can have...