YuntCmdr

YuntCmdr Updated 

BTC short at the daily ob- going well. Recent price action has pushed below the VPVR point of control and retested this break down. The POC is regarded as an area of strong support/resistance—breaks above/below the POC often result in strong continuation momentum. Although slight, this trend channel could be seen as a bearish ascending broadening wedge—while this...

YuntCmdr Updated 

Price action drove us below the diagonal support we have been following lately. Considering the number of traders who were likely using this area for entry and stop loss placement, this provided momentum and liquidity for any stop hunt. I generally draw my order blocks based off candle bodies—while that would still apply here, I have redrawn the bullish order...

YuntCmdr Updated 

ETHBTC has repeatedly failed to break a key S/R level (blue dashed line) and has been hanging in a bearish OB. We are seeing bearish regular divergence on the RSI with a more neutral bearish reg div forming on the CMF. If we see the RSI break below the horizontal line shown, it would confirm an RSI bearish failure swing. I expect a short term retest of the local...

YuntCmdr Updated 

Some thoughts below, however also find annotations directly on the chart. The short squeeze previously did not allow an opportunity for a retest of the prior breakout, the concept of squaring up can give traders the opportunity for an entry opportunity at this level. Of course there is much more confluence I am considering for this level. The current continuation...

YuntCmdr

XLM daily H+S has held support very well. DMI still showing that this market is accumulating—not trending. We have bounced off the .618 fib retrace and have created bullish hidden divergence on the daily CMF. This price action is also occurring in a daily OB. 2 Hour also indicating we are in an accumulating phase, with bullish hidden div created on the CMF

YuntCmdr

I believe we are currently seeing Cindicator in an accumulation phase. This is confirmed by the ADX trending below 20-25. We are seeing some weaker bullish divergences being created. This RSI div is a bullish regular divergence—however, as price make a lower low, the RSI only double bottoms. This indicates it is a moderately strong divergence. I have highlighted...

YuntCmdr Updated 

The bounce into the bullish order block created bullish regular divergence on the CMF and RSI, along with a weaker bullish divergence shown on the OBV. This type of divergence is often a sign of trend reversal. We have also seen an inverse head and shoulder pattern break out—currently retesting this breakout potentially confirming an entry for the bulls. Having...

YuntCmdr Updated 

Across many time frames, we are seeing bearish divergences forming. My trading plan is best laid out on this 12 hour chart. ETH has been ranging between two daily levels since the beginning of May (.078-.088) Above the .078 support we see a long standing bullish order block, however, seeing bearish divergences on the RSI and CMF below a daily resistance and daily...

YuntCmdr Updated 

Beyond the current support we have bounced from and this being the bottom of the cloud, I am not seeing many reasons to be bullish on BTC at the moment. The one hour chart is showing bullish regular divergence on the RSI as well as a inverse hammer reversal, so a short term consolidation/bounce is expected. I am looking at the bullish order block and weekly...

YuntCmdr Updated 

I'm looking to add to my ZRX position with a decent stop loss. Lots of potential here, holding ATH values well.

YuntCmdr Updated 

$SONM seems to be struggling after bearish regular divergence was confirmed on the CMF. It is failing to hold support inside of this bearish order block at the moment. Until short time frames improve, and $BTC has more confirmation, I will be looking toward the support below and bullish order block on the 6 hour time frame.

YuntCmdr Updated 

Long time frame charts are looking absolutely beautiful. I strongly believe we will be seeing several hidden bullish divergences confirm soon. Already bounced off a significant daily S/R. Aggressive 50% targets here. I have more orders in this bullish order block should we push the 12 hour cloud again. Don't get shaken out on this downward push!

YuntCmdr Updated 

One I've been following this trade for sometime. Expecting some big movements from salt in the near future. We have already made a nice push through the intraday swing high. Entering this liquidity pool sent price running to retest the daily S/R level. Most resistance levels have been cleared nicely. Shorter time frame charts are looking ready for more movement...

YuntCmdr Updated 

4 hour BTC RSI showing a bearish failure swing and failure to break above the prior bearish order block. I will be looking towards the next major daily S/R level near the log downtrend resistance. I would expect to see this Resistance tested as support before a continuation.

YuntCmdr

Have been doing very well here, DMI one again suggesting we are in a bullish trend. Overall has begun forming an ascending triangle, with multiple failed breakouts. This resistance has been confirmed as support previously, and we are once again pushing the same zone. Entries above the one hour cloud are probably safe plays, giving you enough room to exit the trade...

YuntCmdr

ADA has been holding this ascending triangle well. I expect a breakout soon from this pattern after indicators have some time to cool down. Slow MAs have acted as good support, so I would search for entry opportunities there. Most likely entries to hit are just above the high volume node. Lower time Fram chart look great, and this one has bled horribly.

YuntCmdr

Target of the Larger IHS puts us around 3300-3400 sats.

YuntCmdr Updated 

While it is no perfect inverted hammer, I believe we will see a trading range between 7900-8200 for the next 24 hours. RSI and MFI are perking up. Still respecting the long term log trend line, descending broadening wedge (shown in purple) and the larger ascending triangle.