ollie_oz

ollie_oz

its the code new pfp competition for r/cc discord server... lets see if i win 1 yaxis and 42 ban :kek:

ollie_oz

Recently meme coins have seen a nice run giving a bitter-sweet reminder of the August run ! While i will remain cautious of my main coins here i have confirmed my SHIB position ! Clearly volume is supportive and currently i see this run lasting for a few more days . Looking at previous fractals and a parabola curve the potential for SHIB is fairly large so we...

ollie_oz

The US debt problem has caused increased weakness and caused a downtrend since October open ! The problem has been stemmed on by many people in congress and i have little faith this problem will get resolved fully in a timely manner. While this is bad for America , this would provide the perfect opportunity for a parabolic leg in crypto and potentially increase...

ollie_oz

Eth retested ATH and had a nasty rejection however a trend line stemming from the two previous big stem ups put a stop to an even bigger move ! Currently im still facing ETH with a very bullish outlook with a potential eoy target set at 7.4k . Ive mapped out the 3 ideas im currently running it based off of : GP , Key levels , FRVP and Long running trend line...

ollie_oz

After todays BTC sell off returning us to the range of the previous ATH , many alts have started to warm up and show volatility ! ETH was first of the major alts to start running having a 10% gain during mid-day (utc) while now sitting at -0.5% near the end of the day (utc)! While many alts look set to rocket , eth dosent join that list for me . It had a 20-50...

ollie_oz

Currently link has managed to find nice support on the daily and quickly reclaimed it after previously failing it ! I think the potential for a retest of the support line is growing slimmer as we've started to see the resistance get hugged . Ive started to accumulate LINK more and more over these past few dips and will continue to do so since im very bullish for...

ollie_oz

Recently i had thought through an idea i coined ' the bear-inator' which gave a curved line from the spawn of a bull run and ultimately being the point of no return once the bull run died off ! While this idea is on a very HTF so its fruition wont be know for some time , it is worth planning out possible ideas ahead of time so you can look back upon your thinking...

ollie_oz

The Bear-inator or Bear market curve is a new theory i've been building upon while waiting for BTC to moon ! The general basis of this curve is the identification of similarities in each bull run and the potential indication that it points too . I spent a while educating myself on the previous runs and noticed big wicked gaps creating a gapped like approach to...

ollie_oz

This week started off with a crazy Monday seeing LTC drag the market up with a false partnership with Walmart and then throughout the week we slowly drifted upwards and were now maintaining a range between 47.1k and 48.2k! Targets for weekly close : *Close above 46.5k *Close above 200 ema Targets for daily close : *Close above the 47.1k support level *Close...

ollie_oz

To begin this week nicely we saw a 10k dip in the early mornings of Tuesday and now we've seen consolidating since then. Bullish news of the week is El Salvador purchasing 400 BTC in total with the president tweeting 'buying the dip' Targets for weekly close : *Close above 46.6 *Close above 100 EMA *Close above Tuesday POC Targets for daily close : *Close above...

ollie_oz

This run up from 29k has been fast paced and well accepted by most. Most are certain downside isnt feasible at the current state as BTC is so bullish however given confluence at 54k mixed with a few other indications , i feel our current position is not going to be held for long ! Mapped out are two price ranges highlighting the drop size required to go to 27k ....

ollie_oz Updated 

49.5 previously sat as resistance for a duration and finally broke up into the 50's ! After that, it then flipped to support . Because of this, I'm going to try stack short positions at this level or within a $200 range depending on the strength of the reaction.

ollie_oz

BTC has been ranging within the green box for the last two days showing indecision with the next move. Before this big push, we visited the trend line and therefore I will be looking for trades near the area. My first trade will be the long with an fvg and trend lines as confluence. The fvg lies directly on the support and therefore I see it returning there...

ollie_oz

After heavy rejections from 48.2K bitcoin appears to be forming a falling wedge. This would lead us straight into a confluence zone I have had marked for a while ! The top trend line is the most probable cause of action with a bounce in the 43.8-7K region. The second theory is a bounce off the lower green line at the confluence of 42.8K. Ill keep you updated as...

ollie_oz

Previously I stated that the channel and wedge BTC was in looked unstable and weak. Here we can see my idea come to fruition with a falling out of the channel and wedge with a bearish retest of the support failing and breaking back down. While bulls will look to reclaim the pdopen and any support level, I doubt much ground will be cleared. In a bearish...

ollie_oz

As previously stated 47k is a big psychological level and also adds confluence to a massive wedge that's been in play since the 5th with the upper resistance starting from the 12th of July. This is another tipping scale moment for BTC where either direction will be big. Mapped out are three possible short scenarios stemming from different areas however they have...

ollie_oz

The run-up for BTC has been quite impressive un-doing a greater part of this bear cycle ( or retrace depending on your stance ) and during the past week, we have found ourselves within this big channel. The support is very strong and previous seen big rejections however in the previous few days the bounces have gotten weaker and have started to slip under the...

ollie_oz

Trying out a new tool named fib circles. Combing it with gan squares has provided multiple setups for finding resistance. Potentially looking to use these as added confluence ! Will add to this experiment soon with updates :)