sven101

sven101

My short idea is based off of 3 things 1. My 4sma strategy 2. 40+% move in 24 hour period being generally unsustainable 3. Volume on multiple time frames is exhausted, especially the 4h large green volume spike, shows potential for reversal. Targets based on my 4sma strategy are indicated by horizontal lines.

sven101

I would recommend shorting carefully if you choose to. Analysis in a moment clear rejection for now

sven101

Good chance we could break out here at 15m 200 ema. Waiting for confirmation

sven101

Daily and 4hr point to huge breakout. Lower time frames also support this hypothesis when looking at stochastic and current support structures. In depth analysis in an hour. Until then i put this here to say go long my friends, and then after the pump be prepared for one of the dirtiest sell offs you've ever seen lol

sven101

Small cup and handle. Arguably could be bearflag but i believe this will break to upside.

sven101

I think solana is about to retrace if it cannot get back above 25.7. My initial target is 24.25-24.50 based on an atypical bearish pattern on the 5minute that i am unable to show due to the time restraints when posting an idea. Past this i am looking to see if there are any large volume spikes. If not i see further downside to perhaps $23 and below. Will...

sven101

If it can get back into the channel and above the 200ema i believe eth will go to a minimum of 1250-1270, if it cannot hold the last breakdown point thought are looking for a brutal drop likely to 1100 and below. Based on probabilities and fundemental analysis i think my idea is more likely. However, i am surprised that it broke the higher lower pattern on the...

sven101

As you can see this time we are looking at the 4h time frame. Generally my analysis is done on a lower time frame but to show you why i believe this will break higher the 4H time frame shows things more clearly. As shown here we have an atypical channel and at this point it has held every single time there was threat of a breakdown. We have continuously made...

sven101

We are at a turning point, if price is able to hold above 1205 i believe a large breakout of the current structure will begin. Low risk long set ups can be taken or if you are already shorting at this point I would take partial profits and wait and see what happens

sven101

Based on the number of times price has been rejected in the 1215-1225 range as well as volume profiles, i feel that we will have one more downward move before a move upward that will carry over into the next few days. After which i believe crypto will be ready for it's next leg down after the New year or perhaps even before. The reason why i believe it will have...

sven101

I would start scaling into a short and put stop loss at max 1230, my stop loss is still at 1222 but i have scaled in more to the position using profits i took while price has been bouncing around. Breakout or capitulation should happen very shortly. It has been trading in the range for over a day so i believe it is unlikely to keep trading this way

sven101

So talking about the previous trade, i am looking for the price to break below the 60 MA as it keeps retesting it, the target take profit is located at the 200ema a common pivot point for prices when it reaches there. Since i believe a bounce is possible i will be taking all profit or most profit at the 200ema and then reassess the trade from there. The volume...

sven101

Right now looks like eth could be ready to retest the 1200 region if the next couple candles are rejected. From there i expect either a bounce back to 1210+ or capitulation. Will look at indicators around 1200 to know the direction. Taking a short back to 1200 with a tight stop loss.

sven101

Since eth has held the current zone so far and we have not had any large green volume spikes to signal a new local top, i believe it is highly possible eth will first spike to the 1195-1220 range before heading further downwards. I will post an update shortly.

sven101

Seems that the region i mentioned still has not been broken, therefore i believe a downard move is imminent

sven101

Seems to be encountering strong resistance at 1318-1322, if it cannot break this, exect retracement bsck to 1290-1300 and from there we should have data to know if it will decline further or perhaps pump back up.

sven101

Bull flag collapse into a bearish pattern i believe is highly possible in this scenario. It has taken an immense amount of volume and time for the 1200-1220 area to break to the upside and to me this is a sign of weakness. Unless extremely high volume is maintained i expect potentially a full retracement back to the breakout point around 1212. At that time...

sven101

Based on current price action it seems that ethereum may have one last bullish break before continung to the downside. A thorough analysis will be posted later. But currently i would be careful with shorting.