While lagging indicators are cooling off (RSI/MACD on Weekly) it remains to be proven if AVGO makes it further up or swing failures the highs. Overall, I am looking to take a short from the upper zone if given. Could she dump from right where she is? In theory yes, but in that case my count(s) are wrong.
I am still following this plan shared on Twitter a few weeks ago. However, since everyone and his mother is looking at that wedge by now, I'd expect fake outs to either end as usual. Those levels printed on Chart are the main levels I am looking at. For more details, click on "share" then find the "make it mine" button to copy the layout into your arsenal and...
BINANCE:BTCUSD / BYBIT:USDT.P + abusing the BaseLine Chart Damn high for a pull back, but also no rally. Unless its cosmetics just to let the Monthly Candle shine, its decision time.
Unless CRYPTOCAP:BTC makes a new low and/or start a Volume supported move I observe these, speculative (and to be tuned as we move forward) alternatives. All of these are invalidated as the high ~31.1k is taken out. #1 We keep grinding up from here (Main Chart above) #2 New low made, but move up happens on low Volume / rekts only #3 Max Pain For now, the...
No doubt, that this week is not only going to be important to the overall markets. While NASDAQ:PYPL is, once again, at crucial support. To me, the $49 area (.all time .786 on Log) remains a key point. Closing the gap below that zone is kinda fine but already pretty overcrowded & obvious - making me leaning more to expect bears squeezing things further down....
BINANCE:MANAUSDT.P lost it all. Even though trading at the bottom of the AltCoin KillZone ... ...there is some last major support right below. Losing that + start trading below (e.g. 1-2 weekly closes below), I am not too convinced it will make a new ATH in the next season. Being aware that this is closer to a gamble rather a well defined trade, I am...
Feel free to copy the template . Please be aware that for most indicators + MultiLayout you might need a sufficient TV subscription to benefit from this. Even though the accuracy is far below other known TPO tools its kinda OK for getting the overall idea. NOTE: I am NOT using market sessions! Adjust the session open/close if this is what you want. Else, simply...
I hope nobody expected DOT to outperform the market. Patience is key. Volume is king.
Let's face it. DOT is looking seriously bad. While there is a lot going on on the lower timeframes, it's just over the edge and most reactions we see are purely reaction to DOT on BTC moves - like a flag in the wind with 0 strenghts to lift itself. People say, coins are going below the .886 to die. Well, we gonna see. Regardless of any fundamentals and news, if...
We haven't seen a SFP and "just" bounced o f a HTF Daily support level. Should we reject from the W (yellow, dotted since traded), I expect another leg down into the 1:1 trend based fib extension. However, flipping that W(eekly) S/R Level into support, should bring us up to 35, if not 38. Unlikely, but possible, the highs around 40k could be taken too, while...
We remain range bound for now. To the downside, the POC(s) gotta hold To the upside, reclaiming the local golden pocket right above could allow more upside to the daily/golden pocket right above which is a nice target for short with potential for a swing trade to the previous publication I shared. In either case, those POCs are TP areas at least. ...
Taking the local highs prior to visit the lower marked regions, would be a pretty bullish indication to me. Vice Vera, if we are taking out the lows now, I´d be extremely cautious with any long.