GoldsteinTheProfiletrader

GoldsteinTheProfiletrader Jun 16

GRASS - "A retail trader´s dream": I have an eye on the chart since some days. It could have went for a lot higher prices while being at 2.10, but unfortunately it didn´t. Maybe fortunately? The profile probability up there at the pmVAH wasn´t given. What´s the story now? Price rejected the pmPOC for a potential bullish FTR. As long as this remains valid, we are...

GoldsteinTheProfiletrader Jun 15

Here is the LDO picture and I want to explain why it is offering buying opportunities right now: The price had a big move to the downside and broke out of the bracket on lower volume than it can be found within the bracket. So being below the bracket is not the time to sell. We can also see that aggressive short-term sellers were in control to liquidate the longs....

GoldsteinTheProfiletrader May 29

BTC keeps showing strength. The price is building value above the pmProfile and it rejected the pwPOC. This will cause a FTR draw (failure to rotate liquidity grab) at the 112k high. I am using the fib expansion levels for the previous week candle to project some targets for the price discovery. It seems like the 120k direction is still on the table. 113k next.

GoldsteinTheProfiletrader May 29

Grass has built a strong foundation during the past months. Price is very corrective and contracting every since. Locally it looked like a rejection off the upper pmPOC (previous month point of control) which is bearish. Well yes, it rejected but just short term. Market structure remains bullish. The price is building value above the pmProfile (previous month...

GoldsteinTheProfiletrader May 28

JTO is building value above the pmProfile. That´s bullish and not bearish, because people are accepting the price above the profile. This "building value" tells us that the price is preparing for another leg to the upside -> We have to find out main targets above the current range. There are some untapped levels like the pwPOC and pwVAH above 2.300. They are in...

GoldsteinTheProfiletrader May 16

I just bought TAO with the average entry price of 441. It still looks very bullish to me and should see some continuation. Those untested pwVAHs above will be next. 619 (pmVAH) is the main target. Compared to last week, it is clearly building value higher. Even above the monthly liquidity level, so this dip below is likely just a trap. Also no acceptance into the...

GoldsteinTheProfiletrader May 14

Damn was I wrong with my last bearish idea, calling a potential top for BTC. Well, it was an idea and we had good reasons for it. At that time price did not build value above the pmPOC, so a FTR (failure to rotate) could have happened. I was able to cut my short a break even and swing with the bullish momentum on a few altcoins for example like ADA or JTO. Ideas...

GoldsteinTheProfiletrader May 14

Quick update for you: Fartcoin took out the initial high at 1.46 several times but we are only seeing swing failures. We do not see the price closing several candles above the pmVAH and pwPOC for an attempt to build value, to then swing up for higher prices. As long as we spend the majority of time below these levels, I am still looking towards the pwPOC below,...

GoldsteinTheProfiletrader May 12

I am in a short on Fartcoin. Price is above the fresh pwPOC -> highest risk for new longs, biggest opportunity for shorts. Also the last pwProfiles are overlapping which is a sign of a potentially aged trend. The bearish sequence is not active yet, but the foundation that is currently forming would be an amazing confluence for the trade. Also, price did not find...

GoldsteinTheProfiletrader May 6

In my previous idea I was talking about the end of the bull market, that BTC won´t go for new ATHs. I am still sharing this opinion as long as BTC won´t claim the pmPOC above, as long as it doesn´t build value above. All we have seen was a "look above and fail" which indicates weakness. This could result in a huge FTR (failure to rotate), bring the price back...

GoldsteinTheProfiletrader May 6

I have been very bullish on ADA in the previous idea. We bought at 0.61 ish for good reasons and dragged it all the way up to the pmPOC at 0.73. It was a major TP level for good reasons. Price did not show any acceptance above, which is bearish. This could result in a complete FTR (failure to rotate). In this case, we will target the origin of the move. All the...

GoldsteinTheProfiletrader Apr 29

EOS is leaving a huge liquidity trail behind. Just look at the 4 hr higher low wicks. All these wicks are just representing stop losses. The pwProfile (previous week profile) is showing us short-covering. Aggressive short-term buyers are competing against long-term sellers who will target all the lower liquidity at some point. I took a small short already here...

GoldsteinTheProfiletrader Apr 28

In my previous btc idea I was looking for lower prices, more into the 72k region or even lower. We got a lower low, some nice shorts and gains but that was it. No touch of 72k or lower prices. The bigger pullback to the upside was expected, but came a bit earlier tho. That´s fine tho. Is it bullish now? Are the bears exhausted and will bring the price to new...

GoldsteinTheProfiletrader Apr 28

JTO looked terrible for a looong time. Now the market is way too short on it, which is visible in all the b-shaped profiles. That means we had very aggressive sellers that forced the price to the downside to liquidate the longs. Once that is completed, it leaves the market without underlying selling potential. So the aggressive sellers will become the victim, as...

GoldsteinTheProfiletrader Apr 28

SUI had a significant rise in the past week. By extending last weeks pwProfile, we can see that the POC didn´t move at all. Value is far more important than price. Price is simply advertising opportunity. That´s why I strongly believe that it will retrace a lot. We also had some short-covering in the past days. Those profiles need to get re-inspected, making their...

GoldsteinTheProfiletrader Apr 25

Now it looks a lot like acceptance above the pmPOC. Volume is building here and it doesn´t look like possible excess anymore regarding the previous bracket. By extending the pwProfile (previous week profile) we can see (white range) that value is building higher (the POC - point of control) is higher than in the pwProfile from last week. If bulls keep up the...

GoldsteinTheProfiletrader Apr 23

Fartcoin offered a very nice long opportunity below the bracket, because price broke to the downside on decreasing volume. That´s not what strong bears wanted to see. So over there one could have accumulated a lot, wait for the bearish auction process to come to an end and then trade it to the upside. The minimum target was, of course the top of the bracket. After...

GoldsteinTheProfiletrader Apr 20

The March price action was based on aggressive short-term sellers. Who are they fighting? Short-term traders are always competing the long-term ones. So in this case the opposition is formed by long-term buyers. They are only accumulating while the aggressive sellers enjoy the gains, shooting for more until they end up being under water. The pwProfile (previous...