MiserableToppings

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After an aggressive 48% move up from 30 Dec, would be wild to not see mid-January range be support-tested before any trend continuation takes place. Past two weeks BTC has been choppy, while NDX made new highs. The break from correlated moves indicates BTC over-extended and has stalled. However, this does not necessarily indicate BTC is weak. If indices push...

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Market sentiment is overly bullish in crypto, low caps are making 20 to 70% daily rallies across the market in the last week, with the less known ones playing catchup, while popular larger cap alts are stalling out. Many are calling another leg up. I don't have reason to believe this when looking at NAS100 price action, which is strongly correlated w/ crypto...

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Extremely neutral on price discovery atm, just posting a possible scenario to see how it plays out. Ultimately depends on indices. The two most correlated: S&P is currently testing its downward trendline, while NAS100 has a fair way to go. BTC invalidated a shorter-term trendline, entering a sizeable FVG on the 1D chart, which gives me a bullish bias on TA alone....

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Rejected at fib .382 three times. This area corresponds with the previous range as outlined in yellow rectangle. Temporary support at fib 0.236 could play out for a couple of days. I see a further downside after that, but no new lows for year. I will continue to DCA below 1140. Not trading advice

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short trade short trade short trade short trade short trade

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bullish div on dxy bull div on usdeur @ downward trendline NAS s&p is just a guess.

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4hr timeframe let’s gooooo We have net more shorts than longs since 10 Nov. (larger stakes* in fewer hands for the longs, and fewer stakes in more hands for the shorts). *not relative to portfolio size Fun fact: google trends “sell BTC” interest is at an ATH for last 90 days, while “Buy BTC” prints a nice 5 wave Elliot down from a 9th November ATH. We also see...

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With BTC I'd prefer to protect capital than enter a trade right now. That said, there's a good short setup in the chart. I see a chance that price will break above immediate resistance as market participants are increasingly looking for good news after crab season. Not trade advice. I hold no BTC

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Dang, that's a lot of longs underwater. A lot of buying in this range. I feel a mass liquidation coming on soon. Correlation between BTC Longs and BTC:USD.

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Bollinger time frame set to 1D, Length 20 ^ DXY to test yellow trendline. Watching if this holds. Break below changes short term 11500 target. ^ Bearish divergence(10Y), 2,3,7y yields alike. ^ USDJPY overbought (EUR and GBP look neutral) Expecting turbulence ahead. Earning reports and contrarian buying. I'm less confident on a long to 11500. More...

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Note: 100DMA is not really important, just included it because rejected on 14 AUG, so some traders might give it weight, which adds to short positions. What's relevant: Confluence of trendlines that present a perfect short position if it wasn't for the short-term bullish momentum. However, it is clear to me this momentum came from a short squeeze out of a...

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This chart assumes we're in Primary Wave A of Cycle Wave 4. First scenario is a 5-3-5 sequence Zigzag. Wave C may be extended out to any length. Second scenario is an ABCD harmonic. If this plays out, you can actually draw an XA leg (X placed at the June 8th-9th pivot) to form a Bearish Gartley. Regardless, short entry near the 38.2% retracement is worth...

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Overall sentiment is still bearish across markets. Price rejected at the 200W MA. This pivot forms our A-C line. A-C line confirms our bear flag/ channel/ wedge as it is parallel to the 0-B line. B-D line will give confirmation. Volume backing off. Volume mimics the previous flag/ sideways correction All things being equal/ proportional, flag target...

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Bearish running triangle about to close wave E? Could overshoot the A-C line if last week's momentum carries over. RSI (divergence up to the 6hr) gives confluence for correction, if only halfway to the TP margin.

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After consolidating over the long weekend ETH broke out and rallied hard, forming an ascending wedge on the hourly weakening the 0.618 fib to push through. It's my belief pressure is now exhausting at 78.6% retracement. Full disclosure, this is more 'looking for a trade' than anything, so I'll be eyeing volume closely. This position is wagered alongside NASDAQ...

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Charts a bit messy so here are the key areas: 1. VRVP (Visible Range Volume Profile) value area (VA) is set to 50% for our local area. Price is currently trading on the VAL line (Value Area Low) and looks like it wants to break below. 2. Fib extensions give our three targets (T1, T2, T3) 3. Bollinger Band fib levels 0.382, 0.5, 0.618, and 0.764 line up with the...

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Novice here. Just playing around. RSI can push higher but I expect the volume range (set at 70%) to be re-entered in the next six to twelve months. Welcome any feedback in the comments below. :)

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Increased volume indicates rally to take place. If this is a relief rally we can expect price to break the blue median line. In such case, the next resistance levels are at 23k (short term (days)), then 24.7k, 25.5k, and 27k coming into July. Those guessing 20k to be the bottom will be relieved, but I’d warn BTC will continue trading within the dashed blue lines...