Altcoins have been down so bad from their highs, but I'm still expecting high volatility this week. Just taking this one with a tight stoploss just below 0.15 (low) Long at current market price (cmp) , dca level at 0.165 Targets: tp1 - 0.20 tp2 - 0.25 tp3 - 0.32
On the daily chart, we can see that the price is struggling to advance past the 3.5k level In my opinion, this is the final resistance before reaching an all-time high (ATH). If we can reclaim this level, the entire structure will shift, leaving us with a triple top acting as a magnet at 4.1k. Otherwise, we might see the price filling the wick down to 3k...
On the daily chart, we can see a mini-distribution is taking place on CRYPTOCAP:PEPE The immediate resistance is currently at .000020 If we lose .0000168 support, we can see it retesting .000012s or it can wick down to daily imbalance at .00009 area
The price has reached 200% of the Fibonacci level from the high and was rejected at the first level of the supply zone at .27 If we can get a valid swing point retest or continue to hold .16, we can start scaling into long positions with an initial target of .27 to .30 Stop below .15 Potential Targets: tp1 - .27-.30 tp2 - .36-.40 tp3 - .47-.50
Bitcoin has deviated below $90k, sweeping the liquidity at $89k. Was the local low already established, or are we going to sweep the lows again? Lower-Timeframe Outlook: On the 30-minute timeframe, will probably range for a while at the current level before its next move. Key Support Level: The significant support level that we must hold is around $96.8k to...
On the 4-hour chart, it could shoot up to .37s.38 (fvg) But so long as it's holding .34-.33 level, I think it's good in my opinion Potential Targets: .42 to 44 .50 to .55 .60 to 62
Bitcoin spiked up to 97.3k, taking poor high, and subsequently faced a rejection. Immediate support is now at 94k (hvn) , If this support breaks, a retest on 92.8k seems plausible, but would love to see it retesting the swing point at 90.8k
Here's a straightforward strategy for range trading - RETEST: If you missed the initial price drop, we can wait for the price to hit the immediate resistance and then enter the trade on a valid retest. In this scenario, we observed a gap around .315, which could serve as a potential retest area, similar to what we saw at the high.
Price has reached the 1.318 fibonacci level from the highs. We can scale into long at 0.27s to 0.24s range, though we might deviate to .24s to sweep the lows so leave something for DCA. 0.29 seems to be the immediate resistance, mapping out the levels for potential targets. Potential Targets: tp1 - 0.32 tp2 - 0.36 tp3 - 0.42 (swing point)
I'm not getting why people get so bearish at two month value lows. Seems like the expectation here is that price has to go from up only straight to down only which is a rather silly thought imo. Price ranges a vast majority of the time on all timeframes, I don't see why we should treat this any different. You buy the discount, either in 3 week local value or in...
After hours of aggressive selling, it seems like every shallow bounce is just manipulated (bounce then fade!), yet the price is still holding up 92k. If we can manage to keep this level, there's a good chance we might retest the supply zone 97.3k-98.7k to form a lower high. Any rejection at the supply zone, I think sweeping those local lows of 88k-86k is...
Most info is on the chart I kept the candlesticks on the chart here, but I'd recommend removing them first when analyzing TPO charts, then adding them back in again to see current price action. In short: - currently trading below any value created in the past 7 days - reclaim 96k then potential rotation to daily VAH 97.2k - 97.5k is the inflection point to keep...
$FWOG fell below 1.618 fib level, and this usually end up dropping to 2 fib level. However, we might get a reaction at .185 to .175 for a retest (could be a good scalp targeting .25 to .26 (1.618 fib) Then from there, will see if we get a rejection to short it to $.14-ish
MIL:GOAT pulled up 62% off the lows, and it's now retracing as Bitcoin dominance rises up. Level that we're watching now for potential bounce is around 0.45 to 0.42 (4H demand) We'll be looking to long at this area, targeting .60s-.70s
Bitcoin dominance is soaring right now as CRYPTOCAP:BTC taking the lead. If we get a rejection around 58% on CRYPTOCAP:BTC.D , then will be picking some #alts POIs for MIL:ENA is around 1.12 to 1.09, will be targeting 1.40 to 1.50 (short term)
Bitcoin has broken past the psychological barrier at $100k, absorbing the internal liquidity. There's a chance it will shoot up to between $103.7k and $104k as the daily closes. We've marked out our 4-hour range; the price is now trading above the midpoint. If we manage to hold this level, we could potentially retest the range high around $106k. If we get a...
$DEGEN has reached its immediate supply zone and is now retesting the .015 resistance level. If it fails to break through .015, the price might decline to the range between .0135 and .0128, where there's a Fair Value Gap (FVG). Despite this, there's an expectation for another upward movement towards .016 to .017 in the coming days.
POIs I'm watching for potential bounce: 23.8 - ltf demand / hvn 23.2 - lower vwap band 22.7 - swing point retest (would prefer this one, if we get this!)