ajthegiraffe

ajthegiraffe

ATOM has been in a range for what seems like forever in crypto. It's pushed above mid range again after making a higher low (on higher time frame), if it can hold mid range after a retest, the arrows would prove to be a solid entry targeting range high and all time high+. Indicators have been reset fairly well and all significant moving averages and vwap's are below now.

ajthegiraffe

The red box I had shared previously got tapped last night and although I wasn't able to take advantage of it due to time zone differences, price reacted very well to it and immediately proceeded to sell off. There is a fresh H4 supply of "underwater" sellers at the 47.5k-48.5k (the last red candle before this move up) in addition to the dark green support below...

ajthegiraffe

The idea was for BTC to pick a direction and sure enough, it's chosen down first instead of giving us the ideal short entry. Alts have been getting hammered as folks capitulate and panic sell everything. With that being said, there is a bullish div on H4 indicating that someone is accumulating. Unless this breaks, it leads me to believe that we may not get the...

ajthegiraffe

With #BTC showing weakness despite solid FA events recently(tether case results, square buying, Saylor buying more etc), maybe we visit the bottom first. The green box is adjusted up a little bit to cover the front running that has been happening quite a bit during this bullrun. The green box also corresponds to daily support + 200 MA's + 30d vwap