dimidob

dimidob

Today's trade on SP500 CME's micro e-mini futures. Higher RSI bottom, bounce off weekly range high, plus successful retest of breakout from monthly lower highs trendline. Target fib 0.618, higher trendline around 4040 or more, esp if Fed raises with <0.5% Will post when trade closes. My entry: 3965

dimidob

We will likely revisit the lower areas of the 19-22k btc range, starting with a playout of the breakout of current channel.

dimidob

If SPX breaks the 4000 level we may see this scenario playing out. Based on support levels, fibonacci and moving averages.

dimidob

When a triangle has a saturation of candle touches on its upper narrow side it usually breaks towards that side. For example if one side has been touched by the candles twice as many times with higher density on the right narrow side, the price action tends to break out of the triangle on that side. Success rate 80%+

dimidob

ICP broke out of a long-term RSI trend on 1D followed by a bullish rsi divergence. Today as bitcoin hit a new intraday high followed by the 15% gains from yesterday (due to the Ukraine/Russia crypto inflows), ICP is painting a bullish picture. In fact ICP has been scraping the floor of heavily oversold RSI areas since January. There is a bullish breakout in the...

dimidob

Greetings ICP believers! :-) After a convincing breakout from the trendline ceiling of a 2-month long range ICP is ready to take off. RSI made a bullish bounce from the 50 level. There are three higher bottoms in RSI . Price action will likely attack levels of previous September run between 62 and 85 and if it holds there it may go to 120 region where 4-month...

dimidob Updated 

AAVE is painting a bullish W recovery candle formation assuming a weekly close above 318 today. Daily timeframe has pierced the RSI 50 level on the bullish side. There are three higher bottoms in RSI. On the weekly timeframe we have tapped the liquidity zone three times with relatively large wicks. AAVE is below EMA55 and MA200 on the daily timeframe and this...

dimidob Updated 

After five bounces from crucial support at 32500-33k and 8 higher RSI bottoms on 1-Day chart resolution, BTC is poised to breakout of the 50 RSI level, the descending channel and begin a slow climb to MA200 at $45,000, which coincides with the same height of the current channel if it were placed on top of itself. Then after confirmation of the breakout with a...

dimidob Updated 

After superbullish weekly candle close LINK will try to break out for the 0.5 fibonacci level at $33.9. I would enter 50% of the position now and 50% if we reach $21.4, as it coincides with EMA55 on 1D timeframe and top of candle bodies in recent past, or otherwise a confirmed support level that will be of interest for big entries. In case of weakness and...

dimidob Updated 

Luna played out the break of the descending channel in its entire height quite accurately. The asset reached the previously established support zone of 7.30-5.40 which formed prior to the bull run and a bounce from there should lead to targets of T1: 10,5 T2: 13.25 T3: 15.779. Smaller timeframes of 1H and 4H show multiple bullish RSI divergences and MFI levels...

dimidob Updated 

It goes without saying that rarely altcoins have true independence due to the strong correlation with the King of all Kings (Bitcoin), but once in a blue moon a coin tends to take on a trajectory of its own. After breaking a major tops trendline EOS is currently sitting at the retest on that very same trendline. If the retest holds we should see a comfortable...

dimidob Updated 

BTC closed a bearish candle which broke two key trendlines on the weekly timeframe. This coincided with Nasdaq's worst week since March. There is strong support around 9000, where BTC will likely do a swing failure pattern to run the stoplosses of longs and will then probably try to reclaim upper levels of 10500 upon finding liquidity, if successful then 11500 is...

dimidob Updated 

Double top on 6H RSI and lower highs on bitcoin point towards likely drop to 38-40K buy zone. Weekly green candle close of BTCUSDT is less than half of previous red candle's body, another sign of weakness. Weak third consecutive SP500 weekly close is hinting that the 1.9T stimulus package is already factored in the price and a tumble on today's stock market open...

dimidob Updated 

DOT bounced from the bottom of the ascending triangle and will likely next attempt to reach the fibonacci 0.5 (from ath to recent new low). This follows a tight range of 23-24.2 which formed a support over the last couple of days and today we broke out of this range with a convincing 4H candle and corresponding volume. Some of the alts already reached that...

dimidob Updated 

Short-term - after establishing support at $15+ DOT formed a higher bottom on RSI 1D and managed to break out through two crucial lines in both RSI and the chart.This led to an ATH today (3 Feb) and likely next move is to quickly tap supply at 17.70-18. If that supply level holds we may claim new heights at T1: $22 and T2: $23. Mid-term $30 by 8th of March unless...

dimidob Updated 

Just a quick idea. Bearish divergence in RSI, rejection after attempt to return to triangle that we broke out of, overwhelming selling volume and indecisive candles pattern point to possible sell off. Likely supply the major at 30k will be tapped quickly with a long wick and we are off to greener pastures. T1 - 31000 T2 - 29300

dimidob Updated 

ONT heading for resistance around MA200 on 1D after brief consolidation and established new bottom. Upper trendline forms first major resistance between 0.60-0.64 that coincides with major previous POC in that range. An immediate breakout above those levels will likely send the crypto to $1 mark. This trade is a long from $0.5 to $0.6

dimidob Updated 

A flock of auspicious signs in TA signals it might be time for ONT to finally reach a higher high on the higher TF at around $1.88: Increasing volume on weekly time frame; Closed green comfortably over EMA55 and MA200 on 1D; About to close green weekly candle above EMA55; Three higher bottoms in RSI + bullish divergence (higher bottom in RSI but wick of...