- Low capp AMM (automated market maker) Risk/Reward: 12.59
Since the last week of februari, the bitcoin price was ranging between ~$45000 & ~$52000. Now we see the price broke out of the range. What's next? First i want to talk about what actually happened Because i spotted something interesting. We where trading in a range, and at the same time price was forming a Wyckoff re-accumulation schematic. (in my...
Currently i'm patiently waiting for a possible entry. My POI is marked in the chart so, i'll sit on my hands untill the zone is reached. Price reached the POI, whats next? I'll look for a long entry. I'll update the targets if we are at the POI !
The Dollar should move a little upwards this week before we see more bearish action
Bitcoin did fill the 78.6% fibonacci retracement. In most situations, a fib level should be tapped twice. And that's exactly what Bitcoin is showing right now. We saw the first spike towards this fib level. Followed by a second spike ( so far ). What if the price goes below the trendline? If price is going below the trendline what's currently holding, than we...
If i look to the bullrun in 2017, i see some When I look at the bull run in 2017, I now see some similarities. Look at the break of the ath, the 1st consolidation after that, and then the run up. So following the previous cycles, I really think this could be the road that Bitcoin is going to follow. In the chart below, you can see the Bullrun from 2017. Let me...
Is this coincidence? Or do i almost the same price action as a couple years ago with the halving event? Thank you for checking my analysis! Do you have tips or other comments? Tell me please! I'm open for feedback!
The price action that ETH is showing, looks for me verry similar with the price action in 2017. And then specifically just before price went to his All Time High. Recently charts showing a strong breakout candle, followed by a nice retest. So we could see some more bullish price action in the coming weeks. Thank you for checking my analysis! Do you have tips or...
We see that Bitcoin is trading in a range since ~ 8 January. What is this chart showing? - There was a shift in Market Structure at the 10th off January - After this shift we saw the Lower-Low - I see Equal high's, those should get hunted (imo) (My) Conclusion: I placed my short order at 50% of the orderblock (blue). I think this could be a major turning point...
Btc hunted the equal lows. Those stops are taken. I made a entry at the orderblock right below that equals. Price could sweep the recent high into the bearish orderblock (orange) The stoploss is placed verry tight, at that point i think the setup is invalidated.
LTC Nice break & retest of the weekly & monthly resistance. Next up: $225
I'll open a long trade. I have currenly 1 trade running, this wil be a add.
Long trade opened. (second long position. see previous chart) - 61.8% fib claimed - targets -> fib extension levels - might see some wickfish towards $31800
Bitcoin long trade opened at the daily orderblock, in confluence with the 61.8% fibonacci retracement. The fibonacci extension levels are my take profits.
long after daviation of the range low. tp1 is range high. tp2 can be extended towards the higher timeframe range high
While most people are talking about the fundementals, i look at the charts. Actually i see a pretty bullish chart. On the weekly, we see a broken trendline. This trendline is tested now. This is all in line with the fib 78.6% retracement. The daily fib fulfilled the fib extension target (-0.618) almost PERFECTLY. So overall, the charts are looking pretty...