IkkeOmar

IkkeOmar

Before we analyse the chart, lets understand what MINA actually is: Utilizes Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge (zk-SNARKs) for authentication. Uses a prover (snarker) to ensure each block commits to the state. Implements Ouroboros Samasika proof-of-stake mechanism for consensus. Verifiers: Users who authenticate consensus...

IkkeOmar

The Trend Probability Indicator (TPI) for the mid-term trend on the ETHUSD pair has recently undergone a sharp downwards shift. As of today, the TPI value stands at 0.357. For context, two days ago, the TPI value was at 1. We did however see a big wick to the upside, which could indicate that we go lower, probably to fill out another fair value gap at 1875 on the...

IkkeOmar

SOL exhibits strong bullish sentiment for both the 3D (Long-term) and 1D (Mid-term) TPIs: which indicates promising growth potential that may fill the channel fib level at 1 (~34). Furthermore, SOL is currently displaying signs of outperformance compared to ETH: A green SOL/ETH color implies that SOL is surpassing ETH, and if the bullish trend persists, SOL...

IkkeOmar

Currently we are seing BTC dominance fall to a neutral trend territory: What does this mean for alts? When the market goes up and BTC dominance begins to weaken, that is often a sign that alts will begin to outperform for a period. We could see alt dominance bounce up to 11% before we see a recession and everything goes down again (maybe) Outlook on...

IkkeOmar

Monero has been heavily underperforming BTC for a long time, this means you are taking more risk holding XMR than if you are holding BTC however, I see XMR is beginning to enter a super bullish state, with a maximum TPI value of 1: This could mean that we could see a nice trend to the upside:

IkkeOmar Updated 

I see a potential fill to a Fair Value Gap and a Bullish Order for KAVA Risk 2% on this trade: This is an example of a continuation setup of my MATIC play from yesterday!

IkkeOmar

As of right now the Trend Probability Indicator is still bullish: this means that we are still on the lookout for continuations in the trend. We see a lot of altcoins pumping a lot, a good idea is too understand what levels the coins might retrace to, if you were to miss a pump. Currently we see that the dominance of alts still have room to grow, so if the...

IkkeOmar

Similar to the setup of the BINANCE:DOGEUSDT breakout that I showed before (linked below) there is a potential breakout that could happen similar to the doge Target the 0.618, 0.786 and 1 fib channel levels as take profit targets Move SL to Entry at the first target! Example for the Doge play:

IkkeOmar

I'd love to explain in long form, but I want to show this setup Please let me know if you would like a video of me going through live trades and actually explaining each concept

IkkeOmar

I saw a great chart published by plancton0618 (linked below) He says that there is a short term Uptrend on the SPX, at first I didn't think much about it, but I checked my mid term TPI (Trend Probability Indicator) and found that there is an uptrend begining on the mid-term. The short term seems incredibly strong: Either way, interesting to see, a potential...

IkkeOmar

I had made this earlier today but had forgot to post it, hope you get an additional entry<33 Similar to a KAVA play I made (linked below) And similar to my MATIC play from yesterday (linked below) The circle that is drawn is based from a lower timeframe confluence analysis (top-down analysis is my prefered method) This play would also have confluence with a...

IkkeOmar

We should see a breakout at some point from SOL if it starts to outperform ETH: SOL is currently heavily underperforming ETH, wait for SOL to outperform ETH while it's above the 0-line The breakout I see is similar to the recent ADA play: The line i have drawn isn't exactly how I view it, it could go lower in the channel before breaking out, it's obviously...

IkkeOmar

BTC showing slight weakness compared to last week, expecting consolidation TPI has fallen approximately 20% BTC is riding the sell line for the hunter algo, if we see rejection at this point there is no doubt in my mind that we go lower! Short term TPI is weak: Expecting a move down to fill out imbalance near 25K level TVC:GOLD is still going strong...

IkkeOmar Updated 

Momentum weakness on 1H bearish OB on MATIC Imbalance likely to be filled Close half of the trade at center of Fair Value Gap and move SL to Entry

IkkeOmar

I see a potential trade with 1.23 RR If the RSI bounces off the level of support it has, and continues to bounce to the recent high after filling out orders at one of the 8H fair value gaps, we could see a continuation of the trend Believe we go lower the next candles if the flat back bearish HA candle closes like this: Please give me some insight on your...

IkkeOmar

I had a talk with my mentor earlier today, and we talked about how we each calculate the signal for our allocation towards ETH compared to BTC. It got me thinking that a lot of people actually aren't aware of why they allocate capital to different assets in the same class! Case in an upwards trend When the trend is up and you want to maximize your returns in...

IkkeOmar

Intro Bitcoin and gold are both commonly considered stores of value. Many alt coins also claim to be a store of value After the recent banking issues in the world, we have seen these stores of value shoot to the sky in valuation. This got me thinking a bit about the old question, "What is best? BTC or Gold?" I believe this question really bases on the...

IkkeOmar

I marked out Order Blocks to determine a range for where APE is likely to be trading at, keep in mind... Markets are fractal Price is above the 4H Value Line, which means that we are biased towards long trades, we make value lines on a smaller timeframe (5 minute timeframe in this case) and wait for price to go below those value lines, we buy when the RSI is...