Hey guys and girls, BTC putting in lower highs here, weak moves and sideways action. No matter what anyone says the trading is not great right now. There are a few particular projects that will run a little but nothing worth stressing over. I am preparing for a boring weekend! Time for a beer!
BTC Daily chart showing an increase in trading volume. But price is not giving us much to go off. Daily bearish Money Flow seems to be stariting to curve higher and we printed a bullish trigger wave, so the momentum looks tone shifting to the upside here. It will be interesting to see what happens over this week.
BTC 4h is pointing towards a move higher here, Cipher B is showing all indicators are moving higher and a bullish trigger wave has formed here giving us a signal for a potential push higher. We need to close a 4h candle above key 4h resistance for us to make a move towards the top of the pattern.
Here we can see on the daily TF that we are forming a very strong looking Cup and Handle Pattern. If we break to the upside, that means one of two things. A) Everyone decided crypto is the future and we all start buy USDT to buy and hold crypto. B) Money is quickly leaving the market and it is time to start preparing for the bear market.
USDT Dominance is in this bullish Megaphone Pattern and we are attacking a key resistance level and also forming a daily Cup and Handle Pattern. If we break to the upside, We could be gearing up for the bear market here. Things are all starting to point towards a bearish couple of months for BTC and crypto as a whole. Of course, this all a speculation but we...
BTC Dominance has rejected the upper trend line and we are seeing a nice big daily red candle forming. We also are forming a double top pattern, which if it plays out we could see a significant drop in the BTC dominance. That could mean alts will have a chance to run again. Especially wince we are at range lows on most altcoin setups.
BTC had a strong rejection in our zone of resistance, not a great sign, if we want to tackle these previous highs then we will need a strong push up and break Market Structure to the upside. We are definitely gearing up for a move soon. Up or down? The signs are pointing down currently but who knows BTC might surprise us!
Here are the most important BTC levels for us to be watching IMO We are in a large area of resistance on the macro TF and I would really like to see BTC break up out of this rising wedge pattern and out of this large area of resistance. If we decide to break to the upside my next targets would be 50k, 55k, and 59k, I will be watching closely because if for some...
Hey everyone, Here are my BTC Bear Market Targets Target 1 is my most likely area of support and Target 2 is more of a black swan event support level. 14K is very possible and will be a golden buying opportunity for BTC. I am currently leaning towards a bear market to come, I think there is a possibility we recover but the signs are telling me the worse is to...
SOL looks to be pulling back to the Daily Bullish OB, where I will be looking for a Long entry and potentially hold for 1-3 months. SOL LIMIT LONG Entry - 91.37, 87.90 Stop Loss - 83.5 Take Profit levels - 104, 113, 121, 130 and longer term, 141 Not Financial Advice, DYOR. This is purely educational and this is just my trading setup that I will be looking to...
BTC 4h looking like we could print another trigger wave on cipher B and see some more short term upside, potentially even break the previous high which would be the ideal scenario, but I am still leaning more towards a bearish scenario where we come to retest the bullish daily OB. Money flow is still in the green and we are sitting on on 4h support, we could hold...
BTC Daily has failed to break the last swing high and there is a very high chance we come down to test the Daily Bullish OB. At which I will be looking to enter Longs on both BTC and Altcoins. The Major resistance we really need to break here is 45.5k, on the plus side we have attacked it twice already so a 3rd time will give us a high likelihood of a...
Cipher B showing string signs of good things to come, Overall market momentum is leaning heavily towards the upside as of now. Money flow looks like it's ready to cross over into the green on the daily which is a very strong sign of some positive price action to come.
Here is how I am looking at the Daily resistance levels. I think we need to break and hold 46k before we can make any significant move higher. 46-49.5k there is a high Volume Node on the VPVR and that is why we are having a lot of trouble breaking through. There is very little resitance between 40-46k so it's easy to see big moves up and down in this area, as we...
Here are my thoughts on BTC Daily chart. As we just printed a daily Bullish OB we will either test it within the next week or we will continue up and retest it after coming up to a strong daily resistance. Though there is very string overhead resistance between 46-48K. So I would like to see us test this Bullish Daily OB before moving higher.
INJ daily is telling us the same narrative, momentum is shifting upwards and we will likely be headed to the upside for the mid term. I will be looking for some good entries as I posted earlier on the 4h chart.
INJ 4H very bullish looking chart, Cipher B indicating a strong move up is coming. We are looking for a double bottom inside this falling wedge, and a trigger wave to form giving us the go ahead for a breakout to the upside and a very nice potential trade. I will be buying the breakout when the indicators give me confluence we will head higher. That is what a...
BTC 4H is looking very nice here. We are seeing momentum start to slow down here and give it time to cool off and put in a higher low so we can move higher. Wolf pack ID is showing bullish strength and the RSI,STOCH and SVWAP are showing us a move down is inevitable here. Time to look for more entries!