Alt season has arrived and my metrics for it met. Alts looking ripe to run here and btc to follow in the spring, will update in early spring late winter if nothing changes
leaning more towards an alt winterseason as btc holds high value level, as our sideways motion begins to define itself expect alts to run, waitimg for btc to solidify the 94-98 level, investors need to see strength in the high 90s and an alt season is sure to ensue. trade invalidated above 100750 alt season invalidated above 100750 alt season invalidated...
will reasses the ratio once bitcoin slows above 100k
eth/btc and btc.d are great ratios to measure, but to fully enter an alt season a couple things have to happen 1] BTC can not go above 100k or else money will be pulled from alts to be put into btc 2] BTC can not close a daily candle below 89k or else money will be pulled from all markets due to fear. 3] BTC holds high value level at 95k region BTC going past...
Im going to use this post for my volume and structure analysis of my indicators and for tuning my 'strategy' which is still unknown, this study will just be an analysis of my strategy and findings. Emmett and Vera, if you ever see this, your dada loves you very much and my work will always be here for you to see.
midline - vwma 55 st dev - 1.618 TF - Daily As you get to smaller tfs make the vwma longer and the st dev greater, for example: 1hr, vwma 300, st dev 2.9
Bitcoin will follow. Bitcoin top est. 102-1-6k for next impulse wave up, Eth could have a 20% day as well as i believe it will lead the charge
happy alt season everyone, load ur bags, you saw it here first! thanks trump
Watching the little brother, eth, tempting to take this up to the .618 but our target is the slanted blue line. Also PSX:POL looks prime for a 100% gain week
This was my short target and it was hit. My team is flipping long. If you like this chart and my previous ideas feel free to dm me. Its amazing i post this stuff for free
Closing leveraged longs moving into weekend as abundant liquidity lies at 95 and i don't want to pay funding or get scam wicked by dydx. Careful here.. Anything above 102k this weekend will peak my interest though. Watching..
This will trigger short stop losses and cause fomo buying, monday morning moves are usually fakeouts, i guess thats what im basing this on; think of trading like youre a market maker...
Historically, price between these green lower level consolidation is a low risk buy for long term hodlers. But as you can clearly see, bitcoin is heading for lower and lower volatility until one day the trend breaks. If you scroll right you can see the bull band and bear band come to a point.... what will happen then God only knows. If lower band breaks and we...
Im seeing people on X calling top on this and NASDAQ:MSTR and its honestly laughable. Suffice to say when i was about a year or two into trading i too called a top on bitcoin due to a daily rsi bearish divergence on a daily, clear as day; and guess what happened, blow off top to 60k. There were bears at 11k too. But this is an onlu up situation especially from...
These are areas of liquidity for a pullback from our current levels. Anything below our first green box is free fall territory imho.
We could easily reach up and touch 106 as well before we see any type of double digit percent move down. Just going to be trading the 10k jumps.
Measured move is seen from cyan blue vert line with labeled red price note- which is also the long term .786 fib extension from wave 1, will link that below
We must be aware of both sides of the coin, though bitcoin seems like were in an only up scenario we must keep track of the liquidity trail we leave behind.