This idea is that ARB will see ranging price action with significant swings over the coming days weeks. Reclaiming the equilibrium would be major, but not sure if we get that just yet. If the range is lost, I see this heading toward $1.30 Some serious gains to be made even if it ranges for a little while. Overall structure is strong and bullish for a longer...
Filecoin is developing a long setup if the criteria is met - that is hold the MS break level (keep bullish structure in tact) and reclaim the macro range eq (black dashed line EQ). So long as it manages to do that, it will push the highs once more. At that point we monitor to see if it breaks out of the downward diagonal and pushed HTF Resistance or if another...
I am closely eyeing Injective here within this macro range of consolidation. - It is holding the downward diagonal - It is respecting the range eq - Demand below in green (which we may or may not re-visit) - want to see the range eq either hold immediately or be reclaimed, will evaluate over coming day(s) Criteria for me will be to hold/reclaim that eq and the...
I've entered a lot that I am currently monitoring, I think we may get one more dip into green before pushing up. Some key criteria: - Price has reclaimed the range eq(s) and needs to continue to hold on a retest over the coming 24 hours - Hold the ascending trendline and put in a higher low - Lose the range eq(s) and I'll get stopped, then it's likely down to...
NYSE:ENS reclaim of local range EQ (green zone) and this is my area of interest. Stable structure on low time frame and primed for a push up imo. Tight stop in case I didn't catch the low, but I expect a bounce soon if the market stays strong. Will update later.
$BLUR Price action is bullish remaining well above the 100ema and consolidating inside of the local range high/low. Nothing wrong with this chart, even if we get some volatility over the coming days. Failed reclaim of the range eq (red zone) for the 3rd time now. I like to see range eq's reclaimed as my version of 'confirmation' before taking an entry, so...
Bitcoin appears to be in vertical accumulation currently within this ascending range. Prices continues to respect the range lows and continuously grinding up. Hold the range and 55k is is likely. Consider the upcoming ETF announcement, stay vigilant. Cheers, Vatsik
Currently looking for a structure like this to play out on Kaspa. Criteria is - sweep in demand while holding that range low with only deviations below as acceptable - consolidate inside range for an ultimate reclaim of key S/R in green zone Time will tell and will only take the trade if it plays out similar to this structure, timing of it has next to no...
If you think we are going to get major opportunities to buy much cheaper Bitcoin in the near future, you may be surprised if we don't get the chance. Bitcoin has already touched the lower range (green box) of macro accumulation that we've seen in the past, twice, which is typical in a bear market with the second usually as a higher low. This has already...
Previously Verasity broke out of the macro downtrend in June 2023 as I wanted to / predicted. However, it was anti-climactic because it was weak and re-entered the re-accumulation zone in yellow. Which I was boldly saying, was an opportunity imo. NOW , we have just seen the next phase I wanted to see which is a reclaim of the macro SR level in green. This is...
Fetch is currently testing monthly resistance (red) and above a significant macro support level (green) with a lower time frame range that has formed in the current PA. I see additional consolidation before a next leg up to 90 cents. Currently monitoring for a long setup lower down toward the range's lower quarter quadrant, but want to see a low establish and...
Thoughts on THETA are this: - Swing failure double top weakness led to this correction (and H&S pattern at the top) - Currently fighting to maintain current local s/r level - 618 fib below is next area of interest if current s/r is lost - want to see a sweep of the local leg's low then swift reaction/buy-back Time will tell if the market allows this trade, ...
FWB:PEPE Here is what I currently see on this meme coin: 1) Accumulation (yellow) powered the move to break out of the first major resistance level and that area is now smoke in mirrors 2) Reclaim of a second major resistance level that price consolidated at for quite some time with high regard and next to zero deviations below it 3) Reclaim of 100 EMA 4)...
My current thoughts on FET are that we sweep liquidity in green, unless the above supply level is confidently flipped. We have a rounding off top (3rd attempt to break this level) with weakness showing. Liquidity, untapped, remains below in green if it cannot push past this resistance area soon. Another great opportunity to accumulate for the long term if we...
My current thoughts on Solana are we see a continued push into Green zone with a major pullback down to the major range breakout around 55-60. Nothing goes straight up, it will be due for a correction and this area makes the most sense to me as well as a deep correction or possibly even deeper, will continue to monitor PA. As ugly as this current weekly candle...
In this chart, which I have shared previously in August 2022, I explain that we had reached our bottom back in November 2022 and would likely put in an accumulation range (green rectangle boxes) over a period of time - this has now happened exactly. I don't mean to post this to prove I was 'right', I do it because it gives some clarity to those long-term...
Verasity - whether you believe in the artificial intelligence narrative or not, you may be sleeping on a giant. My question to you would be - did you predict the NFT narrative and invest in solana at $1 ? The obvious answer is likely not early enough. Whether we believe in AI or not, it is coming. With every crypto cycle, investors and traders love a new and...
Evening Folks, Here I provide some context around my analysis on Solana and I predominantly focus on specific technical criteria, I am a structural price action trader. I think retail is sleeping on this giant - letting it drift away from portfolios via the uncertainty of its future, similar to that of Ethereum in 2019. This is fair, as an investor, to be wary...