fritbjorn

19:39

fritbjorn

This video went a little longer than I wanted. I go over levels briefly, describing the market activity we witnessed today and plans if we end up with a new level forming. Taking into account psychological with actual levels and cautioning shorting at any sub level going forward due to the large amount of open contracts below price action in the lower / golden...

11:51

fritbjorn

In this video I go over levels, targets, and drill in a little more on my methods and why I remain long for the high range and also why I am long on the lower levels too. I would not short now because we are just above a golden pocket. Don't forget to set your pivot levels. I like to take insurance shorts at pivot levels of about 10% of my holdings which is very...

fritbjorn Updated 

Coin Market Cap Ranking # 726 down from 717 yesterday Volume across all exchanges higher today $303,252 up from $281,058 yesterday Golden Pocket size has increased range 1432-1474 with open contracts approaching 3,000,000 VARA. These are only the orders that we can see but rest assured if price wicks down there it will no doubt trigger automated long contracts to...

fritbjorn

These are the levels, trend lines are psychological not real. Traders draw lines and then see a pattern, it is an illusion. What is real right now is that golden pocket and that TP1 target. Focus on what is real and you will make wins. Also, to get a change in structure there has to be expansion which means a headfake or two hitting lower lows. This thing is not...

fritbjorn

Very tight bullish squeeze forming visible up to the 30 minute. This is substantial considering the low volume. Bullish squeeze breakouts are preceded by long periods of flat sideways trading where sellers are almost non-existent and buyers open orders below the price action. Vara Coin Market Cap Ranking today at #717 up from #758 a week ago. 24 hour volume...

fritbjorn

Ok my mobile, so forgive any typos. This trend line is about to bust as price is reaching the to of that triangle. It is like a Squeeze on steroids.

fritbjorn

As you can see VARA has broken out of the squeeze. It has completed the head fake followed by a confirmed pipe bottom and healthy wick. Price action has bounced significantly forming a higher high and a higher low with a confirmed pipe bottom and good reaction off of the golden pocket which consists of massive orders waiting for you to sell into. As a swing trader...

09:19

fritbjorn

Shout out to @Wesunderhill for snagging a solid entry of 300k which I could confirm at the time in order flow. In this video I go over why I think that that level was an amazing entry and how I perceive the remaining market oscillation to perform. We are still hunting that elusive failed auction which we may have just witnessed first hand. Taking a market maker's...

11:51

fritbjorn

The probability of this asset breaking out above the current range becomes more and more likely the further down this channel we experience these large swings. Each oscillation of price action against the upper and lower bands of this squeeze promote expansion. I describe in this video why this scenario IS the likely outcome even against a bearish BTC.

fritbjorn

I know I sound like a broken record but this asset IS still in a squeeze, thus TRADE THE RANGE. A lot of shredding of this chart is going to start happening as this squeeze starts to expand out. We are going to see BIG MOVES in every direction. Use this as an opportunity to take some money out of this market, it is a win win for all of us. Sell insurance shorts at...

fritbjorn

These are the only levels that matter in this moment, beware that top level will violently burst when it gets tapped too many times. It comes down to the taps. Double, triple, 4, 5 6 taps all add up to weakening resistance. Trade the range but know the risk, you will lose at least one moonshot in your career, make sure you don't lose the bank. Pullbacks are GOLDEN...

fritbjorn

Here are the current pivot points with 2 major levels showing up all of a sudden consisting of very thick order walls protected on both sides with a slew of orders.

fritbjorn

Anytime two bullish levels intersect it is considered confluence. When two bullish technical levels intersect it is called bullish confluence. The yellow lines indicate the bottom of the range according to trend, the green box indicates the bottom of the horizontal squeeze range. The trend means absolutely nothing to us other than to mark where anticipated wick...

fritbjorn Updated 

For those of you who keep saying that the range has broken, please kindly take a glance at my chart. This range was never broken. The asset has dipped very low into the pocket and will likely produce a massive wick. VARA is in a situation where the range is descending ever so slightly into a bullish squeeze which consolidates horizontally over the long term. All...

fritbjorn Updated 

Correlation with VARA is strong, MATIC price action drawn down by FUD pulling price into a bullish pocket. Order Flow (Bookmap) Pivot Levels $0.62 (Bearish Pivot) $0.3751 (Bullish Pivot) 65% PLUS LONG POTENTIAL

fritbjorn

Price action has been in a bullish squeeze for the past day with the first head fake down into the bullish pocket early this morning. VARA has a massive bullish weekly candle with still about 9 hours remaining. The weekly candle that starts tomorrow is statistically more likely to close green and at a much higher price. This bullish movement is far from over...

10:34

fritbjorn

UPDATE! See in chart video for levels, pivot points, and targets.

fritbjorn

I remain long on this asset which remains within a long squeeze. This range we are trading is phenomenal in nature providing some of the easiest entry points at pivot levels that have been highly predictable in nature. The weekly candle has about a day left and remains strongly bullish. Statistics show that the next weekly candle will be green, probability towards...