A fantastic project constantly in development with real world use. I think there is still time for entry just below current price. Dashed white lines are my take profit Dynamic RSI Zones indicator by Cryptorhythms DRSI settings RSI 14 Overbought Decay 60 OversoldDecay 60 TF 3D t.me For more information join the CryptoRhythms Telegram group and tell...
Just because ENJ previously pumped around this level does not mean it will do so again from the same level. People seem to have forgotten the previous pump was after the Samsung announcement.
With everyone screaming long, 16k, ATH, Bull Run, Parabolic... Pour yourself a glass of your favourite smooth bourbon on the rocks. Sit back, zoom out and slowly take a sip. There's no rush. Just look at the volume profile. Place your long orders below 5k. The price should go a little lower than that for the entry of champions. Check back next week. Go enjoy your...
In Ancient Greek folklore, a phoenix is a long-lived bird that cyclically regenerates or is otherwise born again. Associated with the sun, a phoenix obtains new life by arising from the ashes of its predecessor. Will Bitcoin Rise from the Ashes? Possibility to see the rare fulcrum pattern, if we get another mini ihs pattern forming on the right side. This would...
This chart shows levels at which people entered short and the levels at which they liquidate using 10x leverage on BitMEX Blue boxes short entry Red boxes liquidation level Volume profile indicator seen on the left was used to determine this. WHITE - BUY VOLUME GREY SELL VOLUME Life is full of coincidences right? Look at how quick liquidation levels are...
Miner Capitulation / Hash Ribbons has signaled a buy on daily suggesting that hash rate is stabilizing. Hash ribbons flipped a few days ago and today the SMA 10 crossed over the SMA 20 which is the secondary condition for a long. Looking at a long term scope, this strategy was supposed to beat even an early buy & hold. Mostly by reducing drawdowns significantly....
Comparing price action, volume, moving averages. About half the volume this year Pattern is very similar Below MA's, same as last year Looking at 6900 for long but 7200-7300 is support, so being patient and won't enter until support confirmed over the next few days probably.
On the left is the log chart with parallel channels. Notice the price just wicked close to the bottom of the main up channel and the bottom of the current down channel for LTF On the right is the linear chart with parallel channels. Notice the 11-12k candles rejected off the centre of the main up channel and we are below the centre of the current down channel for...
On the left we have the coinbase 4hr chart from October. You can see the shakeout drop from 7990 to 7300 There is a spike in volume which acts as a spring to pump price to 10540 On the right we have the coinbase 4hr chart from November. Don't be fooled in to thinking this is the same price action. After distribution finished, the price dropped. Slowed by the...
Price bounced off weekly volume support around 7900 Then wicked off the weekly volume resistance above, around 8700 We are now sat on daily resistance around 8280 waiting to see if it holds as support before adding long
"Why do we fall, Bruce? So that we can learn to pick ourselves back up." INVERSE BATMAN AND SHOULDERS!
So price finally broke both Symmetrical triangle and Descending triangle on the Daily chart. Price is currently at the bottom of the upward channel on the Monthly and the Downward channel on Weekly / Dailly. If you are following the 16k possibility called for October, that would put the price at the top of the upward channel for the end of October. I have...
Short term trade looking for a long here. 10150-10250 TP 10500 TP 10700
Building long below 10k Action looks like order books being cleared for fast moves Chart has TV volume profile indicator if you don't have a subscription, use my referral and get one. tradingview.go2cloud.org SmartFibo Bull Bear FIlter and BBF Signals, see my good friend: t.me www.tradingview.com MCMA - Multi custom moving average just my own script to...
Intro Introducing the Bitcoin Difficulty Ribbon. When the ribbon compresses, or flips negative, these are the best times to buy Bitcoin. The ribbon consists of simple moving averages on mining difficulty so we can easily see the rate of change in difficulty. Attribution This Indicator was created by Willy Woo of Woonomics based upon the ideas of Vinny...
July 4th Action & CME Gaps to Fill Just a few quick thoughts about our current situation... as always not financial advice, DYOR, etc! I think the chart write up mostly speaks for itself. Still a few CME gaps to close one above us @ 11,500-12000. I suspect we may end up in this area tomorrow. Then on the 4th of July when CME is close we gap down. There...