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Ictstudent

$ETH - Possible to break lower Liquidity, FVG's $860 - *SMT*SMT= Smart Money Theory. Please see the related tutorial. Als in related ideas is the the call for the current BTC low and it was called over a month a head of time. as to the explanation of Smart Money. No Trendlines, no indicators, no moving averages, bear flags/bull flags harmonics., Elliot wave etc. Price attacks liquidity for one, and then it fills imbalances second. Additionally,all charts are manipulated period. Take everything you think you knew about technical analysis and forget it. There are weekly and daily fair value gaps lower around the 860 to 790 area that the price could easily drop to after breaking sell-side liquidity. For one I've seen many posts calling for bullishness when there's been no confirmation of any BULLISHNESS in this chart. If you're following the herd, you migjt as well get ready for the slaughter. Do i Think the price will hit the lows I said? Maybe? Maybe not? But I know they are not going up anytime soon, at least until Tuesday or Wednesday when the weekly profile starts to take shape. The Set up is also a dead giveaway. highest short around 1650, which was reaching up into the daily bearish order block. As it sells off, when it tried to move back up it is immediately rejected by another order block. Measured with a fib From top to bottom The extension or standard deviation lands on the median of the fair value gap below the sell side liquidity. So by the time it hits 860 - 800 is when we might see the low as it fulfills the imbalance left by the fair vale gap years ago. The only thing we can do is to wait ;) Good Luck and Good Trading -BodiesXWix - Smart Money Crypto
COINBASE:ETHUSD
by BodiesXWix
$dYdX -Hit Top of Daily Bearish Order Block- Now Retracing *SMTSMT = See related idea on the analysis of what Smart Money Theory is. $dYdX seems to be the only crypto worth trading at the moment. As it hit the top of the Daily bearish order block and started reversing. Wick may have went through each side on the 4 hour but two four hour candles closed inside below the median of the Daily bearish order block . This is bearish movement. So I have two take profits. The first is within the huge 4 hour Fair Value gap below. Entry 2.441 Take Profit 1 - 2.068 (Top of Breaker) Take Profit 2 - 1.946 (Bottom of Breaker) Stop loss - CLOSES ABOVE 2.538 on the1 hour I don't play the stop loss game unless I'm Not going to pay attention and what matters on a stop loss is the close not We'll See what happens. But thats my educated guess. Usually, Smart Money teaches me right. (See related Idea Bitcoin- last short
Short
by BodiesXWix
High probable Sell ConditionsAs the DXY kept dropping lower, Stock Indices such as the Dow and the SPXUSD kept rallying higher as expected. From my weekly forecast I expect the DXY to rally once more taking out the current swing high on the overall daily timeframe, and as expected, Both US30 and the SPXUSD indicating bearish confluence factors (such as bearish cracks in correlation, Bearish turtle soup conditions). Therefore, for the upcoming weeks we're most likely going to trade to that 3491.3 level. This is the highest probable scenario amoung others (because there's always more than one possible outcome).
FOREXCOM:SPX500Short
by Cyber_FX