
If we look at ETH we may see that it rose 75% in the last month. For TOP-1 Altcoin that's a lot. A lot of people asking where the end to that bullrun may be and I think we are really close. Usually, bullish momentum happens fast and with huge volume. Price stops and reverses when volume starts falling. As volume is an indicator that people who were pushing the...
BTC has high correlation with S&P so we will analyze them both globally and locally. S&P Globally We broke trendline on daily timeframe and came to zone of demand. Now we are accumulating power close to it and soon can break through. Also, it's only second approach so be carefull with bullish expactations. S&P Locally We can see nice accumulation. Also price...
Yesterday we took stoplosses of bulls as I predicted. Afterwards we saw rally up to the trendline. Now we did false breakout, those trapping a lot of bulls. Market will be still until we see Non Farm Payrolls data in 4 hours. Forecast - 280K If we will be higher, we will see green scenario If we will be lower, we will see orange scenario. Be carefull...
Reasons to take long: ⭐️ BTC bullish ⭐️ Trend is bullish ⭐️ Level is 41 days old ⭐️ Level is clearly seen on daily timeframe ⭐️ 6th touch ⭐️ 55 ATR ⭐️ Squeezing VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to...
Reasons to take long: ⭐️ BTC bullish ⭐️ Squeezing to the trendline ⭐️ Trendline is 3d old ⭐️ Trendline is clearly seen on daily timeframe ⭐️ 40 ATR ⭐️ Squeezing VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to...
Reasons to take short: ⭐️ BTC bullish ⭐️ Squeezing to the level ⭐️ Accumulation 5 days ⭐️ Level is clearly seen on daily timeframe ⭐️ Buyer is pushing the price ⭐️ Over VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss...
Nice short can be seen on Wheat. If you look at the daily timeframe we are in strong downtrend and keep squeezing to the level. Ukraine started exporting its grain again and first ship already sailed out of the port. One ship won't change much for the world, but fundamentally it's very important news for the market. That's why we can expect more fall in the...
Reasons to take short: ⭐️ BTC Bearish ⭐️ Did false breakout ⭐️ Squeezing to the trendline ⭐️ Coudn't update high ⭐️ Volume at bottom appeared but there no reaction ⭐️ Under VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss...
BTC Globally Last couple days we've seen bullish movement up and a lot of alts gave profit of 20-30%. It was enough to create huge FOMO in the market and make a lot of people open positions BTC locally We formed a lot of lows and it looks like BTC is going to update them to collect stoplosses of bulls. If we see big volume at relow and then come back above...
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
For the last couple days we saw BTC falling, scaring a lot of bulls away. Finally we came to an interesting level at 22500 which we retested as support when we were rising to 24700. Locally we also have a trendline on top, which makes BTC locally bearish until we squeeze to it and break it. Usually marketmaker plays his cards when maximum amount of traders get...
XAU Globally We broke throught huge trendline, this breaking bearish trend and becoming bullish once again XAU Locally We stopped before important level at 110 and currently accumulating power below it. Accumulation looks healthy and is 27d old right now. After more squeezing it may be a good idea to open long. As targets we may choose gaps - one at 114 and...
If you look at the picture we can see zone of interest that was acting as support. However buyer wasn't strong enough to hold the price and we broke down. Right now many people got trapped with local trendline and squeezing to the zone. They opened longs but it's likely that was just a retest. I expect continuation of fall with first target at 90$ unless black...
ETH Globally Still waiting for ETH 2.0, only 1 month left. Dominance is slowly coming into the coin and general trend is stronger than BTC's. We came to strong resistance and now Accumulating below it ETH Locally Since level on daily chart is very strong, we formed a range. If we want to break this, it's better to wait for at least 3-4 days of accumulation, but...
BTC has high correlation with S&P so we will analyze them both globally and locally. S&P Globally We broke trendline on daily timeframe and coming to strong zone of interest. It's likely that we will bounce on first touch since approach is too sharp S&P Locally Again, can bounce from the key level, however if we accumulate for a couple days price may break...
Reasons to take short: ⭐️ BTC doesn't look strong today ⭐️ Slowly squeezing to the trendline ⭐️ Volume at top ⭐️ Volume is decreasing ⭐️ 40 ATR ⭐️ Under VWAP Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by...
Reasons to take short: ⭐️ Coin rose 90%, correction is needed ⭐️ We ended Elliot wave growth pattern ⭐️ Bearish divergence ⭐️ Volume leaving the coin ⭐️ 350 ATR You can enter when price squeezes to the level on 5m timeframe or to the trendline, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's...
Ethereum is superbullish until realease of 2.0. That's why it shows better growth than BTC. Be carefull with putting your stoplosses behind pinbars as the chart shows that they are constantly getting hunted. At top we see trendline which will be nice to long later I expect at least one more sl hunt before we squeeze to the trendline and breakout. What do you...