BitcoinBreakfast

BitcoinBreakfast Updated  May 9, 2019

XRP already at the bottom of the 4H demand zone, doesn't look like it will hold either. If zone breaks, looking at a 28.1% drop to the monthly demand zone (light grey), or a deeper drop into the weekly zone (dark grey) inside the monthly zone which represents a 43.6% drop.

BitcoinBreakfast May 8, 2019

I think the $6.2-$6.4k area is the top for this cycle now. I am looking to sell the area and will scale-in the area in two parts. This supply zone has great confluence with the High Volume Node ( HVN ) and is technically the area where BTC broke down to the lows of $3k. The target for this trade will be $5.1k and $4.1k. Might seem far off... But will see how...

BitcoinBreakfast Updated  May 7, 2019

Groestlcoin... what a name. Anyway, made a nice rounded retest of the initial pump off the Mastercard news. No brainer long imo. Clear risk defined and targeting the PPZ

BitcoinBreakfast Updated  Apr 30, 2019

I have a bearish bias on Bund, since it has hit monthly supply above. On the daily, we have a new supply zone in purple with good confluence of a HVN. On the H4, a nice channel return to the daily supply zone. If price goes above 167.595, I am wrong on this trade.

BitcoinBreakfast Updated  Apr 27, 2019

XEM has returned to the demand zone as shown in the chart. However, a V-return to the zone is generally bearish. Still, alt-coins are jumping around and the VPVR POC gives some good confluence with this demand zone. Risking a little lesser here

BitcoinBreakfast Apr 22, 2019

RVN has hit the 1D and H4 demand zone, including a shift in market structure. If you know what you're looking for... ;) Invalidation level is 0.00001063, targeting 0.00001520

BitcoinBreakfast Apr 22, 2019

LTCBTC fails to show any signs of strength on the lower timeframe. Unless it shows bullish market structure, I think LTCBTC will retrace back to the lower demand zones. Subsequently, we can use the LTCUSD chart as a proxy to determine which demand zone we can buy as there is a very clear structure on LTCUSD that is key for more longs.

BitcoinBreakfast Updated  Apr 22, 2019

XLM looks good to buy at the demand zone. Basic stuff

BitcoinBreakfast Updated  Apr 22, 2019

Short setups on the DAX on the H4...

BitcoinBreakfast Updated  Apr 18, 2019

USDCHF stair stepping its way to the highs of 1.01284 Bullish bias comes from engulfed supply and bearish price action was quickly reversed. Any move towards demand zone at 0.99469 can be a buy if a bear-trap setup forms

BitcoinBreakfast Apr 17, 2019

AUDUSD approaching daily supply. Potential first-touch setup or a bull-trap setup. Either way, similar case on AUDJPY as well. Decent confluence- PPZ in the supply zone, high volume node. Tentative target would be the lows at 0.70528

BitcoinBreakfast Apr 16, 2019

I really think EURUSD goes up from here after forming a bear-trap setup into demand zone. Will target higher timeframe supply in which I will short heavily into

BitcoinBreakfast Apr 5, 2019

AUDJPY showing some strength. Would be interested to sell if it reaches the weekly supply zone.

BitcoinBreakfast Updated  Apr 1, 2019

While everyone is getting overly-ecstatic over BTC >$4k and alt-coins pumping, here's a setup I've been waiting for over 2 weeks now... Perfect channel up to supply and a possible bear-trap setup. Targetting the lower demand zone

BitcoinBreakfast Updated  Apr 1, 2019

If you know what to look for...

BitcoinBreakfast Updated  Mar 25, 2019

Change in market structure to the downside now.

BitcoinBreakfast Mar 10, 2019

Price spiked the high, typical Swing failure. Engulfed demand, bounced at lower demand zone. Looking to be a seller above, targeting stops below

BitcoinBreakfast Mar 9, 2019

Price approaching demand zone. Demand zone in confluence with the flow uptrend and VPVR point of control.