this point is showing a time where we can start riding a wave. watch for the next couple of days to see where the wind blows.
looking not so good. oil price failing to brake below monthly fib mid lvl.
12.08 heavy shorting: 1) brake below 23800 on the daily 2)push into 25400 and rejecting. 30.08 *) broke below the mid lvl *) failed to reclaim the descending weekly 12ma *) rejected aggressively from the marked order block around 25K !!! action plan for the coming month 1) failure to hold above mid lvl and change the 12/21 ma will provide a point bias into...
eth reached 1919 now its on the top range on the daily since the massive drop i believe there is still place to push a bit higher above on the 3d are 50ema and 300 ema. i expect to get a reaction to the downside. will start positioning short on a deviation above 1920ish
with the drop on the 13 of june we had a Stoll of few hours which is marked as a small range. it confluencing with: the wick on 11th of may. the 100 daily ma -0.236 fib lvl and the mid lvl of the ascending fib channel all this gives us an excepted reaction to the down side the levels where the reaction will happen - 24900 - 25600 this is going to be my big size...
just a copy paste from the past and it kinda fits. but i am still bearish as the macro looks like shite
reaching the top of the range and a level of high confluence has a bit more to go and looking into rejection if the rejection plays out will ride to the bottom of the range with the set tp on the way
no sign of strength whatsoever. if relief bounce then short the top of it
25.04 weekly very overbought. 3d bear div on the rsi since the 13 april. 4h showing slow down and losing strength. closing position would be when the slow down is just distribution. opening a short with small position due to high sl and the above mentioned.
pa shows strong move into s/r where i excpect a strong reaction to the down side depends on the market bias
perfect idea wanted to memorise for myself the execution was garbage took proofit too much on the way down needed to go with the plan
continuing with the plan until a clear brake of the chanel
25.3.2022 1. above lpoc = wait to see if consolidates and goes higher to show strength ==>> lower time frames 2. above mid range acuumilte more => probability to go higher 3. 3150-3250 important level follow closely on PA and momentum 4. any retrace into red trend line is a buy
05.04 if the price comes to 0.06 there would be a strong reaction. if price hangs around the mid level than continuation higher. look for longs unless 0.06 does not hold
still ranging still grinding waiting to brake the 46 until then range with a chance to go to the untested order block
needs to show strength above the ATH=clear brake and consolidation. below S/R=32ish which is also mid point and POC since august will be trend reversal and bear.