The price building up momentum for a swing low, with huge untraded gaps underneath. Entry short - 0.86-0.88 SL-0.926 TP-0.5337
Hello friends, the price fell sharply, and now it's approaching a strong bullish OB + OTE zone. I expect one final leg up before the real capitulation, filling the FVG on the upside. I would be looking for a local long opportunity rather than shorting now.
What's up folks, ATOM is moving as was predicted. I think ATOM will retrace to the 11,5-11,6 area where I'll be looking for a local long setup with the target at 13,8-13,9. It's worth noting that, on the ATOMBTC pair, the price filled a monthly gap (full fill) and got a reaction from it.
My expectations on BTCUSDT for the next 3-4 months, I speculate that we will see the bottom near the next FED meeting on 21-22 September. This idea coincides with my previous global idea on BTCUSDT, you can check it below.
Previously, I told you guys about the possibility of price moving higher to hunt stops. Now, some traders will tell you that this is a breakout of resistance and we'll see a retest+move higher, thus encouraging you to open long positions. Probably, the breakout idea will be trending. Avoid those traders, and don't become liquidity for MM's short position. Check my...
The overall crypto market is short-term bullish, I expect a correction to the upwards on ETCUSDT and the price should fill the 1-day gap, after that the bearish movement should continue.
4 reasons to long: RSI divergence three drives pattern formed FVG on the upside BTC wants to fill its FVG (22500) Entry - 35 TP - 40.3 SL - 33.5
BTC is showing weakness. Entry point - 23800-24 000 SL - 24 500 1st target EQL at 22 407
Hello friends, today I would like to analyze ATOMUSDT. As we all know ATOM is a great project and possibly one of the most sensible investments you could make in the crypto space. Recently, ATOM made a 2x and formed a bearish channel. Today this bearish channel got broken with lots of buy stops underneath. The price perfectly reacted to the weekly imbalance and...
Update on my previous idea. Seller stops are resting above. The price could move upwards to hunt those stops and then move downwards. We could short this instrument if we see a sudden move upwards with a pin bar forming.
ATOM formed the three drives pattern, this idea is in alignment with my previous global idea on ATOM.
My expectations on BTC, global short is still in play btw.
The price broke down from the rising wedge, with lots of liquidity left underneath. However, it's safer to wait for the retracement to the bearish OB, and possibly 0.5 fib level to be filled (it's mentioned on the chart), then short from there.
The price dropped sharply, I don't think the algorithm will give us a chance to enter higher since it's currently holding the decent short position with TTS(three tap setup)+0.5 daily imbalance filled. Hence, here's the short setup. Entry - 21800-22000 SL-23500 TP-14500 RR-1:5
Seller stops are resting above. Nice bullish OB underneath. The merge is coming. We could see buy the rumor, sell the news situation here. Entry - 1455 SL - 1318 TP - 2100 RR - 1:6
So far we're witnessing weak movements from BTC and even fundamental news such as Blackrock's partnership with Coinbase isn't affecting the price. BTC reacted to the gap between 17650-14139 USD and created equal lows which usually get taken out. From the monthly chart, it's clear that we're still in the downtrend and MM is seeking to fill all the gaps underneath....
The price moved up aggressively and left a lot of gaps on the way up, there are no imbalanced zones on the upside+clear bearish divergence. BTC is showing some weak movements too. Possible targets are mentioned on the chart.