Based purely of technical analysis - Speculative "BET" for the old heads in the game or parabolic increase leads to parabolic decrease... Let's see how this plays out. Three cryptocurrencies I'd look to top up if we see a massive sell off (discounted prices) $LINK $ETH $XRP
Fundamental Analysis - Coinbase x Regulated Cryptocurrency Platform: Investor Confidence. x Dropped 50% off its IPO price - Undervalued x Bitcoin trading at $50,000, back up $20,000 (was trading at $30,000) - Increase in crypto exchange serape x NQ, SPY trading at record highs Risk x Infancy market driven mainly by retail hype (in my opinion) X Entry...
x Overall fundamentally strongly company (Written in journal x NQ at record highs & I'm expecting high prices ( Higher NQ should increase value of top tech stock) x Delta (Covid-19 worries may result to further restrictions leading to increase in online shopping - This was a key trend in first UK lockdown . x Entry - 3284 x Target 3774 (Liquidity...
Daily Breakdown: 1. Raid of daily lows - followed by a break of daily market structure = QM fractal 2. Price retested daily order block (RTO) before dynamic bullish PA 3. I'm expecting daily high to be taken, then a potential push to 0.74000 fib extension level
WEEKLY ETHBTC MARKET PROFILE: BULLISH WEEKLY ORDER-BLOCK. RAID INTO ORDER BLOCK, BEFORE A DYNAMIC BULLISH MOVE TAKING OUT HIGHS/ALL TIME HIGHS. EXPECTING CORRECTIVE MOVE ON MAJORITY ETH/ALTS BEFORE CONTINUATION OF BULLISHNESS
1. Price created all time highs, before selling off, however price wasnt able to create new highs (labelled shift of market structure). 2.Price then continued to sell off on the daily pushing price lower and has now broken daily lows indicating price should move lower. 3. Flag Pattern - Break to the downside 4 . I would look for price to pull back to the...
looking to long on retest of order block which took out the highs (labelled rto)
MARKET STRUCTURE ORDER BLOCKS LIQUIDITY GONNA BE A FUN NEXT COUPLE YEARS FOR THE POUND!!!!
once htf analysis is understood the rest is a game...
BULLISH LONG TERM - PRICE TRADED INTO A WEEKLY BULLISH ORDER BLOCK - LOOKING FOR PRICE TO TAKE OUT BUY SIDE LIQUIDITY IF WEEKLY OB IS'NT RESPECTED 1.1000 IS THE NEXT LEVEL OF HINDRANCE/ SUPPORT - THIS PAGE IS'NT FOR OTHER TO COPY BUT FOR PERSONAL GROWTH. OVER THE PAST YEAR YOU CAN SEE I'VE ADOPTED A NEW STYLE OF TRADING MOVING FOR RETAIL TO INSTITUTIONAL...
- Market Structure: Bearish - Bearish Order Block - Break of bullish channel Entry: Wait for price to trade back into the Daily Order Block before a dynamic move to the downside.
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