Cryptokingpin92

Cryptokingpin92

This is what i'm thinking from observing recent price action.

Cryptokingpin92 Updated 

Price is at $14K, to me it's struggling at this level, below the previous Monthly range high, all this bullish price action does is confirm for me that $12K has turned into solid support. I will be eyeing $13K and ideally $12K for longs until then this imo this could be bulltrap but I could be wrong. Either way there will always be another long opportunity but RR...

Cryptokingpin92 Updated 

Harmonic formed RR has been defined Let's go

Cryptokingpin92 Updated 

Early signs of a crab pattern in the making, all Fib levels respected, solid break of $400 would give assurance to the pattern, solid break of the X point should validate this pattern. This will take sometime to play out but looks good until we close below $325 level

Cryptokingpin92 Updated 

Currently the BAT Harmonic has formed, all Fib requirements met, it still hasn't fully touched the D point it fell shy of it. Hoping price will trade into this area so I can look for a short setup. Take profit zones are denoted by the orange lines, TP1 and TP2 respectively. I'm not just going to leave a resting sell here, I want to see price break down bearishly....

Cryptokingpin92 Updated 

That's it

Cryptokingpin92 Updated 

After heavy selling price seems to have bottomed out, I notice a potential BAT Harmonic forming here (Potential), the last point (D) is needed to confirm First trouble area would be the daily resistance is $370 for us to get to our end goal of $390 - $400 which also lines up well with a daily resistance adding confluence for a short setup once the harmonic has...

Cryptokingpin92 Updated 

Harmonic pattern formed, all Fib requirements met as the market sentiment is bullish i'm kinda weary of this trade but I trade technical set ups not feelings. Levels are defined, TP levels are orange lines. Let's see

Cryptokingpin92 Updated 

Went Long in this area off the Low, Lower Lower and what appears to be Higher Low sell sweep, adding confluence was that the rejection area was the 0.78 Fib Level from the Macro High Low to the Higher High level. Tight SL, but if this trade does go my way looking for a retest of 12K with the expectation that this trade could evolve from a scalp into a swing...

Cryptokingpin92 Updated 

Previously I charted a Gartley, this had to be revised as the "X" point and required Fib level was broken. Currently all Fib requirement A,B,C for a crab pattern has been met. The D point (Red Zone) is where I will be look for selling opportunities but until then I am long. Based on price action, overly bullish I expect price to venture within the sell zone.

Cryptokingpin92 Updated 

Support flipped resistance, now backing testing old support as new resistance. Price is seeing rejection at this level, adding confluence is the 61.8 Fib Zone. Trade triggered at $236.90 (50% of intended position) More sells orders at $237 - $238 SL : $240.50 Let's see

Cryptokingpin92 Updated 

Deep Crab harmonic formed meeting all Fib requirement, beautiful rejection candle is in progress to close the day. SL above swing high with 2 TP targets indicated by the green zone

Cryptokingpin92 Updated 

Price broke through previous resistance, making a new high and is now pulling back. Price already reached BZ1, i'm comfortable filling orders down to BZ 3 with the expectation that this is a bullish pullback, targeting TP 1 & TP 2. In my opinion price would need to pull back to take out the Major resistance level but when that time comes we'll see. Trade offers...

Cryptokingpin92 Updated 

After a big impulse move down, we see a corrective move taking place which was rejected off the 61.8% Fib level. Price broke 2 counter trend lines and it can be expected that price resumes the trend in the original direction. RR is favorable Let's see what happens

Cryptokingpin92 Updated 

Price reclaimed mid range and is repeatedly testing previous resistance while forming micro high lows At the range midpoint price formed a demand zone which adds to the support confluence. If price can close above the resistance level expect range high to be tested.

Cryptokingpin92

This is as simple as it can get for taking capitalizing on the next big move of ethereum Two ranges outlined, the last impulse move was up, while this is an ugly nasty chopsolidation range I expect the next move to be up as well but expectation isn't always reality. Time will tell

Cryptokingpin92 Updated 

A butterfly pattern has formed, all fib requirements have been met, entry levels, red box have been hit. It's crazy how price moves to these levels. Take profit zones are TP1 & TP2. ETH/BTC has hit resistance and closed back below from my previous idea. Let's see what happens

Cryptokingpin92 Updated 

Previous bullish harmonic structure on the left completed. The opposite of that structure appears to be forming currently, points B and C have met the criteria. Will the criteria for the D point be met ? Who knows but from the current point to the D point provides a strong impulse move Technical analysis is superior but fundamentals should not be overlooked. Ether...