The next nPOC above is at 50.5...Rounding bottom and currently broke above mid line of range again and at top of BB. Break above 46k and 50.5 will be my next target. Daily close below 39.8 would invalidate this and would look to head back towards 37k. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t...
This is a lesson on how to find good short scalp opps after strong moves into a resistance area. Wait for signs of weakness and look for some of the following things... 1. Upthrust through LTF resistance 2. Strong sell volume on rejection 3. Hz support break 4. Bearish Divergence All of these were met on this trade (H1 TF showed bearish...
$btc #bitcoin 45.5 key horizontal resistance lines up with weekly 34EMA and 20MA. Get above that and bears will crumble. Reason to be bullish on weekly...89EMA held nicely and closed above 8EMA. Weekly close above 43.2 would be first signs of real strength on HTF. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to...
We are currently consolidating within a range and potentially in a descending wedge. I am watching for breakout with the paths listed as probable scenarios due to nPOCs above and below. Hope this helps! —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be...
Credit to Castillo Trading for this find.. 34EMA on daily has rejected each pump and the 8EMA has been holding price down most of the way. Currently trending up and pushing 34EMA. Daily close above could offer upside to 89EMA, 100%+ move. Longer hold for sure, but I like the upside. Also note the volume spikes at 34EMA when rejected so a push through would be...
Whoever decided to ignore Volume... Thanks..you pissed him off. Volume tells the true story that PA sometimes hides. Don't ever forget, or he may come back to say FU again! LOL
Notice how PA has reacted to 89EMA on 4H. Just tagged it and 20MA forming a potential tweezer on this upcoming 4H close in 10 minutes. Also worth noting the volume spike upon rejection.
Jumping on to discuss Luna short opp and how I was able to short the top earlier today.
$Rose #oasisnetwork downward channel running into LTF support. Breakout and I will look for the .236 as TP. Breakdown and I will look for retest of bottom fib. Potential paths listed. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent....
Current H4 look into Bitcoin... We just tagged the EMAs and sharply rejected. Currently sandwiched between LTF support and resistance. Will want to see an H1 close above or below to signal a move towards nPOCs. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for...
Until we leave this range. This is the Blueprint for success. Keep it simple! —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will...
HERO could be a LONG Hero very soon if $BTC can hold the line and stay within this range. The set up is beautiful if it breaks out with both RSI (at oversold) and OBV showing bullish div while selling volume declining into support. A lot of the boxes checked for this one to pop. It really rides on Bitcoin not tanking, but honestly it could play out like Waves...
$btc #Bitcoin at resistance again and H1 sell volume spiking. H4 tweezer top potential as well. Short opp until resistance breaks. Play this back to bottom of broadening wedge. Broadening wedge previously broke to the upside. Will it need a drop before it pops past resistance? Time will tell. For now, short looks like the play. —————————————————————————————— ...
20MA and 50MA holding the line at the moment of this post after rejected at 44.5k hz resistance and 100MA. Fork breakout failed and hz support at 41.5 (4H TF) has been lost, but still hope for daily to hold at GP and bounce back. Lose this level (above 40.5) and we are looking to test the bottom of what could be called a ascending triangle at around 38k. There...
$eth #ethereum 2565 hz support area lining up with almost both STs. We lost the equilibrium of Symmetrical triangle so my guess is we at the very least retest ST and maybe wick below to bottom of symmetrical triangle. Also note the strongest VPVR level at 2600. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you....
Daily chart (and 3D) clearly shows a fork breakout and retest. As long as this holds, we have a good shot at finally cracking the HZ resistance above. Close above 44.5 on daily, bullish. Close above 46k on daily, all in. Lose #KISS —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a...
$btc #bitcoin HZ resistance lining up with MA and EMA 100. I drew out the 3 paths I see most likely from here. Here is my view of where we stand: Above 46k and full bull. Above 44.5 limbo. Below 44.5 Bears still have edge. Below 41.5 Bears back in control. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you....
Confirmed H4 breakout of inverse HnS. TP would be right at 200EMA and just above nPOC at .287. Volume supporting breakout. SL below neckline. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind....