DexterMGarcia

DexterMGarcia

In my previous post, the indicator showed a confluence between the 70% and Upper 50% level. Their difference is too narrow and the price behaved quite differently from what is expected. The price was trying to get through that level, but the confluence was persistent in blocking the price, which probably caused the price to retest lower key levels. This means that...

DexterMGarcia Updated 

Based on my indicator's calculation, the difference between the 70% and Upper 50% level is too narrow, and it could be considered as a confluence level. Frankly, I do not know yet what this could mean and what it is trying to indicate. But I am quite sure it could serve as main key level where we can probably expect a radical price behaviour. In the meantime,...

DexterMGarcia

BTC is in the process of gathering momentum and gearing up for another bullish run, but this will not happen yet. It must break the 70% level in order to witness another bullish run. In the meantime, price just broke out from the bullish line (green line) indicating that price is attempting to sustain itself from reaching the 70% line. I would place a LONG order...

DexterMGarcia

A divergence formed which could potentially indicate pullback of BTC to levels between 40623 and 41144. If the pullback gathered enough momentum, BTC will attempt to break the 42060 level. /please DYOR/trade at your own risk

DexterMGarcia

Range for BTC is quite wide, between 43152.6 and 44350. Notice that candles closed below the bearish line channel. This could indicate that price is likely to retest the 50%B level and bounce back to 50%A at 44350, an opportunity to place SHORT order (use price action for entry) If there is no much momentum at the 50%, BTC could attempt to retest the 30% level,...

DexterMGarcia

I am currently developing an idea about the use of a candle with lowest or highest RSI peak within the 14 to 21 period. I call them the "Reigning Candles" . These candles can quickly determine key levels where price forms new higher highs or lower lows as soon as the price breaks these levels. In this case, the key level based on the reigning candle is 43430, a...

DexterMGarcia

In my previous post, I mentioned that there is a likelihood that price will attempt to reach the 40k level, and it happened. Based on the prevailing market, the levels were recalculated and key levels to watch for are the following: 40910 - a breakout of this level will create another new higher highs, a bullish run. 40680 - a breakdown of this level could...

DexterMGarcia

Recent long candle potentially created an imbalance in the buy and sell orders, which provided the opportunity to identify the fair value gap areas as well as the demand zone. These structures/values confluenced with the key levels identfied for XRP. Levels to watch out for are as follows: 0.62270 - XRP to pullback once it gathers momentum from this level. This...

DexterMGarcia

In my previous post, the 38900 level was identified as a key level where price could rise once it closed above this range. The price just had a breakout of this level and is now attempting to reach the 40k level. This could happen if there is another breakout of the 39500 key level. Should BTC needed to gather more momentum, it could retest the 39000 level....

DexterMGarcia

Key levels to watch out for are as follows: 38900 zone - a breakout of this level could indicate that price will attempt to reach the 40K level. 38150 to 38350 level = a breakdown of this level indicate that the price will attempt to retest the 3600 level, and from that point, BTC may even go further to retest the 33K to 34K level. At the moment, BTC is quite...

DexterMGarcia

Divergence formed between the price and RSI 14-period indicating potential bearish trend. However, key levels were detected and these levels provides a very narrow space for price to hover. Confluence of key levels are observed between 38658.8 and 38746.5. This means that if price closed beyond these level, price may form a new higher high or new lower lows. At...

DexterMGarcia

Indicator recalculated the past 6-period and the results are as follows: Key confluence areas between 37760 and 37770, and between 37700 and 37670. These are strong areas where price may bounce back and forth until momentum is gathered that is enough to break these confluence areas. At the moment, it is likely to break the 37770 level to form a new higher high...

DexterMGarcia

Key levels estimate for BTCUSDT are as follows: Price will range and move between the 37450 and 38060 area. New higher highs may form if price closed above the 38340 level and new lower lows may form if price closed below the 34400 level. I would place LONG position if price reached between 37715 and 37450. /please DYOR/trade at your own risk

DexterMGarcia

The key levels, shown as white and yellow lines, are derived from my indicator's calculations. These levels are derivatives of prevailing RSI values using 6-period. The white and yellow lines represents the 1 hour and 5 minute time frame respectively. I labelled each line with corresponding percentages, i.e., 15% to 70%. My indicator also shows the lower and upper...

DexterMGarcia

The following are signals for potential rise of BTC to target 27400 level: Divergence formed. Both RSI 14 and 3 periods showed a bullish blip, meaning, RSI dipped below the 30% level. Candles that corresponded to the RSI dips indicated the demand zone. Wait for price to close above the resistance line (white line). This will indicate the price starting to attempt...

DexterMGarcia

Price closed above the Keltner's higher channel. RSI 14-period peaked higher than 60%. RSI 3-period peaked higher than 70%. Price starts to range at the overbought area. This is a sign of a Bearish Blip, a potential reversal. To begin cost averaging or to enter a sell/short order, go to the 1-hr time frame and wait for the price to close below 50% of the RSI...

DexterMGarcia

I call it the 'Blip'. This occurs when both RSIs set at 14 and 3 periods dips below 30% and candles closed below the keltner's low channel. I would place a buy order when candles closed above the 30%. The blips are likely to indicate the demand zone. Also, when blips occurs, it would be worthy to wait for the formation of bullish divergence in the lower time...

DexterMGarcia

Potential confluence formed at the 26522 level. I will enter sell order after the price re-test the 26522 level. /please DYOR/trade at your own risk