FX20

FX20

WHY I BELIEVE BTC is bullish even at 8.8K and Why 8.8K is a real possibility. 1) Stuck within Macro Range - RED THICK LINES are the Macro Range. We have been stuck in it since early 2018, drop below it to 3k, now back within it. Despite recent most parabolic run up, weekly candles failed to close above the Macro range high for 3 consecutive weeks in a row. 2)...

FX20 Updated 

Daily divergence observed from both the RSI and volume oscillator as mentioned in my previous post. 4H Update: - Black line was the range low. - Pink line was the swing low. - Price nuke below the swing low and managed to close above. This shows that those breakout shorters are trapped. 1H Update: We are not totally save yet. Key levels: 1) 104.66 -...

FX20 Updated 

I Believe that a decent bounce is on the way as Ethereum approaches the bottom of this trading range. R Reason for my SCALP shorts: 1) Clean lows at the bottom 106.2 serves as liquidity 2) 118 Is a daily resistance and previously flip between Support and Resistance on the 4HR time frame. Since we are below price now, expecting it to serve as resistance. 3) Top of...

FX20

Daily Orderblock - Green box. Equilibrium of daily OB - Purple line Equilibrium of 3D breaker - Red line Confluence: 1) 0.5 Fib retracement 2) High volume node from VPVR

FX20

HTF VIEW - Price action making lower lows yet RSI making higher lows (Bullish divergence) - Sell volume decreasing as price decreases (Signals sellers are exhausted) LTF VIEW - Demand can be identified as the green box. It was the down candle before the up move that breaks LTF market structure. Hence, it is very possible that buyers will still be interested at...

FX20

HTF VIEW - Price action making lower lows yet RSI making higher lows (Bullish divergence) - Sell volume decreasing as price decreases (Signals sellers are exhausted) LTF VIEW - Demand can be identified as the green box. It was the down candle before the up move that breaks LTF market structure. Hence, it is very possible that buyers will still be interested at...