IJ016

IJ016

Truth is price action can get quite messy sometime. What I find the most reliable is to follow the pattern on higher time frame. Look at how many it respected the support and resistance of the channels or now the triangle. Yes it can bust and it happens it does a fake but how much sucess you could have by simply go short at resistance and go long at support with a...

IJ016

We broke out from the lower triangle, now we might get stuck in this current one as the bear will protect the uptrend channel.

IJ016

Bear exit liquidity is under 90k while Bull exit liquidity is over 110K. From Current price action, it does look the Bull has handled well the pressure. I don't know for you, but I believe pumped the price up to 102k and then stopped right there just to add more Fuel (liquidation Buy side) for later. If price go down to in the liquidation pool underneath 90k it...

IJ016

The chart look good if you want to enter with a good Risk Reward ratio. As you you can see, the yellow horizontal line represent the point of interest and we touched that line and had a reaction. Then if you look at the pattern from the 30min chart we see a fake out and a retest of the support. When you look at the USDT.D Chart we see a clean breakout of the...

IJ016

I'm quite bullish on the process of a short squeeze guys. I mean; the MM took the liquidity on the first drop down to 92k (liquidity wick + OI went UP then down on the bounce). I monitored the market this weekend and on Sunday a whales sent more than 1.5k BTC in future Binance make it in the liquidation pool but price held on steady. The incoming challenge is to...

IJ016 Updated 

MONEY $$ , Look at those resistance from the trendline or the incoming Fair Value Gap. We can get thru them only if $$ is flowing into them + Bear get short squeeze. We have the CHOCH on the Daily, the party has just started. Let's monitor it carefully

IJ016

The ETH Buyers won this fight, I saw a breakout early this morning but a sudden pull back on the trendline. it did not faith at all and stayed strong above 3600$. now what ? I expect an attack ! ETH 3700$ Target the above Structure. Add little margin if you are in a trade if not enter at smaller amount for risk management.

IJ016

The weekly Support will be break if ETH, Altcoins and BTC goes together to All time high. Meaning; Bears are getting Squeeze slowly. They defend their position. They will fight back at one point. Watch out 3.98% and 3.95% as it represent FVG and their Support.

IJ016 Updated 

It's an Idea from price action from external swings, patterns and liquidity pools heatmap. BTC Could Pump to 140k it seems to have liquidity to reach 128k atm. I believe a bounce of USDT.D is imminent; shorts holder BTC+ETH may have no exit liquidity(BTC below 90K)

IJ016

it could be a trap for altcoins as we are in a Rising Wedge but stars seems to be align for a Huge pump ! ETH on BTC ready to go when BTC D is slowly falling down on the FVG, just gotta be careful for mega dump; we are in a balanced market mostly underneath while they are just under liquidations pools

IJ016

we are sitting on support for TOTAL3 and ETH is just under Liquidation pool

IJ016

I expect a bounce from the bear when USDT will reach 3.95%; that will complete the daily Fair Value Gap + right on the support of the big Wedge;

IJ016

I recently DCA a long position in SNX, a layer 2 crypto, as I believe ETH will pop to all time high. This position has been struggling more vs my others longs because the selling pressure is heavier. Once the robots get the flow, the squeeze will be big. I notice a big CHOCH on the downside; those CHOCH without continuation if often a big liquidity grab. Patience is Key.

IJ016

it's amazing how the market is Algo controlled. There are so many Fake Out fooling the traders but at the end if you believe in your ability to read the chart; it will pay off. We are currently in a short squeeze; triggered with the Jerome Powell speech. Then, MM couldn't close their position on either BTC or ETH for lack of liquidity.

IJ016

if Market want to break that huge weekly order block; it will need money $ flowing into ETH and Altcoins. Last time BTC paved the path

IJ016

We had the perfect bounce on a big weekly fair value gap from 2021. Now we compressed to accumulate and lower down OI. Now we are ready to fly, 200x go

IJ016

USDT.D Chart is about to drop a huge leg down to break the weekly support. Ethereum will lead the show.