It's (insert orange man voice) a HUUUUGEEE falling wedge! In the history of falling wedges, this one is the most beautiful. Perfectly imperfect. One that marks a new timeline. In this world bulls will finally be free again. They have suffered SOO much under bears reign. But let me tell you fren: The end is neigh! Bullas UNITE! Here is how we win the...
2 Sides - 1 will get squeezed. - Break with volume out of H&S -> Bears winning, short neckline - Reclaim upper orderblock -> bulls in control, short squeeze H&S seems more likely, but we need confirmation. H&S target: Swing low, 21,5-22$
Falling wedge. Channel low. POC support. Daily RSI bullish Divergence. Must hold structure and above POC - otherwise goblintown. Good time to squeeze all late beras. However, we are in a bearmarket. And lows are weak. Sooner or later a revisit is very likely. -> Level to level.
Pump and Dump Volume profiles mark keylevels. Complete falling wedge -> pump Get rejected below POC -> dump Daily hidden bearish divergence makes it likely to take out recent swing low soon. Revaluate at weekly orderblock or when price somehow breaks bullish above poc.
We're in Macro pitchfan support area. - Retesting monthly order block - Point of control (POC, red) as support - Daily bullish divergence on RSI - 79% fib support of macro swing Wrong place to short. We broke the weekly low, but a pump to set a lower high seems likely soon. However good place to start scaling into spot long. With clear structure breaks we can...
Reclaimed macro trendline (pitchfan) Bullflag. Upper red zone potential distribution area.
First long then short. Enj formed a 4H Head and Shoulders pattern. Volume decline on right shoulder confirmed. Only thing missing is the neckline retest. Will we get it? Weekly about to bullish swing failure. Would be a great time to squeeze every single short. Bear vibe at Peak in this political environment. We broke 4h structure bullish and cleared all...
Chart might look messy on first sight, but shows how two trend channels converge and form a range as the result. Now we watch and see who wins the fight. No volume coming in at the lows, so we probably complete the descending triangle with a break down. Currently sidelined, opportunities will come once we break some structure. A break down would invalidate...
Falling wedge Upside Deviation - Downside deviation -> complete pattern? Bullish divergence on RSI. Potential rejection and short scalp setup in marked fib zone. A break out of the wedge + retest should be a good long.
Matic is rangebound. We deviated to the downside and just completed the falling wedge pattern. Range high is likely imo. Tight SL.Red area potential rejection/setup fail. Above relatively safe.
The ceiling is salt. The floor is salt. The walls are salt. And.. to an extent the air is salt. You breath that in and you constantly taste the salt. Just like trading btc.
HTF falling wedge. LTF bullflag. 4h hidden bull div on rsi. Don't set SL too tight. A break and close back into the downward channel would be an invalidation for me.
Hello Traders, Btc likely in a low timeframe range. A upside deviation followed by a bearish break down back into the range would form a right shoulder and complete the H&S pattern. You could scalp long to range high here, but the more interesting trade is the short setup mentioned above. IF the pattern completes we probably get a nice swing short opportunity...
It's over. Like.. totally over. Rekt big time. BTC is rangebound. We had our little upside deviation. Now it's time to visit range low - deviate. 3k$ might hold. ;-)
Bullflag. Upside Deviation - Downside Deviation -> send. A lot confluence here. - vwap - 4h breaker orderblock - volume Gap - mid-range retest Lose grey orderblock = game over. T1: 13,175$ T2: 14,3$ Near is range bound and formed a falling wedge on higher timeframe. The idea is linked below.
Bottom range. We had deviation to upside and downside. Falling wedge -> rising channel. Pullback to Point of control, while also forming a deviation of rising channel. RSI hidden bullish divergence. -> Long here. Targets on chart. Tight invalidation. -> daily 55Ema potential resistance -> short
$Near rising channel + falling wedge Upside deviation -> Downside deviation Upper grey zone for swing shorts. Low time frame dips are relative safe longs imo.
Falling wedge Daily bullish break of structure. 4h 55Ema s/r flip. Daily 55Ema potential rejection area.