L3gOnD

L3gOnD

LTC leads BTC a lot of times so this may be a very positive trend and news for BTC and Alts as ETH also is breaking resistance. Target of this flag break is .019 area where the 12H resistance and previous orderblock is as well. The volume profile on this flag was/is absolutely text book. Sharp move up followed by lower volume for consolidation and then volume...

L3gOnD

ZEC retracing to set the momentum for the next leg up. I will certainly add back at .02905: 1) Forming a bit of a cup and handle which has the proper volume profile for it as volume is decreasing on this trip downwards forming the handle. 2) Retrace of last move up and the bottom of cup has a .5 retracement at .02905 3) The light blue line is a long term trend...

L3gOnD

Looking to get back into STRAT around .00065: It is the 0.5 Fib level retracement of the last move, the cloud sits there and also the Kijun which is a great place to enter on trending assets and this is in an uptrend in the short-term. Also the target of the rising wedge that broke down is right there. A lot of confluence for this level. Also the standard bearish...

L3gOnD

Volume profile on this is so beautiful with a perfectly symmetrical pennant. BBands and low time frame moving averages all tightening. Volatility is coming in...usually this is a continuation pattern. Need a break of the pennant formation with significant localized volume. This chart is phenomenal on higher time frames as well. The accumulation has been very...

L3gOnD

$ETH gives the altcoin market a lot of sentiment so where ETH goes most Alt goes. For this to really be an altcoin season, ETH is likely to have to move upwards. If ETH breaks the pennant with volume we should see .075 relatively quickly. First leg has just occurred and accumulation is taking place in the form of an ascending triange which is a bullish...

L3gOnD

This is clearly in a massive downtrend in the short-term, however it is hard to ignore a couple of things here... A) BNB is very useful as a token. It cuts fees in half on the biggest crypto exchange in the world and as alts are heating up and if another bull market ensues Binance and BNB will get more use. B) Due to the token burn and dividend like nature holding...

L3gOnD

Ascending Triangle which on higher time frames could be argued as a flag as well... Measured move of flag formation is pole to top of flag and that measured move from breakout is also the top of the cloud which would be a textbook edge to edge trade. Measured move of Ascending Triangle coincides with the order book being a bit testy in the .0097 area as the VPVR suggests.

L3gOnD

I am not Market Maker Expert but here is what I believe may be occurring: Any counter thoughts or insight into how you believe market makers to think is appreciated as this is something I am adding to my trading and welcome all knowledge. 1) A clear H&S was formed and now is forming a second part but a lot of people went short on the original breakout (me...

L3gOnD Updated 

Breaking out of bull flag/falling wedge if you drew it differently with volume. Volume flying in on the smaller time frames. Target Green Box

L3gOnD Updated 

Icon is a tremendous project and one of my long term holds but to the chart: 1) Broke out of wedge (a bad wedge without too much significance) 2) Against Kijun now but in the cloud. A Kijun break leads me to believe and Edge to Edge Kumo play is valid 3) Not much resistance until the .00045 level which is where the previous uptrend stalled. 4) The .00045 level...

L3gOnD Updated 

Bought some more ETH at .0596 The chart lays out the info: 1) Kijun touch on an uptrend is a good area to buy a pullback for next leg up 2) Continuation/Hidden RSI divergence which is also an indication of another leg up to come 3) Price is also interacting with the 0.382 fib level of the upward trend 1 Hour Chart also shows: 1) ETHBTC is now tested a previous...

L3gOnD Updated 

Looking at this setup which is a continuation of an uptrend. Currently filling in the handle but will need to break the cup neckline with volume. Could see a retest of the neckline and the green box would be the measured move. Looking ahead at the possibility.

L3gOnD Updated 

ADA found the volume to break the resistance line that was the neckline of the Adam and Eve as well as the horizontal to an ascending triangle. Scaled in half of my position just after breakout at .0000255 but will add to it upon a retest of the horizontal resistance which would be turned support. Might not get that opportunity but the exit point is the .0000305...

L3gOnD Updated 

I am not sure that this chart is signalling a reversal right now but the following things exist: 1) RSI is trending up 2) Price is stalling from the fast decline (which formed some RSI bullish divergence 3) The triangle is not that important in my opinion but a break with volume may mean something What really matters here: 1) Price is in its same range before...

L3gOnD Updated 

Not an Elliot Wave guy but use generic rules when they seem fit. This was a sound 5 way move topped off by an RSI bearish divergence. I expect a retrace to the Kijun and from there we may see a little upwards momentum but it should correct in 3 waves before ONT starts its next leg up. Overall this is still heavily in an uptrend.

L3gOnD Updated 

Broke the flag I posted earlier. Had to adjust the flag as it was forming as it had not broken the original resistance with any type of volume...this is the break we were looking for. A retest if the resistance line now turned support would be a great entry if it falls back.

L3gOnD Updated 

1) Currently in a short term uptrend as it broke out of it's long term support level. All Ichi signals are in an uptrend in the 4H timeframe but I am using the 12H for this setup 2) Price is consolidating in a flag pattern along with volume descending meaning that this is a typical volume profile for a flag 3) Price must break through the resistance of the flag...

L3gOnD Updated 

Kijun is acting as the resistance as the support is steadily rising after an uptrend. Looking to go long on a break of the Kijun with some volume. Length of flagpole to the Kijun (which is acting as support and is the close of the candles where the uptrend stopped) is the yellow bar. This target zone coincides perfectly with the top of the cloud and also the top...