Lou777

Lou777

Will history repeat... Can bulls reclaim that MA200 next and push to get that MA50 back above the MA100 (Golden cross) on HTF.. Keep in mind this could take months to complete as the chart is HTF -Weekly Even if we had to visit the major 0.886 around $11k now or early next year after a relief rally.. BTC could easily reach $240 - 300k by 2024/2025.. Looking at...

Lou777

Looking at ETH HTF (Weekly Timeframe) I expect a move towards the $2250 - 2400 range in coming weeks.. We have some nice hidden bullish divergence combined with some bullish signals on my custom indicators.. (Stochastic crossed over, MACD printing green bars + RSI still has lots of room to move) I am currently long with an ave of $1565.74 and would like to TP...

Lou777

BTC HTF showing some nice hidden bullish divergence.. Expecting a move to the upside to back-test some macro levels. Might take some time and there is still a chance we hunt stops and grab liquidity into the $18 -19k demand zone before we get a strong impulse. I am currently long with ave $21046 and invalidation locally wouls be breaking + closing below $20720...

17:01

Lou777

In this video update I explain my current BTC view and what I am expecting in coming weeks.. Talking about the levels I will be watching and how I will be using these levels to trade the PA..

Lou777

Description on the chart along with Fib levels and potential targets

Lou777

If BTC looses the 38400 -37200 range I will be looking for long a long entry around 34750 -34000 range for a possible swing to back-test resistance zone 38-40k before a last test of support at 32.5 -30k.. Thereafter I expect a strong move to the upside and my target would be around 49 -56k depending on extensions and pivots taken on the push.. First major pivot to...

Lou777

BINANCE:BTCUSDTPERP PRZ had a good reaction so far. Let's see if the retest holds critical levels. Would like to TP at 36000, 41000, 46000 for my long

Lou777

Note that the first "failed wave rejected at 1.13 (Also 0.382 Major fib), thereafter dropping breaking the 1.886 piv. Next we tried to push upwards again rejecting 1.13 fib (0.618 Local) What could follow is another push to the downside. I am looking at the 1.272 - 1.618 local fib projections as possible entry points.

Lou777

Looks like we have found support at the 30k zone for now and I expect to see a push to the upside to sweep the highs before another move to the downside. I am currently testing harmonic reversal zones and so far it has proven to be quite accurate.

Lou777

4hr chart made a double bottom and all indicators look really good for a trend reversal to 0.618 at least. Will update as we go. Please like and share

Lou777

Spotted strong bearish divergence on the daily and 4Hr charts for NZDJPY I have opened a short trade as we have strong resistance around the 75.xx region (could see a last push up to 75.600 max 75.800) Tp1 target is in the green box around 74.400 (might keep a portion running if we lose trend support. Will update when we get there. Please like and share if you...

Lou777

This is my trading idea.. BTC might have 1 more test of previous high (hunt for early shorts) before we get the retrace. I am going to monitor levels and move my sl into profit as we go. Targeting 0.618 as my TP but will check what reaction we get there before I open my new long position as I believe we might go as low as 18xxx as a hunt before the 3rd leg up...

Lou777

Patiently waiting for the drop to fill the CME gap down to 17k.. However I will not take a short trade here as it is a bit too risky.

Lou777

We have broken out of a rising wedge with nice HIDDEN BEARISH DIVERGENCE ON THE 4H.. Next I expect a relieve bounce or some sort of consolidation pattern followed by another drop to my blue zone. This is where I would like to open a LONG position with a tight SL below the falling wedge.. Planning to start building my LONG from 9000 down to the bottom of the wedge...

Lou777 Updated 

Imo we are going to have a leg up from here and get shot out and drop down at 9600/9700 resistance. Quick correction and another leg up to complete leg 5. (Followed by a sharp drop (ABC)) ENTRY: 9250-93250 TARGETS: 9450, 9550, 9650, 9700 (WILL BE MOVING MY STOPLOSS AS WE GO) Always protect your capital - Don't let the bears win you mentally!! TAKE PROFIT!!

Lou777

I see 2 different scenarios here: 1) Bounce between yellow and purple and break upwards (LONG) or downwards to the yellow line, where we will bounce back to the top yellow line. 2) Break through the purple line and bounce of the bottom yellow line at around $182.. Where we will have a possible shirt opportunity +-4% Entry 182 target 190.

Lou777

I suspect BTC can go 1 of 2 ways.. Either break upwards through the resistance at 12k and continue strong until around 20K+ or fold and drop down to around 8K. Thoughts?