OrcChieftain

OrcChieftain Updated 

Bitcoin is balancing on top of 50 Daily EMA. You could sport 3 reactions on hourly already. Decreasing volatility suggests that whichever direction Btc takes, the move is gonna be impulsive. I took long with no profit target specified yet.

OrcChieftain

These are the levels I am going to watch for a reaction when trading on minute charts.

OrcChieftain

These are the levels I am going to watch when trading on minute charts.

OrcChieftain

In spite of my previous position being stop-loss, I opened a new one when I saw the price doesn't continue to descend further. The price is now about to close above 200 MA and EMA as well as 50 MA and EMA. It is directly on top of them now. I think this is still a good opportunity to buy. The probability of a much bigger move is solid in my eyes... Opening now I...

OrcChieftain Updated 

This trendline looks respected. But I will look for a good pinbar anyway.

OrcChieftain

Whatever happens, I am positive black rectangle will be reached and reacted to. It is 50 days average. I am looking forward to trading that most of all potential structures. There is a chance we will not reach it, but since it will be Wednesday, I don't see this particular chance very big.

OrcChieftain

For Tuesday, I am more inclined towards shorts. There is even a pinbar on the daily chart, I hope it will be filled to a certain point and then resume its suggested downward direction. But I wouldn't be afraid to take positions on either side. What I find very impressive is the repeated reaction to the green anchored VWAP. I put its beginning on the day GF died....

OrcChieftain

►Monday's volume profile didn't extend beyond Friday's. Not with its main part at least. Meeting strong rejection on both sides and closing near the middle. ►I drew profile and range based lines that make sense to me. In the coming day, I will be looking to open shorts preferably which is also higher timeframe prefered direction. And the best setup market can give...

OrcChieftain Updated 

►Elf comes to the area where high volume node meets 200 MA and VWAP anchored at the start which has already worked as support once ►I am not Elliot Wave expert but the count looks clearly in this case. I am not sure if 4 is finished. ►The market overall has good conditions for growing alts now. Bitcoin doesn't do any big moves and loses dominance as a result. ►I...

OrcChieftain Updated 

I opened a position on Cocoa. 5year and 15year stacked seasonality favour long right now. Not significantly, but they do. This being said, it is an excellent outlook from a technical perspective. The price slows down as it approaches supsistence tested throughout the years from both sides. It has even worked recently. That time, it was resistance, now I hope it...

OrcChieftain

I don't expect any big moves yet. Bitcoin is in the accumulation phase and is most likely to stay close to high volume node's peaks. I predict price to be 9346 USD

OrcChieftain

9,600 has low volume area around itself. I believe it is going to act as the crossroads this time. Chance to the downside is comparable, but there is potential to go further. If it rallied now, it would get to 10,500 max to reassess the direction again. To the downside, I expect the price to move 200 MA which is about 8500. I opened a short, because I see 10,500...

OrcChieftain

►Alts I checked are usually below 200 or approach it in a weird way ►I like Link as there is a structural level, 200 EMA and previously confirmed AVWAP ►Getting to the level doesn't automatically lead to opening a long. It would be best if bitcoin quenched its volatility at the same time. ►Another option is some kind of reversal pattern or an impulsive candle on...

OrcChieftain

Morning! ►the impulsive crash yesterday was not countered by a rally of close-to-equal or equal size ►VWAP anchored at the previous hit of trendline acts as resistance ►Anchored VWAP also meets the trendline and is the point of the above-average bearish candle at this level ►It is weekend, so I don't expect any godlike movements, but room for 1:1.5, that I see ►If...

OrcChieftain

►ZRX was one of the top-performing assets making 135% from its May low to its High ►It has been in a correction since ►Volatility is fading giving space to another possible big move ►Hull Moving Average closes on High Volume Node's beginning, I think it might give the price a little stop over there ►I will buy slightly above that level with stop-loss about 0,75...

OrcChieftain

Good morning! My prediction is 9080 USD. I think the bounce from about 10350 was strong enough. It will take a while before bulls get the courage to attack the same level again. Selling momentum will continue. But the volatility is low and stagnating, which make me think the recent swing low will be enough to stop such move. 9th June is Sunday, weekends are...

OrcChieftain

Yesterday, there was a big dump 📉. Who would have expected that? Well --- you could say that after the battle, everyone is a general. But in this case, there were some decent clues which were, perhaps, ignored? I looked at the situation retrospectively. After the rally, a small retracement hasn't managed to establish strong bottom support yet to bounce even...

OrcChieftain Updated 

The price has recently fallen to 1.1838 and went up from there. I don't see why it would stop right there. Plus on 15m chart, there is exponential Awesome Oscillator extreme for the last 75 periods. I think it can easily take whole RRR 2 as I expected when I opened the position in the morning. Good that it still can be opened at a good price.