PlutusX

09:02

PlutusX

I want to remind you that trading forex for 6 years does not translate to the nonsensical market of crypto. The pumps are unsustainable so it is a new challenge for me to assess the charts and look for loading zones, target points, and potential retracements. Right now we are testing the previous extension and on a daily looking at higher lows and highs. the 4H...

08:17

PlutusX

I have a bullish sentiment on this coin ( and the cyrpto market in general;). However, applying 6 years of trading experience over the market, I try to remove my internal motivation and biases in an attempt to look at the charts with a more objective mindset. Stripping away person expectations and reading it as it is..... The outcome? Well, I'm still bullish....

06:16

PlutusX

O have a bullish sentiment on the pair. currently waiting for a pullback or potential reversal. RR - 1:3.56

04:49

PlutusX

We broke through the resistance at $50k. We are going to need a restest for a confirmation. However, if we break the 60k mark and test as the support we can hit our TP with an entry, otherwise, we are going to wait for the fall to a support level to reenter long. RR -- WHO CARE!!!! ITS MASSIVE!!

04:01

PlutusX

We are testing the 61% Fib and structural support after hitting our short-term TP. Waiting for daily confirmation.

PlutusX

We just started to test the 78% fib of the monthly leg, coinciding with weekly support. We must get a confirmation at the 0.85 marks prior to entering towards our target of 0.88. We should see a result in the next few days. RR- 1:3

PlutusX

We are testing the $50k mark as resistance. If we continue to hold the line we are likely to make a fall to our entry zone (assuming we get confirmation) Currently, we are waiting for a confirmation. If we see a breakout we need a retest before entering as well. GOOD LUCK TRADERS

01:54

PlutusX

I currently am active on this trade. However, for those who have yet to enter do not worry. WE are still looking for a break in structure our else it could very easily turn against me. the next few hours should give me the confirmation to move to BE as well.

06:43

PlutusX

We are touching the critical structure and a 38% zone. IF we get confirmation on the daily & 4H we can look for shorts otherwise with the contoured bullish momentum we can see ourselves moving to the 61% zone prior to calling.

PlutusX

We already had 3 impulsive bullish legs breaking relative structural highs. Now if we break this trendline and retest as the support we can look for longs. The daily and weekly are still showing an increase in bullish momentum. We must wait for confirmations on the daily and 4H. RR - 1:2.45

PlutusX

We are testing th 1715 zone with support, 38% retracement, and a trendline. However, based on the month's momentum we could likely see a break to the lower support zone. Therefore you must truly wait for valid confirmation prior to entering (based on your trading strategy). I will wait for confirmation prior to entering. If we do break with confirmation I will...

PlutusX

We could see resistance a potential reversal here at the 0.9212 zones as the price touches a 78% fib of the daily leg. However, based on the momentum we ar more likely to see a push towards our monthly 38% fib at a minimum (0.9300) as the price of the structure is more significant. We will wait for confirmations and evaluate more as the days progress. RR - 1:3.5

PlutusX

We are training at the 50% and structural resistance of the Monthly time frame. If and only if we treat this as resistance we will see a push towards our ultimate target which is a long entry. However, we could see a break and continuation towards the 61% fib + structure as the structure is more significant. RR Short Term - 1:2.3 RR Long Term - 1:4.1

PlutusX Updated 

If we can respect this support zone and trendline then we are likely to see a drop towards our overall entry which is long. Trendline, Resistance + 50% fib of the monthly leg. Short Term - 1:2 Long Term - 1.4

PlutusX Updated 

Short Term Trade - if the resistance is confirmed we can look for shorts for our entry. RR - Short Term - 1:2.54 Long Term Trade - Overall with the bullish momentum following the TL breakout, we should be looking for longs on a healthy retracement to give ideal RR. RR - Long Term - 1:5.43

PlutusX

We are looking at the post-breakout of ETH to the downside. Currently, we are testing the resistance and if we respect the resistance we are likely to see another push towards our entry. Obviously, I am bullish on ETH and crypto however for me I would prefer that price comes down giving us a health retracement and a better loading point. Next TP is the 3k mark though.

02:58

PlutusX

I obviously have a bullish sentiment on BTC however, I am hopeful that we will test this daily structure + 61% fib as resistance allowing us to see another dip to the relatively low and maybe even the 40k mark. This will allow for a healthy retracement before another bull run and more importantly, give others an opportunity to load up at a better price point prior...

09:06

PlutusX

I am already in on this at 0.00005 but I am looking to see where the next swing could be. If we continue to respect the 38% fib (weekly) + daily structure as the support we can see a nice rally (with oscillation of course) to the 127% weekly extension. HOWEVER!!!! If we fail to respect as the support we can see a more likely test of support at the 61% fib...