We broke through previous ATH and how we must close above and test. however with a TL we could see a possible head and shoulders form leaving us with signs of a drop to the 29k zone or even to the 20k zone if the structure is not treated as support. However, from the time I last touched it till now, we should be in the profit!
We talked over several of the pairs covered this week and last week! We are looking are in the green for nearly 70%, hit SL on 1 pair, and 3 are still waiting for confirmation but about to be ready for execution. I hope you are leaning along the way guys and making money with us!
We are nearing ATH zones again as predicted if we test that area of structure as support ($29,000) we are likely to see a push-up. now we are waiting to see on the daily close and4H if we break the current structure to push towards 127% ($50k) or if we reject the structure and fall back to $29 where we will load up more.!
We responded to the market accordingly and noticed the support at the $1,100 levels. Now we are shooting towards (already hit IMO) our 127% extension zone from the previous video. We might see resistance here. Once again we must react to the market on 4H and daily close. If that's the case we may see a pullback to the 1,100 zone where we will load up and HODL to...
Some hype around a crypto thanks to Elon posting a funny pic on his Twitter. Should we trust technicals or with consumer hyper from retail investors should we forget technicals and bo all in?
After making a nice bounce on previous support (78% fib) we see price nearing structure, fib confluence, and the descending trendline. RR - 1:2.89
Short term and long term trade. Video not loading for some reason. I will try to upload it again later.
If you missed good buying ops look no further there are 3 critical buying zones for BTC at the moment. Assuming the 38% holds as support that is #1. If we break we will test the next major level at 20k (61%). if that breaks we are seeing a big dip to the 12k level or the 88% range.
Since we broke through the 61% fb/ structure zone we can be looking for some shorting opportunities as we test the 88% or even 100%. We already have an overextended market so short term trades have an op to scalp some pips as we make an entry to our longterm target. Long term we are looking to buy based on technicals: Structure, impulse to the upside and fib alignment.
We are at a critical point. Unlike BTC we are trading above previous ATH levels. If we test we can see a run to the 1800 - 2000 range or drop back to the 650 levels and maybe even 300 levels to the neckline. ALl depends on the support zone as is.
We broke through the trendline and the previous support. Now we have 2 dojis and a 4H harmonics indicating a short term sell is in play.
We took profit already with 375+ pips. Now we look to treat prev support as resistance on a break and retest. Looking to short to our initial TP again.
We broke through the trendline and support and now we are testing previous support as resistance. Wait for 4H or daily confirmation. Short Term - 1:3.4 Long Term (safer) 1:2.01
If you have been following me for a while you know how much I love this pair. Every call has been good on the money and this time we already scraped 740 pips on this pair AGAIN!!! If you entered the last time we talked about this in November then you should be at a BE position. However, You can see potential resistance at the support zone 1.7480. This could be...
Short term we broke and tested above the 78% structural zone now we are awaiting a solid 4H confirmation before longing for our long-term short play. The long term trade is short at the 100% level of resistance at the 0.8040 level. Short Term - 1.2.84 Long Term - 1.2:9
We hit the 127 Ext of the Monthly leg looking to bounce short term as a buying opportunity. We will wait to test structure as resistance before executing a long term short trade Short Term - 1:3.14 Long Term - 1:2.94
Short term we hit the 88% retracement of the monthly leg. We should see a short to the 61% of the M leg as well. Because we broke the trendline and 61% we could see another push upwards long term. The retracements of the current w leg would align the 61% fib of the 61% of the M leg + structure. So we have good confluence on a confirmation to go long (long term)....
We are looking at shoring short term as we touch resistance (prev support). However, W/M already broke resistance so looking for longs long-term (safer bet). Short Trade - 1:1.25 Long Trade - 1:2.45