Riester

Riester

Self-explanatory chart. In the short term I would look for a bounce at 55500. If we lose this level and the purple ascending TL, we have massive untapped 3D demand @ 47000

Riester

Both the BTC and USDT pairs have swept intraday demand. There is still some untapped daily demand on both, so if we reject and make lower highs at the respective red regions, the blue regions are my target entires. Otherwise, we keep pushing above the red, hopefully with a quick retest, before we pump into Price Discovery.

Riester

ALGO consolidating under resistance @ 240 sats . Ascending triangle is looking juicy and ready to pop. Next notable resistance is 310 sats and then 430 sats . 30-80% gain by late May is conservative.

Riester

The last two times we broke 134 sats were false breakouts. However, this time leading up we made a series of higher lows, whereas the previous occurrences were unsustainable 100% moves Looking to flip 134 sats with a daily close and then its off to the races. The next notable area of resistance is 380 sats and then 600 sats. Regardless, it's insane gains.

Riester

Humans are notoriously great at recognizing patterns, even those that might not be real...

Riester Updated 

Volume and RSI are printing double bearish divergences. Weekly demand @ 28-30k where our previous impulse launched from. Also at this level are: 1. Daily 200 EMA 2. Weekly 21 EMA In previous bull runs, price always reverted to the daily 200 EMA and the weekly 21 EMA. They were frequently retraced to and used as support. TARGET: 28000-30000

Riester

Two indicators in confluence. Keep in mind that bearish divergence can be invalidated if this impulse continues, in which case the RSI would make a HH with price. The rising wedge is a rising wedge no doubt, and we are yet to retest the S/R zone @ 1600. IF we lose support on this wedge, my target big is 1600.

Riester

Flipped range EQ, then flipped HTF supply zone (purple) @ 60.54 sats. Looking good for a breakout. Targets: 86.5 sat 106.4 sats

Riester

DOT/BTC 1. strong demand @ 0.00066 2. bullish divergence on RSI DOT/USDT 1. symmetrical triangle consolidation

Riester

If we fail to get a daily close above 48000 tonight, I expect a retest of 46000. 1. 4H supertrend 2. 4H 200 EMA 3. 0.786 of intraday range and daily range If we close above 48000 tonight, then I see us pushing up to range high @ 52000

Riester

Zig Zag type correction Complete ABC/WXY correction into daily supply @ 54000 Make next bearish impulse to HTF demand @ 36000-38000

Riester

This afternoon I suspect we will retest Range EQ @ 48000 Tonight sweep Range High @ 52000 Breakout to sweep daily supply (and daily supertrend) @ 54000 Then dump in the next 48 hours...

Riester

1. 4H 200 EMA 2. Reclaim range low @ 44100 3. Falling wedge breakout?

Riester

Left chart is 3D Right chart is Daily DEMAND ZONE 1. 3D supertrend 2. 3D 21 EMA BEAR SIGNAL 1. Daily supertrend sell signal 2. Backtesting daily 21 EMA TARGET: 37000-39500

Riester

Expecting a bearish breakout from this wedge. That is all.

Riester

1. Daily demand @ 36-38k 2. Daily 100 EMA approaching 36k 3. 3D supertrend @ 37k 4. 3D 21 EMA hovering above 37k Expectation: Dump to 38000 as a daily close, with wicks tapping into 35000's to test the daily 100 EMA This EMA retest was common in both previous bull cycles. Price would rarely close at the daily 100/200 EMA, but would often wick it and then...

Riester

1. Weekly demand 2. Daily 100 EMA 3. VPVR shows high liquidity That is all.

Riester

Seeing as the daily close was bearish, I am inclined to think we continue to dump. My target is the 0.786 of the range @ 49500. In terms of a wave count, the dump to 48000 was obviously impulsive, and this pump we have currently is 3 waves. 3 waves = corrective. Bearish scenario is invalidated if we break the orange region at 55600 as market structure will break...