Somstradamus

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Patience is the key here. This green dashed arrow has been drawn on July 6. Target has been reached today. The bias is bullish because of the uptrend we have on daily (yellow drawing). The H4 is also in an uptrend but has already reached 3 impulsion waves (white drawing) and is right under the zone of S/R at...

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BTCUSD update Funnel : D/H4/M30 (intraday) I told you in scenario 2 that it would not be THAT bearish until we break the zone of S/R at ~8800, which didn't happen. Instead, the price has reintegrated its compression on H4 (blue) up, which lead to a great bear trap this time. Right now, BTC is evolving in the middle of a daily range (yellow) so there is...

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BTCUSD update Funnel : D/H4/M30 (intraday) The reintegration of the last daily bottom (pink circle) has happened as foreseen in my previous TA. We almost hit my target at ~9300 by hitting 9239. Now, the price is currently compressing on H4 (blue) and the breakout will determine the next bias on daily quite clearly : 1/ If it breaks up, we will confirm a...

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BTCUSD update Funnel : D/H4/M30 (intraday) We did not have a 3rd impulsion wave on H4 as per expected but instead, the price entered into a new compression on H4 (blue) which has finally been broken down, leading the price to my first target at ~8800. Currently, the biais is still unclear as the price is about to reintegrate its last daily bottom (pink circle)...

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BTCUSD update Funnel : D/H4/M30 (intraday) As per foreseen in my previous TA, the price has compressed on H4 (blue) before going for another daily impulsion (yellow drawing), reaching my first target at ~9800. Now things start to look ugly as we had a pretty violent turnaround down toward the lower part of the daily compression (yellow) which sent us back on a...

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KAVABTC update Funnel : W/D/H4 (swing) Nice configuration here with the price compressing on daily (yellow) right on the upper side of the weekly compression (white), which could potentially lead to a double signal D/W aka a 2nd impulsion wave on weekly (pink drawing). To watch. ————— Entonnoir : W/D/H4 (swing) Belle configuration ici avec le prix qui...

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BTCUSD update Funnel : D/H4/M30 (intraday) As per suspected, bear trap. The price has reintegrated the daily compression (yellow) without even going through any compression on H4 (which is even more bullish) and has been stopped by the median zone of this daily compression which is also the last daily top level(pink circle). In terms of a trading range...

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BTCUSD update Funnel : D/H4/M30 (intraday) The daily compression has been broken down by a double signal H4/D. Therefore, the bias is bearish. The trend on H4 is bearish too with already 2 impulsion waves (white drawing). However, seeing how this huge wick has been bought back under the zone of S/R at ~9000 does not make me confident with bears. The price...

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BTCUSD update Funnel : D/H4/M30 (intraday) Interesting to see that it was my first bearish TA drawn on June 4th which was the one that finally happened. This potential double signal on H4/D did not. We are now almost at the bottom of the daily compression (yellow) which means the bias is uncertain (pivot point). It will become clearly bearish if we break out of...

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BTCUSD update Funnel : D/H4/M30 (intraday) The scenario of a new compression on H4 (blue), right in the upper part of the daily compression (yellow), is happening. A lot of uncertainty regarding the biais on daily until this clearly breaks out. Stay out. Since my bearish scenario did not happen, I'm now waiting for a double signal breakout on H4/D. But both...

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ADABTC update Funnel : W/D/H4 (swing) A quick TA on ADA which is on a bullish bias on W. The daily trend is already old with 4 impulsion waves (yellow drawing) and the price is currently compressing on H4 (blue), right on the zone of S/R at ~800. If the compression breaks by its top, we might go test the psychological level of ~1000 but I believe this will be...

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ETHUSD update Funnel : D/H4/M30 (intraday) It's been a while I didn't do any TA on ETH as it was more or less following the same moves as BTC. However, today I find the graph quite interesting. The biais on daily is bullish, the price is currently compressing (blue) pretty hard right under the zone of S/R at ~250 which can lead to 2 scenarios : 1/ The price...

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BTCUSDT update Funnel : M/W/D (LT) The long-term scenario I draw on April 6 (green dashed arrow) has been perfectly followed until we reach the last monthly top level at ~10500 (pink circle) as per foreseen in my previous TA. The ultimate level to break now is the upper part of the monthly compression at ~11400 (light blue). If we close above this level with a...

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BTCUSD update Funnel : D/H4/M30 (intraday) So the price has reintegrated the daily compression (yellow) down which has been confirmed by breaking the last daily top at ~9760 (pink circle) down. Therefore, we are back on a bearish bias on daily. Next logical scenario would be this ugly compression on H4 (blue) to break by its bottom and lead us to the lower part...

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BTCUSD update Funnel : D/H4/M30 (intraday) FYI, this green dashed arrow has been there for 6 days. Scenario is now complete. We retested the 10k and even more, exactly as I mentioned in my previous TA. The pump was initiated by a strong double signal on H4/D which seems very bullish for what's next. The bias is obviously bullish on daily and the trend on H4 is...

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BTCUSD update Funnel : D/H4/M30 (intraday) Still in my bullish trading range scenario (dashed green arrow) but the price faces a strong zone of S/R at ~9400 which seems to make the price enter a compression on H4 (blue). If this compression breaks by the top, we will see a restest of the psychological level at 10000. If it is by the bottom, ~9150 and ~8800 are...

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BTCUSD update Funnel : D/H4/M30 (intraday) My bullish scenario happened with a throwback on the lower part of the daily compression (yellow) sending us on a bullish bias in terms of a trading range strategy. The trend on H4 has already 2 impulsion waves (white drawing) and is still tradable via setups on M30. One shall take 33% profit on the median zone of the...

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BTCUSD update Funnel : D/H4/M30 (intraday) There it is : my scenario 1 happened and we reached the target at ~8600 aka the lower part of the daily compression (yellow). Now, what's next? The price has reached a bias pivot point where we can end up by having two scenarios : 1/ we have a throwback on the lower part of the daily compression and the price...