TradeTravelChill

TradeTravelChill

GNTBTC - Looking for new entry after taking profit on the first break out of consolidation. I'm still very bullish on this one long term. Waiting for a BCR of the flag & resistance. Trading on the daily but watching on the 4hour for bullish momentum. I'm bullish on this long term because of the project as well as the total and circulating supply. About...

TradeTravelChill

RENBTC 4hr: flagging, volume picking up - look for breakout either way. The only thing that worries me with these defi's is they have such huge runs and you can't set targets on most of them so for that reason, I don't risk much on these types of setups guys. I treat them more like practice. This ones had over a 200% run, is there more in it.... I dunno...

TradeTravelChill

GNTBTC Good long term opportunity. Been in consolidation for a few months, creating a W formation within the channel. Completion of this pattern is happening now. Last night we poked above my area of interest at around 772 and I’m now looking for a solid bodied candle close above this area and then a retest on the daily which is where I will take an entry....

TradeTravelChill

LOOMBTC Starting to head towards a break out of a long term consolidation on the weekly TF. There’s two entry options here - a BCR of 285 sats area could long to 366 as the first target. The less risky entry would be to wait for the BCR of 366 to avoid the volatile wicky area between 285-366 This would be a long term hold that could potentially return over...

TradeTravelChill

IOSTBTC Starting to look like it’s turning bullish. After a long term downtrend, stellar was stuck in sideways consolidation for some time. Within this zone it’s now starting to create HH & HL’s. I’m looking for a breakout of the 85 sat level, retest and will take a long from there. EMA’s need to turn up and widen also to give me confidence of a bullish trend...

TradeTravelChill

XLMBTC Just broke and retested resistance at 857 on the weekly. Will be looking for a bounce now on the daily for a potential long term long. Market structure started to change on the weekly from around March but haven’t been able to break resistance at 857 until now. Also retesting 20 EMA at the same time. As long as we don’t close below the 20 EMA or support...

TradeTravelChill

LTCUSD Just broke out of its long term downtrend on the weekly TF, great long term long opportunity IMO. We’ve broken and retested previous resistance Massive bullish volume HH & HL’s And with BTC and ETH pushing up to all time highs, LTC is sure to follow. Multiple take profit levels from a potential 53% to 500% if we get back to where we were in 2018! I’m...

TradeTravelChill

BTC failed to break and hold below 11500. Flag forming after a decent bullish run. Completed 5 touches within the channel so now looking for a failed attempt at a 6th touch on the lower trend line which will create a HL then a push out of the flag for the next bullish run. Support now created at around $11,430 so expecting the HL to be created around there....

TradeTravelChill

LTCUSDT LTCUSDT is an interesting one for me at the moment. Although we’ve been in a downtrend for some time, we have mostly remained above the 50% channel line other than a few large dumps along the way. This is usually a bullish sign. The other thing to note is that we are currently trending sideways after a long bearish period - this also usually indicates a...

TradeTravelChill

LINKUSDT Loving what I’m seeing on LINK atm. There could potentially be a huge reversal coming after such a long bullish run. We have hit a level of major resistance at LINKs ATH resulting in a double top. I can still see bullish momentum so I don’t feel the bulls are tired just yet, some large bodied green candles show me they’re still around and still...

TradeTravelChill

DASHUSDT I’m seeing a potential further drop for DASHUSDT here. We have failed to break above the 50 line within the current downtrend channel and are currently sitting around support. What concerns me is that this level has often lead to a change in direction multiple times in the past and lead to a fairly decent long run, however, these runs have been...

TradeTravelChill

ATOMUSDT I see market structure starting to change which may present a long opportunity soon. We are currently breaking resistance. I won’t be longing from the break and retest here because I don't like the messy structure to the left. There are huge wicks there showing this is an area of volatility. I want to clear this first before I would consider entering...

TradeTravelChill

ADAUSDT presenting a great opportunity either way. I understand the whole “there’s always a pullback” however I believe ADA has some fundamental news out ATM that may see a further pump. I’m not into fundamentals so I don’t know what the news is and if it will affect price. What I’m waiting for is:

 LONG OP If we break current resistance, I still want to see...

TradeTravelChill

Simple one today. Update: XBT hit the 10100 area I was targeting in my last analysis before a big selloff as expected. On the daily we are still in an upwards channel and testing the 50EMA The line chart makes the channel much clearer to see. I am still bearish because even with the big sell off last night, volume is still decreasing, RSI showing bearish...

TradeTravelChill Updated 

Before you read this TA please note this comes with the disclaimer that I am totally testing a theory here and it might turn out to be utter rubbish but hey, we’ll soon find out either way! I’ve decided to combine my two loves of trading and astrology to see if I can find a correlation with moon cycles and price action. Now, I know this is already a thing and...

TradeTravelChill

ETHUSD has had a 193% run, her time is up. Currently in an ascending wedge, with a few attempts to bring price down. We have now completely closed the liquidity void formed in early March with a double top around 252.75. I'm waiting to see what happens around the supply block at 256.50 if we can get there for a 12% drop. If not, I’ll be watching for a break...

TradeTravelChill

BTC Analysis DAILY Still inline with the bullish trend line. The recent huge push down came back to trend before pushing back up again and closing with a juicy wick. I think there are buyers still around but will they prevail, we need more structure in order to know. I’m looking for a break and retest of the TL in addition to the 55/200 EMAs to change...

TradeTravelChill Updated 

ETCUSDT Trend trade Supply block around 6.69 Waiting for price to come back to trend which lines up around 50fibs and also previous low wicks - bounce off here will give me 3 confirmations to long Stop below 61.8. I realise the current structure calls for a bigger stop however I believe as it comes back to the TL more structure will be created and as long as that...