Plenty of 'pride' on twitter atm.... calls for 27k, 24k... Gonna take a swing at this one, OVERWATCH Bottoming showing divergence on m15, m30 showing OVERWATCH bottom and Bullish engulfing pin bar.. Will scale in more once TM switches to upside. (Red resistance line)
Here I will attempt to document a price action plan and trade setup focusing on XRPBTC pair. DAILY STRUCTURE - From my observations, price has come down to fill an imbalance, located at left of chart, signalling liquidity injecting into the market, usually i have noticed that XRP can wick into an area to test that area then go towards it which leaves no...
How often have you heard this term “CME gap” on Twitter, Reddit and other social media platforms. People usually refer to CME gaps during and after the weekends. “There is a CME gap at $9800”, “Bitcoin is about to make a huge gap on the CME chart”, “gap has been filled” and so on. What is CME CME stands for Chicago Mercantile Exchange. It is the world’s largest...
Well in a short space of time, BTC has arrived at yet another CME GAP. Price is currently hanging around inside of this gap and awaiting its next move. This update features all GAPS that are currently available and Unfilled... You can notice how price action has almost 'hunted' for these gaps in the past. Current unfilled gaps: SUPPLY: -34455 - 35180 - Clean...
On the verge here if flipping my bias... However have been waiting for these FVG to fill to see another crack at 25k level... It was clear that BTC was out of steam and traders awaiting a move down...Many traders on Twitter shorting the market, calling bear trend... I read one guy putting 'Stage 4 downtrend' lol... Ok... How many stages are there?? Hasn't even...
Looking at a 4 legged dog accumulation plus divergence on the overwatch. Entered some portions here...
Ive been awaiting the 12hr cross to downside (Lower pane) as labelled in the image. As can see from previous bottom, switch in bias and divergence happened actually was the bottom while traders called 10k. From my experience the 12hr is a reliable indicator for future price swings. Looking in on the 4hr, can see liquidity steals with structure to move higher,...
Bitcoin moved from 16.5k to 19.4k this week, Initiating over 600m in Short liquidations (Details from coinglass) Mentioning 'no names' regarding indicators or scripts lol (as most of my recent trade ideas have been restricted due to mentioning my own indicator scripts 'violating' house rules) In celebration i made this graphic ;) ...taking profits.
Have been simply using these indicators i have personally coded to mange the hell out of FRAXSHARE. As you can see apporaching a daily timeframe and 12 TRENDMASTER setting continues to bring devastating results. Now there is addition of FRAXLEND in order to leverage up positions, however with the % returns from each move, it is not needed.
Eth consolidating and playing range bound games, easy pickings for anyone familiar on range bound entries. Simply using wick play or VPVR they bring similar results. Have been awaiting a move back up to the 1600 level ready for a next move. When overwatch switches to upside, im expecting the move back up to 1600.
Lets go again for a second move... 88.6 pierced, looking for a move upto the green box, can see previous move from 4 legged dog accumulation move, then a fibb trap move. Looking for this 2nd wave to melt shorters.
Lets see how this 15m accumulation pattern works out. Divergence on the 15m overwatch.