Unchained_Trading

Unchained_Trading

Two potential setups for Bitcoin. Similar thoughts as the Ethereum setup. Sellside pressure has not broken. Counter trend. Carries significant risk.

Unchained_Trading

Ethereum is looking stronger than Bitcoin for the potential of short term upside. Price has done a decent job maintaining support and I've been surprised how strongly it has moved in terms of momentum. As long as support within the green channel is held, as well as support in the Bullish Control Zone is held for momentum, there is potentially a counter trend long...

Unchained_Trading

The longer drawn out count, ABC, that I had shared on October 1st ended up as the count that filled out. Therefore the probability of a WXY correction is significantly lessened - but it is not impossible for us to see 3 waves to the downside. It seriously does not get any better than that - to the very candle. In the short term, I am expecting a...

Unchained_Trading

We saw a fairly nice rejection over night for my more bearish count. However, it is always best to be prepared for the market to move in either direction. As far as a Bullish count goes, this is the only reasonable possibility that I could come up with. There's a few reasons now to like it, the primary being that there would have been essentially no correction...

Unchained_Trading

I'm waiting for a clearer picture to form to more confidently gauge the direction. However, I'm not overly convinced by this latest move up. This is looking like a pretty decent setup in my opinion.

Unchained_Trading

Potential short opportunity on the daily chart . Minimum target $9,600.

Unchained_Trading

Looking for a short entry around $0.08 if we can make it up there.

Unchained_Trading

Looking for a potential short entry on a pullback to around $5.40. If this is invalidated, the next opportunity will be around $6.00.

Unchained_Trading

Qtum is looking pretty bearish with a very shallow running flat. Looks like a nice short opportunity.

Unchained_Trading

Tezos looks poised for a much larger retracement. First target is $2.50.

Unchained_Trading

Potential short opportunity in XRP.

Unchained_Trading

Potential Diagonal setting up for a scalp long opportunity in Cardano. In my opinion, in order for this to play out, BTC will need to trend sideways. This is too big of a move with not enough time if BTC is going to trend upwards and reject at $10,750.

Unchained_Trading

Some nice confluence with corrective fib targets and a retest of the trendline. Fits nicely with the WXY count from my previous analysis.

Unchained_Trading

Looking for short opportunities within the highlighted region. Particularily would like to see rejection here at $350, $356, or $362. Longs on a breakout of the highlighted region.

Unchained_Trading

We are in a pretty tricky spot right now for Bitcoin with a conflict between the Macro(Yellow) and the Local(White) structure. Preserving the Macro structure, the correction is finished and we are ready to roll over to the downside. However, if we sacrifice the symmetry of the Macro structure, the local correction presents an incredibly viable possibility. What...

Unchained_Trading

Potential scalp long opportunity in Kyber Network

Unchained_Trading Updated 

Update for Bitcoin. Price and momentum managed to find support. Original higher targets are still possible but the price cannot break below the support at $10,600.

Unchained_Trading Updated 

The argument for more upside to the original targets fits better for Ethereum than Bitcoin. Similar to Bitcoin, price and momentum managed to stabilize before a breakdown. The minimum requirement at the .618 has been reached, however if we continue up I will be looking at the .786 or the 1:1 as targets. Ethereum has much more room before invalidation since it...