UnknownUnicorn2934042

UnknownUnicorn2934042

Closed my previous ETH long two days ago. BTC was looking real nice on that last hourly candle, so I market longed ETHUSD, still riding my BTC long from $6930.

UnknownUnicorn2934042

ETHUSD should get a nice boost if BTC keeps this up, seems like some huge upside potential on cross leverage.

UnknownUnicorn2934042 Updated 

I like the $6700 area for a setup, but market longing this last dip just feels right.

UnknownUnicorn2934042

Looking like this parabolic rise is ready to drop to that 1.27 fib extension, also a VERY important weekly level I've been watching for a LONG time.

UnknownUnicorn2934042

The mystical power of Fibonacci retracements never ceases to amaze me. Sure, this a hindsight trade, but damn if it ain't beautiful.

UnknownUnicorn2934042

so yeah....if support breaks....could get uglier

UnknownUnicorn2934042

Back in april of '18, BTC was tanking, and found support and rallied pretty hard for a month. After our blow off top last month, we were rejected from the supply(br) from the top of that rally that ended on 5/5/18. and today, we bounced off the top of that daily demand(breaker) from the beginning of that same rally that started on 4/6/18. I know everyone is...

UnknownUnicorn2934042

If my idea about the daily demand providing a bounce proves correct. We want to remain cautious at these $9500 area levels for a possible smackdown. The market would surely be euphoric reclaiming $9k, and just above it is the $9400 weekly level and these potential Fib retracement levels where we could see a rejection/possible short opportunity.

UnknownUnicorn2934042

I'm currently in another long on BitMex after getting stopped out in profit the first go 'round. Though I do think it's possible that the recent drop could've been it...we saw an almost perfect 0.79 fib retrace confluent with a daily breaker from the 40% pump a few weeks back, a setup I have been watching ever since the pump, and a pretty ideal set of...

UnknownUnicorn2934042

In case this current long fails, I'm going to leave these two sets of bids overnight. Slightly wider stops than normal since these zones are a bit larger as well. Basically using the bottom of the daily breaker we're in to the weekly breaker EQ for one zone, and the bottom of the weekly demand to the daily demand as another.

UnknownUnicorn2934042

If today's long fails, we're in an interesting spot. $7298 was a pretty perfect bounce off this long term weekly breaker, with a nice move up that has now retraced and found support at a daily breaker(for now). IF this fails, we've got this local weekly demand bottom at $7629, and the local daily demand from $7424-$7468. Hard to pick just one spot to lay...

UnknownUnicorn2934042

Been waiting 3 weeks for this, and so far it's going according to plan. If this falls apart I'll be looking for $7400 area for a retest of the daily demand block, but for now I'm waiting for this to play out.

UnknownUnicorn2934042

LINK has been such a beast, people seem to think the rules of markets don't apply to it. Ignore the numbers and look at the candles, and tell me if that $1 line doesn't look like a conservative retracement point for a bounce.

UnknownUnicorn2934042

I stopped out of my long from yesterday, and the weekly close looked pretty bad. I did take a long this morning with the thought that the dip to $8337 was a potential double bottom from the $8350 low the other day, but I already stopped out of that one. I'm looking to catch bids in one(or both of these spots). I've been talking about this area for entry since...

UnknownUnicorn2934042

Hit 2/3 bids, would love to see all these shorts . get squeezed.

UnknownUnicorn2934042

Already in a long from yesterday, and I added on expecting support to show up at $8550 after that rejection on the last hourly close. If I get stopped out in profit, I will have bids waiting in this 4hr demand to catch the knife. the 4hr highs have been hugging my prediction line pretty tightly, and I still think things should go pretty much like I said in my...

UnknownUnicorn2934042

Here's a rough Idea of what I expect from King Corn in the next week or so. Everyone wants $8200 right now...not gonna happen, not yet at least. Wait until we get a little bump up and "it seems so crazy"... we all know crypto sentiment is fast moving.....3 days or so above $9k and people will say no dips ever again. Zoom out to the weekly and until we can see...

UnknownUnicorn2934042

Underwater with this long, hopefully BTC can lift all the USD pairs. Shoulda stuck bids at the 1.27 downside fib in hindsight.