YurloTrades

YurloTrades

Hello traders, I'm still waiting for the retest to confirm bullish strength before looking for any higher and will stick to my plan. Please like/comment to show your support and get this TA post to 20+ likes to unlock the next one. 👍

YurloTrades Updated 

Hello traders, The downtrend formed at the local top has been broken and now I'm expecting a retest before continuation. My target from the dip will be $51,700. Please like/comment to show your support, thank you. 👍

YurloTrades

Hello traders, Closed my short for a loss because bitcoin has broke resistance and I'm not going underwater while BTC steals the show and liquidates short positions on this short squeeze to $51,000+ Please like/comment. 👍

YurloTrades Updated 

Hello traders, If we reject from resistance on the mini downtrend we've formed which would be the supply zone for big players I'd be looking for $46,222 as an area if interest. This area if also where 25x longs get liquidated. Please like/comment. 👍

YurloTrades Updated 

Hello traders, Usually all my technical analysis posts are strictly (BTC) but this (SOL) chart is very interesting with what it's done. 120x in one year is insane, everyone who bought this coin early 2021 or even within the last few months would be up a lot of $$$. The entire SOL community is euphoric and reminds me of BTC at it's peak (ATH). People are...

YurloTrades

Hello traders, In my previous BTC technical analysis post I posted a falling wedge with a breakout target of $48,800. This level has been met and think it's now the supply zone for whales. Please like/comment. 👍

YurloTrades Updated 

Hello traders, Last 2 posts I posted a bullish scenario below $47,000. It seems to be strong and closed ltf above the top of the falling wedge. Short squeeze is likely in the next 24 hours going into tomorrow's daily close. It doesn't need to follow the 1-5 wave count exactly but the target is $48,800. Please like/comment to show your support please & thank you. 👍

YurloTrades Updated 

Hello traders, I'm short looking to see if support holds before entering into a long again, I'm scalping with the flow of the market so don't care to flip long short long short if it means making money. Will update once the lower blue box gets tapped.

YurloTrades Updated 

This price action is giving me flash backs and this same setup ended up breaking upwards and finishing the 1-5 wave count before rejecting. History doesn't always repeat itself but it often rhymes.

YurloTrades

Hello traders, I've been wanted to swing trade, but can't resist it any longer. I'm scalping again because it's my niche. Hourly candle closed as a reversal, looking to short $48,800 probably tomorrow. Blue rectangle box looks like a good place to trap buyers & where whales probably have sell orders ($48,800 ish)

YurloTrades Updated 

Good morning traders, Sometimes it's fun to play around with fractals. "History doesn't always repeat itself but sometimes it rhymes"

YurloTrades Updated 

Hello traders. Buyers failed to reclaim the wedge so technically speaking it was a retest after breaking down which at the same time trapped bulls into thinking we we're going higher. Over the weekend we could've dumped but think they were waiting for CME's to close yesterday so we didn't print a CME gap. Yesterdays daily close was the most beautiful thing I've...

YurloTrades

Good morning traders, Bitcoin made an attempt to break the rising wedge but found support and ended up retesting the wedge which I think is normal because when something breaks a pattern it usually has a retest before continuing. I've circled the two area's of breakdown and the retest locations. (yellow circles) Golden pocket (0.618 fibonacci) at $42,513 is an...

YurloTrades Updated 

Hello traders, BTC has been very interesting the last few days. We've recently over the past 24 hours broke below and closed the daily under the rising wedge support market structure. It looks like whales are loading up before the next leg down in this region. The 200 day moving average is currently sitting at $43,888 (ish) 0.618 fibonacci is sitting at...

YurloTrades

Hello traders, Sellers have breached the rising wedge that was formed over a month ago. This might take several hours or several days to play out but I'm confident sooner or later this will continue down. Retesting the downtrend from ATH's takes us below $40,000. Eventually we should retest the grey rectangle box depending on when things pick up speed. If we...

YurloTrades Updated 

Hello traders, Daily timeframe analysis: bearish confluence ✓ 1) shooting star reversal candle. 2) bearish engulfing candle on the following candle which confirms the initial reversal candle. 3) top of the rising wedge. September is probably going to be red, as it aligns with the rising wedge and recent price action with the candle stick patterns. Stay safe,...

YurloTrades

Hello traders, I know in my last post I said I wouldn't post until October 1st, but this is basically the same chart so figured why not. We rejected the top of the rising wedge yesterday around $50,500. 100 day moving average is around $46,500 as of right now and climbing higher and higher after every close. This moving average is used for trends, once it...

YurloTrades Updated 

$BTC short setup 🐻 1) Target: $37,777 2) Stop loss: $51,555 This is my last technical analysis post until October 1st 👍