Unless we break upside 0.458 on sign of strength. I do expect a retracement down for shib. Since demand has been in power since beginning of October, I would expect the need for it to decrease before, we have that drop, by testing again 0.458, having some more of it getting absorbed. And overall, I would consider .37 as first retracement zone, and unless we test...
First, I do expect it to go back to .32 & even more higher with time, logically. But as we go a level at the time, I focus at .32 now, which a break upside .295 on maintained demand would give us even more confirmation we are moving toward there. As for now demand volume did slow down, I would expect some retracement. To which I would look .27 as first area to...
Since demand is still showing presence, and could see more decrease, I would expect another test of the 29.-29.4 area first, where there could be a nice place to look for a sell entry on light demand with a tight stop loss upside the 30. area. And a break under 28. on heavy supply would be a good confirmation that we are indeed moving to around the 26. area and...
A break upside 63k would be a good sign that we are moving toward the zone, but it might retrace before. Since it is still into a cycle getting formed, and I am still waiting for a LPS to happen, for making this cycle even more legit. As I would expect this LPS to form around 61k, and a light supply a the touch of the area would be a good beginning place to add...
On yesterday’s idea I mentioned; What I would look for a valuable sell entry would be; - A retest of the 64k-65k area showing light demand, and then hold the entry as long as selling interest remains As if this eventualities happens, which could also be great entries, or signs to hold the entry - A break under 62k with signs of weakness, which would make us aim at...
A break upside 44. Is needed to confirm we are keeping on going up. For now it is looking as an slow forming accumulation cycle, but the cycle has to unfold more to give us that confirmation. A break under 39. Would make me wait for a test at lower zone for a better buy entries on light supply. Which I would consider 35.5 as next area to look at. 4hours ...
A retest of 220. on light demand would provide a good sell entry. Or a break directly under 185 on SOW. Having to be careful and sure supply is in overweight because 185. did show some resilience in the past, which price could just also move straight upward from there. Break upside 220. would make me aim at 245 as scalping buy area, and then look again for a...
I would be expecting a touch again of .52-, and price staying upside .505 would be a sign of it, even if some test of .50 is still a possibility before we would go there. If we going back under .50 showing weakness, it means we are going to have more touching of the .47-.48 area. Would not expect a long term or that much of a big drop unless we break under...
-Entries in bold letter given lower- On the last idea I mentioned how to make sure we break upside 67k on maintained demand so we can know we still have fuel to aim at 68k. On yesterday evening while we were still testing 64k, we needed to get back upside 65.2k as sign that some buying presence is still there, which it did. Then after went touching the 66.7k...
So we reached the zone mentioned in the two last 2 ideas & got a nice getting out of the accumulation Break upside 67k would be making more secure to aim at 68k, since we are hitting resistance areas that were barely touched before, we have to be more careful as we are moving from one to the others making sure demand volume is maintaining. What I do expect...
Expecting another touch of 172. A break upside 165 is first needed to assumed that we are going in fact to that area. A break under 157 with showing weak demand signs would make me consider 150. as for next entry, on signs of lowered supply. A break under 135. would make me consider more selling longer-term positions. As it is now, I would expect more a...
Could do more testing of 1780, especially if we remain floating upside 1870, but I would expect again weakening of demand at the touch of it. And a break under 1760 on heavy supply would be a good sign that we are going back to 1750, and 1740 on maintained supply volume and weak demand signs. Daily Weekly Monthly
A break upside 63k, the lower part of range cycle, has still to happen to consider we are in fact moving upward leaving our TR. A couple of LPS did happen, at our awaited zone of 61k and some more at 61.8k, followed by a shakeout to the downside testing the 61.5k area again, that was short lived, and totally normal, and telling us that price and ready to leave...
Price staying upside 61.2k holding on support, while showing signs of weakened supply, give us more confirmation that we are in fact, in re-accumulation. And a break upside 62k could make us aim at 62.8k. And to consider 64k, break upside 62.8k on still strong demand is important. Here it is not important to monitor it more, going level by level, since if it goes...
Firstly, we need to break upside 58.5k Now I will look at how 57.5k handle it if we got a retracement to it and Since bullish momentum is calming down right now, we could have a retracement to around 55.8k-56.5k, and light supply there would be a good entry, even if for more serious big entry. 58.5k needs to be broken. And as mentioned on last idea. I am not...
Would not consider any serious long-term buying solution unless it would break upside 1.30 on SOS. So for now, I will be looking for sell entries at the retest of 1.258-1.26 on light demand. And a break under 1.24 will be another signs that we are on a movement toward the 1.22 area. Daily Supply in maintained power since the 21 September. Weekly Supply...
Not thinking about any serious buying position long term unless it breaks upside 1.43 on heavy demand. Next; - 1.34 could be a good next area to first aim at to take profit on sell positions. And a break under the area on maintained supply would make me aim at 1.32-1.34 next. - could retrace to 1.375, and weak demand around there would be a good sell...
Keeping a buying bias for now, since demand did show SOS. But I would take 60k as next zone on a actual break upside 57.8k on maintained strong demand. And a break under 56k would make me look for sell entries, if selling interest still emerging. And a break under 53k would make me consider more bigger sell positions for a longer road to the downside. Daily ...