My estimate is that Ethereum will drop more in the short term along with the altcoin market as a whole, towards some form of a liquidity sweep of the lows (yellow, because it is the next support area) before reclaiming the macro range eq (green). If this happens, I'd expect a consolidation near the range highs (Red), otherwise if it becomes an expedited recovery...
Keeping it very simple, sometimes less is more. Bitcoin has a clearly valid descending resistance that price is hugging on the monthly. Once it is broken, we will continue this bull market (yes, we are still in a bull market). Vatsik
Notes on chart, but I've been watching this beast for months now and it has shown massive relative strength time and time again. Absolutely going higher in my opinion, bullish high time frame price structure. Maintaining HL's and still within its local range. I do like to note the previous range as well as I think it has some influence still. Reclaim above...
Hbar is consolidating inside of a macro range and has been for 3 weeks now. This is not a bad thing, it's good in fact. It was recently broken out of a major resistance area at 0.09 (give or take), which is major and now all price is doing is consolidating right above. Preparation for another leg up imo. Green is target, but expecting higher (point of...
RSR absolutely crushing it this past week and still not even at macro resistance yet. Question is, do we see some consolidation first before another god-like candle? I don't think this thing sees green again for a long time. The train has left the station. Vatsik
RSR has shown strength as of late, but better late than never. Currently it is attempting to depart from its macro accumulation phase (high volume area) and is pushing the first level of interest (dotted horizontal). Additionally, it is interacting now with the 100ema on the weekly time frame, meaning I think a shorter term correction is due. Long term, this...
Hi everyone, GALA games will hit an ATH sooner than we think, imho. As the bullrun heats up, altcoins will fly faster than we can responsibly manage. With that said, in my opinion GALA has not yet reached its expansion zone, yet. GALA has recently flipped the green baseline area, which is bullish. I'd expect a reasonable, healthy, and logical correction...
Bitcoin has just reclaimed the range eq on the hourly, signaling continuation to come shortly. Yellow box displays the confirmed reclaim, and often these eq reclaims signal continuation in the trend. Not saying BTC continues its push for the long term, but at least on this lower time frame it looks primed for a move upside. Vatsik
I just longed GETTEX:RLC with a tight stop loss (%2) I just like the way it is shaping up in this tight channel and with the altcoin market showing strength today this one has been lagging. Looks good for a push to fill in the inefficiency above. May just dump and hit my stop overnight, but worth the risk imo. Trade safely, use stops.
Not much has changed - which is a good thing. VRA is maintaining the macro wedge with a little dip, as expected, back down to demand. Expecting a good bounce from this area soon, but ultimately looking for a break out of this wedge for expansion.
I currently like ARB at this level - would like to see a bounce soon to maintain red band. Holding the range well overall, expecting relief soon but question is if this macro range can break to the upside. I'm of the opinion it will, but perhaps some more chop in the mean time.
INJ has managed to sustain this range for some time - suggesting a major move incoming.
XRP has been ranging, like it or not, for the past few months. Blue range high and low signify the parameters price has respected and I do not expect this to change. What I would expect, is a potential flush into the deman zone (green) preceeding a push up to the mid-range with a reclaim and push to the range high. This is contingent on the fact the altcoin...
VRA has been consolidating over a substantial amount of time during its accumulation phase. I think we may see a little more lower time-frame consolidation before a breakout. VRA has reclaimed green (demand macro S/R) and should hold above this level for a breakout. In my opinion, gone are the days of trading inside yellow (accumulation). However, considering...
This Link chart is not something new from me, some time ago I showed you this accumulation range that lasted some 500 days. Now Link has broken out of the accumulation phase and entered expansion. What does this mean? It means Link will sustain a steady grind up with tight, shorter consolidation ranges until the next macro correction like we just some last...
Bitcoin has reclaimed the range eq and swinging to the range high. I'd like to see a little correction toward the eq over the coming days, with a following reclaim of the ranges upper quarter eq and consolidation before breakout. Either we get this setup, or BTC smashes the range high and continues upward imo. Exciting times. Vatsik
Rose has been ranging in a macro range since it's high printed earlier this year. My criteria for continuation is a reclaim of the range eq - this is currently happening. We've had a high time frame candle on the H12 close above the eq and piercing through this resistance level 9red box). If it can maintain and confirm acceptance above this level, with HTF...
Kadena is prepping for a flush of the lows in my opinion, but what comes after is what I am after. Watching for a flush soon, then my trigger is a reclaim of the range low above green and continued strength thereafter, not weakness. A move back to the range eq is significant, this is a large range currently in a re-accumulation-like phase of the cycle for...