cryptovatsik

cryptovatsik

Evening Folks, Here I provide some context around my analysis on Solana and I predominantly focus on specific technical criteria, I am a structural price action trader. I think retail is sleeping on this giant - letting it drift away from portfolios via the uncertainty of its future, similar to that of Ethereum in 2019. This is fair, as an investor, to be wary...

cryptovatsik

If this is in fact a re-accumulation range, we do not want the lows of current range to be broken. Green liquidity zone would be a perfectly healthy correction - but it would lead me towards this current PA not being a form of re-accumulation, which does make a difference regarding where we are in the market cycle. Vatsik

cryptovatsik

Bitcoin Scenario 1 - hold range eq - reclaim higher quarter range - breakout range high - 33k Scenario 2 - lose range eq (stop 1) - lose range low (stop 2) - drop to breakout origin at 24k Volatility is coming - price is compressing on higher volume and tightening with every candle. Violent move is inbound - place your bets! vatsik

cryptovatsik

Gala needs to break this trend. You don't want to see green again if you're bullish, must hold the 100ema and flip red. Then game on. Vatsik

cryptovatsik

$GRT $FET $OCEAN AI narrative is picking up - 3 majors showing promise for the next bull cycle. However, one seems to be lagging. AI industry is about to explode and these alts with it imo.

cryptovatsik

Trade Criteria - bear divs dump has already occured (assumption) - bullish order block tests one more time - range eq holds (this is pretty critical imo) - fully invalid at red - target 30k - if weekly open holds this may just punch up Vatsik

cryptovatsik

Watching this scenario on BDP currently, macro consolidation in a range that also forms a very large triangle. Could break up, could break down. If we break up - I think it happens soon. Vatsik

cryptovatsik Updated 

As expected, $GALA struggling up here. Still interested in green, unless red is flipped and holds.

cryptovatsik Updated 

My plan of attack for Verasity ($VRA) - retrace to 618 fib - even if this is a first impulsive wave of a larger 5 wave structure, I'd expect retrace toward green - green is also a macro break of bearish market structure (dashed line) - it's a key monthly level as well (solid line) This could still push higher, I would still look to long green Invalidated on a...

cryptovatsik

I like Quarter Ranges and they're currently significant imo - Bitcoin lost the upper QR (red) and broke MS bearishly. If I had to take a stab at direction: - 3 drives down (3rd unfinished) - Test lower quarter range & 618 fib Invalid on a HTF reclaim of red zone. Must hold green zone for bullish argument. Cheers

cryptovatsik

Do we count this trend line as valid? Taking it from candle body then to wick I'd lean towards it not being valid - however *if* it is then it starts looking like a classic breakout and retest. Vatsik

cryptovatsik

Interesting formation on the ETH monthly chart - forming what looks to be an ascending triangle. Typically asc. triangles break upwards, could take time to play out. Just an observation, not a trade plan.

cryptovatsik Updated 

Spring plan - on account the bottom holds over the next few months, this is how I see it developing. - Macro reclaim of 20k gets tested over the next month(s) - Dips into green zone are ideal entry points (zoom in on LTF for setups/invalidations) - MACRO invalidation below 17.1k and signs of weakness in green + reaction to 20k level will be warning signs -...

cryptovatsik Updated 

H&S previously shared is playing out so far with the throwback just printing now, took a long here. Invalid at a loss of grey box - target the highs. R/R 5.12 Cheers

cryptovatsik

I shared this setup back in January and said I wanted to long in green - we are nearly there. Lost high time frame resistance block (red) and now nearing my target high time frame gap (green) after a month and a half. I was patient with this one, stood my ground, and should get the opportunity I've been planning for. I will not blindly long this zone however...

cryptovatsik

February open (red line) is a must reclaim for me at this point to push any higher. It was also a significant s/r price point back from June '22 - reclaim it and targets above (T's) I am personally leaning towards trading at the DCP level around .57 cents again in the short-term - it's a breakout origin and also in line the the 618 fib of this overall rally since...

cryptovatsik

Possible inverse head and shoulders forming on the H4 for $ETH If this right shoulder can hold above the 200ema and we press the neckline, it's an easy push to the prior high at 1730 area imo. Cheers

cryptovatsik

Holding the ascending range eq. and coiling beneath 200ema & monthly open. Push past 21.5 this week possibly - want to see a breakout soon if so. Cheers