stevetambo32

stevetambo32

Price hit a high of 73.8K (74K) on the recent breakout . Most traders had TP at this level. Might be time for a pull back. Targeting the 50% fib level. Super long from there if it hits

stevetambo32

Polkadot price has been building momentum for a while now and with BTC breaking above 70K I think it's time for the breakout. Long opportunity if price retraces to demand zone between 4.109 and 4.1 (tight band so adjust SL accordingly)

stevetambo32

As expected price is moving in the direction of a breakout from the upper channel of the symmetrical triangle. Long opportunity if price retraces back to the demand zone between 2560 and 2600

stevetambo32

Bigger picture of the market price action right now suggests BTC is headed for 74K. Bears have failed to push the price below 65K . Bulls stepped in quickly to push price back up above 66.8K . Flag breakout still in play.

stevetambo32

Price fell and found support at 2380 demand zone that coincides with lower channel of symmetrical triangle. Bulls stepped in pushing price above 460. New demand zone formed on 30 min chart between 2453 and 2463. Breakout long from here

stevetambo32

After the flag breakout we are now in the pull back phase. Price should not drop below 0.618 fib . If this happens the flag is invalidated and a crash below 50K is probable

stevetambo32

Price broke down after failing to break 68K resistance. Pulling back into supply zone on 1 hr chart . Trigger entry once inside .

stevetambo32

DOT price forming symmetrical triangle and looks like this was the last leg down . Price broke out of downward channel near support. Bullish trigger formed within demand zone between 4.093 and 4.153. Go long for breakout

stevetambo32

Price was in a brief downtrend but broke out from descending channel . Flipped supply zone between 2484 and 2503. This area should become new support. Long position from here

stevetambo32

Looking at open interest rates for ETH on the daily chart they are very high. Might be a signal that we've peaked here and the price needs to start falling again . Retracement into supply zone between 2589 and 2555. Price has failed to break this.

stevetambo32

SOL price formed and broke out of ascending triangle as earlier anticipated. The retracement has already happened and good demand zone formed between 172 and 174. Next resistance level is at 190 area. Long from this point .

stevetambo32

Bulls step in to kill bears at demand zone between 2430 and 2490. Looking at the chart pattern ETH price looks to be forming ascending triangle pattern. Further looking at the spread in price between BTC and ETH, both prices are highly correlated and usually move in tandem but there is a very big spread between the prices now with ETH being undervalued....

stevetambo32

Inside bar formed and broke on the downside at 69K supply zone. Considering the flag breakout price should find support at 50% fib level. If bulls fail to defend this demand zone then I expect price to crash till 38K. Do or die time for crypto.

stevetambo32

The 0.382 fib is the resistance point from which the price reversed. With the failed breakout I expect price to fall till 3 USD (1.618 fib) level

stevetambo32

Looking at daily chart price breakout failed and has been printing lower highs. Low buy volumes and higher sell volumes. Expecting a sharp fall in the price. Dangerous zone here for bulls.

stevetambo32

Price facing heavy resistance at 170 -168 area. Bearish short term sitaution : price falls to 156 (demand zone at break out point ). If support is found, long to 180.

stevetambo32

After retracing back to the demand zone SOL price is consolidating forming an ascending triangle pattern. Market conditions are bullish currently so high probability a long trade with this should work out

stevetambo32

Price retraced to demand zone between 159 and 161. Looks like its found support around this area. Good potential for a long position