westiron54

westiron54

I'm looking to buy GIGACHAD support if it comes. I'm seeing weakness in bitcoin , frothiness in alts (with very little upward movement to support the sentiment). I don't see how Solona wont become a top 3 coin. A little healthy pull back never hurt anyone. Idea is considered wrong if price gets to $205 and breaks the lower high, which I'll probably be buying.

westiron54 Updated 

We're all addicts to volatility. And cope has a ton of it to offer. But I'm neutral until I see a few bull clues. #1 I want to see a higher low form on the 4-8 hour chart #2 A recap of the major S/R at $2.15 #3 Complete market structure change at $2.7 Likely will DCA at each of these 'clue' recaps. Also wouldn't mind a looking at the fundamentals for another...

westiron54

I could see a potential drop to the .618 fib in the mega support area, but I think it's worth averaging in here. What other defi token: - has already endured a 93% correction, then pumped - has a cult-like following and community - has major investment capital behind it - is burning over 96% of it's supply (for a total supply of ~40m) - gives you free tokens...

westiron54 Updated 

On OBV: "Granville theorized that volume precedes price. OBV rises when volume on up days outpaces volume on down days. OBV falls when volume on down days is stronger. A rising OBV reflects positive volume pressure that can lead to higher prices. Conversely, falling OBV reflects negative volume pressure that can foreshadow lower prices. Granville noted in his...

westiron54

Kind of self explanatory. Recent divergences and how they've played out. If the recent hidden bear divergence confirms by NOT going above 12,086, I expect a retrace to .618 fib ($9500) and fill the CME gap at $9615ish too. Currently 200DMA is around this area too.

westiron54

I'm thinking we're going to visit the LVNs and mid-range of the channel, possibly touch the 200 MA before continuing up to test the 55 day high

westiron54

I'm sure you'll find plenty of H&S chart pasterns, but today's candle closed the pattern. Now it's time to see if it'll be validated. H&S target lines up with .382 and a HVN. Probably see EMA get sucked up close to that price. Bulls can hope 1415 will hold at that point, if $1400 doesn't hold I'm flipping bias in overall trend to bearish.

westiron54

short at 6680 if you love money

westiron54

If you long, you wong. But I guess you can long to 6680, although that would be pretty risky considering we *could* pop below support at 6100 and trigger an infinite amount of stops, causing us to spiral into another dimension of BTC price discovery. Or just wait until 4200 to buy BTC. That works too.

westiron54

$7440 going to be crucial. Trend resistance, order block, .628 fib re-trace, and high volume node. Will be taking full profit @ 7440 Massive deep pockets loading on BTC shorts, and hot fresh tether printed. Someone with more money than us is going to make a big move.

westiron54 Updated 

Can only hope the consolidation happening in the ascending triangle will bust through to test the .236 fib level again, before coming back to test the top of the triangle. If that happens, and top of triangle holds, we may have enough momentum to break through .236 fib. Try not to fill yourself with too much hopium, however. If volume doesn't support breakout,...

westiron54 Updated 

The bull run was fun. But one can only sprint for so long before having to take a break. Price retraced with absolute precision to the .236 Fib level ($9600), and bounced hard off it. .236 is not a strong retrace level unfortunately, signaling this bear trend is still strong. Basically, the retrace took us back to a High Value Node at $8850, and price is trying...

westiron54

There's a reason we shouldn't be desperate. Any of these pumps, to the desperate, looks like a shimmering light at the end of the tunnel, leading us back to $20k land. But it's just a freight train coming our way. (queue Metallica song). OBV shows divergence. Something stinks about these long green candles. BB tightening up, ready to dump us down to...

westiron54

YOU CANT KILL BITCOIN 3/18: $7500 on the weekly chart. i don't see us falling much lower although we might get wicked down there. Then a nice increase on the weekly up to $11.7k, even breaking the strong downtrend line develops from December. At this point, we'll see true capitulation-- as we see bitcoin "die" down to $4k, even wick down to $2600 area. "Be...

westiron54

A short term opportunity to go long on BTC. BTC had rejection at $9400. Based on volume profile, we can expect retrace to $10230, before again falling to $9735. Go long. Close position @ $10600 Stops at $9400. Careful--still medium term bearish.

westiron54 Updated 

Of course it isnt... Still long term bullish #HODLsquad. But bulls failed to break heavy resistance line yesterday at $11,700. So I'm looking at volume profiles to find critical support. The market profile #1 Point of Control (POC) at $11050 has broken on the 4 hour. Will confirm bearish if it closes below on the daily. On the 4 hour, RSI is not oversold, but...