BINANCE:ICPUSDT has been ranging for more than 5 months printing an almost perfect Wyckoff Reaccumulation schematic. Every phase was executed perfectly. The initial high volume price movement that has marks the preliminary supply zone as the price couldn't hold due to sell pressure. The buying climax phase where there is a lot of supply to scoop but not enough...
Apart from the obvious slanted Inverse Head and Shoulders pattern ( I prefer upward-slanted-neckline inverse H&S as printing higher highs indicate strength ), BINANCE:BCHUSDT looks ready to take off - under some conditions. I have a personal rule I go buy that goes like " Every Change of Character is an inducement to trap traders unless proven otherwise ". We...
Silver has printed very clear bullish Wolfe Waves on the weekly and monthly charts and it has reached the target of this wave pattern which also coincides with a hefty supply order block / resistance. Something to take into consideration.
AMEX:APT has formed a perfect Cup and Handle pattern, holding on to support, and should bounce up from here.
Please read entire description! Bearish Wolfe waves forming inside an ascending wedge on the daily timeframe charts of the dollar currency index. We have entered the monthly resistance band of the ascending parallel channel on the monthly charts and we have reached the top of a channel that we have been trading inside on the daily chart. We are approaching the...
My view on Ethereum for the upcoming days. Longing up to sweep the range top before shorting to the lows.
Bitcoin printing a bullish cypher harmonic pattern on HTF charts. Usual Cypher targets marked in green but I am more inclined into using harmonic patterns for trend reversals and determining my overall market bias / sentiment. Not expecting any impulsive moves but I believe we have reached the bottom (or that the bottom is very near) with $BTC and we will start...
Nothing much to see, the idea is on the chart :D Firm believer that Gold will crash in price and the decline in price already started.
Bullish Wolfe waves formed on LTF Bitcoin charts. 5th wave was a clean liquidity grab. I see two possible scenarios now; we either move up now and target the first green line, or we dip again and grab more liquidity (which is more probable and more favourable imo) to fuel for a bigger leg to the upside to target the second green line. What are your thoughts?
Bullish Wolfe Waves on lower time frames of Uniswap's charts. Worth punting a long imo. Entry might not be the best. Targets marked in green lines all the way up to HTF supply (smallest portion of the position should be left after first two targets are booked and secured). Stop loss below the sweep of the lows. Use adequate position sizing and risk management.
As we can see on HTF $BTC charts, price has been moving in an upwards channel creating higher highs and higher lows ( breaks of structure confirming the continuation of the uptrend), but we have sinked into a lower low which would definitely count as a change of character of the market reversing the trend downwards. Do or die scenario is basically bouncing...
BNB could dump out of what looks like a possible head and shoulders pattern.
Shorting bitcoin for a quick trade. Market execution ONLY in case of a decent bounce / reaction. Retracement off the golden pocket fib entering a fair value gap. Targets are value areas (a VWAP tap could also be a decent target). If it didn't bounce off the golden pocket, then I will be watching for a reaction from the supply zone (in red above imbalance). Use...
Very tricky to predict how Bitcoin would react to related news yet it has pumped after every hike in interest rate - forecasts point to three quarters of a point this meeting. You could look at the formed pattern as a Cup and Handle or Adam and Eve but I'm leaning towards the latter because it looks more like than it does with the former. -- I'm positioning...
Bullish Wolfe waves on the hourly timeframe of SCRT. Hoping for the 5th wave to bounce back up from HTF demand. Check the linked related idea.
I have had my eyes on Secret Network for quite some time now (for the strong fundamentals on almost everything built on top of Cosmos - $ATOM especially Secret) and $SCRT smashed through the triangle it was trading inside. I will be waiting for it to retest the broken trendline which I am certain it will bounce off of. I will sell some of my bag at $2 for around...
Title says it all. Price broke out at around $28,000. I would expect a breakout dump / downwards movement into the supply area in confluence with the bearish flag pattern targets between $17,000 and $18,000 (roughly the same percentage down as the breakout from above into the flag). Please check linked idea for a more in depth supply vs. demand bearish sentiment...
Bearish Wolfe Waves forming inside an ascending wedge. I would wait for price to break the upper Value Area of the volume profile of the current trading range to confirm short entry . RSI but looks ready for a little move to the downside. Golden pocket on the fib marked as well. Will trigger myself a high leverage short taking targets first at the golden...