This clear setup shows where price is projected to go based off of the manipulation leg. Price disrespects and pushes through the reversal zone. Price comes back and retests the zone and continues up to the projected -4 area.
Yearn Finance (YFI) has orchestrated a strategic move, executing a feigned breakout from a descending triangle—a bullish pattern that saw a swift sweep of the $14,000 level. In this analysis, we unravel the narrative behind YFI's tactical retreat, its implications, and the anticipated journey back into accumulation.
Chart Analysis: The Intricate Dance of...
After many days of sideways choppiness between 29 & 29.5K. The pattern was broke sending us into that FVG I have mentioned in previous posts with a target of 26.5K. However, having dropped down to 28.5k and back up to 30k in 11 hours some volatility has been reintroduced into the market in the short term.
I have mapped out a mini range that I am observing, the...
Nothing changed for BTC yet. After the deviation above the $31.4k level price came back again in the consolidation range.
Upside liquidity was taken, now expecting the price to go below the $29.5k level in order to gather the liquidity from opened LONG positions and then fly upwards with the $31,000 confident breakout.
$28k- FWB:29K is a good zone to go long...
BTC has traded into local range highs. On higher timeframes BTC is sitting around 12 and 21 weekly ma's. On lower timeframes it has already broken below these. Expecting price to deviate/reject on daily timeframe above local range high here and then revisit the range lows.
Looking for entry at an underside retest of 27460 and will look for first a T.p at 26600...
ETH formed a range between 1780 and 1616 on the 1H timeframe, deviated above reaching a high 1840 just to fall back in the range.
Now retesting the range high from the inside. If confirmed, target is range low.
got bearish right before fomc. thought we'd lose the TL only to have it pump in my face lol
feels like deviation as powell is once again a local top.
$1430 min target, although i think this could go much lower.
let's send this back home.
Hi everyone!
I did the high time frame analysis on BTC (same as ETH).
I think we have not seen the bottom yet.
Why?
It is widely accepted that previous ATH was the range high...but I'm not convinced.
Look at the chart:
1) I have highlighted in red the backtest that triggered the selloff
2) I have highlighted in green the backtest that triggered the...
Hi Everyone!
"simplicity is the ultimate sophistication"
Looks like a weekly deviaton at previous ATH...and a retest with a high volume up momentum so far.
-High volume at the lows - "you need volume to stop the falling" (Technical and Stock Market Analysis Profits - by Richard W. Schabacker)
-RSI downtrend broke, 2 rounded bottom retest
My target is...
S&P has been super clean, level to level, clear deviations, etc. Just copy-pasting the previous fractal 1:1 for fun, though I expect similar movements or another leg down in some shape. Hopefully start ranging from here into Q4'23 take-off again.
BINANCE:ETHUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ETH has deviated above $1919 and now there's a chance for bears to locate their Short with trigger scenarios :
- Pullback scenario: If $ETH went above $1919 for another deviation, Then...
I saw a lot of short setups today and their reason was that $BTC deviated from the range high.
Hmm, no it hasn't! and in fact, the market structure in the high time frame hasn't shifted yet.
BUT, it is true that this is the last place for Bitcoin to defend before entering the bear territory!
Let me break it down for you:
This is what we are dealing with above...
