Evening Traders, Today’s analysis – KDAUSDT- trading in an established uptrend with strong momentum, Points to consider, - Price Action Impulsive - Daily S/R Support - Price Action Ranges - Volume Influxes KDAUSDT’s immediate price action is trading with a bullish structure with string expansions, allowing for a bullish bias. The Daily S/R support...
Wednesday BTC Report. Well, we have BTC dipping into the 50% zone and will probably come down more until price returns to the uptrend. The DXY went nuts today and created strong upward momentum pushing BTC down. BTC Dominance has been flat over the last three days and is coming down more. Pivots and LASS and the Stochastics support price continuing into the 50%...
Tuesday Night BTC Report. So we have our first retracement and it is going well. We will likely see a retracement to the 38.2% area. If you look at the H1 chart, you will see a beautiful Drop Base Rally where price will probably go get some buy orders from. There is nothing in the entire 50% zone on the H1. But on the M30 there is a sweet RBR right at the 50%...
Evening Traders, Today’s analysis – LTCUSDT – trading is a respected pitvhfork where a pull back into daily or weekly support is likely, allowing for a bullish bias, Points to consider, - Price Action Impulsive - Weekly S/R Support - Pitchfork Internal Resistance - Low Volume - Trend LTCUSDT’s immediate price action is impulsive; a pull back into...
Evening Traders, Today’s analysis – SOLUSD – trading in a rising channel where a breakout will be imminent, Points to consider, - Price Action Impulsive - Daily S/R Resistance - .618 Fibonacci Objective - Low Volume SOLUSD’s immediate price action is impulsive and is trading in a rising channel that is deemed to break, breaking downside to support levels...
Evening Traders, Today’s analysis – BTCUSDT – trading in a local parabola that is bound to break bearish, Points to consider, - Price Action Impulsive - Local Range Support - Local Parabola intact - Volume Influxes BTCUSDT’s immediate price action is trading in a rising parabolic fashion that will allow for a bullish bias once broken. The local range...
Monday Night BTC Report. Well, BTC finally stood up. New All Time High! But that means no more fib. So, the original TP1 from weeks ago is now seriously in play. The DXY is dropping, BTC Dominance is rocking up. We will have to wait for a good retracement before we can do more analysis. For now, enjoy the bullish momentum.
Sunday Night BTC Report. So all it takes is a little price action and the money starts rolling in. BTC Dominance is higher than it was in the last 4 days all in the space of a couple of hours. DXY moving up so part of the stall in the rise in price. But look at that Miraculous 78.6% level. Amazing how BTC just stopped right at that line and doesn't seem to be able...
Evening Traders, Today’s analysis – DOTUSDT – trading in a clear uptrend with consecutive higher lows, Points to consider, - Price Action Impulsive - Consecutive Higher Lows - Price Action Range - Declining Volume DOTUSDT’s immediate price action is trading in a higher low structure potentially putting in a higher low, allowing for a bullish bias. The...
Saturday Night BTC Report. Price moving up and looks good. Stochs and H4 LASS all agree with moving up to the seller's zone about $1,000 up from current price. Daily LASS on the way down but I would think that would have an effect once price makes it to the seller's zone. DXY closed so nothing there. The BTC Dominance is moving up finally so maybe the ALTs are...
Friday Night BTC Report. Maybe a slight increase in price overnight. Probably more consolidation over the weekend. DXY is closed so will have no effect. BTC Dominance is still dropping as the ALT coins take center stage thanks to Facebook news and NFTs growing in popularity and general knowledge. Just realized I didn't do a Thursday night report. Well, lately they...
Wednesday Night BTC Report. Ok, this is really Thursday morning already but you get the idea. Added some cool color shading to the charts to make it prettier. Bitcoin doing it's best to make life prettier. The Stochs say down but everything else says up. I'm thinking we may have a small retracement and then push higher into the 50% zone into the morning. DXY...
Evening Traders, SOLUSD’s immediate price action is trading above its range, maintaining these regions will likely continue the trend, Points to consider, - Price Action Impulsive - Price Discovery - Blue Sky Breakout - Declining Volume SOLUSD’s immediate price action is leaving a consolidation phase where bullish continuation is probable. The price...
Tuesday Night BTC Report. Small retracement with a move up after. BTC is struggling to get above the 50% zone but it looks like it will either be tonight or maybe tomorrow sometime when we get that nice bullish engulfing candle out of the zone. Probably stop a little bit at the 78.6% zone before creating new all time highs. DXY only slightly moving down as is BTC...
Monday Night BTC Report. Looks like BTC finally figured out what it wants to do. All the indicators are aligned. The Daily and H4 Stochs are pointing up, Daily and especially H4 LASS is too. DXY is moving down slightly and BTC Dominance is moving up slightly. I guess BTC was just waiting for November to begin.
Evening traders, Today’s analysis – ETHUSDT – trading in a range where a rotation to either side is probable, Points to consider, - Price Action Impulsive - Range Mid Support - VWAP S/R Support - Low Volume ETHUSDT’s immediate price action is impulsive and is treading in a broadening wedge where a breakout is probable, allowing for a bullish bias. The...
Monday Morning BTC Report. Still in consolidation but did not go down last night. Price is at the same exact level it was two weeks ago. DXY falling slightly and BTC Dominance falling slightly. Hence the Doji on the Daily. Looks like I have to get my shoe ready lol. Glad some of you got that..
Sunday Night BTC Report. So BTC is struggling. DXY is open and moving up slowly, BTC Dominance is dropping and is really just a doji right now. Below the EMAs. The Stoch on the DXY is pointing up on the Daily and H4. The ALTs have calmed down for the most part so we should see a good week for BTC. If you look at the Weekly, price has been consolidating for the...