BINANCE:BTCUSD / BYBIT:USDT.P + abusing the BaseLine Chart Damn high for a pull back, but also no rally. Unless its cosmetics just to let the Monthly Candle shine, its decision time.
2018 correction the same as 2022 correction 2019 pump same as 2023 pump will the dump model match too? credit to murfski and andy bitcoinsensus for this one
Considering the upcoming news release 2/14/23 i am projection one of these projections to manifest over the course of this week markdown bias = if highs (412x) are attacked during N.Y. sessions markup bias = if lows (4050) are attacked during N.Y. sessions
We have broken into a Naked Value Area, many opportunities awaits~! Let's see if the bulls can take control. Two key levels to watch before reaching the other side of the Value Area.
As you can see, the price is sitting in a large excess range, trying to push higher with the bullish momentum since the opening. Looks like it is feeling lots of selling pressure. But if we can break up and into the higher naked value area, there is great opportunity for a bull run to the value area high. Otherwise, we might go back to the value area from...
We can see eu is in uptrend. We can look to buy off demand zones. On Weekly profile we can see value area that is adding confluence to the bottom demand area.
Looks like we just broke into a naked value area from last week. There is a single print area just on top of this area that has been acting as support/resistance level. If we can break that after breaking the upside of our current value area, we could be heading up. Otherwise, we are going back down.
I was looking for a filling in poor VaH above 20520, but the market rejected in a H1 supply confluent with M15 supply. Stay flat now and look for another chance in future.
If we break into the current range with a candle close we are then heading down in that range to where i've put my laddered trades in.
BINANCE:BALUSDT My trade update - I took a short and then a long on Balancer yesterday. I update you on how I'll be trading it today. Not Financial advice. DYOR. Papertrade before using real money. Safe trading! Shawn
Synthetix has been ranging between the current support of $2.95 and $3.60 I'm seeing a few points of confluence at support and see on the TPO and 30minute imbalance chart that there is a possibility of short traders being trapped at the low if price moves up sharply Confluence: 1. Fibonacci golden pocket area 2. Value area low of the fixed range 3. Possible...
Waves Had a run of about 75% to the upside yesterday to $7.27 This morning it dumped down to $6.10 Currently we are seeing a bounce off this area which is a daily support. If you aren't already in a trade, it might not be the best place to enter a long, but if you are already in the trade, it could be a reason for you to stay long. One of the reasons I entered...
In yesterday's video I spoke about why I thought Bitcoin could drop back down to $29000. 1. Volume was decreasing with price going up 2. Big longs were opening up at resistance In today's video I look at where BTC could go to in the next few days and see on the TPO and imbalance charts why price fell like it did. I am looking for a small retracement back to the...
BYBIT:BTCUSD Can we see Bitcoin reach $35000 in June? Or are we going to break down at the current levels? There are arguments for both sides: Delta is looking positive and we have reclaimed a previous Lower high. If we reclaim the Lower high at $32300, we could see this as a sign of strength. Volume is decreasing while price is increasing. This could signal a...
BYBIT:SOLUSDT Solana has been trading in a parallel channel since the 18th of May 22 and I continue my idea from yesterday that trading between the value area low, POC and daily level presents long and short opportunities if you are a scalper. In today's video I present a plan to long when price shows strength at the Value area low for the current range Not...
BYBIT:CHZUSDT Has retraced to a Fib Golden pocket area after making a local high. Awesome Oscillator and RSI look to be printing Bullish divergence on the 30m. Wait for confirmation. Look for longs in this area WHEN YOU SEE A SIGN OF STRENGTH - (i.e. swing failure pattern or morning star candle pattern) Possible Double bottom at Orange circle area. If no sign...
BYBIT:CHZUSDT Order flow showing big longs that have opened at the top of the 30m candles. Swing failure pattern rejection has happened off the Value area high and Daily resistance, also a Fib golden pocket level. PSAR has already printed a short signal on the 15m and RSI in overbought territory. If 30m and 1hr prints sell on PSAR, this could potentially be a...
This is how the market should move related to tpo value areaas learned in smb capital course because when price imbalances it goes to next zone where it can retest the edges and react from pocs