Alfeomego

Alfeomego

LONG Confluence: - H4 fib long - Big S/R level - Bullish trend - General strength vs most coins in this bearish environment - Miner relay coming soon This looks like a fantastic medium-term setup. I'm also very bullish in the long-term. Think we see 15/20 dollars during the next bull run.

Alfeomego

Buying these levels. Here's why: 1. D1 fib levels (.618, .70, .79) 2. Clear liquidity area (wicks) 3. BTC has big support if it tanks 3% from current price (ETH 3% from current price is my buys marked in green) 4. Price in clear uptrend (trend is your friend) 5. Price has left the chop and is now trying to push higher on all tfs

Alfeomego

What's up gang With great sadness I report to you today with bullish news. I'm typically a trigger happy bear (in bear markets of course) but this ETH merger news is a perfect storm for a much needed relief rally. After all, MMs know they need to catch retail off-guard. Sentiment seems mixed at the moment. I believe it's highly probable ETH leads the market into...

Alfeomego

So far, I've taken no position but like the 2.45 area for a potential S/R flip. If I get something clean like what is depicted, I will take the trade with half size. I'll add the rest of my position (see 1 & 2) if price is to my liking, and we retest key LTF levels. This is only a scenario. --- NFA

Alfeomego

Currently watching price, as of now have no reason to jump into a short. My high time frame levels (gray boxes) aren't being punctured. I'll be shorting the first gray area with half size and watch how price action develops into Mondays NY open. I expect us to slowly grind into that level and continue dumping throughout the week. --- Devil's Advocate: BTC is...

Alfeomego

Will trigger shorts with 1.5x normal size if I see weakness as depicted. Remember, crypto is in a PVP (Player vs. Player) trading environment. World news is moving price more than normal so keep stops tight, stay disciplined, and only execute ideas you have preset plans for. Happy trading!

Alfeomego

Bullish H4 fibs (yellow box) not turned into support. EMAs respected. 14 above the 200 with another key fib bounce (.70) on the H4 right above it. IMO this is a very rare set up for the next macro leg. Last time we had an opportunity like this was October 4rd right before a 50% move up to 4.9K. Other than tradfi markets being unstable, this is too good...

Alfeomego

tap purp and run it downwards? Just playing with fractals. I'm tryna see summm

Alfeomego Updated 

I want to start by saying I'm not a macro bear in any way. But what I've learned from the last 4 years is reading the market without bias guarantees success more often than not. This is my bear scenario/final bottom before moving up into the summer. Green and Red boxes are 1H .618 / .79 fibs drawn according to my strat. IF we consolidate, this is what I see...

Alfeomego

I know bearish analysis is shitty. But we need to have a cool off phase before the next, and possible final leg in the altcoin rally. I think it's very possible to have another bigger leg after that going into the summer. These next 6 months is going to be crazy for the crypto space. There's a lot of us that waited the entire bear market hodling -80-90% coins...

Alfeomego

Alt season has begun ladies and gentlemen. BTC ranging = massive alt moves. This pair has completed its massive 4hr cup and is primed for a move back up. The only thing that would invalidate this position is BTC nuking... sending all alts with it. Target 1: .06 Target 2: ATH FULL FUCKING SEND.

Alfeomego

A beautiful short opportunity is forming before us on the GBP/USD. Confluence: 1. The 4H .705 Fib level is confluent with the 1.32500 institutional level. 2. Grey area around .705 Fib has already been tested multiple times on LTF. Most LTF moves breaching this level are being rejected fast (aka lots of liquidity). 3. The doji printed at the peak of the trend...

Alfeomego

The chart work speaks for itself. Retesting into the orange box is an optimal buying opportunity for a move higher. Why? 1) the thick black line at the bottom of the orange box is confluent with 1D 200 EMA. 2) that thick black line is also confluent with 4H support, which is ALSO confluent with the 4H .62/.70 4H fib level. I will be buying more XRP at the...

Alfeomego

Reasons to be bearish: - breaching grey area above 50 and below 200 - .79 retracement pull back - wick fill Short: 110.69 - maximum Alpha male entry.

Alfeomego

What up guys, sorry for being MIA lately i've been busy with school work. While looking at the BTCUSD chart I noticed that each lower high correlates with the 0.61 fib. After reaching this level price goes down to 6k support before repeating the process over again.. 0.61 fib level is indicated in teal. If this continues, the next lower high should be at or...

Alfeomego

The teal zone will determine the direction. This will be proven given previous price action. We won't see a trend reversal until we stop making Lower high's and make a higher low. Either should be played out one way or another (unless consolidation). Watch BTC as well, as that pair usually predicts where all altcoins are going. Nifty tip: Buy altcoins. Many...

Alfeomego

Looks like the first phase of a wyckoff cycle is in play. I'm waiting for E1 to be met before going further with the trade. If we see a bounce from that level and a break of the test (green resistance) we should see a volitile rise in price. My bias sways bullish in this move past resistance because it will also be breaking the downward channel similtanously....

Alfeomego Updated 

ZRX making a perfect H&S pattern. This pair is looking like a sell. 1. Below red cloud 2. Blue above Green (ichimoku lines) 3. price below blue and green lines 4. A horizontal support below the 3 peaks usually means a downward trend 5. (biased) pair still needs more of a pullback 6. BTC is currently falling 7. 200 ema about to line up perfectly with H&S support...