DeNomics

DeNomics

One of my favorite ETF's to trade on the ASX is the ACDC battery tech beast. Its had a steady rise since the covid drop with over a 120% return so far, but we moved into a consolidation range with an upwards pressure since the start of the year. We have had a few touches on either extremes of this range and im expecting it to break sooner rather than...

DeNomics

Could see a push on BNB today after this squeeze being forced over the last few weeks. Got a good pick up around 460 on the EQ at the end of the month but looking to hold this through the decision here. Break above could see a rally to high 500's Break down or rejection at this level could see us range back to 460, but with Bitcoins latest push I dare say we will...

DeNomics

only an hour to go on the daily close and we have crossed back above the current resistance and 618 retracement from ATH. A solid close above here could confirm the bulls are back to keep us about the 50k level and find new support to now trade the 50-60k range over the next month or so. Expecting Bitcoin dom to climb a little but only short term as the bullish...

DeNomics

Nie change in market structure with that V bottom recovery on RLT and a sweet break and gap up off the next line. Already in a position but looking to start pyramiding orders on this pull back and trade the trend up. first target around 2.26 but chasing the 2.80 highs by end of the year isnt out of the question which is over 100% from the v bottom.

DeNomics

Was an interesting night with Bitcoin forming a Higher High in this tightening range but we where still met with resistance from the previous high of the trend over the last month. The rejection or double top wasnt ideal to see this continue further as its not confirming a potential distribution through this tightening range. How ever a tightening consolidation...

DeNomics

AXS has been pushing into a squeeze with this pennant forming over the last few weeks, and there is normally only 2 outcomes from this pattern. If the hype is still around this coin then I would expect a push upwards and because of ATH levels I would be using a trend based fib to find some hidden levels, which also lines up pretty well from the measured move of...

DeNomics

Dots had a solid run over the last month, i only traded this on spot and was happy to ride the waves, how ever im feeling a possible retracement coming at the moment. We have hit a level of resistance and after the run we have had and the 3 impulsive moves, I would be expecting a descent market correction over the next few weeks. Bull case is a sharp and short...

DeNomics

Taking a short entry on Silver today looking for a break down of this bearish continuation pattern and looking for a double bottom on this high volatility level. This zone has been bought up a few times in the past and is considered a high volatile area but these levels can break eventually if hammered enough and the HTF EMA's on silver arnt looking the best...

DeNomics

BNB much like Ethereum had a huge pennant play out on the higher time frames against bitcoin which broke out over the last few weeks with descent conviction despite relatively low volume. Market is having a little cool off but respecting a equilibrium level at the moment how not ruling out a sharper pull back to around the 382 fib line. If the trend stays in...

DeNomics

A fair few crypto currencies are currently stuck in a range against BTC at the moment but showing bullish signs. Still a bit to clear yet but the momentum is pushing these coins to the upside towards the resistance of the range. Chasing the trades from here could be lo probability but the confirmation of a break out of this range could see us move higher with an...

DeNomics

Looking for a short term trade on BTC to see if its going to respect this current trend. Invalidated if it breaks and Ill continue to ride the short lower but using subaccounts on FTX im abale to take advantage of a short term long opportunity for now Looking to use limit orders to pick up a position a little lower on trend and then ride up and manage through...

DeNomics

Looking for a short term trade here but considering a squeeze play soon as well. The recent retracement on BTC has seen a few alt coins drop back to trend at good buy points to continue the trend. Taking a position on Matic now as it offers a descent risk to reward even to previous resistance, and trending a break in trend as invalidation to get out of the...

DeNomics

One of my favorite patterns to trade is over a down trend when we start to form new structure and come up to a level of resistance. This type of move often gets squeezed into a wedge when the bulls continue to push price higher whilst the resistance sits still. After being hit numerous times the resistance level can some times break and we are met with impulsive...

DeNomics

Been following this for a little bit and took a couple of positions after the big retracement, not the best entries but still in profit, but more excited about the current formation towards the major resistance level. If we have another push towards that resistance at .40 we could see a break and start to really accelerate the trend and build new structure...

DeNomics

This little Gem has been great to me all year since moving over to the FTX trading platform for many reasons. I loaded up on FTT tokens for the benefits in fees but also a little bit on top because....well its an exchange token and often these things run hard. We have seen a pretty clear Inverse H&S on the daily from the previous ATH for a nice V bottom recovery...

DeNomics

Watching the Nasdaq 100 closely his morning after last weeks close super bullish on the big techies right now on this grind line and seeing a potential break this week. Short term play for me is on the NAS100 but also trading the NDQ on spot for now as more of a long term position trade. Markets may be over valued but i dont see them stopping any time soon with...

DeNomics

We have had a solid rally in BTC over the past month when it comes to price action but the main thing im weary of is the lack of volume. This can be a classic retracement from the original drop back in May as we have had some seller exhaustion as the bulls took back over the game temporarily. The price action could simply be a case of low liquidity, generally if...

DeNomics Updated 

Love trading this coin as it often has solid trends and good price action that often offers high Risk to Reward for my trading style. A lot of the ALTS have been breaking out of consolidating ranges with Bitcoin over the last few weeks and Sol more recently had a break out from this bearish structure to now form solid Higher Highs on the daily. Im trading this...