What have they done to you? From a higher timeframe prespective, ADA is in a massive downtrend and sadly, I don't think it is near ending. However, locally, I do think we will see lower prices. After we do so, there is a very nice confluence zone, from which I expect a reaction to happen. Minimum bounce of 10%. Who wouldn't take that? BTC pair looks decent...
LTC is looking pretty simmilar to BTC. Support comes in at about 102 - 98$, so I will attempt a long from there. The support is not as well - defined as it is on BTC, so will have to be more careful with this one.
This is my favorite BTC count as of right now. If this play out, we have quite a few months of pain ahead of us. Very painful, very long and decieving. Expect it if it comes.
After further analysing the BTC pair of this altcoin, I found out that it loves to tag the golden pocket before turning lower. Putting this knowledge to practice - we can trade LTC while looking at the LTC/BTC pair, as well as BTC, to time our entries perfectly.
DETO is the native token of the Delta Exchange. Fundamentally, very promising. I also see a very nice technical setup in play right now. It has already been kinda half-invalidated by breaking out of the channel on the log scale, but it is still in it in the arithmetic one + sitting on a fat confluence zone. So invalidation is very clear. Two main scenarios I see...
I think we will drop straight tu 39-38k, where there is a huge ton of support. Then we will go to the CC at about 44-45k to mark our wave 2 and then we will drop straight into the crypto abyss. Haven't been too successful lately, let's see if we change it this time :)
This setup looks pretty good. There is a ton of confluence in the 162,4 - 163,8 area and I do think we will bounce from some of the levels there.
I will take this one. Looks promising. Take care!
But surely one of them is that BTC will bounce from one of these levels and go to 23k then. Which one will it be though? Place your bets guys ;) Anything between 51-58k is a possibility Take care!
After examining the bitcorn chart for quite a while today... I came up with two great setups... If you follow me, then you already know which one is more likely to happen imo ;) Anyway guys, just be careful and dont forget to set some stops
But sadly, everything eventually comes to an end. Incuding this trade :) --The previous post got taken down, so this is a re-upload :)-- This was indeed the best trade I have ever taken. Thank you guys for following along with me <3. We are brutally oversold on the 4h timeframe. Bears think they have won. Not quite yet though. I expect BTC to find a local...
I am getting some early distribution vibes here. As you can see, we spent quite a but of time hovering around the 44-45k level and then we flushed down, creating a huge volume block on the volume profile, which will make it very hard for us to break through Every move down has been accompanied by volume increase This situation reminds me of the foreplay before...
This count ain't nothing new, yet so far the trade was not active. Some key levels have been hit, including the golden pocket. High probability we range and then puke very soon. If not, then we have a clear invalidation above 1,618 sitting at 46100$. The R on this trade is exceptional, with the target being 26000.
See you on the other side brothers ;) BITSTAMP:LTCUSD
BINANCE:BTCUSDT So I think we can all agree that BTC is most certainly (80-85% IMO) in wave 4 of this cycle, subwave C. I don't want to go into detail regarding the bottom being in or not. I also don't want to count the waves of lesser degree which led us to this point - it's messy and I don't have a clear answer to that. In my humble opinion, all you need to...