Are we surprised by the price action? Sure. I remember the price of alts were I wished I could get another entry before it took off. Unfortunately the logic to buy here has changed. We are returning the mean it seems. It appears we have completed a bearish retest and we will likely see better prices. I will update as we make moves.
Eth has help pretty well considering the volatility in markets imo. I can see us bounce nicely. Bear pennant seems ruled out atm. Although it can become a bear flag, We will keep watching.
So we are dancing with the reclaim of 30K and hitting some rough overhead resistance. My primary count is to tag mid 20K region and find a considerable amount of buyers. We will continue to update as the market gives us more data.
We are in this range and been a good trade. these are 2 theories I have for the mid term. Good news is both resolve higher.
This is the order block that we entered a few days ago. 106.51-95.20. Bearish harmonic (green pattern) typically resolve to the A or C anchor points. A break above the top of order block 106.51 would be bullish. A loss of 95.20 will mean we get to by cheaper Solanga.
This is the order block that we entered a few days ago. 106.51-95.20. Bearish harmonic (green pattern) typically resolve to the A or C anchor points. A break above the top of order block 106.51 would be bullish. A loss of 95.20 will mean we get to by cheaper Solanga.
So far and so close. We continue to have a diagonal resistance. 3060 seems to be a place that we can likely visit before some turbulence. We were able to flip a resistance. Keep in mind that the order block we entered is prone to downside. IF the bulls pull us out of the block at 3060, this might be a 3 move (bull flag ). I would suspect some traps will be laid...
Bull div on 4 hr tf. Pattern repeat imo . We are wordt case scenario in a range
Bullish harmonic pattern. Tug of war continues. Im biased toward the upside because of Wendos Bags.
The chop continues. We have not broken any structure at this time to be short imo. We trade what the market gives us. What it has been giving us has not changed. Beware of the beras. I am still in my MTF (swing trade) positions.
I think we hold the bottom of this ascending move. ANy breakout of this triangle will be v bullish imo. We have been consolidating in this range for sometime.
Bullish Harmonic. Had me going there yesterday. Nice to see the reversal
So here we are again near some important supports. This is just the ebb and flow of the market. It goes up and goes down. Someone is on the other side of your trade. To that person...get fucced. Remember that April starts off rough and typically ends as the best month. "Sell in may and walk away" maybe....for now, im buying the dip. The green box has kind of a big...
Just because we pump doesn't discount that we are in a downtrend. This has been a chop trading scenario . Place your bets and stops accordingly.
Losing supports on this move. We hitting some short term support but likely will resolve lower.
Im seeing momentum here in Total 2. We are also approaching resistance in the near future. Enjoy the pumps but also take some profit
We have a good trend. will take some off table at 15 area. Will re-enter if we break that resistance.
Looks like we have a bullish harmonic. Currently at resistance but we have some good momentum.