Friday Night BTC Report. Consolidation or small dip before upFriday Night BTC Report. Well, I hope you got in earlier or even last night. BTC had a good move up today. Looks like price has exited the 50% zone and is going to continue up. May drop a little overnight or might just consolidate. Should see 60k tomorrow sometime. There is structure there that will probably pause price. DXY is at it's highest since July of 2020. Should see that drop soon. The BTC Dominance is coming off the low so we will see how it goes for that. ALT coins still having great success though.
Stochastic Oscillator
Thursday Night BTC Report. Dropping more but not muchThursday Night BTC Report. Price is hovering around the bottom of the 50-61.8% zone. 55,300 should work as a support level overnight. There is a very strong structural component at this level. A Rally-Base-Drop-Base-Rally is from 55,300 down to 53,500. Get ready for entries coming up. LASS is oversold on the daily and h4 and the stoch is nearly oversold. Price shouldn't drop too much further.
DSLAUSDT Daily S/R| .618 Fibonacci| Price Action| Trend Evening Traders,
Today’s analysis – DSLA/USDT, trading near a technical confluence level where a bounce is probable,
Points to consider,
- Price Action Corrective
- Daily S/R Support
- .618 Fibonacci Confluence
- Low Volume
- RSI Oversold
DSLAUSDT’s immediate price action is corrective, holding current support area a that has confluence with the .618 Fibonacci and the Daily S/R allows for a bullish bias.
The immediate objective is the local order block, exceeding this level will increase the probability of a trend continuation.
The current RSI is approaching oversold conditions, an oversold bounce play is highly probable for a reversal.
Overall, in my opinion, DSLA/USDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
It does not matter how slowly you go as long as you do not stop.”Confucius
Wednesday Night BTC Report. Small move down overnightWednesday Night BTC Report. Look for price to either go sideways or fall slightly overnight. Look to the 50EMA as a support level. DXY is retracing slightly so hopefully that pushes BTC up. BTC Dominance gapped above the 50 then came back down. Daily LASS is pretty much oversold on Purple, Yellow and Red. Orange is still on the way down.
BTCUSDT Daily S/R| VWAP S/R| VAL| Price ActionEvening traders,
Today’s analysis – BTCUSDT –trading between two technical levels where a break in either direction is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- POC Resistance
- VWAP Support
BTCUSDT’s immediate price action is impulsive, trading down towards a key level that has technical confluence with the Daily S/R and the POC, allowing for a bullish bias.
The POC is current resistance, breaking this level will show a sign of strength, below is considered weak.
The RSI is trading in oversold conditions, a reversion to its mean is highly probable once key levels are broken.
Overall, in my opinion, BTCUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember!
“Dangers of watching every tick are twofold: overtrading and increased chances of prematurely liquidating good positions” – Jack Schwager
CHZUSDT Weekly S/R| Rising Channel| Price Action| Trend Today’s analysis – CHZUSDT – trading at a key resistance where a pull back to support is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Low Volume
- .618 Fibonacci
CHZUSDT’s immediate price action is impulsive, a correction to the Daily S/R which is in confluence with the .618 Fibonacci allows for a bullish bias.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
The Daily level is critical to hold, this will maintain the bullish trend for the immediate short term.
Overall, in my opinion, CHZUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“You will never find fulfillment trading the markets if you don’t learn to appreciate and be satisfied with what you already have.” ― Yvan Byeajee
FLOKI Price Action Range| Declining Volume| Trend| Accumulation Evening Traders,
Today’s analysis – FLOKI – trading in a price action range before another potential expansion,
Points to consider,
- Price Action impulsive
- Rotational Period
- Accumulation
- Declining Volume
FLOKI’s immediate price action is rotational, hinting towards a possible accumulation phase allowing for a bullish bias.
The current volume profile is declining; an influx is highly imminent when an expansion occurs.
This period can remain rotational for an extended time, thus the define price action range is the boundary.
Overall, in my opinion, FLOKI is a valid long with defined risk, price action is to be used upom discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
Sunday BTC Report. Should move up slowly.Sunday Night BTC Report. Seems like we are done with the 50% buyer's zone and heading toward the seller's 78.6% zone. We are currently in the seller's 50% zone and have hit the top and then come back down inside but that candle that made that move is only 2 hours old. We should break out and probably nit the next resistance level overnight or sometime in the morning. LASS is all up with momentum and the Stochs are more or less supporting a move up. Let's Goooooo BTC!
GALABTC Descending Channel| Bullish OB| .618 FIB| Trend Evening Traders,
Today’s analysis – GALABTC- trading is a clear descending channel structure where a break would be considered bullish,
Points to consider,
- Price Action Corrective
- Descending Channel Resistance
- Bullish OB Support
- Daily S/R Objective
- Single Print Fill
GALABTC’s immediate price action is corrective in a descending structure, s change in the trend directional will allow for a long entry.
The bullish OB Support in in confluence with the .618 FIB and the Single Print fill, and area where a bounce is probable.
The current objective is the Daily S/R, exceeding the level increases the probability of a trend continuation.
Overall, in my opinion, GALABTC is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Hope is bogus emotion that only costs you money.” – Jim Cramer
Saturday Night BTC Report. Slow Rise over few daysSaturday Night BTC Report. Hope you got that entry! BTC is heading out of the 50% zone toward the seller's 50% zone. If it can make it through there, there are two more pauses along the way until it can break free with new all time highs again. The DXY is likely to continue up when it opens in a few days. And BTC Dominance is struggling. That has been sideways for a while. Likely due to the Alt Coins having a good time.
LTCUSDT Pitchfork| Daily Levels| Price Action| Bull Trend Evening Traders,
Today’s analysis – LTCUSDT = rejection from a key technical area and is retracing back towards support, holding this level is critical,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
( .618 Fibonacci Confluence)
- Volume Influx
LTCUSDT’s immediate price action is trading towards a key weekly support that has technical confluence with the .618 Fibonacci, Pitchfork Median and a Order Block, allowing for a bullish bias.
The immediate objective is the swing high and then the overall Weekly Resistances.
The volume profile has an influx, follow through is needed for sustained momentum to the upside.
Overall, in my opinion, LTCUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work,
And remember,
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse Livermore
BLOKUSDT Daily S/R| Price Action| Trend| Range Evening Traders,
Today’s analysis – BLOKUSDT – trading above a key Daily S/R level where a bullish retest of support is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
(.618 Fibonacci Confluenc)
- Volume Influx
BLOKUSDT’s immediate price action is trading above Daily S/R Support, holding this level on a retest allows for a bullish bias.
The level has technical confluence with the .618 Fibonacci, allowing for a bullish bias.
The current volume profile has an influx, follow through is necessary for continuation.
Overall, in my opinion, BLOKUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.” – Jesse Livermore
Friday Night BTC Report. Consolidation trending lower overnightBTC Friday Report. Consolidation trending down overnight and maybe the weekend. DXY is up and now closed. BTC Dominance has been flat since yesterday and doesn't look like it's going to change overnight. Look for an entry in the 78.6% zone from a wick or maybe price will slowly make it down there over the weekend. More analysis on the chart.
Thursday Night BTC Report. Slight up move followed by consolidatThursday Night BTC Report. So BTC has come back into the 50% zone again but doesn't like it. So price is moving out of that zone. Almost hit the same low as yesterday before getting out of there. That M30 entry I put out there yesterday was very close to the bottom. The DXY has been on a rocket this week so that will be suppressing BTC Price but the weekend is coming. BTC Dominance is dropping slightly and below all but one EMA so looks like all the ALT news is affecting BTC too. Glad we have other projects to invest in for short term gains!!
Really need a slightly longer title. Slight move up followed by consolidation over the weekend.
KDAUSDT| Key Levels| Price Action Range| Trend| Volume Evening Traders,
Today’s analysis – KDAUSDT- trading in an established uptrend with strong momentum,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Price Action Ranges
- Volume Influxes
KDAUSDT’s immediate price action is trading with a bullish structure with string expansions, allowing for a bullish bias.
The Daily S/R support levels tend to have ranges, allowing for consolidations before stron bullish expansions.
The current volume profile has an influx, climatic node will be indicative of a temporary top, this is yet to be seen.
Overall, in my opinion, KDAUSDT is a valid long after some consolidation, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can’t take a small loss, sooner or later you will take the mother of all losses.” – Ed Seykota
Wednesday BTC Report. Down a little bit moreWednesday BTC Report. Well, we have BTC dipping into the 50% zone and will probably come down more until price returns to the uptrend. The DXY went nuts today and created strong upward momentum pushing BTC down. BTC Dominance has been flat over the last three days and is coming down more. Pivots and LASS and the Stochastics support price continuing into the 50% zone. When you look at the lower timeframes (M30, H1) price isn't really closing in the 50% zone yet. I would look for an entry around 63,900 where there's a wick on the M30. You can see that price moved up through this entire zone in 30 minutes so there are some orders still waiting here.
Tuesday Night BTC Report. Sideways or down for a day or 2Tuesday Night BTC Report. So we have our first retracement and it is going well. We will likely see a retracement to the 38.2% area. If you look at the H1 chart, you will see a beautiful Drop Base Rally where price will probably go get some buy orders from. There is nothing in the entire 50% zone on the H1. But on the M30 there is a sweet RBR right at the 50% line. May come all the way there but I am guessing this will be a smaller retracement. The DXY is coming up slightly and BTC Dominance is falling slightly so sideways is a likely move overnight.
LTCUSDT Pitchfork| Weekly S/R| Price Action| Trend| Trade Evening Traders,
Today’s analysis – LTCUSDT – trading is a respected pitvhfork where a pull back into daily or weekly support is likely, allowing for a bullish bias,
Points to consider,
- Price Action Impulsive
- Weekly S/R Support
- Pitchfork Internal Resistance
- Low Volume
- Trend
LTCUSDT’s immediate price action is impulsive; a pull back into support area will greatly increase the probability of a trend continuation.
The current volume is below average, an influx is highly imminent when testing a key trade location.
Breaking the upside weekly S/R will increase the probability of a trend continuation.
Overall, in my opinion, LTCUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
SOLUSD Pullback Correction?| Price Action| Trend| Trade Evening Traders,
Today’s analysis – SOLUSD – trading in a rising channel where a breakout will be imminent,
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- .618 Fibonacci Objective
- Low Volume
SOLUSD’s immediate price action is impulsive and is trading in a rising channel that is deemed to break, breaking downside to support levels allows for a bullish bias.
The current Daily S/R is resistance, breaking the level will invalidate to idea, leading onto a more bullish scenario.
The current volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, SOLUSD is a valid long at support levels with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“In order to succeed, you first have to be willing to experience failure.”
― Yvan Byeajee,
BTCUSDT Local Parabola| Price Action| Trend| Trade Evening Traders,
Today’s analysis – BTCUSDT – trading in a local parabola that is bound to break bearish,
Points to consider,
- Price Action Impulsive
- Local Range Support
- Local Parabola intact
- Volume Influxes
BTCUSDT’s immediate price action is trading in a rising parabolic fashion that will allow for a bullish bias once broken.
The local range high is support, breaking back within increases the probability of the range low being tested.
The volume influxes is indicative of squeeze, bear volume influxes will be imminent once the parabola is broken.
Overall, in my opinion, BTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
Monday BTC Report. Finally new all time highMonday Night BTC Report. Well, BTC finally stood up. New All Time High! But that means no more fib. So, the original TP1 from weeks ago is now seriously in play. The DXY is dropping, BTC Dominance is rocking up. We will have to wait for a good retracement before we can do more analysis. For now, enjoy the bullish momentum.
Sunday Night BTC Report. Finally got the move up.Sunday Night BTC Report. So all it takes is a little price action and the money starts rolling in. BTC Dominance is higher than it was in the last 4 days all in the space of a couple of hours. DXY moving up so part of the stall in the rise in price. But look at that Miraculous 78.6% level. Amazing how BTC just stopped right at that line and doesn't seem to be able to push through it yet. Hmmmm I guess Fibs do work!!
DOTUSDT Price Action| Rising Channel| Trend| Volume Evening Traders,
Today’s analysis – DOTUSDT – trading in a clear uptrend with consecutive higher lows,
Points to consider,
- Price Action Impulsive
- Consecutive Higher Lows
- Price Action Range
- Declining Volume
DOTUSDT’s immediate price action is trading in a higher low structure potentially putting in a higher low, allowing for a bullish bias.
The price action is also trading in a potential range, where an accumulation period will lead to a potential bullish breakout.
The volume profile is below average, an influx is highly imminent when testing a key trade location.
Overall, in my opinion, DOTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The mind is a fascinating instrument that can make or break you.” ― yvan Byeajee