After the first weekend on the month, oil pumped so hard that it left a massive gap on the chart. This pump took it right to the 80 dollar area, the area that's been holding oil down since November last year.
The fact that oil failed to overcome this level already 5 times before makes this strong resistance. This also indicates that if oil actually does manage to overcome this area in the future, it would be a pretty bullish sign.
Now just last week I talked about how I want to short oil. However, in light of this strength, I'm now also open to long oil instead as this strength simply can't be ignored.
This is why I'm strongly considering laddering long orders around this area if oil manages to overcome it. In other words, I'm trying to long a potential future S/R flip at the 80 dollar area.
https://www.tradingview.com/x/8fqFbz51/
@CryptoRROFFICAIL
#TOTAL MARKET CAP ANALYSIS
The total market cap is consolidating in a bullish pennant and is also near the breakout of the big inverse head and shoulder pattern. The cup and handle breakout is already done and it has also formed an Adam & Eve pattern.
All are technically strong bullish patterns that the total market cap has formed. A solid breakout of $1.18T would be the enormous breakout confirmation and indicate a tremendous bullish trend.
@CryptoRROFFICAIL
https://www.tradingview.com/x/2JiJqYT1/
#DOGEUSDT 1W
ANALYSIS
Elon Musk's personal project still looks good in Weekly Time Frame. If it's following the same pattern, it still needs around one year of consolidation but after that Booom. I guess We can easily go for the targets. So, anyways, still seems like a good coin to have in your portfolio in the next bullrun.
@CryptoRROFFICAIL
BTCUSDT liquidation map
Situation remains the same - nearest zone of interest for liquidations is under 27.2k
Short zone starts above 28.8k
Currently in the middle of nowhere, so best thing to do is to do nothing and wait for market to move into one of those liquidity zones. Long the bottom, short the top. Enter trades with as small risk as possible.
P.S. I often start to feel bad when I leave Premium channel without any signals... but I'd rather spam free channel with charts than do it here. Want to keep that place calm and clean from the noise. But I am setting bot alarms to be sent here even for those TA I've posted in Free so that we know when something important is happening.
#BTC #liquidationmap
@CryptoRROFFICAIL
NEW chart: #Bitcoin market stages
🔵 stage 1: early bear
🟢 stage 2: late bear
🟡 stage 3: early bull <- we are here
🔴 stage 4: late bull
This is my favorite chart after S2F, based on 1 on-chain variable. Not prediction, but detection. If you like this stuff, I will update.
@CryptoRROFFICAIL
https://www.tradingview.com/x/zax5B6Nj/
#DOGEUSDT 1H
UPDATE
Doge is +8% up and reached the orange Res. zone again. With the same invalidation level, we can expect the breakout from this range in the coming week.
LTC short closed at breakeven after taking ~10% profit. Now moving sideway. BTC dominance haven't cracked down yet and moving sideways as well, so theoretically can do a sharp move in any direction. So I don't feel like holding LTC short. At least from yesterdays entry. If it start trading above 93.33 (level we used for short trigger) there is a good chance it will do another bullish move. So lets give it these two days to show the way.
#LTC #update
$USDT DOMINANCE UPDATE VIP
On H4 timeframe level the price action of USDT DOMINANCE consolidating in a compression level where the price action got rejected Daily S/R level marked at 7.03% to 6.89% level
Currently, The price action is making out and lower leg and filling out the FVG gap 6.91% to 6.74% level. As the volume decreasing the price action will go down so ultimately we will get to see the momentum in ALTs
Although all the EMA's shows the resistance level except the 21 EMA
👆 BTC dominance is still rising aggressively ; this has reflected on altcoins as their performance against BTC has been lacklustre as of lately .
More so , this is also the reasoning behind reduced altcoin signals and the suggestion to hold most exposure in BTC .
https://www.tradingview.com/x/mhrnlDjU/
FXS short
Entries 10.3 / 10.87
Stop on day close above 11.317
Targets 9.65 (move stop to BE) / 8.5 / 7.65 / 6.85
Leverage 1-2x
#FXS
@CryptoRROFFICAIL
21350$ levl most imp For remaining on uptrend
Still HL HL Valid on daily
@CryptoRROFFICAIL
Right now 1H rejection candle makes me think that this can be a risky short entry 0.415-0.42 with stop on 1H close above 0.423 and targets 0.408 / 0.402 / 0.397 / 0.393
Risky cause its counter trend trade. So if you want to risk less either avoid it or take with smaller position size.
#GMT
@CryptoRROFFICAIL
LDO/USDT
LDO is forming a double-top pattern and we can see the bearish move as it has swept its highs and liquidity and now it’s time for lower levels.🤑💪👍🔓
According to fib levels, it will test its golden ratio zone and will move alongside BTC.🪙🔓👍✅⬆️✌️
Bitcoin is still trading below the 23,500 dollar area. The longer it trades below this level, the higher the likeliness of dropping further, at least in my opinion. As I mentioned before, I don't really want to enter any trade here.
https://www.tradingview.com/x/NTNpXyqx/
@CryptoRROFFICAIL
🪙GRT/USDT🪙
GRT holding equal highs/Liquidity which it will sweep and then we can see a downward move.✅⬆️🤑🤑👍
🕐According to fib levels, it will fill the reversal zones and then move towards downward side.👀🤑🤑💪💪
@CryptoRROFFICAIL
BTCUSDT liquidation map
Nothing really changed in liquidation map. Same "stable coin" chart. Therefore the zones of interest are the same.
Nearest 25-50x long liquidations at ~27.4-27.6k
Next portion of 25x long liquidations is at 27-27.2k
Shorts 50x liquidations start at 28.3-28.4k
And then a whole pond of 25x liquidations above 28.8k and up till 29.4k
That corresponds with my SR zone for shorts at 29450-29910
#BTC #liquidationmap
@CryptoRROFFICAIL
DOT looking interesting: It's been trading below this 6.50 dollar area for around 40 days now, with several rejections. If we see DOT break this level, it could see a decent move to the upside.
https://www.tradingview.com/x/fV6bqUfn/
@CryptoRROFFICAIL
DOGE went down to the second target of short. Now its time to look for long.
These are the zone of interest: 0.08 / 0.079 / 0.0776
R/R becomes decent from the second entry, so most of the volume should be shared between last two zones.
First zone can be touched on liquidation of morning dip longs. The rest are for the long wicks on that dip. Obviously it was news pump, which is why it was so good for a short. Long is based on theory, that whatever falls deep has to bounce, and there is a fair value gap up till 0.089 that has to be revisited in future price action.
So the targets are 0.0846 (SL to BE) / 0.0875 / 0.089
Stop below 0..0755
P.S. If price bounce to 0.089 before dipping, those entry zones become invalidated.
#DOGE
@CryptoRROFFICAIL
https://charts.cointrader.pro/snapshot/B8Lqh
#ARUSDT 1D
ANALYSIS
There are so many details on this chart, so it's better to open the link and focus on them.
For now, with my invalidation level at 5.7$, I expect the price to rally to 12, 23 and 34$.
There are two different trigger lines you can identify in this chart if you want to risk less.
1. Breaking RSI level 50. You can see the history of the chart and see what happened with this static RSI Resistance got broken.
2. Breaking the purple Trendline , but the problem with this one is that you miss a great deal of expected rally.
Manage your risk and happy trading 🥂🤑
@CryptoRROFFICAIL
https://www.tradingview.com/x/tgjHWrsM/
#AAVEUSDT 4H
ANALYSIS
AAVE started printing highers highs so our bias changed to bullish in 4h. If keep the low at 68.2$ we can expect the price to touch the targets.👌
https://www.tradingview.com/x/8ucLHUBL/
#ETCUSDT 2H
UPDATE
Ethereum Classic reached the first Support zone and as you see, we have had a nice bounce. This side Correction pattern is probably A triangle and strong Breakout from the Red Resistance Zone can be a nice indication of ending this correction.
My targets for Wave C are 23.4$ and 24.75$.
Against USDT entry zone should be above 1780
Stop loss on acceptance above 1780 at 8H TF or the higher the safer - its a mental stop so be careful with it no to get scared on the pump. Alternative - day close above 1820
Target zones 1705 / 1645 / 1605 / 1565 / 1475
#ETH
💰 #BTC 2017 👇🏿👇🏿 2020 Cycle Comparison 🧐
So far we perfectly following the Price Action from the last cycle
1) Massive Distribution above the key level
2) Accumulation below the key level
3) Mid👇🏿👇🏿Term Rally
4) Correction
5) Bull Market
As you can see we are about to enter 3rd Stage of the Cycle 👇🏿👇🏿 Mid👇🏿👇🏿term Rally
The confirmation for this Cycle Fractal is a fixation above the key level, then targeting 40k$ 45k$ 47k$🚀
LTC short
Entry zone 93.5-95.2
Stop on 4H close above 98.4
Target zones - 85.3 (move stop to BE) / 81.7 / 79.1 / 76.5 / 73.6 / 70.3
#LTC
@CryptoRROFFICAIL
📍 #BTC
🔘 First Of All Sorry For Not Posting Anything During Last Few Days ,Nothing Interesting Happens In The Market ,Any Way ,Let’s Talk About The Current Situation
👉 Still The Main #BTC Structure Is Bullish ,We Have a Bull Flag At The Chart Which The Price Exactly Sitting Above The Trend Lind ,Also ABC Pattern Completed And Strong PRZ Formed At The 22k Area ,I Expect a Hard Bounce From This Area To The 24500$ As a First Station
📈 We Are In a Buy Area ,Sellers In Here Will Punish Hard
@CryptoRROFFICAIL
#BTC USDT FEB has indecisive Candle
Which shows Bears and bullz trying to control equally
There were many Fud BUSD, Coinbase staking Ban
March first half months looks Sideways or boring. Might Pump and dump in some alts we might see!!
@CryptoRROFFICAIL
Pretty risky idea, but if DXY will drop should work
Long ETH at ~1640-1630
Stop on 1H acceptance below 1630 (at least one candle full body close below that level, but not doji).
Targets 1661 / 1682 / 1699 / 1715
#ETH
@CryptoRROFFICAIL
I'm extending subscriptions for 3 days. First of all its weekend. Secondly, too early for longs and too late for shorts here.
For BTC I prefer to see bounce to the same zone where we were stopped out around 23700 before considering new short. And with longs we probably should wait for the dip to 22.2-22.5k, or for the next week bullish engulfing on 4H chart at least to jump into long scalp.
@CryptoRROFFICAIL
📍 #ETH / BTC
👉 The #ETHBTC Pair Sitting Above The Crucial Trend Line And My Expectation Is Bounce From This Level To The Higher Targets ,0.072 And 0.078 Are Next Levels I’m Looking As a Next Targets
📈 #ETHBTC Is a Alts Temperature So Bullish #ETHBTC Means Alts Will Rise And Alts Season
@CryptoRROFFICAIL