#USDT DOMINANCE ANALYSIS
USDT.D is moving in a descending triangle. Currently, it is facing trendline resistance. MACD crossover is losing bullish momentum. RSI is in the overbought region.
All these confluences are showing that there are high chances of rejection. A rejection from here will confirm a bearish move in USDT.D. That would be a bullish sign for the crypto market as they work inversely proportional to each other.
@CryptoRROFFICAIL
https://www.tradingview.com/x/KRlollhK/
The infamous "head and shoulders".
Careful falling for this one at the neckline.
The way you'd properly play this is actually the 2nd shoulder (HL) or the underside retest imo. Everything else is a bait.
If you're shorting RIGHT NOW, at $27.5K or whatever the low was, you're essentially shorting support (neckline). It can work out but generally speaking, it's not a play that I'd recommend.
The general idea for H&S is to play a short, and I don't disagree with that. Most people just don't execute the entry zone properly so they end up being cannon fodder for neckline shenanigans.
In this case, I short at $27.8-28K is much better just cause you'd be able to define your stop (reclaim of $28K).
@CryptoRROFFICAIL
https://www.tradingview.com/x/E9L8u0cO/
#PERLUSDT 1D
UPDATE
As you see, This whole move from the low of about year ago, is most likely a correction wave. Since we have much more complexity and time consuming.
I have two scenarios in mind for this correction which is Triangle and Diametric pattern. In each case targets are pointed out in the chart.
@CryptoRROFFICAIL
#BTC/USDT ANALYSIS
BTC pumped with a good volume after the breakout of the descending trendline and got rejected from the upper marked descending trendline to clear all the downside liquidity.
Now it is holding above the Ichimoku cloud, and the bullish volume is increasing. A solid breakout of the trendline resistance would be the confirmation of the continuation of the bullish rally.
@CryptoRROFFICAIL
#BTC/USDT ANALYSIS
BTC hunted stops below the horizontal support and came back again into the range. A breakout of the descending trendline would confirm a move toward the horizontal resistance.
A more solid confirmation of a strong bullish rally would be a solid breakout of the horizontal resistance. In case of a sustained breakdown of the horizontal support, a further correction could be expected.
@CryptoRROFFICAIL
Ethereum short made up to 4.13% unleveraged. Long from target zone same 4%.
For scalping small levels can be used at 2095 / 2089 / 2085 with targets on previous swings highs 2112 / 2123 / 2130
But in general, same as with BTC with proper entries better to wait for liquidation of stops below yesterday's swing low - TP zone around 2062-2066 and 2052-2055
#ETH
@CryptoRROFFICAIL
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/
#BTC & #ETH #CME GAP
Seems market is done fucking around & there are some signs of closing some gaps 🧐
Do you think we CAN close them by the end of this week or is it just a trap? 🤓
YEAH, THIS COULD HAPPEN 👍🏼
NO, IT IS JUST A TRAP 😁
@CryptoRROFFICAIL
The 28,800 dollar level failed and Bitcoin lost around 5% since last night. Of course, that is no surprise considering that Bitcoin was rejected by the 30,000 dollar level for a fourth time just recently.
So what's next? Well, this dump doesn.t look that devastating to me. In the best-case scenario, Bitcoin manages to reclaim the 28,800 dollar level soon, perhaps already by tomorrow.
In the worst-case scenario, Bitcoin will establish new resistance at 28,800 dollars. That could send Bitcoin even below the 27,000 dollar level over the next few days.
https://www.tradingview.com/x/C5TSTK0W/
@CryptoRROFFICAIL
🟢Spot
#Requsdt
Break of support will lead towards the bottom target shown on the chart.
https://www.tradingview.com/x/XIZFqAao/
BTC - Okay so clear break from the level which isn't helpful to either argument I listed above which is fine.
highs were swept which makes me a bit conflicted. This is the first h4 close out of the last few days' range. I would really prefer a short from the lower Green box on my chart which is the previous Range Highs before the breakout.
So either, It's a short from here ($28.3k) or a short from $28.7k.
also,
If price does spike into $28.7k I can use $28.3k as a short entry if I don't get the opportunity to short at $28.7k.
With all of that being said. I have arguments ready to go, now it's time to continue to be patient and let the setups come to me. https://www.tradingview.com/x/c4XHzuI1/
@CryptoRROFFICAIL
https://www.tradingview.com/x/VDynj3cl/
#ROSEUSDT 2H
UPDATE
Rose has formed a ABC pattern and it seems like it's closing the targets for this Wave. I expect some correction as Wave D or X of this pattern. for these targets.👀
@CryptoRROFFICAIL
🔹Enjin Coin has experienced a notable decline in price.
🔹The price has recently seen a pump and gained liquidity.
🔹It is expected that the price will now retrace to its demand zone.
🔹Once the price reaches this zone, it will likely accumulate orders.
🔹Afterwards, the price is anticipated to rebound to its supply zone.
@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