fritbjorn

14:05

fritbjorn

I'm using VARAUSD for this tutorial presentation because that is the coin I am currently trading. In this tutorial I demonstrate how to locate nearly exact pivot points for great entry and exit opportunities to swing trade like a professional. Just remember, the levels need to be updated often. You cannot set them and forget them. Something I did not mention is...

fritbjorn Updated 

See chart notes; as you can see this asset broke out of the squeeze with a spike downward, statistically speaking, this should reverse leading to upward movement. However, statistics do not always predict so the price could of course go down.

fritbjorn Updated 

On the flip side of VARA we have this correlated asset which is + about 20% above VARA, thus there is a very high likelihood that VARA will pump should Polygon break as I predict in this diagram. There are several correlated assets that are entering into a bullish squeeze this morning, seemingly one after another. VARA has already broken out to around 10% in this...

fritbjorn Updated 

BTC remains very bullish with recent pullback likely a knee jerk reaction to the Fed announcement. I believe we will be seeing higher prices targeting $135k approximately with a period of sideways movement to precede the upcoming breakout.

fritbjorn Updated 

This bullish squeeze has confirmed up to the 2 hour chart, which at this point is getting into higher time frame levels for day trade strategies. The probability of a bullish outcome remains the same at about 80% however long flat price action such as this can result in a violent expansion of the B Bands. I actually stake every coin I buy so this isn't really...

14:43

fritbjorn

The audio got really quiet at about 8 minutes in, please turn up your volume at that point, this software randomly switched to the mic on my pc instead of the one on my headset. If I were not sick with the flu I would have re-recorded but I am tired so this will have to do.

fritbjorn

Following a very long squeeze an asset will tend to break out violently with high demand. This puts a long-term target at around $0.20 easily achievable. Expect a lot of volatility in this tight slowly squeeze, price action is going to become more erratic as investors begin to jump ship and others get onboard, those trades will be mostly a wash as smart money gets...

fritbjorn

Here are my levels: Bearish .022 Bullish .017 I tried to do a video to go over bookmap levels and demonstrate the squeeze live but I cannot speak well enough right now. I am tired and it still hurts to talk. I have the 4-hour time frame on my screen which would be unusual for me usually but I want to show you before the breakout occurs, how a squeeze looks....

fritbjorn Updated 

VARA has been trapped in this long bullish squeeze for a very long time and although the timing may differ from what is demonstrated on my chart, this asset is no doubt ready to pop at any moment. If you zoom in or out on any level there are constant tight squeezes, one after another that always result from a breakout, the only one that has not broken out yet is...

fritbjorn Updated 

The purple lines are order block levels represented on the micro 4 hour chart; these are subsequently minor resistance and support levels however order flow data from BOOKMAP confirms an order block of over 6.3 million coins exists at $0.025 up to $0.03. So, someone is protecting that level and also $0.02. So, with this being said we VARA is still rangebound as it...

fritbjorn

The bullish squeeze on the weekly chart continues to tighten as smaller moves are being achieved. To the untrained eye these small irritating moves will mean time to sell however patience, and experience teaches that the desired outcome is smaller moves, further tightening of the B-Bands. There is always a period of B-Band tightening preceding a large move. One...

fritbjorn

SPELL Token from the popular Abracadabra MIM ecosystem has broken out of strong correlation with SHIB which should result in gains to SHIB; typically, when one moves the other follows. I am thus LONG on SHIB as a breakout to the upside is statistically probable.

11:42

fritbjorn

I go over order flow, levels, and how to find good entries by quickly locating bullish squeezes using one free indicator in Trading View by simply eyeballing charts.

fritbjorn

Buckle in for more volatility. Vara is entering a consolidation phase on the daily. This consolidation is a bullish squeeze that has not yet confirmed. Expansion resulting in a breakout either up or down, other is fine, both should result in an eminent bullish breakout with target to top of the micro range, use the 1, 2, 3, or 4 hour and order flow data to...

fritbjorn

As of today VARA is very close to being perfectly correlated with MATIC finally. It took a lot of bouncing around within the range but after Polygon posted losses and VARA's posted gains it is very close to exactly correlated. This IS bullish by the way for both assets because both assets share one common theme and that is that those very large order blocks have...

06:45

fritbjorn

I present to you order flow data that shows clearly where order walls are present, why price action rejected off of $0.022 (I think I mistakenly said $0.22 in the video, I meant .022..)

fritbjorn Updated 

As you can see I have the 15 minute on, simply because when I used to day trade this pattern was fairly reliable. Obviously the shorter the squeeze pattern is the less likely it will break out, because longer squeezes build up more market tension. Now, as a day trader staring at a 5, 10, or 15 minute chart this one I am looking at on VARA is no doubt a buy signal...

fritbjorn

A bullish squeeze was detected on the 10, 15, 30, 1HR chart. It will confirm if still present 2HR chart with 80% bullish breakout and 20% bearish probability. TP2 target cannot be set until a reaction is seen. Long or Short entries are market orders.