itismetrading

itismetrading

Due to typical ETH behavior we can form a range Can be identified without any lines where I suppose will stay for a month or so consolidating

itismetrading Updated 

I expect to see the retest of the highlighted area such as the 100k$ level, where we left the closest imbalance unfilled after taking the highs and not spooling higher, I assume we receive some kind of distribution during the summer in the range from ATH to the marked levels, after which we would have to see whether the structure will allow us for the continuation...

itismetrading

I am quite sure the sharp move is coming... which way will it happen we will see, for longer term positions there are no reasonable entries, so once we get a breakout of this distribution or consolidation either way we are likely to see the bigger traders joining along which will accelerate the movement, so far we are looking bullish and ld like to see prices...

itismetrading

How many times do you think you could work inside this range ? :) Plain and simple

itismetrading

Its funny i even post it, however, i think $HIPPO can give some good upside in the longer term, considering the situation with crypto, timing, knowing the story of this meme and the blockchain its built on (SUI) , as well as its included in alpha projects on binance, certainly not a trading advice but risking low is what i did, funny thing it was also abandoned by...

itismetrading

I think we have done enough work on the current levels as mentioned in the previous daily analysis, we opened today(on sunday) disrupting the relative equal lows which could be used for accumulation of the buy orders. If so then we would not need to reach out for the sellside marked in the lower part of the current daily ifvg, and we would probably look for...

itismetrading

I think we are going into the daily fvg which is situated above, I would rather see the support from the ifvg which we broke through and leave the sellside in there just as we left, meaning the work is done on the current levels if we are bullish will target this fvg first and then buyside above

itismetrading

In my opinion these are the key levels which we have to look at to determine short narrative. If we consider higher prices then I would prefer the grey fvg stay unfilled and retest the current weekly tail. After which we shall run up strongly through the imbalance and likely revisit 21k. On the other hand if we anticipate slower growth or even consolidation, I...

itismetrading

Potentially interesting zones we have touched, if we dont renew the current low I would favor the bullish scenario on 1D timeframe to try and reach for the relative equal highs within the distribution range we have as long as we only wick through the marked imbalance. Probably retest of 50% of the daily 1D candle tail in the area of 76.5k or test of C.E. of the...

itismetrading

Locally things not as good for what we have. If the orderblock gets treated as inversion, it can potentially send us lower, quite possibly under the previous low, if we break out above then the buyside is in play

itismetrading

I think we shall see somtheing like this with the rejection from 90 k and another dip afterwards but first we see this move, we are in the perfectly balanced range and we have smooth buyside right before the jagerred area where its likely to have some resistance to the price delivery as it will be the key level

itismetrading

If we dont see any of the following weeks hitting 94-95 k on btc i will be looking bearish at it, except for the momentum positions where you can trade both ways obviously However id rather see it retrace to 0.75 at max and start to breakout lower

itismetrading

how does it look to you? I would want to see the next month for BTC and the dynamic it wil reveal to us, Id rather say we are looking bearish on 1m and 1w timeframes

itismetrading Updated 

I like the orderflow dynamics on ethereum with reaccumulation under the level where the previous rebound and consolidation occured, while this price is already discounted comparing to where we have been before i still leave some space for additional manipulation, we if dynamically move down though I will be waiting 2300-2400 to see anything from there, other than...

itismetrading

At some point I think we might still continue to consolidate in the current range and keep everyone in stress for some time, however, seeing the pullback makes me think people are just not let to be positioned long with every resweep occuring, eventually it will blastoff either way for sweep of lower liquidity which leaves hope for the higher targets or continue...

itismetrading

Well since we have not gone above the premium range of the Feb 7th candle and could not break any higher from where we received the dynamic move down, the levels im focusing on are as following 94 k in the discount array of Wed 14th candle, and if we dont keep it then I am looking for 92-93k, this is if we speak locally and where we can expect any retracements on...

itismetrading

I think we are at the local pivot point where you can try to grab some longs to become part of algorithmic delivery to the buyside, the chart itself looks amazing from larger to smaller timeframes, perfect orderflow, rebalanced inefficiencies, sellside taken, smooth areas taken, retraced 50 % , i would look for the green start of the week, probably, all the way to...

itismetrading

I was about to post this earlier but was quite busy, anyways I have my targets set and bias determined, last week has shown some weakness by the moment the markets closed as we have received the strong short reaction from the median of the bearish breaker. We have also opened with significant NWOG which I expect to be partially retraced and use it as the range...