


proteus_1
PremiumETH pulled back to .5 fib on daily which is also near the EMA20 and max pain for long (3,553). I'm expect price to move up from here or dip to the .618 level at the most (~3,500). Trade: Using ETHU (2x lev ETF). Setting stop loss just below 3,500. Initial TP 3,825 and will use a trailing stop to lock profit in along the way. Ideally, I will let this trade run to...
Resistance at 111k has proven to be challenging for BTC, and I believe that it needs to retrace to regain momentum to go meaningfully higher. On the hourly chart, price has been squeezing for the longest since June which resulted in a drop of more than 10%. The squeeze and RSI divergence pattern between the two periods is very similar. BTC enjoyed the tailwind of...
NQ is showing the first signs of recovery from its recent decline. The overall decline and first day of recovery is structurally similar to the last pullback in April. Price has pushed through the bottom BB and is starting to bounce back inside. RSI has turned up on the daily after being pushed below the lower threshold which has only happened 3 times this year...