Institutionaltrading
$BTC Re-Entry at 50602After some analyization I still see it bullish, I just got knocked out of my last trade for entering late and putting my stop loss above my entery after hitting my TP 1. Same Take Profit Objectives. 48775 Stop loss. Scalping along the way through this CFD whuile protecting profits. I fully expect it to possibly reach 50,275 as a low. POSSIBLY 50,100. Anything Lower and I may bail on the trade. COINBASE:BTCUSD
$SPX - Wait for it - Entry at 3847 or 3837I can't tell exactly which one if these two will be the entry just yet, but it will be one of them. I see that SPX Should be trending down for most of the after noon. If that is the case it should make it's turn around between 11 am - 1p.m. Eastern time, and that's when it should enter the price of 3847-3837 possibly getting to 3825 before turning bullish. There are somewhat equal highs above between 3900 and 3915 that ot wants to aim for and take out the liquidity resting above that. So just beware if this price continue to fall.
$ETH -Bullish Smart Money Move - Below The Engineered Liquidity1869 is the spot I'm eyeballing in or arround that area. As soon as we see a sharp pull back below the "Safe Support" level that smart money has engineered, we should see it hit the median hourl price and or lower at the Bullish Block which should send the price higher. There are two bullish order blocks, a larger one between 1832 and 1857, and a smaller one sitting right on top of the larger one resting about 1860. This is also the 70.5% retracement level for this area. Here's a look at the hourley for the fair value gap that it has dipped into, but hasn't closed or hit the median.
And then here's a look at the Hourly with the Order block resting below as well. it all seems to line up with a bullish move once we get that slight pullback below the engineered "lows".
Looking to Exit at the 150% extension. This should move should start during the Crypto Killzones 12-2pm NY time and maybe end before the end of the day. If Not, I'll re-evaluate the move. Or at least the time. I don't want to set this up and and it pull back at 7:00 p.m. when crypto is usually moving down or sideways.
$ETH - GOING UP! Setting Up "Resistance" To Trick You +1445 SoonTitle Says it all. I bought at 1431 around 7:00 a.m. eastern time U.S. thinking it would bounce back and beak the highs. It didn't but I held on because I KNEW WE WERE GOING HIGHER. Then I saw that the price came into the 70.5%. retracement (See Chart) and I was holding on no matter how low it went because I kne we would eventually get to the 1443 (at the very least) We did it bounced back and now it's coming up again. Don't be surprised if this "resistance" isn't resistance soon.