Vantage Technical Analysis

Missed setup may work on BTC now, but the risk of failure is higher!

#ETH TA is pretty much the same as BTC; you can long the bottom of the trading range, but remember the volatility is more than BTC's. In addition to what has been said, In both charts there was a triangle pattern, as you can see on this chart for ETH. The triangle, which is of the contracting type, led to a good pump as expected. The tip of the triangle which points to the area where the pump began, can be marked as a strong demand zone and should act as a remarkable S/R. You should also take it as a warning and don't try to long if it is flipped. https://www.tradingview.com/x/5jiDjzEp

#GOLD Price is well squeezed to the upper trend line and as you see the reactions are getting weaker every time. A breakout seems close! Gold may try to test the middle marked zone once again, but it will be more bullish to see it fail. It doesn't look very likely, but by flipping the middle zone the lower one will be the target. Next is the 1450 mark! https://www.tradingview.com/x/fePqRl73/

If this is the case wave C has ended and EURUSD is in the middle of D wave of the supposed triangle. Note that the time projections have failed and wave C completed sooner, so the other time projections may also conclude faster. EURUSD 1Y Wave Chart: https://www.tradingview.com/x/WP5LllTP/

#EURUSD Expecting it to fluctuate in the rectangle like it did at 2019 - early 2020. https://www.tradingview.com/x/592YZUn6/

Recent analysis have been going well, until BTC crossed down the midrange along with failure to hold 21 Weekly EMA below, an important moving average that big players watch over. This event was a warning, for me atleast, to reconsider my opinion. To me it indicates that the market is not as bullish as it looked. In a bullish trend it is best to see corrections with small price range. When they get extended, specially beyond their preceding wave, they display lack of strength in the direction of the trend. Structurally, the move following April 2021 high should have been starting a new bearish wave which I noted at the time. But as it stands now the proceeding wave (post July 2021 actions) hasn't confirmed the anticipation I had. Will talk about this wave later here! The next likely match for the bearish action after April 21 high is a small x-wave.

#BTC In simple PA terms, price failed to continue after hitting ATH and dropped back to 30k lows, forming a clear Trading Range. The demand zone is a buy for short to mid term trade. The wave count will be explained in the following post which is only for enthusiasts... BTCUSD BUY Entry: 28600 - 32280 TP(s): 41750 (2.28:1) 51500 (4.28:1) 57000 (5.40:1) SL(s): 25800 Risk: Medium https://www.tradingview.com/x/weBJbKWk/

In simple PA terms, price failed to continue after hitting ATH and dropped back to 30k lows, forming a clear Trading Range. The demand zone is a buy for short to mid term trade. The wave count will be explained in the following post which is only for enthusiasts... BTCUSD BUY Entry: 28600 - 32280 TP(s): 41750 (2.28:1) 51500 (4.28:1) 57000 (5.40:1) SL(s): 25800 Risk: Medium https://www.tradingview.com/x/weBJbKWk/

My first appearance in this retarded area of crypto! https://opensea.io/assets/matic/0x2953399124f0cbb46d2cbacd8a89cf0599974963/68133310285595506843243099961959796124859147069151590792236954393761512685569/

#CRYPTOCAP_TOTAL Market is testing the $2.4T support again. It is important support but since the correction was small I think it will extend. Either in terms of price or time or both. For Total MC $2.0 and for BTC $48k - $52k seems ideal to end the correction. https://www.tradingview.com/x/5I5HxFtG