The bottom of the control wave has been identified and you can see if it is breaking above the $8305 to $8830 to see if the rising wave is sustainable.

Time for some more crypto drama.

Bitmax did send a painful thrust deep in DeepChain's ass. These words seem to sound like a dragon spitting 🔥.

Official response by Bitmax:
https://bitmaxhelp.zendesk.com/hc/en-us/articles/360036309894-Follow-up-to-DeepCloud-AI-Delisting-Announcement-on-BitMax-io

$ADA / $BTC

Taking this setup.

Range high break with price hovering above monthly.

Taking profit at swing points and daily resistance.

Entry: 494-490
Stop loss: 468
TP: 526 and 547

https://www.tradingview.com/x/BVDi1sm4/

$TRX / $BTC

Trx looks good if we can get a daily or H12 above daily orderblock.

Nice bounce of .705 OTE and the EQ (.5) holding strong.

Close above and I’m long.

Targets being two untapped swing highs.


https://www.tradingview.com/x/F7lWcWvT/

#NULS / BTC - View Chart

🎯First target hit for the second time after being re-filled for +7% profit. Raising stop to 4505sats

#RVN / BTC - View Chart

📶 Trade active and very much in the money. Price is drifting between our targets zone @ +22% 🎯.

Local resistance at 380sats is a great place to be taking profit and in hindsight, I wish I had set this as the first target.

The second target about at 408sats also looks a little conservative now that the price is so close. The bullish rising wedge formation looks strong, and I'd trade if I wasn't already in @ 310sats

#BNB / BTC - View Chart

🔼Limit entries set @ 0.00185 and new breakout entry set @ 0.00193. Binance coin has been utterly trapped for the past 10 days. The top IEO coins have been mirroring this behaviour for the most part. Waiting for the dragon to awake 🐲

📈 A mild bit of performance yesterday shook up the indicators a little, and price reached the upper range of the consolidation zone, again pushed down. Limit entry zone bellow is just nowhere in sight right now. We'll cover our profits with a breakout entry.

#IOTX / BTC - View Chart

📶Position active and in the money. Lovely entry at 42sats. The price is now trading at +12% profit 🎯. We need to watch out for a rejection on the top side horizontal resistance. No profit has been taken yet, but I think we can hold this position open until that first target. Might be more aggressive on the stop or exit after that. Exit at break even for now.

The DMI confirmed the bullish bias. The ADX has turned and there is a massive gap between it and the DM lines, this is bullish. Overbought is when the blue +DM trades above the ADX - there is a lot of room to go before we see those readings.

#CDT / BTC - View Chart

I was looking at the 4h chart, just the rest of the updates. It looked bearish to me, tried to zoom out, Also looks bearish here on the daily.

There is always a change that it'll work out. It has been 4 days, however, and as far as I can tell the breakout on the micro time frame has been weak and ineffective.

❎ Closing position at break even
❇️Targeting new entry at 111sats

#WABI / BTC - View Chart

🎯 Target # 1 triggered for +13% profit. Price is moving smartly along my lines if I do say so myself 😌

Give it a little time, we might hold above this profit level. Let's raise the stop to 1530sats for now. Second target now in sight. Final target # 3 on #WABI is set at a lofty +50% profit.

#KMD / BTC - View Chart

📶Active on Komodo, nothing much to say other than the fact that the breakout level has held. Price is doing a bit of a re-test on our entry. A hold here will give the bulls the reassurance they need to resume the accumulation.

The 4h candle formation looks like a shooting star reversal, but the local block is holding. A close below the breakout entry and a confirmation candle would prompt an early exit.

Community spam

There have been people pestering me in text to drop in some altcoins but here is the deal, We don't do trades that can give gains, We do trades that must give us gains. And for the 2,570 altcoins out there making waves all day, We here are eagerly waiting to share our knowladge with you but only on one condition.

We demand curiosity. They said curiosity killed the cat but fuck that. We are no pussies here. We are here to make money, hell loads of money. I want you all to text @cryptopotatoes and tell us

"Hey Potato have you seen [ShitCoin]? I think you should look at the charts its real bullish."

Or just ping me if you want me to expain a term or some pattern. I'm here to help you grow as traders. Spam me with your doubts and I'll be glad to expain.

Absolutely Mashed Baby!

Update from Mr. X

BTC USD 🔴
——————
If Weekly closes bellow EQ and price continues following the channel I expect a lot of blood next week. Will keep an eye at 7900 for longs but overall this range is a re-destribution in my opinion.

Structure: Slow grind down is worse than price dumping fast. Drops usually take 3 times more than pumps on BTC. A lot of structure is created when price slowly grinds down making it more difficult to break above. Thus path of least resistance is down.

Bullish if it breaks above EQ.

https://www.tradingview.com/x/xPw1HCgi/

$BTC / $USD

Quick update:

H4

Price is hovering above weekly open and H4 breaker without any significant buy pressure.

Open interest staying leveled in the 700-770m range and clear lower highs/lower lows.

If price can manage to trade above monthly open that would be a good sign to look for longs but for now it looks bad.

H12/Daily

Still no closes below EQ but expecting that to change come week close unless we scam pump.

Once we close and trade below it’s clear we are going for Monday’s low (7700) and or lower 7400.

If we can manage to get that liquidity before the week close and get back above EQ I’ll be looking for longs to 8800 liquidity.


https://www.tradingview.com/x/DZfWq1bD/

They didn't make you buy the top again now, did they?

Expect previous dominance flow and continue buying on 4-hour candle candle pattern Determine if Adam & Eve pattern is formed 4 hour Bong Shooting Star or Mong Bong Closing.