Rekt Capital
INS/BTC Scenario 3: A stronger rejection from local highs could make INS resemble a common pattern across Altcoins for the past weeks. That is, a Double-Bottom Higher Low hybrid. Scenario 3 assumes a rebound from the confluent support of the red Higher…
INS - This is the scenario that plays out in the end.
INS fakes out past the Higher Low (red trendline) to curl up from the Range Low (green).
INS does this by first producing a long downward wick in the search for liquidity to fuel this latest move.
INS is now at the orange Order Block (Mid-Range).
The last time INS broke past the orange area was when it 1D close above it and S/R flipped into a support (checkout my Twitter thread on INS as I covered this as it happened)
This is something I'll be looking for for INS to ensure it continues its run-up.
INS fakes out past the Higher Low (red trendline) to curl up from the Range Low (green).
INS does this by first producing a long downward wick in the search for liquidity to fuel this latest move.
INS is now at the orange Order Block (Mid-Range).
The last time INS broke past the orange area was when it 1D close above it and S/R flipped into a support (checkout my Twitter thread on INS as I covered this as it happened)
This is something I'll be looking for for INS to ensure it continues its run-up.
INS - previous S/R flip of orange OB:
https://twitter.com/rektcapital/status/1167002447149260800?s=20
https://twitter.com/rektcapital/status/1167002447149260800?s=20
Twitter
Rekt Capital
$INS / $BTC #insolar Explosive +74% breakout 📈 Pullbacks tend to happen after monster rallies like these So far it's a small one but if INS loses the orange area, a deeper retrace will occur as there is a substantial Volume Gap down below #Crypto
Check out my new blog post:
"The Bitcoin Halving - Everything You Need to Know"
In this article, I address the following questions:
- How did each of the previous two Bitcoin Halvings affect Bitcoin’s price?
- Are there any recurring tendencies as to how these two Halvings affected Bitcoin’s price?
- How could Bitcoin’s upcoming third Halving potentially affect Bitcoin’s price?
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
"The Bitcoin Halving - Everything You Need to Know"
In this article, I address the following questions:
- How did each of the previous two Bitcoin Halvings affect Bitcoin’s price?
- Are there any recurring tendencies as to how these two Halvings affected Bitcoin’s price?
- How could Bitcoin’s upcoming third Halving potentially affect Bitcoin’s price?
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
Medium
Bitcoin Halving — Everything You Need to Know
How does the Bitcoin Halving affect Bitcoin’s price?
Rekt Capital
INS - This is the scenario that plays out in the end. INS fakes out past the Higher Low (red trendline) to curl up from the Range Low (green). INS does this by first producing a long downward wick in the search for liquidity to fuel this latest move. INS…
Twitter
Rekt Capital
$INS / $BTC #insolar Pretty strong rejection yesterday but INS quickly recovers, challenging the orange Order Block resistance once again The formation is still intact so all INS needs to do is confirm a breakout past the orange area and it will move towards…
Rekt Capital
BTC - 1W update: https://twitter.com/rektcapital/status/1169253481439518722?s=20
BTC - 1W update:
https://twitter.com/rektcapital/status/1170749311048716288?s=20
https://twitter.com/rektcapital/status/1170749311048716288?s=20
Twitter
Rekt Capital
$BTC - 1W Gets rejected from the blue diagonal & dashed purple horizontal resistance zone (~$10,800) ✅ With the Weekly close looming, it is likely $BTCUSD confirms this rejection Next week will reveal whether there will be follow through on this rejection…
Rekt Capital
BTC/USD - 1D - 6.09 - BTC gets rejected from the black diagonal resistance and will most likely close below $10,800 today to confirm the rejection ✅
BTC/USD - 1D - 9.09 - Rejection from $10,800 is confirmed and BTC reaches $10,000 ✅
Rekt Capital
LINK update: https://twitter.com/rektcapital/status/1168497668500406279?s=20
Twitter
Rekt Capital
$LINK / $BTC #link #chainlink Reaches the blue region and reacts ✅ Some relief from LINK may be on the cards Small, early-stage flagging here Flag bottom is confluent with the blue Order Block top so it's all about price-strength confirmation here first #Crypto
Check out my latest article in case you missed it:
"The Bitcoin Halving - Everything You Need to Know"
I talk about how the Bitcoin Halving affects Bitcoin's price prior to and after the Halving
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
"The Bitcoin Halving - Everything You Need to Know"
I talk about how the Bitcoin Halving affects Bitcoin's price prior to and after the Halving
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
Medium
Bitcoin Halving — Everything You Need to Know
How does the Bitcoin Halving affect Bitcoin’s price?
Doesn’t matter how much Bitcoin you make through trading
The market is designed to take it away
Which is why it’s important to learn about your financial habits and develop a personal Risk Management strategy
Because making more BTC is one thing
Understanding how to keep it is another
gum.co/riskmanagement
The market is designed to take it away
Which is why it’s important to learn about your financial habits and develop a personal Risk Management strategy
Because making more BTC is one thing
Understanding how to keep it is another
gum.co/riskmanagement
Gumroad
Cryptocurrency Risk Management Course
The Rekt Capital Cryptocurrency Risk Management Course covers everything you need to know about Risk Management. This course is designed for beginner and intermediate cryptocurrency traders and inc...
Rekt Capital
QNT update: https://twitter.com/rektcapital/status/1170367032614957058?s=20
Twitter
Rekt Capital
$QNT / $BTC #quant Days have gone by & QNT is experiencing a bit of relief I won't think much of this move until there is a breach of the purple diagonal & a retest of it If this doesn't happen, the purple/green areas from previous tweet will be back in the…
Rekt Capital
ETH/USD update - 1W macro range: https://twitter.com/rektcapital/status/1162791756942983169?s=20
ETH/USD update - 1W macro range:
https://twitter.com/rektcapital/status/1172955742539780096?s=20
https://twitter.com/rektcapital/status/1172955742539780096?s=20
Twitter
Rekt Capital
$ETH $ETHUSD #ethereum - 1W Is ETH/USD in the process of a trend reversal from the bottom of the channel? #Crypto
Rekt Capital
QNT update: https://twitter.com/rektcapital/status/1172953461757042688?s=20
QNT update (+25%):
https://twitter.com/rektcapital/status/1173310022350266369?s=20
https://twitter.com/rektcapital/status/1173310022350266369?s=20
Twitter
Rekt Capital
$QNT / $BTC #quant QNT breaks out +25% from the downtrending channel It didn't even have to pullback for a retest attempt Currently trying to establish itself above the green level Flipping this level into support will allow QNT to go higher towards the green…
ETH/USD - 200 EMA a key reference point for ETH & Altcoin market sentiment:
https://twitter.com/rektcapital/status/1173579718190403584?s=20
https://twitter.com/rektcapital/status/1173579718190403584?s=20
Twitter
Rekt Capital
$ETH #ethereum Rebounded from the $160 - $360 channel bottom The 200 EMA is a long-term gauge of investor interest & will decide on trend continuation $ETHUSD tends to be a leading indicator for $ALTS so breaking past the 200 EMA -> major shift in market…