cryptevo

It's different this time.

[cryptevo @cryptevo]

@ShardiB2 @BloFin_Official silly question, but is that the platform that you personally use to do all your stock day trading?

[cryptevo @cryptevo]

@CastilloTrading hope to hell i'm wrong, but volume is dropping off a cliff since the 11/7 peak. To me this looks like another complacency shoulder.

[cryptevo @cryptevo]

@eliz883 Regardless of the TF you trade, simply marking off 4H/1D supply and demand areas is more productive than 95% of indicators.

[cryptevo @cryptevo]

@IncomeSharks this time may very well be different, but historically a bearish div in TSV with price up against resistance usually leads to a dump. i don't think we're talking $50ks type of dump, but a pullback at least. Right now facing these types of divs on the 4H/1D.

[cryptevo @cryptevo]

@CredibleCrypto Per usual in CT dialogue, it's confusion w/the TF you're bullish in. I would say very, very few zoom out to the yearly TF like you to define what's bullish. Any TF lower than that has long been objectively bearish, it's really that simple. All peeps have to do is unfollow 😂

[cryptevo @cryptevo]

@CastilloTrading Alts are frontrunning BTC with that exact same structure and have already broken through support. My money is on a BTC breakdown.

[cryptevo @cryptevo]

@CredibleCrypto @RamaLamaZilla @Cryptonaut111 Not a big MA guy, but for most users I'd just keep it simple. Put a 322 pd HMA and a 200 pd EMA on the 1D Heikin Ashis. If green w/no wicks and both MAs are bullish, it has a nearly perfect track record. Absent nuke, prolly a few days away from 1st bull flip since 10/2023 🤷

[cryptevo @cryptevo]

@CredibleCrypto i suppose one of the differences b/w now and prior flame outs is that you now have market structure on several major BTC-leading alts showing HTF breakouts. Could end up as deviations, of course, but could also be the canary in the coal mine people want for a sustained BTC move.

[cryptevo @cryptevo]

@AltcoinSherpa hasn't flipped the 1D 200 yet, was hard rejected at the 2Q close, and volume plummeting. Although flipping the 4H 200 is a good start. We'll see.

[cryptevo @cryptevo]

@Timeless_Crypto The failure to reclaim even the 4H 200 EMA, let alone the 1D 200 EMA, was pretty telling. Not to mention plummeting volume. Back down to at least the $55ks.

[cryptevo @cryptevo]

@astekz still pressed below the 1D and 4H 200 EMA, with plummeting TSV on the 4H and 1H. Doesn't look like we're breaking the structure just yet.

[cryptevo @cryptevo]

@ShardiB2 down we go on the LTF. TSV has such a good track record.

[cryptevo @cryptevo]

@ShardiB2 at the 4H 200 EMA plus the 1H TSV has significantly diverged with price. Definitely at least a LTF pullback in the works, hopefully limited.

[cryptevo @cryptevo]

@IncomeSharks at the 1D 200 EMA now and with a significant imbalance with the 1H TSV. hopefully just a LTF pullback en route, but stops up moved up for sure

[cryptevo @cryptevo]

@ShardiB2 1H TSV out of whack with price action, this is likely a LTF complacency push, but fingers crossed!

[cryptevo @cryptevo]

@Nebraskangooner yup. not a big MA person, but i like throwing the 60, 322, and 870 HMA on the 1D Heikin chart now and then for a simple, fast, and nearly 100% accurate view of decisive trend shifts. HTF players can simply stay out until we're back above all three.

[cryptevo @cryptevo]

@BigCheds barely get a blip of relief on the 5 min right now, let alone the higher TFS

[cryptevo @cryptevo]

@CryptoGodJohn is there any reason not to immediately convert to ANYONE? they haven't explained it very well IMO

[cryptevo @cryptevo]

@i_am_jackis BTC's PA right now is literally verbatim to INJ's PA from a few months ago. Hopefully the fractal invalidates, otherwise should be another leg down coming. Very few LTF/MTF indicators look bullish.

[cryptevo @cryptevo]

@eliz883 4H TSV plummeting + price at horizontal resistance + 200 Daily EMA/SMA strongly suggests at least more LTF dumps