Terminology:
LG - liquidity gap
LGR - liquidity gap reversal
LGC - liquidity gap candle
LGCC - LGC that closes through a LG
AM - aggregation model (LGR + sweep + LGC)
SSSL - spike + sweep + swing + LGC
OE - origin of expansion
ROF - reversal of flows
RTOE - return to OE
$ROSE update:
Took it's time with the 4H Kumo, but delievered a nice pump as I expected. TP'ed most of the position here. Similar to $LIT price now has to deal with the daily Kumo + Kijun.
$ROSE
Returned to the OE of the last impulsive move up and managed to reverse the flows again printing a nice AM. Looking for entries in this LGC which also managed to break out of the 4H Kumo. We have an 4H HOB aligned with the LGC EQ. I wouldnˋt fade this...
$LIT
TP hit! Closed big part of my position at the daily Kumo + Kijun and the next 4H and daily untested LGs. Rest is BE and risk free, but I think price will need some time to deal with this area.
Once cleared will look to re-enter.
On to the next one!
$LIT
Looking good with a potential iH&S. If it manages to stay above the Kumo allowing CS to break out, I think weˋll see more upside.
On the daily it printed a HL SSSL, but there is a big resistance with both Kumo and Kijun above. Close above 1.03$ and I can see an E2E move.
$LIT update:
• Kumo held
• CS out
• Broke iH&S neckline
Think we go higher as long as $BTC behaves. Looking to add on a LTF pullback in one of those HOBs.
Don't know if I need to say this, but just to clarify...if BTC fails to hold this breakout and we see acceptance back into the range and losses 78K => all setups on ALTS will fail...so need to be aware of that.
$BTC
Some big positive delta on this breakout, but price failed to continue with first signs of weakness.
Looking for a short scalp from the M30 HOB and stacked imbalances above if I see further absorbtion and after long from the H1 HOB below if no acceptance below prev. highs.
$ETH
On the 4H we had a clean bearish ROF + MSB \ LH SSSL and a close through next LG. Looking for one more leg down to the next untested LG, potentially completing a M1 Wyckoff acc., before the next leg to the HOBs above around 2500$. Waiting for a LTF distribution here.
$SOL
In confluence with $ETH (see prev. post), waiting for something similiar on $SOL...one more spike up into the H1 HOB to potentially complete a M1 Wyckoff distribution.
Will look for signs of absorbtion and aggressive sellers steping in.
$LUNA
About to wake up from the ashes...Would be entertaining to see.
Recovered W Tenkan with Kijun and Kumo both flat. Also CS about to break out of the cloud on the daily...
Scam pump soon?
$ZBCN
Nice move recently, breaking structure back to bullish. Currently, on the daily Ichimoku is fully bullish with both Tenkan and Kijun acting as support. Price also retesting the 3D Kumo breakout in confluence with the 3D HOB.
Hold here and RH next?
$XLM
One of the best looking charts according to my system.
ROF + RTOE and a clean HL SSSL after rebalance into the last internal LG. Next untested LG at $0.28.
$ETH
More clear than $BTC on the LTF with ROF + MSB + RTOE. Flows are up and next untested LG is at $3178. Close through and should reach the short OE. If a rebalance is provided into an LG/LGC below, I will look for entries on M30.