$ZEC (4h) is showing extreme strength in this relief rally that we have had in crypto. The setup was an OS Bottom signal that initiated a stage 2 uptrend 🚀 When a asset shows good relative strength after coming out of a correction it is usually a sign of further out performance if markets continue to rise... For now watch to see that ZEC does not break my red zone resistance now turned support. Printing another green Dot now - lets see if we can gain momentum!
$BTC (4hr) we've been patient and that's paid off as Bitcoin on the 4hr timeframe has broken out, confirming a large horizontal double bottom with a smaller double bottom inside and Phantom confirming with bullish divergence signals. Now that we're testing resistance, what does this setup mean for continuing the move? 👇 The confirmation bar closed above the B-signal, signaling the start of this move, with green dots extending the momentum. I entered on this confirmation. The prior support, now resistance, will need to be eaten up. My stop losses are set from the Alpha Stops. If you're an OS member, you can now right-click anywhere on the bar to change where your stop loss starts. This is a valid setup, and we're on our way 🚀
$QQQ (Video) I wanted to make this video just to help warn everyone about the breaking structure on the weekly chart of the Nasdaq. Before each retrace was saved by a Bottom signal on the new OS Bottoms. But now it's breaking very important support. The new OS Dots will be the read here for when the downtrend comes to an end. I do expect bottom signals to hit, but that wont be until the downtrend is over. I expect the downtrend to continue. Will keep everyone posted when a valid setup appears. Until then stay cautious!
Looks like my $BTC daily update for everyone was on point unfortunately. We ended up dropping violently from one of the best setups I’m most familiar with. Good news is that this usually ends in a setup at lower prices you can take advantage of. However most buy too early before there is a valid setup or on the first bounce. I’ll keep everyone updated on my next Bitcoin read tomorrow. Stay safe
$BTC (4h) is breaking down in a squeeze fakeout setup! This is usually a very violent setup, one of my fav when its to the upside - But this is a bearish one. What you need to know 👇 This current candle needs to close at least a 50% recovery from its candle lows. We also want to see the new OS red Dots disappear first to tell us the trend is recovering. The good news is that is seems the more patient we stay the lower prices go before giving us another valid setup. I start paying more attention the lower it goes. I will update everyone when I see a setup that I think is ideal. As always thanks for engaging 🤝
Gm fam ☕️ Unfortunately markets all pairing back. I talked about this yesterday I always let markets react to news, and then wait for the reaction to the reaction. Once markets have absorbed news only then can you gather a clear picture of what’s happening. I’ll make some updates for everyone today.
$BTC (6hr) has broken down from our Bottom signal setup stage 2 uptrend. It printed a Topping Signal and Reversal form our OS signals. And red Dots are still actively printing. So what do you need to know now 👇 We are back at our accumulation turquoise zone. Everyone got chopped up from the market makers, but we were smart enough to use the Alpha Stops and so we locked in profit and are now patiently waiting for either another setup or a leg down for an even better setup! As always I will keep you guys up to date so you dont miss a thing. Thanks for engaging and I'll have another Bitcoin update for everyone tomorrow! 🤝
$BTC (6hr) has broken out of our red zone resistance into stage 2 uptrend with an Alpha Strength Structure rating of 8/10. This setup came from our new and refined OS Bottom signals 🔥 But we need to understand what confirms this setup, and what can invalidate it. This is what I am watching next 👇 We need to keep adjusting our stop loss to match the Alpha Stops. In OS this is now done automatically for me from Alpha Charts to my exchange. Thats coming for OS members. But we also need to make sure today closes above my red resistance zone, and the new OS Dots needs to stay green! Will keep everyone updated! Thanks for engaging 🤝
$ONDO Ondo is in a stage 2 uptrend with a strength structure or 8 and a stretch score of 7.5. What does this mean? This means that the Trend is ideal but it is extended and may need some time to rest. However we would need the Dots to end to give us this confirmation. Right now as long as the Dots keep printing, ONDO looks strong enough continue the trend. I'll keep you up to date with market setups like these. Thanks for engaging 🙏
