Lex & Crypto ✪

2021-07-27 14:27:50 Open / Comment

2021-07-26 11:41:28 https://www.tradingview.com/x/18oFFEA8/


On the 4hr, if we continue to consolidate at the supply zone, I think we keep pushing to take out the highs above.
There's a very nice 4hr demand zone just below January-mid, which would be another level of interest for longs.
For the short setup, I'd need to see the consolidation high of the daily supply taken out and possible January high tapped, followed by a break in market structure. Open / Comment

2021-07-26 11:41:05 BTC/USD
https://www.tradingview.com/x/gqgIb5vx/

GOOD MORNING! I am back in the command centre and ready to rock. Feels good. Lovely move from BTC over the weekend - but let's keep our emotions in check. Remember, we don't chase price in this game but a decisive move can help us to hone in on opportunities.

The sub 30k level has been defended very well throughout this two month consolidation - but keep in mind, a move lower is still not off the table until we flip the high of this consolidation to support at around 42.5k to be safe. Although sentiment appears to have flipped bullish, we are still ranging.

On this higher timeframe chart, I'm looking at a few key levels:

- Local Daily Supply between 38730 - 41064. Price has just tested this region and we're seeing an initial rejection (no surprise as it's a supply zone).
- D3 demand and daily bullish breaker at 32435. This is my primary level of interest for longs.
- January High: Price objective for a continued move up
- January Low: Keeping this level in mind until we officially break out of this range, but not eyeing up in the near term until we lose the 32k support.

The fib extension using the three points highlighted in green has the 1.618 landing on January high also. I will be looking for shorts in this zone given that it's the 1.618 fib extension and likely a clearance of the consolidation highs - but this is simply an area of interest for shorts. I would need the setup to confirm. Open / Comment

2021-07-26 09:29:58 Major Market Update!


Covering BTC, XRP, ETH and HBAR.


Expecting Move Upside in Coming Days/Weeks. Open / Comment

2021-07-26 04:31:42 When you find yourself overanalyzing, over-dissecting a chart, maybe ease up on it a little.

With sufficient mental gymnastics, any piece of market data can be twisted to fit one's confirmation bias. And that's not what you want. Open / Comment

2021-07-25 05:56:33 Open / Comment

2021-07-25 05:56:29 The relationship between risk and profitability is simple as can be.

Risk creates opportunity.

But don't manage your risk and you become the opportunity. Open / Comment

2021-07-24 13:52:47 Daily reminder not to FOMO into resistance, ignore CT and take profits for your longs here.

We're still in a down trending market structure until $BTC makes a higher high, 1D , 4H stochs are overextended too.

We've seen CT get overly bullish when btc comes near it's previous highs then gets rejected - again.

Staying neutral until btc proves to have reclaimed it's major resistances.

- Firelogger.

https://www.tradingview.com/x/igPKGg2q/ Open / Comment

2021-07-24 05:59:51 Good morning guys Open / Comment

2021-07-23 13:44:02 $BTC at a very important decision point right now - at resistance on both price action and rsi, feels like b word conference is getting priced in before it happens , just like the Doge pre pump before SNL. Although snl marked the top for doge and was a sell… Open / Comment