Altisona

BTC found new life the last two days pushing up while leaving quite a bit of liquidity below as downward rocket fuel. We have strong resistance at 104,800 zone above. We could get a pump candle wick to the upside and reject from there. It would bring in the heavy fomo and activate gravity below. The mini range we are currently in (the flag) has nice value areas that have ping ponged us along this mini point of control prepping for continuation or a strong reversal. We cannot stay here much longer. Nami indicator below us is showing RSI and momentum moving down while moneyflow is looking higher. Mixed signals can indicate manipulation. So while everyone screams for the moon, correction is the fuel to get there. There is a nice previous week high + 27.9 breaker block around 98,000. Not ever financial advice.

Ive created two fibonacci auto indicators. this one moves like an MA (moving average) line. So you can see and track how the fib levels have moved over time as the asset is traded. Its different from other moving averages. We have broken well below the value area low for the recent mountain climb. Now we look for support here. If it breaks we look for the next area below. The area we are at now - using the volume profile - we can see a high volume node here and a smaller one below us. The point is these nodes show high traffic areas from past buying and selling. When you reach these areas on a chart its time to plan for support. It might not hold though. Thats why all good traders manage their risk with every trade. Not Ever Financial Advice.

There's a Bullish Breaker Block on the 12 hour chart that could be major support. The Bullish Breaker B is at the old range point of control at .018430. The macro fibonacci retracement creates a zone between the 618 level and the 786 level. This fib zone sits nicely with the old range from the intitial token release range formed Jan - March 2024. I believe there's a good chance to find support here. If not then the 786 bottom of the fib zone looks like support number 2. Targets above would be the Macro global 618 of .021650 and then the Yearly vwap 618 level of .027367 ish. Notice NAMI (momentum and moneyflow)- indicator on the bottom - looks like we could range a bit before getting a nice move. Not Ever Financial Advice.

hitting a nice breaker block could find some good support. marked some sweet confluence areas on the key level line ups - 618 fibs, 786 fibs, range point of control, volume profile value area high and low. new project = fresh new TA. Lets see what happens. Not ever financial advice.Also, notice how the yearly vwap lines up with the range point of control .39 ishthat was a nice move up100%Insane

We just broke below the Value are low to deviate the range. Looking to hit the 786 of the current market structure. I'd like to see a bounce from here.

local area support 618 + bullish breaker + yearly vwap + rPOC on the money. Lets see if we get a nice bounce here locally. Not ever Financial Advice.To explain further, charting is about finding areas of confluence where multiple key levels and/or indicators are lining up. We have a lot of interest at the zone 618 fibonacci retracement level of 3259. and the 786 fibonacci retracement level. Inside that zone you can see by Nami SMC Pro - the breaker block are with 32k volume (the main point is its heavier than the blocks below it). This gives reason to believe more buyers are here - or short sellers that may close their position. Finally the Yearly Volume Weighted Average Price (Yvwap) light line at 3114.45 takes the entire year's current buying and selling volume into account to make an average price indication. There is a strong chance Ethereum could have a healthy retrace to the area with all of these factors pointing us there.

We could see a bounce from the bullish breaker below. Lots of confluence 77t breaker + 618 + ndPOC Lets see what happens. Push Play Not Ever Financial Advice.There you goThere you go.

I could see Gala come down and get the bounce. Theres a nice orderblock with imbalance below. theres some good confluence with the 618 above and POCs. I have no idea what lies ahead but these levels will more than likely get respected. Not Ever Financial Advice.Comment: Meant to say 618 and the Yearly Vwap + Value area high above as good confluence for a target TP. (.46 level) paper trading only.

The current massive range lends us a sweet confluence area below where the 618 and 786 wrap the range Point of Control nicely. Lets see if we can retrace down to get a healthy bounce from here. Not ever financial advice.

looking for support below at the marked areas of confluence. the breakers are marked by Supply/Demand volume. the bigger the number the better the support. The yearly vwap could be a great bounce. We shall see. Not Ever Financial Advice.The idea is on point so far but we could see some ranging pump and soon get murdered. Not financial Advice. What do I know?right on