TipsOfPips

Enter the trade no later than 9am Tuesday (tomorrow 14th April)Trade rating 9/10Probability 4/10Risk to reward 10/10 (+6)

I have marked out a potential 1:86R trade here.The price is not allowed to reach the buy zone before or after the purple timing window. It must reach it within this window for the trade setup to stand a good chance.The take profit target is 0.37429 but you can leave the trade running for the all time highs, I just think that is the start of the first potential resistance zone and I would rather take profits there and then find a new trade setup.Probability of success: 30%Risk to reward rating 10/10 (+4)Overall trade rating 8.5/10Why is the probability of success only 30%?Because it is a weekend and come Monday we might see a quick flush lower to take out all the buyers on the weekend.However the new week opening gap doesn’t necessarily have to be 100% filled and therefore there is still a good chance that if this trade is running in profit come Monday the weekend low will hold.

Litecoin is potentially just about to enter into a major support zone.There is a larger degree white pattern forming an ABC correction wave and a smaller degree purple wedge pattern currently heading into the support zone.This convergence makes this potentially a great opportunity if it moves into the zone as shown.Trade rating 8.5/10Probability 7/10Risk to reward 10/10

Big liquidations in the crypto markets over the last 48hrs with sentiment turning very bearish.But from a technical pov does this look bearish to you?The Elliot Wave correctional waves couldn’t be any clearer with beautiful symmetry.The market already tested deep into the demand zone and has shown some strength to suggest it’s a worth a go in my view for a long trade here.Trade probability 5/10Risk to reward 9/10Overall rating 7/101:28.5 Risk to Reward ratio

Expecting a bottom at approx $12. Convergence of two major trendlines into significant demand zone.High probability trade.Trade probability 8/10Risk to reward rating 8/10Overall Trade rating 8/10

Potential 23R opportunity coming up on ADA.If the price moves down as shown there will be a meeting of two significant trendlines coinciding with major support (demand zone).Whether it heads down there as shown - I don’t know - not here to make predictions.But if it does it fits the rules of my trading system for a high probability setup…‘If this happens, do that’Trade probability rating: 8/10Risk to reward: 8/10Overall rating: 8/10

I think coinbase has a good chance if still heading a bit lower down to 220. The move down today so far so been very swift after a breakout yesterday which is indicative of a false break. There are however mixed signals as other miners look ok. However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.

On the daily timeframe LINK has made a very clear bullish channel formation.Since finishing the formation is has shown some strength and has reconsolidated above 4H support.Good chance this is ready to continue higher.Bitcoin also shows similar bullish structure on the 4H.Chance of success: 3/10Risk to reward: 9/10Trade rating: 6/10

8R Long.50% chance of success, but the trade entry must occur by the 23rd of Feb for it to be valid.

Green, Pink or Orange.These are the scenarios I’m now preparing for.Taking a long position up to the red supply zone.High risk trade - 25% of success.