15th/May: 28-26k then 34k-35k if

23 พ.ค. 2022

Hi,


Considering that the last weekly did close counter buying of the supply volume and it was one of my points for turning into a more bullish bias, and expecting a move up to 34k-36k, I have been planning/hunting my buys positions within the 26-28 area.

What I be looking for right now.

-> Target for upside move: 34k-36k [ with break upside 30.5k-31k on sign of strength as final confirmation and place to add buy entries].

( Also a maintain upside 28.8 from price is also another initial bullish sign.)

But since last week closed still being into a absorption of supply process, that just started. And once again the current weekly is printing heavy supply volume, even if it showing as expecting supply absorption again. I would expect some more wicking of the 26k-28k area for having some further supply absorption before a lift off.

So I am still bear on short term, since I do still expect playing into the 26k-28k area. But medium term I be preparing my buying positions tp target and execution. And to catch some even more crunchy long positions around it if I do get a wicking of the area.



Going under 25k on heavy supply would make me aim at 22k-20k.

weekly



Monthly


Observations on 1 hour Sunday evening.


Here a scribble of 3 scenarios. I be looking for the purple one for now.


More update will be made as price move.

30 พ.ค. 2022

บันทึกช่วยจำ

Yesterdays available entries


.......

31.1 did on buying presence, and price have been acting different than the 6 last time into current upper part of the range.
Looking good and expect 32, and then from there would look for a retest of 30.8-31…. Or 29.4 on heavy selling incoming and slamming it back into the range. It is definitely something to consider, and entries around 30.8-31 should be but at breakeven as price go up.



We have been shifting to the second part of the idea.

9 มิ.ย. 2022

บันทึกช่วยจำ

*** From the 30 May '' Looking good and expecting 32, and then from there would look for a retest of 30.8-31…. Or 29.4 on heavy selling incoming and being slammed back into the range ''. -> ✅️

________________________________

And Now.

Last weekly did end bearish dominant telling that It cannot succeed to go pass 32k. And that it is not done with 26-28 yet.
BUT, the way 28.8k has been a pretty good support and the looking at the close of the 6th June and retest 29.2k on the day after that ended on a quick recovery to the upside, that make consider that price could still potentially go for a wicky of 34k-36k before going down back for 26k-28k. And if I could get a buy scalp to 34k-36k and some short opportunities around there I would want to catch it.

Now with the last daily that printed being on a good amount of selling volume, I will for to see how 29.2k ish test back and what kind of volume emerge from it. To see if there could be some more buying interest emerging again for a maybe quick pampi to 34k-36k. But overall, I am still on medium term targeting 26k-28k.

The way I will look for furthermore confirmations is;
- Demand emerging again significantly at 29.2k + break upside 32k-32.2k = 34k-36k as TPs zones.
- Break under 28.8k = going for the test back of 26k-28k.

Either that it goes for the upside or downside first, I will carefully trade it since I expect only to be wicky movements.

As some observations about the beggining of the month and recent unfolding.

Monthly


Weekly


Daily

13 มิ.ย. 2022

บันทึกช่วยจำ

with yesterday berus close, 25.5k would not have made it for the absorption. My next target have been 20k-22k.

16 มิ.ย. 2022

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

18 มิ.ย. 2022

บันทึกช่วยจำ

Here some notes about how the 18k target as another easy great one to catch. And the notes and observations that were made into the last days to catch the move to 18k. Lots were lost about that one.

Daily


4 hour




*** Will make another idea about the next target and the whats. I am targetting 16k-15k...... then 13k-10k if/prob