2nd Day of 30 Days Analyzing Charts

Spot Trading

September 26,2021

What to look for?

1. On weekly time frame, price is on what level of Fibbonacci?

2. Asset's state on daily time frame, is it good for holding? Use Phila 4 EMA.

3. Do the price touch the EMA 13,21 with cross, 50 EMA act as support? Does it conclude a change in trend? Find confluence for possible Swing trade entry.

Move to 4HR Chrt

4. Use Fibbonacci. On what level price falls. Where is the confluence of weekly and 4 HR Fibs.

5.Possibe range, supply and demand zone. List the confluence of weekly and 4 HR Fibs.

6. What pattern showing on the 4HR Chart.

7. Obseve Price movement, momentum, Volume

8. Move to 1HR TF draw another Fib. for possible entry on levels. EMA 13,21 acting as S/R.

9.. Find entry.

  a. If there is an EMA 13,21 Cross, 50 EMA acting S/R on Daily timframe, use 200 EMA on 4HR.

       b. Is it acting as S/R? Is there a bounce? Is it conclude change in trend? Find confluence for                       possible swing entry. Must have confluence with momentum, OBV, Volume, Restest on                               levels/patterns.

               c. Wait for bullish cross. Entry on Bounce froun EMA 200. Find Confluence on OBV,                                 Significant levels and Volume.

1. BTC/USDT

1. Candle's wick is below 0.382 Level. Price of 42K.

2. EMA 13 is below EMA 21 and 50 but still above EMA !80. Squeze on PhilaEMA, Signals downtrend.

3.EMA 13 bearish crosss 21 and 50 EMA likely to act as resistance.Signals downtrend.

4. Price is below 0.238 level on 4HR Fibbs. Wait for price to bounce or breakout. 

5. Significant level identified where price is likely to bounce or breakout.

6.. Downtrend line Identified, Like bearish pennant due to high volume for selling.

    a. 13,21 bearish cross on Daily TF. 200 EMA breaksdown on previous swing high. 

        b.Current swing 13 bearsih cross 50 EMA, 200 EMA Acts now as resitance. Signifies downtrend.

7.. Waiting for price movement. High volume on bearish candle. Trend line resistance is likely to test.

8.  Still waiting for price movement on 1HR TF. wait to test levels and EMA Cross. 

9.  Wait for Price to test levels.

2. ETH/BUSD

1. Candle below 0.382 level, Price at 24K.

2.13 EMA below 21 and 50 ema acting as resistance but still above 200 180 EMA

3. Bearish cross signals downtrend. Signals dip as it soon crossbelow 180 EMA

4. Price below 0.238 level. Counfluence on weekly and 4hr fibss identified and marked.

5. Downtrend line identified

6.Possible supply and demand zone identfied

    a. EMA is below all EMA on 4hrs.

        b. current price may conclude change in trend, dip

7. Bearish cross of EMA 13 on 21,50, and 180.

8.High volume on bearish candle, high selling pressure

9. Waiting for bullish cross. Entry on Bounce froun EMA 200

3. ADA/USDT

1. Current candle testet 0.618 level. Price now at 0.786 level price of 2.24

2.. 13 EMA crossess below 21 and about to cross below 50 EMA. Still above EMA 180 on Daily.

3. Bearish cross of 13 and 21 EMA 50 is likely to become a resistance.

4. Price is above 0.236 level price of 2.42

5. Level identify with the confluence of weekly Fibbs.

6. Trend Line on 4HR Chart

7. Price is likely to bounce from support until a breakout or breakdown.

8.  Wait for Price movement

9. Entry on Major Retracement on 4HR Chart.

4. BNB/BUSD

1. Weekly Candle Touched the 0.236 fibb level.

2.. EMA 13 crossess below EMA 21,50 an still above EMA 180.

3.. EMA crossess EMA 21, 50 EMA 200 is likely to become resistance. Concludes donwtrend. 

4. Price is below 0.236 Level,abour to test 0.33 level.

5. Significant levels identified

6. Donwtrend Line

7. Price is likely to reject by the resistance weekly level. Volume on Bearish candle decreasing.

8. Price still on downtrend.

9. Entry on EMA Bullish Cross. 200 EMA act as support. Candle Confirmation, Volume Confirmation, OBV Divergence Confirmation. S/R Confirmation.

5. XRP/BUSD

1. Price is above 0.236 level. 0.91 price

2. EMA 13 crossess below EMA 21,50. Still above EMA 180. Good to hold after squeeze then breakout.

3. EMA 13 crosess below EMA 21, about to cross below 180.

4. Price is falling from 0.326 level to lower level/

5.Significant level identified

6.Chart shows downtrend line.

7. Price is likely to go up, then false breakout.

8.Possible long entry on a EMA Cross above.

9. Long entry After breaking out, on bounce from previous resistance.

6.SOL/BUSD

1. Candle wick passed 2.618 level

2. NO squeeze on Phila4EMA, no possible HODL entry.

3.Price still on uptrend. No EMA cross. EMA 13 is like to cross below EMA 21.  Possible daytrade entry short.

4. price is below 0.236 level.

5.Significant level identified price trying to test it.

6.Downtrend line going to test by price.

7. Price is testing levels.Since we're doing Spot, we should  focus on looking for buullish cross and breakouts more.

8.13EMA Cross above 200EMA

9. Wait for breakout and confluence of Volume, OBV divergence, Suppport and resistance, bullish cross before entering.

7.DOT/BUSD

1. Candles wick touch at 0.382 and 0.5 Fibbs.

2. No squeeze, price is likely to go deeper. not good for HODL entry. Wait for 13EMA to go down and breakout. Before HODL

3. EMA 13 and EMA 21 is likely to Bearsih cross at daily level. could be a short entry. But since we     are  on Spot Market, we should ony trade long on major reversal at Bear Market. Hea and shoulders pattern on daily. Decreasing volume. OBV  divergence.

4.  Candle at 0.382 level

5. Significant Levels identified

6.  Symmettrical triangle pattern, likely to breakdown due to high volume of bearish candles.

7. Likely to breakdown due to high volume of bearish candles.

8. Entry should be made after a breakout, or bounce from the pattern.

9.Long entry only on major reversal due to bear trend at Spot market. Entry on EMA bullish cross, with confluence  of  Volume, Candle, S/R, Levels, and OBV.

8. AVAX/BUSD

1.  Price is at 1.72 level of resistance.

2. Price still on uptrend no Squezes on Phila 4EMA

3. No cross of EMA 13 and 21

4. Price is at 0.618 level

5. Range Identified and trend identified.

6. Uptrend Line

7. Price OBV Divergence bearish, Price is likely to go down.

8. Trade should be at the level of range.

9. Trade with donfluence.

9. LUNA/BUSD

1.