Chart Prophets

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Chart Prophets

Chart Prophets

@ChartProphets

Free trading setups, here to help you learn and navigate these treacherous waters. #ChartProphet

Joined Nisan 2021
1.8K Following3.3K Followers
Chart Prophets
Chart Prophets@ChartProphets·
#BTCUSD Higher high made, failed backtest of the weekly. Then two lower highs made and we get a huge rejection. Technical analysis is amazing. #ChartProphet
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Chart Prophets@ChartProphets·
#BTCUSD If you aren't paying attention to these levels... I don't know what to say to you. Our swing level is being shown huge respect. #ChartProphet
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Chart Prophets@ChartProphets·
#BTCUSD Forgot to check a timeframe lower. On the 5m chart you can see the swing level serving as clear resistance. On the 15 they just look like wicks and it's hard to see the Lower High being made.
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Chart Prophets@ChartProphets·
#BTCUSD If #Bitcoin can reclaim the swing level with a successful backtest then there is room for more upside, but for now it looks very weak. If you're not in short positions then I would not look to enter here. #ChartProphet
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Chart Prophets@ChartProphets·
#BTCUSD #Bitcoin battling between the daily and weekly. I would wait for a sign of strength, a reclaim and backtest of the weekly would be a sign that this can go higher. Otherwise stay cautious. #ChartProphet
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Chart Prophets@ChartProphets·
#APEUSDT ApeCoin looks very weak, it's currently sitting at the VAL of its entire ByBit trading range. I think a good opportunity would be to watch for a reaction at the 0.618 expansion which also is where price previously consolidated before making a move up. #ChartProphet
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Chart Prophets@ChartProphets·
#ETHUSDT Price broke below our parallel channel and found support at a Daily Level.. I would be looking for a short opportunity on the backtest of the channel or on the speed fan. Tread carefully.. #ChartProphet
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Chart Prophets@ChartProphets·
#BTCUSD As said, Bitcoin likes to form these trading ranges after impulsive moves. Let's see if the upper trend reversal pockets get some respect.
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Chart Prophets@ChartProphets·
#ETHUSDT We got a perfect bounce from the bottom of the parallel channel. Looks like we finally have some support here, let's see if we can get a sign of strength and continue higher.
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Chart Prophets@ChartProphets·
#APEUSDT Ape gave us a fantastic opportunity on the backtest of the POC + .66 + Speed Fan. The next region of support I'm looking at is the VAL of the entire trading range of the pair on Bybit. If ETH starts to bounce, I expect Altcoins to show some strength. #ChartProphet
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Chart Prophets@ChartProphets·
#ETHUSDT #Ethereum at some pretty strong support here. .66 speed fan + monthly level. If BTC finds some sort of support here, then I expect Ethereum to lead the way for the bounce. If ETH can't hold this region as support, we have much lower to go. #ChartProphet
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Chart Prophets@ChartProphets·
#BTCUSD #Bitcoin just broke below our parallel channel. I would not consider any swing positions now since we are creating a new trading range. This is why you must always have Stop Losses. Let's see if we form a LTF trading range here. #ChartProphet
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Chart Prophets@ChartProphets·
#BTCUSD Back in the green zone, looks like a successful backtest of the weekly level. Let's see if we can reclaim the golden pocket for more upside, or get an opportunity to enter a short position. #ChartProphet
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