Kriscrypto

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Kriscrypto

@ArcAngole

Katılım Aralık 2022
158 Takip Edilen15 Takipçiler
Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Curious why you placed the 1 Fib @ $205 and not $193? Is it simply because $205 is inside birth the wedge AND parallel rail structures whereas $193 isn't inside both ? Is that all it is ?
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Eric Van Tassel (Not a Financial Advisor!)
Late March is shaping up as a high-probability resolution window for #ZEC. - Parallel macro rail controlling structure - 1.618 extension aligning with macro .382 - Time and price convergence This isn’t random, it’s engineered. Zoom out and you’ll see the same setup across the board: #BTC, #LTC, #ALGO, #XRP, #XLM, #ETH all pressing multi-year trend rails. Final move? Likely a sweep through those rails to flush retail before reversal. This is a liquidity event, not just a target. #Altseason coming soon after the flush?
Eric Van Tassel (Not a Financial Advisor!) tweet mediaEric Van Tassel (Not a Financial Advisor!) tweet media
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Absolutely true. I started in high tech around Y2K. It was great. Great $, benefits. Then they off-shored our jobs to places that would work for 1/2 the $. Same level of service for the customers ? Not a chance. But $ talks. If I were a plumber I'd still be employed.
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Eric Van Tassel (Not a Financial Advisor!)
My recommendation to any young people that will be entering the work force in the coming years: Learn a Skilled Trade!!! Everyone’s chasing degrees and white-collar jobs. Dump that thought and learn to work with your hands! Skilled trades are getting ignored. Electricians, welders, HVAC techs, machinists, linemen… These jobs are in short supply, pay well, and can’t be replaced by AI. With manufacturing and infrastructure ramping back up, demand is only going higher. If you’re young and unsure what path to take, learn a trade.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist @despiseweakness @rileyontheroad u both have good points. @despiseweakness in at the human brain is built to recognize patterns and we will always see patterns in this. Enough to be bias? Depends on the person. Eric's method makes sense to me. And arent prices moving towards liq. fibs & structures just patterns?
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Eric Van Tassel (Not a Financial Advisor!)
After a major expansion for #ZEC, the macro .382 becomes one of the most important levels in the entire structure. Why? It’s where strong trends reset without breaking It sits in a major liquidity pocket It’s the first level that forces weak hands out It’s where smart money re-positions What just happened wasn’t “the move”, it was liquidity being harvested. Liquidity harvesting doesn’t mean reversal. It often means continuation. Most people see one sweep and call a bottom. Markets usually need more liquidity before they’re done. ZEC hasn’t tapped the .382 yet. The 170 area isn’t bearish, it’s where the structure gets rebuilt.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist "This is where most traders get it wrong. They marry their initial bias instead of adapting as price matures." Nailed it ....
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Eric Van Tassel (Not a Financial Advisor!)
Markets aren’t static, they evolve. What started as a descending triangle with $ZEC has now transitioned into symmetrical compression. Same price but Different structure. Price is having a difficult time at the .702 fib level and now that's where the upper trend rail rests as well. This is where most traders get it wrong. They marry their initial bias instead of adapting as price matures. Good analysis isn’t about being right once. It’s about staying aligned with what price is doing now. Structure shifts and your read should too. That’s the edge that makes a difference in how you analyze the market.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Hey Eric, Not sure about ZEC but I own assets that like to retrace TO somewhere between the .618 & .702. Would applying the same logic here as to where to expect the START of a good sized retrace make sense ? Somewhere between the .618 & .702?
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Eric Van Tassel (Not a Financial Advisor!)
Adopting this descending, parallel structure for #ZEC now shows confluence between the swing high to low fib chart at the .618 and the upper trend rail. We are now seeing a wick into this level as well as over bought RSI. All of this is an example of how the market is not static and that micro structures evolve and change within the macro structure.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Hey Eric Thanks for all the great info. Learned so much from you it's not even funny! Curious though is there a reason that for the bottom rail you set it on the wicks but the top rail you trended the open/close prices? Is it just a matter of having the trend lines align better?
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Eric Van Tassel (Not a Financial Advisor!)
Understand the resistance confluence here with #ZEC. To move up price must get through a trend rail, fib level, and HTF resistance. There's less resistance confluence to the downside. Big volume would need to come in to push price higher. That doesn't mean it can't happen but that's how you have to look at where the current price structure sits.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Correct me if I'm wrong but isn't it common to which just below the 0.618 and close just above it ? That would take out most if not all of that daily order block.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Eric you mentioned the wick from yesterday partially mitigated that daily order block, do you think the price will take out the remaining daily order block down to about $63?
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Hey Eric By "lower levels" do you mean approx. low enough to finish taking out that daily order block around $63 ?
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Eric Van Tassel (Not a Financial Advisor!)
#LTC did extend down in the $60 range as I indicated as a possibility in a previous post. It mitigated a portion of the order block and reversed close to the .618 fib. Price extended beyond the macro structure so I wouldn't expect much more than a liquidity probe at lower levels.
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Actually I stay away from influencers. I've been asking myself the volume thing for a while. Seemed logical but I hear you. Thanks for the reply.
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Eric Van Tassel (Not a Financial Advisor!)
@ArcAngole That makes no difference in the overall structure. Exchange volume means nothing. Most influencers are completely incorrect about that. Price movement is relative to candle volume, which indicates spot buying and selling.
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Eric Van Tassel (Not a Financial Advisor!)
#LTC looks close to the end of its correction. Price is pressing into the lower end of a falling wedge while sitting at the edge of a multi year compression structure. This still reads as exhaustion not breakdown. Once this resolves risk shifts toward upside expansion.
Eric Van Tassel (Not a Financial Advisor!) tweet mediaEric Van Tassel (Not a Financial Advisor!) tweet media
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Was hoping for ur TA on this! Thanks ! If you get bored, a quickie on LTC maybe ? :-)
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Eric Van Tassel (Not a Financial Advisor!)
#XMR Monthly Macro view: This monthly move looks like a classic rising wedge late in the cycle. RSI is stretched and this breakout feels more like a trap than strength. An eventual reset back into the wedge would be healthy and normal structure. Until there is real acceptance higher, which requires a retest and price acceptance above the top of the wedge, this looks like distribution not impulse. From the low to the recent high, price has risen over 360,000%
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Eric Van Tassel (Not a Financial Advisor!)
Here's the bottom line right now on #ZEC Price is consolidating after a sharp displacement, compressing into overhead supply while leverage is being worked off. Structure is still forming. Patience is recommended:)
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Hey Eric, which indicator besides Order block Detector are you using ? I'm trying to figure out how you see liquidity around 470 on CB.
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milenisco
milenisco@milenisco13571·
@XRPathologist Amazing how a nightwalk with an enjoyable person or a chill music can IMPROVE your mood (including the next day). If youre reading this, especially crypto guys who spend all day on computer, go for a walk. It will change your life. Have great night Eric, nothing like fresh air
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Eric Van Tassel (Not a Financial Advisor!)
We are so blessed to live in one of the most beautiful Christmas cities in the country! My wife and I had some dinner downtown and came to the city park to enjoy the lights! #ZEC
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Kriscrypto
Kriscrypto@ArcAngole·
@XRPathologist Beautiful. Don't want to dox you but is Christmas with no snow normal where you are ?
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