Thread by @youngcryptowolf, 1.) #Compound #comp $comp- 4hour: price respecting channel pattern, and now looking [...]

1.) #Compound #comp $comp
- 4hour: price respecting channel pattern, and now looking to form a double bottom at our previous breakout zone. momentum in favor of the bulls with no signs of a reversal, expecting price to continue up from here

2.) #Compound #comp $comp
- 4hour: price action has already broken out of its dynamic resistance, momentum heavily in favor of the bulls with no signs of a reversal. expecting price to continue towards our next major resistance

3.) #Compound #comp $comp
- 4hour: price continuing to test our dynamic resistance, momentum in favor of the bears. expecting price to do some minor consolidation at this level before heading towards $200

4.) #Compound #comp $comp
- 4hour: price rejected from dynamic resistance, and now looking to confirm support. momentum in favor of the bears as well, and looking for support. expecting price to consolidate at this level and establish support

5.) #Compound #comp $comp
- 4hour: price action continued to sell-off until our dynamic midline. now looking to confirm support, momentum looking for support as well. looks like a nice level for a bounce

6.) #Compound #comp $comp
- 4hour: price continuing to test our dynamic support, momentum starting to shift in favor of the bulls. starting to see some early bulls take positions

6.) #Compound #comp $comp- 4hour: price continuing to test our dynamic support, momentum starting to shift in favor of the bulls. starting to see some early bulls take positions

7.) #Compound #comp $comp
- 4hour: price broke out of its dynamic resistance and looks to be retesting for support. momentum in favor of the bulls, however, it does look like it wants to cool off. expecting to see some further consolidation at this dynamic reistance

8.) #Compound #comp $comp
- 4hour: price now in the middle of its cool off, looking to confirm support before continuing to the upside. momentum has also shifted in favor of the bears, expecting to see some further consolidation

9.) #Compound #comp $comp
- 4hour: price continuing to consolidate, & establish support. momentum looking to form a higher low, expecting price to bounce from this level

9.) #Compound #comp $comp- 4hour: price continuing to consolidate, & establish support. momentum looking to form a higher low, expecting price to bounce from this level

10.) #Compound #comp $comp
- 4hour: price action bouncing off the support drawn, momentum heavily in favor of the bulls with no signs of a reversal. expecting price to retest $200, followed by a minor cool off

11.) #Compound #comp $comp
- 4hour: price hit the $200 target, and is now in the middle of its retracement

momentum looking to cool off as well. looking for a confirmation of support around this zone, before continuing to the upside

11.) #Compound #comp $comp- 4hour: price hit the $200 target, and is now in the middle of its retracement momentum looking to cool off as well. looking for a confirmation of support around this zone, before continuing to the upside

12.) #Compound #comp $comp
- 4hour: price continues to consolidate above the support zone, momentum looking to form a higher low. expecting to see some further consolidation before continuing to the upside

13.) #Compound #comp $comp
- 4hour: price continues to consolidate above the support zone, now looking to continue to the upside. a bullish engulfing at this level and expect price to continue to the upside

14.) #Compound #comp $comp
- 4hour: price continued as high as $211, momentum remains in favor of the bulls. expecting to see a minor retracement at this level before continuing to the upside

14.) #Compound #comp $comp- 4hour: price continued as high as $211, momentum remains in favor of the bulls. expecting to see a minor retracement at this level before continuing to the upside

15.) #Compound #comp $comp
- 4hour: price hit the (r2) target, and is looking to cool off. momentum in favor of the bulls, however looking to take a water break. expecting to see some consolidation at this level before continuing to the upside

15.) #Compound #comp $comp- 4hour: price hit the (r2) target, and is looking to cool off. momentum in favor of the bulls, however looking to take a water break. expecting to see some consolidation at this level before continuing to the upside

16.) #Compound #comp $comp
- 4hour: price action continuing to consolidate, looks like a higher low is forming. momentum looking for support, expecting to see another push to the upside from here

16.) #Compound #comp $comp- 4hour: price action continuing to consolidate, looks like a higher low is forming. momentum looking for support, expecting to see another push to the upside from here

17.) #Compound #comp $comp
- 4hour: there she goes, momentum heavily in favor of the bulls with no signs of slowing down. expecting to see some minor consolidation before continuing towards $250

17.) #Compound #comp $comp- 4hour: there she goes, momentum heavily in favor of the bulls with no signs of slowing down. expecting to see some minor consolidation before continuing towards $250

18.) #Compound #comp $comp
- 4hour: price action going parabolic, momentum remains heavily in favor of the bulls. looking for a minor retracement at this level before continuing towards $280

18.) #Compound #comp $comp- 4hour: price action going parabolic, momentum remains heavily in favor of the bulls. looking for a minor retracement at this level before continuing towards $280

19.) #Compound #comp $comp
- 4hour: price now looking to form a higher low and continue to the upside, momentum looking for support. expecting to see some support establish here before continuing towards $300

19.) #Compound #comp $comp- 4hour: price now looking to form a higher low and continue to the upside, momentum looking for support. expecting to see some support establish here before continuing towards $300

20.) #Compound #comp $comp
- 4hour: price found resistance inside the $260 zone, momentum has shifted in favor of the bears with no signs of a reversal. waiting for a confirmation of direction before the next move

20.) #Compound #comp $comp- 4hour: price found resistance inside the $260 zone, momentum has shifted in favor of the bears with no signs of a reversal. waiting for a confirmation of direction before the next move

21.) #Compound #comp $comp
- 4hour: price now looking to confirm support, momentum also looking to bottom out. waiting for momentum to shift in favor of the bulls, expecting to see a push towards $240

21.) #Compound #comp $comp- 4hour: price now looking to confirm support, momentum also looking to bottom out. waiting for momentum to shift in favor of the bulls, expecting to see a push towards $240

22.) #Compound #comp $comp
- 4hour: price bounced & formed a lower high, now looking to find support again. momentum in favor of the bears with no signs of a reversal. ideally would like to see a bounce off this level, but we could see price continue to sell-off towards the zone

23.) #Compound #comp $comp
- 4hour: price action kissed the previous support zone, and now looking to confirm support. momentum looking to shift in favor of the bulls, a close above (r2) is a good sign price continues to the upside

23.) #Compound #comp $comp- 4hour: price action kissed the previous support zone, and now looking to confirm support. momentum looking to shift in favor of the bulls, a close above (r2) is a good sign price continues to the upside

24.) #Compound #comp $comp
- 4hour: price continuing to sell-off, momentum has bottomed out. price action looking for a confirmation of support, looking for a retracement off the dyanmic suport shown

24.) #Compound #comp $comp- 4hour: price continuing to sell-off, momentum has bottomed out. price action looking for a confirmation of support, looking for a retracement off the dyanmic suport shown

25.) #Compound #comp $comp
- daily: price looking to leave a doji candle, about 20mins till closing. momentum looking for support, expecting to see some consolidation at this level

25.) #Compound #comp $comp- daily: price looking to leave a doji candle, about 20mins till closing. momentum looking for support, expecting to see some consolidation at this level

26.) #Compound #comp $comp
- daily: price action continuing to sell-off, momentum looking for support. looking for some consolidation at this level before its next move

26.) #Compound #comp $comp- daily: price action continuing to sell-off, momentum looking for support. looking for some consolidation at this level before its next move

27.) #Compound #comp $comp
- daily: price continuing to sell-off with no signs of a reversal. momentum in favor of the bears will wait for a confirmation of support. possible bounce off $150

28.) #Compound #comp $comp
- daily: price now looking for support, momentum looking to bottom out. looking for price to bounce at this level, will wait for a confirmation

29.) #Compound #comp $comp
- daily: price has confirmed support on the smaller timeframe, momentum looking to shift in favor of the bulls. looking for a retest of midline resistance

30.) #Compound #comp $comp
- daily: price continuing to establish support, momentum looking to confirm support as well. price action currently retesting previous resistance as support before continuing to the upside

31.) #Compound #comp $comp
- daily: price action starting to turn bullish, momentum looking to shift in favor of the bulls. looking to see some continuation towards midline resistance

31.) #Compound #comp $comp- daily: price action starting to turn bullish, momentum looking to shift in favor of the bulls. looking to see some continuation towards midline resistance

32.) #Compound #comp $comp
- daily: price now in the middle of a retracement, momentum looking to bottom out. looking to see a small retracement to the downside before continuing towards midline resistance

32.) #Compound #comp $comp- daily: price now in the middle of a retracement, momentum looking to bottom out. looking to see a small retracement to the downside before continuing towards midline resistance

33.) #Compound #comp $comp
- daily: price now in consolidation on the smaller timeframes, momentum has bottomed out. looking to see price action continue towards midline resistance from here

33.) #Compound #comp $comp- daily: price now in consolidation on the smaller timeframes, momentum has bottomed out. looking to see price action continue towards midline resistance from here

34.) #Compound #comp $comp
- daily: price continues to consolidate on the smaller timeframes, momentum looking to confirm support. looking for some further consolidation before to the upside

34.) #Compound #comp $comp- daily: price continues to consolidate on the smaller timeframes, momentum looking to confirm support. looking for some further consolidation before to the upside

35.) #Compound #comp $comp
- daily: price continuing to consolidate, however establishing support on the smaller timeframes. momentum looking to shift, expecting a push towards midline resistance

35.) #Compound #comp $comp- daily: price continuing to consolidate, however establishing support on the smaller timeframes. momentum looking to shift, expecting a push towards midline resistance

36.) #Compound #comp $comp
- daily: price continuing to consolidate, momentum has bottomed out. looking for some more minor consolidation before continuing to the upside

36.) #Compound #comp $comp- daily: price continuing to consolidate, momentum has bottomed out. looking for some more minor consolidation before continuing to the upside

37.) #Compound #comp $comp
- daily: price continuing to consolidate, looking to confirm support. momentum looking to shift, expecting some further consolidation before pushing to the upside

38.) #Compound #comp $comp
- daily: price made a quick retracement towards (s1) before immediately retracing back to the upside. momentum looking to confirm support, looking for some more consolidation before continuing to the upside

39.) #Compound #comp $comp
- daily: price action confirmed support on the smaller on timeframes, momentum looking to shift in favor of the bulls. looking for a push towards midline resistance

40.) #Compound #comp $comp
- daily: price action now starting to look bullish on the higher timeframe, momentum looking to shift, expecting a push towards midline resistance

40.) #Compound #comp $comp- daily: price action now starting to look bullish on the higher timeframe, momentum looking to shift, expecting a push towards midline resistance

41.) #Compound #comp $comp
- daily: price slowly continuing to push to the upside, momentum starting to shift in favor of the bulls. looking for a close above (r0) to confirm further movement to the upside

41.) #Compound #comp $comp- daily: price slowly continuing to push to the upside, momentum starting to shift in favor of the bulls. looking for a close above (r0) to confirm further movement to the upside

42.) #Compound #comp $comp
- daily: price now in the middle of a retracement, momentum slowly continuing to shift in favor of the bulls. looking for some minor consolidation before continuing to the upside

42.) #Compound #comp $comp- daily: price now in the middle of a retracement, momentum slowly continuing to shift in favor of the bulls. looking for some minor consolidation before continuing to the upside

43.) #Compound #comp $comp
- daily: price continuing to consolidate, momentum looking to confirm support. expecting some further consolidation before the next leg to the upside

43.) #Compound #comp $comp- daily: price continuing to consolidate, momentum looking to confirm support. expecting some further consolidation before the next leg to the upside

44.) #Compound #comp $comp
- daily: price continues to consolidate, momentum continues to look for support. looking for some further consolidation before continuing to the upside

44.) #Compound #comp $comp- daily: price continues to consolidate, momentum continues to look for support. looking for some further consolidation before continuing to the upside

45.) #Compound #comp $comp
- daily: price action looking to confirm support, momentum looking for support as well. expecting to see some more consolidation

45.) #Compound #comp $comp- daily: price action looking to confirm support, momentum looking for support as well. expecting to see some more consolidation

46.) #Compound #comp $comp
- daily: price remains to consolidate, momentum looking to confirm for support. expecting to see some further consolidation, followed by a push towards the midline resistance

46.) #Compound #comp $comp- daily: price remains to consolidate, momentum looking to confirm for support. expecting to see some further consolidation, followed by a push towards the midline resistance

47.) #Compound #comp $comp
- daily: price action now in the middle of a sell-off, momentum remains in favor of the bears. price not showing any signs of slowing down will wait for a confirmation

47.) #Compound #comp $comp- daily: price action now in the middle of a sell-off, momentum remains in favor of the bears. price not showing any signs of slowing down will wait for a confirmation

48.) #Compound #comp $comp
- daily: price continues to be in a minor sell-off, momentum looking for support. expecting to see some further consolidation at this level, followed by a double bottom fomation

48.) #Compound #comp $comp- daily: price continues to be in a minor sell-off, momentum looking for support. expecting to see some further consolidation at this level, followed by a double bottom fomation

49.) #Compound #comp $comp
- daily: price continuing to consolidate, momentum looking to confirm support. looking for price action to begin forming its double bottom

49.) #Compound #comp $comp- daily: price continuing to consolidate, momentum looking to confirm support. looking for price action to begin forming its double bottom

50.) #Compound #comp $comp
- daily: price action continuing to consolidate, momentum looking for support. expecting to see a double bottom form at this level, looking for some consolidation

50.) #Compound #comp $comp- daily: price action continuing to consolidate, momentum looking for support. expecting to see a double bottom form at this level, looking for some consolidation

51.) #Compound #comp $comp
- daily: another bullish engulfing on the daily, with momentum shifting in favor of the bulls. looking for price to make its way towards the midline resistance

51.) #Compound #comp $comp- daily: another bullish engulfing on the daily, with momentum shifting in favor of the bulls. looking for price to make its way towards the midline resistance

52.) #Compound #comp $comp
- daily: price slowly making its way to the upside, momentum in favor of the bulls, and looking to continue. expecting to see price continue towards midline resistance

52.) #Compound #comp $comp- daily: price slowly making its way to the upside, momentum in favor of the bulls, and looking to continue. expecting to see price continue towards midline resistance

53.) #Compound #comp $comp
- daily: price action continuing to consolidate, momentum slowly picking up. looking for price to continue to the upside in the following days

53.) #Compound #comp $comp- daily: price action continuing to consolidate, momentum slowly picking up. looking for price to continue to the upside in the following days

54.) #Compound #comp $comp
- daily: price continues to consolidate, momentum formed a double bottom looking to pick up. studying to see a double bottom form at this level before continuing towards (r0)

54.) #Compound #comp $comp- daily: price continues to consolidate, momentum formed a double bottom looking to pick up. studying to see a double bottom form at this level before continuing towards (r0)

55.) #Compound #comp $comp
- daily: price action continues to consolidate, momentum slowly picking up. will wait for a confirmation, of support before the next direction

55.) #Compound #comp $comp- daily: price action continues to consolidate, momentum slowly picking up. will wait for a confirmation, of support before the next direction

56.) #Compound #comp $comp
- daily: price action continues to consolidate, momentum looking for support as well. looking for a reversal on the smaller timeframes from this level, otherwise some further consolidation

56.) #Compound #comp $comp- daily: price action continues to consolidate, momentum looking for support as well. looking for a reversal on the smaller timeframes from this level, otherwise some further consolidation

57.) #Compound #comp $comp
- daily: price action selling off, omentum looking to confirm support. ideally would like to see a bounce off dynamic support. sitting on my hands until a confirmation

57.) #Compound #comp $comp- daily: price action selling off, omentum looking to confirm support. ideally would like to see a bounce off dynamic support. sitting on my hands until a confirmation

58.) #Compound #comp $comp
- daily: price continues to sell-off, momentum looking for support. no signs of a reversal yet will continue to wait for a confirmation of support before entry

58.) #Compound #comp $comp- daily: price continues to sell-off, momentum looking for support. no signs of a reversal yet will continue to wait for a confirmation of support before entry

59.) #Compound #comp $comp
- daily: price now looking to establish support, momentum looking for support as well. will wait for a confirmation before price action next direction

59.) #Compound #comp $comp- daily: price now looking to establish support, momentum looking for support as well. will wait for a confirmation before price action next direction

60.) #Compound #comp $comp
- daily: price continues to bounce off this level on the smaller timeframes, momentum looking to shift. ideally would like to see a bullish reversal at this price point

60.) #Compound #comp $comp- daily: price continues to bounce off this level on the smaller timeframes, momentum looking to shift. ideally would like to see a bullish reversal at this price point

61.) #Compound #comp $comp
- daily: today's daily candle now looking to confirm support. momentum starting to shift in favor of the bulls. expecting price to bounce off this level and continue towards the upside

* #64 will end the thread *

61.) #Compound #comp $comp- daily: today's daily candle now looking to confirm support. momentum starting to shift in favor of the bulls. expecting price to bounce off this level and continue towards the upside* #64 will end the thread *

62.) #Compound #comp $comp
- daily: price action now looking to continue to the upside, momentum looking to shift in favor of the bulls. looking for today's daily candle to hold its higher low structure before making to the upside

62.) #Compound #comp $comp- daily: price action now looking to continue to the upside, momentum looking to shift in favor of the bulls. looking for today's daily candle to hold its higher low structure before making to the upside

63.) #Compound #comp $comp
- daily: price action now retesting the major support level, momentum looking to shift in favor of the bulls. ideally would like to see a reversal at this level, will to sit on the sidelines

63.) #Compound #comp $comp- daily: price action now retesting the major support level, momentum looking to shift in favor of the bulls. ideally would like to see a reversal at this level, will to sit on the sidelines

64.) #Compound #comp $comp
- daily: price continues to consolidate, momentum in favor of the bulls. looking for some further consolidation followed by a confirmation of support

64.) #Compound #comp $comp- daily: price continues to consolidate, momentum in favor of the bulls. looking for some further consolidation followed by a confirmation of support

65.) #Compound #comp $comp
- daily: price continuing to consolidate, momentum in favor of the bulls, and looking to continue. waiting for a bullish reversal at this level

65.) #Compound #comp $comp- daily: price continuing to consolidate, momentum in favor of the bulls, and looking to continue. waiting for a bullish reversal at this level

66.) #Compound #comp $comp
- daily: price continues to consolidate, momentum remains in favor of the bulls looking to cool-off. expecting to see some further consolidation before price action's next move

66.) #Compound #comp $comp- daily: price continues to consolidate, momentum remains in favor of the bulls looking to cool-off. expecting to see some further consolidation before price action's next move

67.) #Compound #comp $comp
- daily: price action continues to consolidate, momentum in favor of the bulls with no signs of slowing down. looking for price to retest midline resistance

67.) #Compound #comp $comp- daily: price action continues to consolidate, momentum in favor of the bulls with no signs of slowing down. looking for price to retest midline resistance

68.) #Compound #comp $comp
- daily: price now looking to continue to the upside, momentum in favor of the bulls with no signs of slowing down. looking for a retest of midline resistance

* #70 will end the thread *

68.) #Compound #comp $comp- daily: price now looking to continue to the upside, momentum in favor of the bulls with no signs of slowing down. looking for a retest of midline resistance* #70 will end the thread *

69.) #Compound #comp $comp
- daily: price now continuing to push to the upside, momentum in favor of the bulls with no signs of a reversal. expecting to so price continue towards midline resistance

* #70 will end the thread *

69.) #Compound #comp $comp- daily: price now continuing to push to the upside, momentum in favor of the bulls with no signs of a reversal. expecting to so price continue towards midline resistance* #70 will end the thread *

70.) #Compound #comp $comp
- daily: price continues to consolidate, momentum in favor of the bulls with no signs of slowing down. expecting to see some further consolidation before its next break

* end thread *

70.) #Compound #comp $comp- daily: price continues to consolidate, momentum in favor of the bulls with no signs of slowing down. expecting to see some further consolidation before its next break* end thread *

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