Chart Kitchen – Telegram
Chart Kitchen
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👑#BTC update:

After a flash crash caused by cascading liquidations, BTC is back around the cloud's top. I think everyone was caught off-guard by this one - usually flash crashes are preceded by a quick climb in open interest (unsettled derivative contract count) and high futures funding rates - BTC had neither this time. OI climb was steady before it got completely wiped out.

There isn't even any prominent bearish narrative, and the OI is back to levels not seen since the start of August. Because of this, I don't think another leg down is likely. It's all very unusual though, difficult to make any predictions here. BTC is at support now - cloud's top, 50EMA. If the current support fails, the next support level is at $41100 - daily kijun and 200EMA confluence.

https://www.tradingview.com/x/dgSVvxNy/
🔥New public call posted on Chart Kitchen.🔥

❗️📣 DOT/BTC 🔔❗️

Potential kumo breakout here. Showing strength while BTC retraces. Another L1 that was largely ignored by the market for months - looks like it's time has come.
Entry: 69400
SL: 58900
TP1: 81000
TP2: 99900
TP3: 117830

https://www.tradingview.com/x/X6GqbBaW/
DOT update:

💰🔥 TP1 hit! 🔥💰

Public call 🆓. Called yesterday. 17% up. 🥂

If you take profits here, try to rebuy cheaper - the hype is only starting, this still has long ways to go.
Now: https://s3.tradingview.com/snapshots/2/2xZXhwj4.png
Entry: https://s3.tradingview.com/snapshots/x/X6GqbBaW.png
Call link: https://discord.com/channels/690955085127221308/691823346010292245/886395448435298314
👑#BTC update:

First bullish sign since the Sep 7th drop. Pattern breakout failure usually means that a move in the other direction is coming. In this case, the bear pennant failed to break down - got immediately bought back up. Turning bullish. 🥂

https://s3.tradingview.com/snapshots/p/PnPFSq6W.png
If you were waiting for 41k, its probably best to just buy here, with SL at $43350. Closest resistance levels: daily tenkan at $47880, psychological resistance at $50000.
👑#BTC update:

Almost at the resistance here. Good job if you paid attention to the yesterday's BTC call and longed the bounce!

https://s3.tradingview.com/snapshots/b/bGEf2XLc.png
🔥New public call posted on Chart Kitchen.🔥

❗️📣 AVAX/BTC 🔔❗️

Ridiculously clean looking chart, perfect 4h kijun bounce, S/R flip.

Entry: 114300
SL: 104900
TP1: 149900
TP2: 169000

https://s3.tradingview.com/snapshots/k/k2gZd2qs.png
👑#BTC update:

Daily tenkan touch. Resistance level is here.

https://s3.tradingview.com/snapshots/j/JhFPSfOF.png
👑#BTC update:

Resistance acting as resistance should. Good job if you paid attention yesterday and took some profits. Closest support now - 4h cloud's bottom at $46800. Crossing $48500 would be an opportunity for a long - current resistance level getting broken.

https://s3.tradingview.com/snapshots/h/hUpw6jHp.png
👑#BTC update:

Cloud's bottom support touched, as mentioned in the post above. Should bounce around here.

https://www.tradingview.com/x/omWA5dxb/
CELR update:

💰🔥 TP2 hit! 🔥💰

Called only 8 days ago, last TP hit. Trade closed. 80% up from entry.
Now: https://s3.tradingview.com/snapshots/1/1V870Yfc.png
Entry: https://s3.tradingview.com/snapshots/y/YkVlldDH.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/885644127641931826
LUNA update:

Stopped.

Called yesterday, stopped at -6% below entry. Too bad. If it bounces now, it'll be an opportunity to rebuy and adjust SL.
Now: https://s3.tradingview.com/snapshots/y/yTBrGA5G.png
Entry: https://s3.tradingview.com/snapshots/0/0jVy4Vdx.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/888170297998602240
DOT update:

If you took profits at TP1, now is the perfect time to rebuy. Kumo breakout followed by a cloud's top touch - bull trend confirmation. Sell if it closes inside cloud. (Public call)
Now: https://s3.tradingview.com/snapshots/6/6TVxLKDP.png
Entry: https://s3.tradingview.com/snapshots/x/X6GqbBaW.png
Call link: https://discord.com/channels/690955085127221308/691823346010292245/886395448435298314
👑#BTC update:

Previous message posted at the exact bottom. Pretty neat how precisely BTC respects the cloud lately. Next stop 50k.

https://www.tradingview.com/x/C0bVQ7as/
👑#BTC update:

Another cloud's top touch, bounce, continuation towards 50k. Not much to update today.

https://www.tradingview.com/x/3mI9tcd7/
👑#BTC update:

Taking a bit longer than expected, dropped back in the cloud - consolidation continues. Once again, cloud's bottom edge is where your buy orders should be. At the moment, it's at $46650.

https://www.tradingview.com/x/NN2WqX8w/
STX and SXP stopped, rebuying immediately. Pretty sure this is the BTC bottom. Will post the calls on <#692046098113757274>