DickDandy

DickDandy

Hello all, I’d like to provide a visual representation of a method we can use to understand and predict stop hunts / liquidation moves on bitcoin - these mysterious and hard to capture phenomenon we all experience at seemingly random times. Here I show blocks of orders - which I separate if we have a candle retracement overlapping the block. We can see this...

DickDandy

Hello everyone, This is a result of about a year of analysis on Bitcoin, and I will explain my take. First and foremost let’s understand the timing of the market - we have several large conduits this week - most importantly the NVIDIA earnings report in just a few hours. This news conduit should be fuel to see volatility enter the bitcoin chart. Bitcoin has...

DickDandy

What impact does futures have on the price of bitcoin? These red order blocks are long position stop losses. Leveraged sized sell orders that move the price by the entire leveraged position size or long orders. See how there are virtually no gaps at all in between these order blocks - which should transpire is a lightning fast chain reaction as these orders get...

DickDandy

Purple trendline shows BTC $10,000 interest. Chart is loaded with sell orders taking price to that level and making it possible

DickDandy

Orange trendline is a sinister and sneaky HTF trendline that has many interactions proving its validity. Exercise caution.

DickDandy

A detailed explanation of this trade can be found on my previous posts!

DickDandy

In this write up I will explain how we can extrapolate our knowledge of stop loss orders to understand the automatic execution of what are known as forced liquidations or stop hunts. We will understand the mechanics of how Bitcoin can achieve such speed of movement and how to predict these events by reading the charts with a unique perspective of pre-design of...

DickDandy

On my chart here we can see bitcoin sitting inside and holding the support of an inconspicuous ascending parallel channel. The top level forms the neckline of an inverted head and shoulders pattern in which the right shoulder formation would drop Bitcoin to the lower target marked. This move would effectively reclaim all liquidity on the chart in a three part...

DickDandy

Bitcoin is set up to perform a two way liquidation any moment now - as it corresponds to DXY. The chart is loaded with stop orders shown respectively as buy orders in green and sell orders in red. This is how the chart engineers such moves to perform at such speed without reliance on retail traders at all - the orders are embedded in the chart itself. Think...

DickDandy

The details of this analysis - an endeavour of mine that began its work in early January - can be read on my last post. The US Dollar is showing signs of setting up a bearish head and shoulders, a major reversal idea leading to an entry of a 6-10 month bull run. Here are the numbers for the short liquidation - first lead by a wick long to the entry. I expect...

DickDandy

Short levels on chart - bottom of a bull market On the bitcoin chart we could see early signs of a pattern forming since January, which is this inverted head and shoulders on the daily chart. The reason why Bitcoin has never recovered the zones shown on the second image is to implant the chart with a liquidation trap. **HERE IS HOW IT HAS BEEN...

DickDandy

Analyzing the relationship between DXY and BTC - We can anticipate some manipulation to occur and I have a high conviction that this short will play out

DickDandy

Since January 4, when BTC first rose out of its bear pennant breakdown on the daily - we have been moving towards forming a neckline and completing the head of an Inverted Head and Shoulders. There is confluence at both levels shown (Top green to bottom green, Top purple to bottom purple) - However I prefer the 29,950 level as the pattern would take BTC to 12,000...

DickDandy

Bitcoin shows multiple confluences - both technical and fundamental - for playing out this idea here. Watch for some extreme movement in the immediate future as it corresponds with the DXY chart. This move would set up a bullish inverted head and shoulders structure that justifies a drop to a very key level - 14,600 to 15,000 - full recovery of these zones...

DickDandy

The chart has been setting up this move for some time now. We have the neckline of this inverted head and shoulders which allows for a drop to 14,700 while forming a bullish pattern structure. Additional to this neckline, we have a local bearish retest and 3-5 more bearish retests intersecting with this same price range marked in green. Stop loss in purple....