Simon-Rose

Simon-Rose

Dear readers! This is a less common and therefore possible overlooked pattern from the Elliott Waves Theory, which i want to share with you to get an edge in the Bitcoin market before everyone else. So we have not only the rare ‚expanding triangle‘ instead of a contracting one, to confuse traders even more we have the very rare ‚horizontal expanding‘ one. Here is...

Simon-Rose Updated 

I am observing this sequence since 10th of September, where I opened a risky long position around 10000. Now we are ready to confirm this one and I am ready to open the real Long with the target around 16k for a Bitcoin. With PayPal as catalyst and real organic spot buying, I am pretty sure we can reach this soon. Have fun trading and feel free to ask, if the...

Simon-Rose Updated 

Pivot points cry short , touched monthly and weekly R1 Pivot Point, TD Sequencial is on a 9, cci, mfi, 3rsi & macd Ready for short. Order-book analysis also indicating a good short (yellow signals) drive.google.com

Simon-Rose

As we are approaching the halvening, the lowering of corona lockdowns around the world and another FOMC meeting today, we can see some movements in the Crypto markets, while traditional indices are still calm. Bitcoin and Ethereum going moon The bullish case: We now have a nice breakout above the 0.618 Fibonacci retracement and this 'moving average cluster'...

Simon-Rose Updated 

Recently we have a good outlook for chips globally, we saw TSMC perfoming pretty good today so i was looking for another good oportunity and found Infineon to be a nice choice. They have a good Portfolio with chips for AI, Cars and post quantum Cryptography so there is a good market for this. On the Chart i see a small dip which could provide us a save entry and a...

Simon-Rose Updated 

Just a short view of my longer term daily chart. I still expect the price to test the lower end of the trend. I can see prices below the monthly S3 Pivot so the lower five thousands are not impossible. I think it also depends greatly on the traditional markets, which are on a pretty good Rally with all time highs every day since months. That Bitcoin is going down...

Simon-Rose Updated 

After the recent push, the market is pretty undecided again with a lot of stop hunting and margin squeezing happening, leading to a new term on twitter called ‚chopsolidation‘ ;) I am watching this Support Zone with 4hr 50MovingAverage, weekly & monthly pivot point which was holding pretty well recently. We still have an open gap on cme futures so there is a...

Simon-Rose Updated 

I just watched all the reports about twitter missing earnings etc. On the chart i see all my pivot point weekly & monthly are broken down so I don’t think this can go further down without a pullback technically. On the fundamental side I still think twitter is one of the most important messaging services in the world where news spreads very fast and topics are...

Simon-Rose Updated 

This is just a try to time a good short on Apple, as I think they don’t hold he quality Apple stands for and are just pushed from recent earning season. Especially loosing their long time chief designer because cooks focus on business only is concerning for me. Now they want to focus on services rather than devices. On the chart I see the price just testing the...

Simon-Rose Updated 

Bitcoin had some correctional move recently with many people expecting lower lows, therefore shorting a lot. I think this could be the bottom already and taking some risk with a small long trade here. TD sequential showing a red 9 signaling the end of a down trend on both, 1hr and 4hr candlestick and my Oszillators are all in oversold territory. The Squeeze...

Simon-Rose

Hey guys, i will post some trades with my new scrips for pivot points now. I have written 3 of them: Daily, Weekly and Monthly Pivot Points with their Resistance and Support Points and on the Daily also the range between them. In this trade i opened a short position as i saw the price touching the down trend line the third time on the hourly candles and got...

Simon-Rose

Just watch the chart, we had a good correction with some 'capitulation' at the bottom . TD-sequential showed a 9 while cci, stoch RSI where both pretty oversold indicating a Rebounce. A lot of long were liquidated and panic sellers moved their coins to stronger hands. Bull tried to push through the down channel but the hole market situation was pretty negative,...

Simon-Rose

With all the FUD and Altcoin pumps going on, a lot of Bitcoin should be accumulated by larger investors now, ready for the next unbelievable growth? Well, as i drawn my Fibonacci and Pitchfork over my basic indicators and my new 'Fractal Alligator' confirms trends and works pretty well, i can only recommend moving back to the 'index' before it starts with 'mass...

Simon-Rose

SOme uncommon trade for me ;) thehackernews.com

Simon-Rose

As I made on the last major correction , I put a pitchfork in place, where u can see a channel in which I expect the upcoming trades to happen

Simon-Rose

Just look at the Chart and follow the arrows and read the text to get an Idea of how this could work ;) GL & HF

Simon-Rose

As i red a book from BenoÌt Mandelbrot, i am now pretty sure that Markets could be better predictable with fractal-structures instead of 'stupid Gauß statistic tools' . So i took the Fractal Indicator with the 'Alligator line' which are bullish, if fractals happen above the red line and the opposite below. As you can see on this chart, everytime there is this...

Simon-Rose

On the Log scale it looks like we made some good correction already, so if BTC stays bullish, we could see some great Entry here , or we may enter in a bigger correction, if the last low doesn't hold. Good luck