ilesanmipepsi

ilesanmipepsi

I have just finished analyzing the whole moves from 15k - 49k using Elliot Wave counting. Price action reveals that wave 5 was completed at 49k. Bearish counting (which is a corrective move, imo) has started already. If we could predict the current price action correctly, this corrective move should be truncated at 34k - 28k, depending on the prevailing market sentiment.

ilesanmipepsi Updated 

GANN seasonal date for CRYPTOCAP:BTC reversal was confirmed to be on November 7. The VDI and the CRRO have also flipped short signal since November 13. In order to position and take advantage of the bearish signals that have been given by these leading indicators, it's suffice to start looking out for bearish pattern the would form on the CRYPTOCAP:BTC chart....

ilesanmipepsi

The CRYPTOCAP:BTC bias remains bearish until February 4 2024.

ilesanmipepsi

Hedging is a transaction implemented to protect an existing or anticipated position from an unwanted move in exchange rates. Hedging is used by a broad range of market participants, including investors, traders and businesses. When hedging is properly used, an individual who is long on a trade can be protected from downside risk. Alternatively, a trader or...

ilesanmipepsi Updated 

$BTC got rejected at 0.382 Fibo level having bounced off at 15476 on November 21, so short trade got triggered at 17854 December 15 and now target -0.272 Fibo level ( red dash line on the chart) at 13.9k. Stop loss already moved to break-even.

ilesanmipepsi Updated 

Hello and Happy New Year to everyone! You will be able to read my trade idea now, after a long period of break. Cheer!! So, pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ). 2. Purple line - Weekly Pivot Resistance 1 (WPR1). 3. White line - Weekly Pivot Support 1 (WPS1). It should be...

ilesanmipepsi

I have used pivotal levels (from Monthly pivot point to Yearly pivot) to predict next movement in BTC. Cheers.

ilesanmipepsi

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @10725. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @11601. 3. Black line - Weekly Pivot Support 1 (WPS1) @9385. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Happy New Month Guys! Let's pay attention to this month pivotal levels, in order to have a clue to the prevailing bias in the BTC market for the whole month of September. It should be noted that the BTC bullish bias has continued to impact the BTC market, making it to trend upwardly. However, there's the likelihood that such upward movement would be halted at...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @11828. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @12290. 3. Black line - Weekly Pivot Support 1 (WPS1) @11184. It should be noted that the market usually trades pivot points during the period with a probability of around...

ilesanmipepsi

I spotted this Obtuse triangle on the BTC Daily chart, and I was thrilled that BTC has been trading within this pattern from 01 Jan - 02 Aug. 2020. See the Obtuse triangle in action, catching the local low formed in March and of course the local top just formed on 02 August. If really history does repeat itself, then a local top is already in place in BTC, IMO!

ilesanmipepsi

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @11035. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @12137. 3. Black line - Weekly Pivot Support 1 (WPS1) @9971. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi

Happy New Month Guys! Let's pay attention to this month pivotal levels, in order to have a clue to the prevailing bias in the BTC market for the whole month of August. BTC bias have changed from bearish to bullish during the trading sessions last month, thereby pushing BTC price to the 12k mark on the 2nd of August. Currently, BTC is trading above its Monthly...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9758. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @10387. 3. Black line - Weekly Pivot Support 1 (WPS1) @9315. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9197. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9366. 3. Black line - Weekly Pivot Support 1 (WPS1) @9043. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9280. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9506. 3. Black line - Weekly Pivot Support 1 (WPS1) @9079. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9094. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9283. 3. Black line - Weekly Pivot Support 1 (WPS1) @8888. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Happy New Month Guys! Let's pay attention to this month pivotal levels, in order to have a clue to the prevailing bias in the BTC market for the whole month of July. Currently, BTC is trading below its Monthly Pivot Point (the red line on the chart). This suggests that, we can expect price to test this price level before the month ends. According to the...