So yesterday we i gave 2 possible targets, one around 3200 (which would be a bear trap move) and the second around 3050 which would simply be the target of the bear flag. We saw that short squeeze happen out of nowhere, up to 3550. It was a 300 point squeeze, which usually is a big one, but it got sold off so hard and quickly again, it shows a lot of people were ...
Hi friends! I was just thinking about fair market value, and I decided to take a different look at BTC. When it comes to the purpose of the global marketplace, I believe that the market's primary job (other than providing a means of buying and selling securities) is to always determine fair market value. The market price of securities will always vary (sometimes ...
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Just look back several my last posts so 2800 - 3000$ will be the KEY SUPPORT ZONE in this time. But when the last time after we break down 36xx$ ( consider major support for short term ) we have strong fall and next will be the last ...
Hello guys, looking deeply into BTC corrective pattern it has filled up with series of triangle formations.
In July 15th price breakaway from this major triangle to make a high of 8480$ and ever since then we had been going lower on each of the test on Neckline to this new high level(BLACK TRENDLINE).
Also, its observed that price showing serious respect to the ...
No need for advanced TA on this one. 3650-3700 is a historical level on the weekly chart. IF this weekly candle closes above it, which doesnt look super likely right now but IF, then we should have a rally upwards towards 4600-5k area.
If there was EVER a chance for a bounce in the destruction that BTC has caused the last few weeks, the next 14 HOURS are prime ...
Clear structure and resistances.
Don't short from 3500. Cause we have bullish divergence on TRIX indicator, and it will pull price up to 3600-3800 levels.
Take shorts at resistances 3600-3800 (higher less possible), main trend still bearish.
Some people say Bitcoin is dead - others say it's still alive! For D4rkEnergY it may be simultaneously both alive and dead like Schrodinger's Cat.
This state is known as a quantum superposition. In the Quantum World a system stops being a superposition of states and becomes either one or the other when an observation takes place.
According to the Many-worlds ...
I will do a LONG trade on Ripple (XRPZ18), low risk (tight stop loss), based on the following signals:
Volume decreased to a halt. (incoming breakout)
EMA50 working as support.
Very tight stop loss (low risk, high reward).
We also have a falling wedge pattern, which is bullish and hidden bullish divergence.
Target and stop loss on ...
Hello Crypto Compatriots,
It has been quite a while... Glad to be back.
Tears fill my eyes as I gaze through the ranks... So many comrades have fallen. The 2018 bear market has taken more than lives, it destroyed hopes and dreams.
Some unfortunate soldiers have given up on the their ideals, forgetting the possibility of a brighter future, one where Bitcoin ...
As you have read in my previous analysis I was following the fractal structure of an previous made inverse Head and Shoulders. In specific I was talking about the one we did in June of 2018 that brought us back to a bitcoin price of 8k. It turned out the fractal was correct and I was able to call the temporary bottom on my telegram ...
Here we have BTCUSD 1D chart.
Previously we talked about 1 main scenario and updating it from Aug till now and we have good expected moves for this monster that controls every single pair in cryptocurrncies kindly check them and thump up for ...
Too often as traders,
we may THINK we know where the market is going.
Often times we get it right, yet sometimes times we can be very wrong.
I spend usually 3-4 hours each weekend,
updating all of my charts in my home office,
in New York currently whittled down to around 40.
I then review each chart I have,making desk notes of important price points
where I ...
Today we will talk about Risk-Off mode over NIKKEI225 and USDJPY, where we see a tight positive correlation!
As you can see, the main driver for the USDJPY sell-off was NIKKEI225, which may continue later this week, since we have seen an impulsive five-wave decline. In EW theory, after every five waves, a three-wave pullback follows and we can ...