TradingView
PRO_Indicators
Jun 18, 2018 12:42 PM

BTCUSD / H2 : This week's expected swings I'd be ready to trade 

Bitcoin / U.S. dollarBitstamp

Description

Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.

All my scenarios and portfolio managements are explained in a daily basis on my Youtube channel.
You'll find a link to get there in my profile signature here : @PRO_Indicators
The English videos are posted upon the "Market Forecast (ENG)" Playlist.
Kindly,
Phil

If you want to learn more about the basic rules to trade with my indicators here's the educational video link :

Comment

I think we have a choice ! Upward path is the market's pick. That was obviously my favorite and so the scenario is now moving on with validation... I'll raise the stoploss and consider small reinforcements on pullbacks

Trade active

We managed to push up the the validation point today. Confirming the previous expectations. I still see some short term potential as we could try to fastly break up the previous week's high just to neutralize the bearish trend on that timeframe. Anyway at that point bulls should be secured or not risking a lot. Simply being patient and see if we can mess up with some higher resistances later or just die to terminate the week as I think is the most pble scenario right now !
Comments
gendark2
Excellent Excellent Excellent. Thank you for this.
KryptonuQ
@gendark2, it is still more likely to go down even in short term
ttrending
Bitcoin 2014 vs 2018 - A lot of similarities

Weavs844
@ttrending, I think you may need even make your 2018 triangle a little steeper. Pretty sure we already broke up out of the triangle and already on our way back down.
Weavs844
ttrending
@Weavs844, I used the triple bottom (6k) to form the baseline of the descending triangle. If we go below $6,000 in earnest then I would say the triangle is broken.
Fovillain
@ttrending, maybe from a purely TA point of view (but weavs884 makes a good point) but the fundamentals are radically changed and more exciting than 2014. It's the same old thing... Tulips, dotcom, 2014..... . Meanwhile here comes another block, and another, and another.....
TradeClass
I think this is one of the most realistic charts produced on Tradingview for this entire week. It actually makes sense.

Of course, I gave it a LIKE... but it deserves much more.

What I do miss are the videos you once posted INSIDE Tradingview. Sadly, I do NOT follow your videos on Youtube. It's too much work. Frankly, my browser does NOT open up to just one page. This means it eats up enough precious RAM.. to be risking browser crashes while jetting off into multiple clicks to visit RAM EATING YouTube. I am sure you are losing followers because of this.

My suggestion is to start republishing VIDEO within Tradingview.. at least periodically.

About the chart below: One of your price forecasts falls in line with my own, but the difference is that my forecasting includes bias for manipulation and sentiment.. so it's under 'Beyond TA' as a category



sjococo
@TradeClass, As Phil explained, sound and screen go out of sync when he makes videos here. Up to 10 seconds. That's why he moved to youtube. You are gonna miss out if you do not make the effort to follow him :)
proficy
@TradeClass, videos are on YouTube now. Search pro-indicators
More