Firstly, I want to say thank you so much for your comments to my previous post! In spite of the post was banned, your words became strong motivation for me to do what I have been doing here for 3 years. You are the best!
Also, I made important conclusions from the whole story. Now everything is clear, and I don’t have any illusions.
Secondary, now we all must be very polite with each other and with the platform we use. Because in other way we will break the House Rules. Just for your notes:
“A publication should not be used to voice complaints, grievances or disagreements with policies, to insult or ridicule other members, or to create conflict within the community. This includes directly or indirectly mocking, misrepresenting or abusing other published ideas or analysis»
There must be peace and love in comments below each post. In other way, we will be banned. The World with peace and love only - it is the amazing World! Don't you think so?
And now, in order not to be banned one more time, let’s talk about Bitcoin.
After reaching 10 000 support again, the price could not break it. The support acted as it should act, and we saw a new upward movement in the hourly timeframes.
But if you look at the daily chart, you will see that market moves in the borders of the triangle where a new swing movement become less and less than the previous ones. It tells us that the market consolidates before a new jump. Will it be upward movement or the market drop to the previous support lines - we will see. It will depend on the fundamental reasons and the direction of the breakout.
For now, the market does not provide any trading opportunities based on the daily timeframe. As for hourly charts, you can try to catch small movements, but it will be high-risk trading in the unpredictable market. Do you need this or not - it depends on you and your trading strategy. I would like to wait for the breakout from the triangle and trade based on this signal and the daily timeframe.
Thank you very much for your attention! I will be very grateful for your comments and likes below this post! If you have any question - you are welcome!
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I will answer all your questions from comments within the weekend. Thank you very much for supporting this post!
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Low volume = boring market! May be the new week will give us action?
Thanks for the update. Regarding your previous post, understood, only love and good words for all ;-)). I follow several guys here, but I have to admit that you are the one I value the better, and your analysis and opinions are always useful, educational and well taken into consideration (of course, the responsibility for my trading is mine, I know that ;-)))
Keep doing your quality job. In the long run, that will make you survive, been respected and appreciated by the community, while others will fall and disappear ... like tears in the rain ;-)
DLavrov
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@apedrera, thanks a lot for your comment! Here they asked me to follow the rules. It is not my project and my wishes to make it better look weird for them. It looks like this. So, I shared my opinion in that post. I still have rights to think in this way and leave this place any time. But untill my work is interesting here, I have to stay.
Peace and love for everyone!
Prof_1
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could you pls explain why ur previous post was banned ?
DLavrov
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@Prof_1, because I asked questions which sound not so good for TradingView and Magic. If you don't want to reply, the best way is a ban.
Prof_1
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@DLavrov, this is kinda strange,but why they don't support truth or why can't they see it,as it is crystal clear ?,i think they are just marketing gimmick
DLavrov
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@Prof_1, but again, it is just my personal opinion supported by facts. They have their own position supported by the House Rules. They want peace and love in comments - let it be soo)
FreshCrypto
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@DLavrov, peace and love in comments are not necessary...we need facts and strong yet clear technical analysis, shame on them..
DLavrov
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@FreshCrypto, my position is very simple - everyone must have a voice and opportunity to share opnion - any opinion. Yes, I don't like crazy haters. But I don't like them not because they tell negative things about you and what you do - they do it without any sort of respect and arguments. I can talk even with such haters. But this platform has another solution - ban all haters. Ban everyone who has an opinion which does not match Peace and Love)
It is their choice. It is their platfrom and they can have any rules they want.
FreshCrypto
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@DLavrov, I get it and I know why they do it, but there is a big difference between irrational petulant trolling and stating facts that are uncomfortable to listen to.
Keep doing your quality job. In the long run, that will make you survive, been respected and appreciated by the community, while others will fall and disappear ... like tears in the rain ;-)