The following preview has been aprroved for RESTRICTED AUDIENCES ONLY!!
R-RESTRICTED Under 17 requires accompanying parent or adult guardian!!
Description:
I will not provide a meaningful and detailed description of my analysis and prediction. Walking you through my thought process sounds lame. All the more lame is, putting myself in my reader's shoes (No!! I don't know about your personal hygiene. Do you even disinfect you shoes on a regular basis or wear a clean pair of sock everyday?! What if you were wearing those shoes when you were getting rekt?!) and trying to understand the context based on what I wrote (well in this case, that which I did not write or that which I wrote about me not wanting to write). Clearly stated profit targets and stop loss areas are overrated!
Cheers!
R-RESTRICTED Under 17 requires accompanying parent or adult guardian!!
Description:
I will not provide a meaningful and detailed description of my analysis and prediction. Walking you through my thought process sounds lame. All the more lame is, putting myself in my reader's shoes (No!! I don't know about your personal hygiene. Do you even disinfect you shoes on a regular basis or wear a clean pair of sock everyday?! What if you were wearing those shoes when you were getting rekt?!) and trying to understand the context based on what I wrote (well in this case, that which I did not write or that which I wrote about me not wanting to write). Clearly stated profit targets and stop loss areas are overrated!
Cheers!
Comment:
My personal bias is, we will go up to 12.1k first and crash into the cloud from my other idea on the 26th
Comment:
Comment:
Can you please shamelessly like my ideas, irrespective of whether they work or not??? Think of it like Insta or FB!!
My mom always said, "Trust me Martha-Focker, you will not amount to anything until you learn to appreciate people around you!!"
My mom always said, "Trust me Martha-Focker, you will not amount to anything until you learn to appreciate people around you!!"
Comment:
Based on my weekly bias, there are only 2 ways to go about.
Daily closes above the green support and continues up.
Daily (either today or tomorrow) wicks to the red support below and back to the green support.
Without bias, the third way to go is all the way down to 7.4k
Based on my weekly bias, there are only 2 ways to go about.
Daily closes above the green support and continues up.
Daily (either today or tomorrow) wicks to the red support below and back to the green support.
Without bias, the third way to go is all the way down to 7.4k
Comment:
Comment:
Hell a lot of fakeouts to be expected. Careful not to buy if BTC violates the trendline support. For it if does, it can spiral down to 6.9k for support.
Comment:
Very high probability of reaching 8.9k in the next 10 hours
Comment:
These are times when huge market sell orders are executed. If you see a volume bar of around 2000 BTC's on the 30 minute timeframe, it's a signal to buy!
Comment:
RSI on the 4H can go further down, should scream oversold when BTC touches 8.9k
Comment:
RSI on the Daily should not go below 37.5, if it does BTC will have a meaningful bounce only around 7k-6.9K.
Trading psych tip:
If you are beginning to hope that something doesn't happen, it means, that's exactly what is gonna happen!
Trading psych tip:
If you are beginning to hope that something doesn't happen, it means, that's exactly what is gonna happen!
Comment:
The other way around is also true.
If you are beginning to lose hope that, what you thought might happen, might after all not happen, then it will definitely happen!
If you are beginning to lose hope that, what you thought might happen, might after all not happen, then it will definitely happen!
Comment:
If BTC closes below 9690, it will reach 8805 tomorrow. It's time for big red candles.
Comment:
Daily close above 9890 and 9950 level taken out means BTC should reach 11.2k
Daily close above 9890 but if 9950 level cannot be broken BTC should drop to 7.9k
Daily close below 9890 naturally target 7.9k as well
Daily close above 9890 but if 9950 level cannot be broken BTC should drop to 7.9k
Daily close below 9890 naturally target 7.9k as well
Comment:
Comment:
Levels are playing out almost precisely, if 10245 is taken out, I would buy. But then again 11k is designed to be the weekly high, hence BTC should go down again as low as 9.7k and only onthe last 2 days of the weekly, shoot up to 11k. Atleast that's my theory, doesn't mean it will happen.
Comment:
Provided the flag doesn't start to break down already during the week. But these 2 ideas should be enough to provide a clear entry, maybe I'll combine them into one when I get time for more clarity.
www.tradingview.com/...97H7-BTC-White-Flag/
www.tradingview.com/...97H7-BTC-White-Flag/
Entry(Risk managed % of portfolio): 50% Fiat - 50% BTC
If BTC moves up from here, short at ever resistance going up to 12.1k, Covert to 100% Fiat @ 12k and close all shorts on the way down to 8.7k.
If BTC moves down first, quite a risky strategy, buy at every support until 8.7k, convert to 100% BTC at 8.7k and close all positions on the way up to 12.1k.