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OTM.Investments
May 24, 2020 6:11 PM

3day Getting Ready For Big Dump? (BTC) 

BITSTAMP:BTCUSD3D
Bitcoin / U.S. dollarBitstamp

Description

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Yo yo yooooo, what's going on everybody! 😁✌

I am now back from my business meeting/vacation! Time to get cracking on these charts! 💰

Look up my last btc post before this one to see how we have positioned ourselves in a move for the daily chart as it has been firing red.

Now let's take it a step up and look at the 3 day!

This is the Crossover that we are looking for!

If the top red candle can compress than Crossover the green candle we should get a strong selloff.

$9400 is still my stoploss and I will attempt to ride this one out if we can drop here.

10k was the magic number and she seems to be holding up with a fight.

It's just a matter of time for a big move as we have stabilized here in this tight range.

Hope all is well with you and that you have an awesome trading day!

Go get that money!!! 🤑💸🤑💸🤑💰💰💲💲💲💲💲

We will be updating our trading course with a lot of additional content this week! 🥳

🥇MLT | PRO TRADERS

Comment

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Nice battle 💪

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Start moving the stop down, we in profits 💲💲💲💲💲💲💲💲💲💲

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Might get stopped out for $250 profit per btc. Good battle here. Want to see 10k break more than anything. I want full bull mode

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Still in play

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What a whipsaw.. approaching stop. Let's see.if we get back above 9k
Trend AnalysisChart PatternsTechnical IndicatorsBTCUSDBTCBTCUSDTbtcusdlongbtcusdshortBitcoin (Cryptocurrency)bitcoinusdbitcoinlongbitcoinshort
Comments
MikeZillo
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I see it the same way, but using some Technical Analysis and my next target would be 8200$.
What do you think about my construction?

OTM.Investments
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@MikeZillo, very nice analysis, keep up the hard work
OTM.Investments
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@MikeZillo, thank you for sharing. Great job
haxus
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how is this candle sheme called and where to get it -- is it awailable on tradingView?
jexmee2193
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We can see why it drops from TA but what’s the reason fundamentally? It should just drop a little then go up bc after Halving, it should feel the squeeze but it didn’t? It keeps going down like no halving happened. Weird right?
OTM.Investments
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@jexmee2193, we can't control it. I strictly trade TA. I have no knowledge of the fundamentals or what news is buzzing right now, the chart tells you everything that you need to know. We walk with the direction and signs that it gives us.
superkitty
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@MajorLeagueTrader, haha yes .now listen to this guy!!s that how a real trader works! no news just charts , I'm with you on this !!!!! take the noise out and the money comes to you. ;)
OTM.Investments
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@superkitty, yes!!! Price action tells the story 100% 😁
superkitty
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@MajorLeagueTrader, all you should look at!
OTM.Investments
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@superkitty, yeah. But trust me their are a lot of traders that love a good news story for trade entry 🤣
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