BTC Nalysis

Falling Wedge + Bull Div + 6K hit.

Looks bouncy for a daytrade position. I got my entry way lower @ the 1Minute Double-Bottom but closed it to see if it'll drop back down. Opened up a stop at confirmed wedge breakout point. Possible inverse H&S.

Position is just a hedge for my short. Locking in profits and daytrading longs while HODLing my short open.

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Lets go back to trading Price Action....

We have a Spinning Top on the 30M + a Tombstone on the 15M.

Exited my 'double-bottom' 1 min long with good profits. Entered a short.

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These are also some channels I am closing watching. 1 Is the downtrend channel, the other is the new uptrend channel.

These are important because they have yet to be confirmed but are predictive towards a good entry to draw the bear channel, bear flag or diamond reversal.

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Whoops. Wrong pic + wrong idea.. lol. Can't edit the update...

o.o...

closing thread again. lol

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Wait.... this was the right thread...o.o....

I'm so confused...

This is the pic I meant to upload. Lmfao.

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Thumbs up this for my neat organizational skillz.... or lack-thereof :D

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Looks like the Diamond is closer to confirming. I am still in my short but placed an exit to receive no losses + have an entry stop @ confirmed breakout point to ride the Diamond Pattern wave.

Also seeing more spinning tops and shooting star price action candlesticks that are pointing towards bullishness.

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Price Action Trading Update - Dont like the green dildo. Closed the short. Potential Inverse H&S forming. Could be a squeeze up to 6300s before we make a rising wedge for a continued down move.

Won't open a long. Will just wait for a breakout confirmation and short the breakout.

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Price Action Trading Update - If this candle closes as an Evening Star with the trend break rejection, then I'll re-open my short.

50% Profit taking will be done around the Double Bottom area at 5900s.

Once again, I still am not touching my 2nd account's short from up above until the daily shows oversold indicators.

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Price Action Trading Live Update :

So I didn't get to enter into any trades yesterday on my daytrading account. I saw the high funding and thought that it would pump for funding, so I placed an entry stop below supports and left to go condo shopping.

Unfortunately my stop never triggered and I never placed an entry above, so I missed the big pump.

Anyways, price is RIGHT BACK to where we were yesterday and I'm seeing Bear Flag + Rising Wedge with a Doji candlestick on the 3H showing uncertainty within the bulls and a Shooting Star clarifying that into a bearish set-up.

I believe we'll go down further, however I'm still keeping my entry as a stop. As for an entry above, I have placed shorts @ the resistance levels.

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A whale just exited on Binance.

#ExitAllCryptoMarkets

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I warned you.

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Spinning Top within a 3-touch floor on lower timeframes.

Bounce possible.

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Falling Wedge into an Inverse H&S... bounce seeming more and more likely...

If it does bounce around here then it'll fill an even larger falling wedge shown in 2nd picture.

Falling Wedge :

Again, this is all just choppy side-ways action that I discussed and talked about in my previous Long Term BTC Idea -

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I'm drunk af and I can easily say that the whales have NEVER given you a CLEARER signal of bullish-ness.

My short exit filled @ 5769. The only thing I regret is that I wasn't around to flip my position into a long.

However, with all of that being said I think we are in a clear bull rally for my long term bullish analysis.

Load up on some mid-leverage longs @ the supports and let it ride...

Also.... DYOR... cuz as I said... I'm drunk af... so if you trade solely from this post...

You're an idiot.

Anyways..................................................

Falling Wedge leading into an inverse H&S.

Also....

Unfortunately I am not getting laid tonight #Sadface :(. I left some chick to come update you f%$^($#

go ahead...

Report me.

:hammer:

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P.s.

I love ladyboiz...

unfortunately... there's not much in Vietnam... /sadface :(

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Also.. for those of you interested in muh 1-100 BTC challenge..

I'm @ 4.7 BTc.

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Market looks dumpy, but be careful for manipulation. Make sure you are hedged with proper stops.

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Whales spotted on the 1M chart volume. They are eating up the stops that are getting triggered.

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"It was all a dream..."

Look out for the potential Diamond Reversal pattern. Multiple bear divs on higher timeframes + overbought stochrsi.

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What if.....

>>Can still happen b4 29th.

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I am getting Bearish...

>>Diamond Reversal possibly at play
>>Rising Wedge on longs
>>Hit support on shorts

I think whales are washing all that buy volume into short positions to cause FOMO and will then liquidate their long positions with their short push and re-fill @ the lower supports.

Shorts :

Longs :

What do you think is a safer play?

I'm out of the markets. Got entry stops set. This is a >> NO TRADE ZONE! <<