After bitcoin exited the rising broadening wedge we bounced from top of the left shoulder(light yellow line)
and is doing a rising wedge right now which might endup in the right shoulder if we wick up then leg down another 8 to 13 percent.
In the video I also mentioned liquidition clusters and where people get liquidated THE MOST.also high leverage positions been...
BTC will be doing a range in the 4h timeframe.
BTC will have a confirmation of the upward trend in the DAILY timeframe. Expecting a pull back in the 1D frame to the area of 44k+\- before it continues it’s upward tendency in the weekly chart.
**1D timeframe: according to the MACD and ADX, we have either a range or a pullback to the MA55 and the area of liquidity.
near 39500 when PINBAR comes on 1hour or 4hour or daily chart , inter sell(low size) with SL=2000
put sellstop in low too ok?
if you have old buys , you must put SL or hedge sellstop in low
personaly i belive bitcoin in way to 20.000 ,if bitcoin break SMA200 daily(thin orange line) , this scenario will cancel and up trend will start
in under red arrow you can pick sell (1-wait sell pinbar apear in 60-240 or daily chart or 2- wait last trend line(new and last trend) break on 15 or 60 break ) then inter sell with SL on candel high (10-20 pip above high)
ALERT= trade on bitcoin need min 3-5 year practice on demo , if you dont have practice before , dont pick this on real money ,bitcoin...
ALERT =trade crypto ,bitcoin need min 3-5 year practice on demo account(reach stable win in demo) , if you dont have it never trade it, it can crash 50% in 3-4 day witout pullback ,dont allow you can close your open buys (trade bitcoin not for short trem and day traders , it is good for long term with min 3 month wait on open orders)
instead trade gold...
technical say bitcoin must see 40.000 then 48000
let see daily chart =buy pinbar comes
advice =looking for buy in deep , hold it to near 40k-48k
bitcoin futures BTC1! open orders by larg bank(cfd broker) show they start close sell and are buying
prnt.sc
Alert=if bitcoin break low 30k ,can crash to 20.000 , we belive according old history and...
powerfull trendline and fibo 61% touch now , technical say bitcoin must see 38000 soon
buy and put SL dont close it sooner than 38000 ,wait 5-6 day (42000 support is target 2)
green arrow=powerfull buylimit place for buy and hold 10 day to high
our calculation show bitcoin will go to 40.000 (butterfly pattern) then 80% will start down trend to 20.000
advice=looking for sell from 40k to 42k ...dont close it with little profit ,hold it 30 day until 20k
golden place, 100% wintrate= on 20k to 18k looking for buy to hold min 3-5 month
keep monotor AC on daily chart and on 1hour chart(dont trade...
see gold
technical rule=if market go up sharply, will back 61%
WE ADVICE FOR BUY WAIT UNTIL 20.000 ,IF YOU WANT BUY,100% PUT SL IN DAY LOW ,BREAK DAY LOW MEAN - TREND
keep monitor stochastic 5-3-3 simple or AC in 1hour and daily chart
put stoploss near 7000 and takeprofit=13600 (dont close it with little profit, use this for protect your upper sell (after 9000 ,put sl on it , you can pick powerfull sellimit with SL witout risk,loss)
i advice dont close this posation befor 15000
i see this + canal will continue until 2021,,,if it breaks,we will see 5000
note=dont forget to put EMA200 ...
90% 2ND WAVE WILL COMES to touch daily EMA200 (moving avrage) then pull back to 14000
if your buylimit open, hold it long term, dont close with little profit
