WELCOME TO THE BITCOIN GRID CODE - THE SCARED TEDTRAHEDRON STAR
Bryan Christopher Amos, AN Alabama Man, Cracks the Bitcoin Grid Code, with All Points Intersecting
An Alabama man named, Bryan Christopher Amos, officially Cracks the Bitcoin Grid Code, with all points Intersecting (Every Uptrend Channel, Every Downtrend Channel, Every Significant Trend-Line, to...
This is my trade history (about ~6 trades),
I've started on twitter here, but mutch better to using tradingview to tracking the events!
So if you want to learn hedgning and conservative, but very profitable trading techniques, follow me here, on tradingview.
Planning to start a followable trading journal in Sept! Woul be very good for education.
Expecting more uptrend from here, but safety first, so minimalize risk.
New stop of my LONG: $10.048
(ENTRY of my LONG was 10k yesterday,
Initial STOP of my LONG was $9.850, margin x3)
If we breaking out: it's good.
If we are falling down: closing this long in small profit, and my bit of SHORT since 12k still open to hedging this LONG.
So good profit...
in this chart i'm sharing with you bitcoin chart you can see here 1h chart perform last one week rising wedge pattern,
as we know rising wedge is bearish pattern when it's break 10600 support level and hit 9800$ support level today,
Now bitcoin hold 9800-9900 support area if hold this support so we'll see soon next target same previous support...
Whats up traders?
In the last BTC idea we bought Bitcoin to the upside and made some good gains. I hope some of you guys got into it and made also profits!
Guess what? Now we selling it down. Buy low sell high you know?
With my analysis i think we can break the lows on BTC to the downside for a target under 7.800 USD.
Wishing you guys a great rest of the week...
Dominant Direction : Short
Reason for open position :
- S/R Flip
- breakdown the up-trend trendline
- Huge volume of Strong Seller
Note: This scenario will be invalid If we breakup the S/R Flip zone around 10.5k - 10.8k and possible go to 11.8k
I putted some circles around areas that Bitcoin shorts and longs ratio come to a point that make a unbalance force between bulls and bears.
as you know market is the power translation of supply and demand or simply buyer and seller. any other fundamental data is being translated to these two things.
people have two options to buy or to sell! we either!
When Bitcoin was still trading above $11300 on last Monday, I shared a forecast giving everyone my honest opinion of the market. When other traders were madly or intentionally bullish, I warned that it was not the time to buy Bitcoin as the bulls needed a break. The day after, we saw the Bitcoin market collapsed and got down to $9530. Slap yourself if you did...
Looking at my chart for it to be a safe way to jump into my reliable alts, BTC needs to bottom out at those points of confluence I've laid out. It has touched down perfectly but that does not mean it has settled in, in that area. I'd avoid jumping into BTC directly since I've had better luck making profits with other coins such as LTC and ETH. In order to jump in...
GOLD seems to be following the bitcoin trend while DXY is currently entering a downtrend. It looks like we would be seeing a similar correlation with XAU and BTC for the coming months...
comment and like if you agree or if not.
Supplementing my last post on Bitcoin, we look back at our 1 day time frame, we can see the bullish pennant forming in the chart. Bitcoin is currently holding onto this 38.2 level on the fibonacci, and if we look at our shorter time frame, we are in fact receiving a buy signal from the Megalodon indicator! This is not a bad position to be buying Bitcoin. We...
in this chart i'm sharing with you bitcoin analysis,
you can see bearish reversal symmetrical triangle pattern if it's breakout successfully so you have good opprtunity to buy and long trade,
if you are risk taker so you can buy here now with SL and before investing also do your own research.
Our previous success analysis:...
If you ask me, I will say there are more bearish signs than bullish ( Except manipulation happens)
RSI is building lower low, BITCOIN was performing very well from a bullish trend that increase the possibility of dropping further after double bottom. A correction elliot wave will be starting to build. Besides, it did not make a breakout and we could...
So since peaking at nearly $14K about two months ago bitcoin has been stuck in a consolidation phase, ranging from over $13K down to just over $9K. There were a couple times where bitcoin looked like it might be ready to breakout to new 2019 highs only to fail and drop lower again. My feeling is that bitcoin is slowly working it's way down to the yellow weekly 21...
#Bitcoin #Litecoin #Ethereum
Hello to all watching my charts.
As is told you the last days
there have been 2 options for Bitcoin to show us the next direction:
the long trendline / RED stays and we stay in Long Mode
the red trendline brakes AND the Support at 11260/11270
than we should change from neutral Mode/ (...