HI Folks Bitcoin is stretching to short and aims 8100 as first target. Implementation time 3-5 Days from 18/06/2020 Regards faadz
Market came into liquidity zone, took orders with a shooting star candle and tested fib 61.8%. Stops 5-10 pips above high of shooting star TP at -27.00% (which is also close to a daily level).
Sell the breakdown at $9400 if we break to the downside. Stop mid $9500s Target a $300-$400 move
🤔 3day currently is red with a upward support break on green line. Price consolidation in wedge for big move. Last night's selloff seemed to be a fakeout as it recovered relatively fast. Daily Timeframe Crossover Strategy: Red Doji The EMA Dots: 2/3 Red Support Level: Lower Pennant Resistance Level: Upper Pennant Strong breakout is your next move. I would not...
😁 I hope you all have been having a good day and pulling profits with the bears! Our main upward structural support has been broken so now we need to look to play the next horizontal support levels. 8.75 - 8.37 range. If these levels break we will see a total meltdown. Keep eye on the ema dots and the Crossover strategy just in case this is a fakeout. 🏀 is in...
We'll just have to wait and see if the blue trendline holds by candle close tonight. Momentum is down on the 2 day, 3 day and weekly charts so we don't expect a recover to happen fast. This could be the start of a multi-day downswing.
✌😁✌ 3day chart is now showing red doji for compression to potentially perform the Crossover. Remember that 10k is still our key area for a long on a break above the red Resistance line. The ema dots are aligning going for the close. We do have some upward support on the smaller timeframe and currently sit on it for the test to see if we break down lower for a...
A Quick Little short is available on the Bitcoin / use RIGHT now... Target should be the PEAK of Wave 3 or further...
As bitcoins price tries to recover from to drop a couple days ago will it break down from here or have another crack at $10,000? We are going to see quite some volatility on the weekly close this week! make sure you set your stops!
🤔 Bitcoin is once again showing very bad signs under that 10k resistance. The bears are driving the permabulls insane!!!! 🤣 Week after week after week we struggled to breach and now you can see that our candles are compressing at resistance, never a good sign! 🚫 I have two early confirmations printing on the ema dots indicator down below. 2 red dots forming, now...
Before you read this TA please note this comes with the disclaimer that I am totally testing a theory here and it might turn out to be utter rubbish but hey, we’ll soon find out either way! I’ve decided to combine my two loves of trading and astrology to see if I can find a correlation with moon cycles and price action. Now, I know this is already a thing and...
🤢 Candles are compressing harder and harder as the times passes on. Everything is still green, red line is major resistance. Need to break above it for a bull continuation. Still just chilling. 🖖 🥇MLT | MAJOR LEAGUE TRADER
A long term support is pushing gold prices upwards and gold is heading to 11000 area which will be our target and after a retest we going to place some more longs to target 14000 keeping good risk reward ratio it already broke our resistance please like and follow also comment if you like it
If stop loss is hit then try to short again at 10500's
Hi traders, Bitcoin has created a sell setup and may possibly go all the way to just below $8100.00. Expect price to breakout from the current structure and when it does, make sure to join the short whilst also managing risk. Regards Wave Theorist
Has bitcoin became a stablecoin? 🤣 3day continues to sit green with all indicators shooting green but we still reside under Resistance of 10k. We showed you a chart of ethereum and its key Resistance level which correlate signs of each together. We still on the sidelines with btc with our main focus on microcap altcoins accumulation. Stay on your toes as it...
Volume and trend lines gives us, really, about 90% of everything we need for good trading. The Volume Profile, Visible Range, On Balance Volume with EMAs, And Money Flow Index give us a lot of information on volume action and each trend line on this chart is at least two years old. I like to use Kraken as its reputation as the least spoofed and most secure crypto...