❗️❗️❗️Disclamer❗️❗️❗️ Dear friends, traders. My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading. - I do not recommend that you trade AT ALL if you do not know what risk management is, money management. - I do not recommend that you trade without a STOP...
Can we predict what will be happening? The objective of this analysis is to look into the possibilities for bitcoin in a very tight frame and it can be valid as a complementary analysis and study. Tap like if it was helpful and if you enjoy the analysis. Thanks for that. I'm realizing that bitcoin has made a distribution and the correction movement may not be...
UPDATE to complete wave5 in M30 , I expect an upward move to the itself high 3 years ago and its conquest at 19677
HI EVERYONE! WE JUST BROKE THE DOWNTREND LINE (I WAS STOPPED OUT FROM MY LONG, BUT, THIS IS THE GAME! WE DON'T PREDICT THE FUTURE, WE MANAGE THE POSSIBILITIES!) SO, THE TREND NOW IS: LONG SUPPORTS: U$9400-U$9600. RESISTANCE ZONE: U$10.000 ; U$10.300 ; U$11.000 STOP: 9290 (LOW RISK FOR THIS LONG) FINANCIAL MOVE CRYPTO
Bitcoin Intra day trade Using 5 Wave pattern, Bitcoin has started its 5 wave and is expected to finish at 9650 levels. Enter in the trade at current levels of 9420 and exit at 9650. Keep a stop loss at 9200.
By observation of historical price and value area, I have found that after a specific time of value always shift to new value and price stay there for a while. For the new value, looking on 9th May 2020 as showed in up and down with the labeled as "NEW". Yes, Its so hard to predicting next shiftin g value area but its possible by looking at the volume...
Present pattern is Parallel Channel . Bitcoin on the daily chart, we have studied about 3 patterns and each patter is Breakout. Each the breakout are plotted with price moved measurement. --> Why am talking to you about Chart Pattern & Breakout? From the above observation about the pattern & breakout it is clear that we get a minimum 3000 points ...
Action 1: Up-Major Parallel Channel (X) Down-Minor Parallel Channels (Y) & (Z) Looking at both channel (Y) and (Z), it turns out that there is a SLIGHT different between it. Action 2: Used two Rectangles(i & ii) to measure the movement. The length & width of both rectangles are the same. The point where used by rounded...
After the beautiful inverse heads and shoulders pattern played out in what I believe was the bottom and we are not coming back here again, at least not in the near future at least till this ascending channel price movement pattern has played out. Good luck everyone and trade safe always! There are also other major signals of 50EMA crossing the 100MA and the...
Checking out this Triangle forming on the 15minute chart. Interesting thing is that we are trading in a decending wedge (1hr) if a triangle does fully form and breakout then this could mean a good breakthrough to the bottom side of the wedge we're trading within and it would also mean a decent close below a VERY STRONG support line on the 4Hr (Purple line). I'll...
A single swift five minute candle has brought us crashing down $600+ below the critical sloping support which proved too much for bitcoin to climb past right now. Not only that but we now find ourselves beautifully supporting on the sloping Support line and a fall below that could see us easily reach 11000, nothing out of the ordinary here so far as we still in...
One sharp drop & everyone gets scared sh*tless! Looks like we have established some kind of support & should re-test the level of resistance $4,240. Before BTC broke out from the Triangle I had predicted there was several bullish news,Could it have been a couple of whales who saw we are close to this resistance and sold to whipe us out by withdrawing 11...