Compressionary range has not yet been entered on the longer periods, mean reversion pivots are still in tact and have protected the bullish trend rather well. I'll be shorting as soon as they break, alternatively you can take longs whenever the pivot is tested.
To grasp a better understanding of the vocabulary I use here, read the write up in the related idea.
Today BTC hit one of the strongest consolidation signals known.
Bitcoin will trend down to the 200 MA on the 1h chart, due to a mean reversion condition being met after the previously predicted upward expansion.
This is a very safe signal, ideally you want to...
Good morning TV,
It's been a while since I posted a public video analysis. Glad to be back and share with you my opinion and analysis regarding this space. For those of you who don't know me, my name is Amol and I've been a trader for 11 years. I started off my trading as a high school kid logging into my Dad's account in 2008. Thinking I was hot sh*t, I made a...
Hello everyone!Welcome to my channel! Please don't be so cruel to me. I am still get used to making video in English. I am a trader for more then 4 year so I understand that all goals should be taken! Thank you very much for your attention! Good luck!
So essentially this video is just showing the first two big trends on Bitfinex and how the future movements are heavily based on these areas. One of these areas is the 6666 point which refers to a 2.618 on an old trend.
My take on BTC is not good. It has to do with the lack of mining and increase of people selling out of BTC. I use to think of *big investors*...
Video explains. Stuff looks good to make possible moves in near future. Could be crated by the rush for people to get back into the market in order to buy BCC before the hardfork Its too tough to tell if its only one specific thing though.
BCC hardforks are pretty much free money. Looks interesting from a technical standpoint.
Quick rundown of BTC over past couple of days. able to follow the movement without even knowing about the etf stuff.
Let me know what yall think about bitcoin and its upcoming movements!
Have fun trading.
Just look at previous movement and the indicators that led up to it. hard rejections to fall under the volume profiles weighted areas.
Short term i am neutral. waiting for more signs to come up before another trade.
I dont feel amazing about all of this. It all feels normal. All of my old charts said we would be going to new lows Old BTC chart said around 6600 before drop to 5.4. Seeing the way that the coins were traded (on binance) I would not be surprised if we do. There was a lot of money pumped and dumped yesterday and most likely many bag holders.
I want to see us come...
Temos o Bitcoin em um movimento interessante, tentando romper um canal que já rompeu no fim do ano, mas encontrando uma grande resistência, caso se confirme o rompimento do deste canal, acredito que será uma boa hora para efetuar novas compras.
Really nice looking Gartley is setting up on OMG. In this case we are looking to trade the CD leg. Risk:Rewards looks great
I'll post an update with Entry & Stop levels once I have my order in.
Lets see how things play out.