Plain and simple, this is a bart. If you do not know what a bart is then you are about to find out look up a pic of bart simpson and you'll know. CNBC even just went long, and if you are a seasoned BTC trader then you know that counter trading cnbc is a real thing that works 90% of the time. Lots of technical indicators are also diverging bearish and every time we...
Okay y'all, this market cycles has happened 4 times now, this being the 5th. First lets look at the phycological side, everyone is thinking we are going to drop to 5700 and lower into the 4k's and all that crap. I think we are going to keep in this ascending channel until 6900, then dump to 6100-6300. After that we may moon past 8k. That's just my opinion. I...
First off, I just wanna say that CNBC said long btc here at 7420. If you are an experienced trader, then you should know what that means... SHORT! DO the opposite of what cnbc says! (They are whales getting the masses to long while they are stacking shorts and when the masses get liquidated, we fall faster and harder.) Plus everyone is starting to long, meaning I...
Well our last fractal worked out perfectly, now we counter fractal and long it. Meant to post this at 6815 but we already seem to be heading back up. We are also sitting in the golden pocket .618 fib retrace which is bullish. I think we could top out at 7500 by the end of the week, we will have to see. Ill publish more ideas up to then. Thank you, :)
Simple. We are in a curve fractal and we are curving down. Bullish volume is decreasing,this is also an equilibrium, meaning that the candle will basically mirror themselves. They came up bullish, now we fall bearish. Now if we go sideways, which i doubt, then the fractal is basically over and we look for new fractals or continuing ones which are in play on bigger...
We have another inverse curve fractal going on here was well as a repeating box fractal. I went short as soon as we breached 6700 just now. I have a couple scale in orders reaching up to 6780 incase we wick there to average up my entry. Shorts have the best Risk:Reward right now. We are also at the top of the trending range that we have been trading in. Trade at...