💎Technical Analysis Summary💎
-BOT opened the trading action with a strong Bearish candle on the 1hr chart
-The price is currently consolidating after the strong sell-off
-It is not safe to trade inside a ranging market
-Because the price can easily move in any direction
-The safest approach to this market is to wait for the proper breakout...
I made this robot.
With medium-term signals in 4-hour timeframe.
How do I sell it?
🔘 You are willing to pay for it??
The interval between signals is not less than one month. Its signals indicate the possibility of changing the overall market trend
All posts from this account will be results based from tools or signals that have been personally tailored. Volume is currently gathered from Binance alone, but we'll be expanding to gather more orders soon.
Volume peak levels (past 48 hrs):
10460-10470 (50,000+ BTC)
10280-10320 (20,000 BTC)
Once again crypto got hit by high correlation to equity markets. This is what happens in risk-off situations when everyone's fleeing to cash.
Pretty much the same scenario as when we dropped from the 11k range driven by trad markets, but less violently this time and didn't really go deep into demand block.
LTF (H1) BB Bot already giving multiple long signals...
Btc has been absorbing sellers each time 10k has been broken and late fomo shorts have been rekt over and over.
Judging from this and how high cap alts have behaved on every bounce, I would say we will see a face ripping short squeeze unless the stock market completely collapses on Tue/Wed.
Crypto is a risk on asset and highly correlated with equities in a crash...
A number of long signals turning up H12 for BB Bot. This is a very significant signal and 90% of the time means that price will reach the upper band. BNB already made a move and I believe that LINK is next.
Band squeeze on H4 indicates that volatility is incoming.
Ofc macro (in this case Nasdaq) can still destroy this but until Tue there's room for crypto to move.
Btc back to accumulation area, as indicated by BB Bot green arrows, after the successful long and the 5BH gtfo signal from SCMR at the top.
Only thing that could muddle the water is that USD has shown extreme weakness lately, and that will likely not be allowed for very long. Keep an eye on DXY if going long Btc here.
Long looking good after some more limit orders loading their long bags in this demand zone.
We didn't have this type of strong BB Bot signalling since the last move up from low 9k. All kinds of bollinger band deviation signals to go long here. BB width still a bit high but turning down and should bottom out before we get the next move.
This is an accumulation...
Almost a schoolbook example of swing failure pattern into H4 liquidity pocket to shake out over-leveraged longs.
BB Bot picked it up as well and gave the signal on band deviation. Note how BB Bot and Better SCMR gave the signal to gtfo at the top.
Bullmarket decided to not take any free passengers onboard lol. Better SCMR called the move on H1.
Perfect hit of BB Bot level and now bullish retest of the 11.3 level we just broke. A weekly close above this line will confirm this scenario.
Stay safe out there and don't overleverage/ trade naked.
ETH making a perfect bullish retest of previous resistance level on H4. BB Bot nailed the short as well as the horizontal level for retest. Also notice the increase in BBW after the spike up, indicating that volatility is slowing down.
Imo we are not in an all out bull market until Btc breaks thru 11.3k level and confirms it as new support.
Gl, and may the...
Perfect hit of the upper Bollinger band and the resistane line indicated by BB Bot mentioned in the previous post.
Limit short got hit and took initial profit to pay for the trade. Trailing stop in place now.
Ideally would like to see a retest of 10k area to confirm sup/res flip, but as we know Btc has a tendency to not look back while trending.
So Btc is above 10k once more. Currently at weekly resistance line (see chart) as indicated by BB Bot. Notice that the volume is much lower than last time we tested this area, which doesn't exactly inject confidence in this move.
If we break this horizontal I would expect a bullish retest (resistance flipping into support), and a test of the next horizontal...
This is chart for my strategy, it works well when there is movement but not went going in tight range, however has close stop loss and stays invested so then as bitcoin moves it usually gets profits.
I wanted to find a strategy that I can keep running and don't loose money and doing a lot of trades, so I optimised it for 1 minute,
It is for generating profit to...