JUST SPOTTED THIS ADAM & EVE, AS YOU KNOW IT'S NOT EASY WATCH A CHART AND SEE SOMETHING DIFFERENT FROM OTHERS.
OK I JUST FOUND THIS FORMATION THAT COULD BE A POSSIBILITY, STOCK MARKET SHOWING WEAKNESS AND BTC WILL FOLLOW, I HOPE THIS IS RIGHT SO I CAN EAT AGAIN TONIGHT SOME PIZZA. I LIKE BIG PIZZA DOUBLE TOMATO SAUCE AND FRENCH FRIES OK, I LIKE EAT JUNK FOOD ALL...
This is not a financial advise to buy or sell bitcoin its is my personal trade and i am sharing this for my record and for educational purposes
i am not a professional trader, i am also learning
in this chart btcusd is forming rising wedge pattern according to this pattern we are bearish
MA 50 and 200 had crossover which is bullish
so i am expecting...
Took this btc scalp long with tigh stop, let's see, i hope to add to my shorts around 7.3-7.4k.
need some money to buy ramen for this long scam bear marlet.
You may also like my Swing trading indicator:
Bitcoin's bearish flag is still running and soon bitcoin is going to follow other markets due to world's panic caused by corona virus.
Correlations shows that Bitcoin had a day off from the market crash and soon will be corrected.
why Bitcoin it'll dumping again?
1 : Btc have bearish engulfing on Weekly
2 : We've now Bearish flag and when break it down the stick of flag touch old bottom
3 : Bitcoin Had correction And touch massive Resistance 5800 equal 0.5 fibonacci and bounced.
4 : Btc Trading now under 200 Ema weekly and we aren't brouck it 200 Ema since 2013
5 : The world in crisis...
There was heavy resistance on the monthly Ichimoku Cloud as the base and conversion line were at the same spot.
Being rejected, there is a high probability, that the price drops and the cross of the two lines is being confirmed, a bearish signal.
Furthermore we have the cloud, which is extremely narrow and therefore easy to break-through.
The lagging span (green...
After the last two attempts to break through the 9500 USDt wall, it seems that the price may return to much lower levels. The low volumes are moving towards lower and lower positions (from 9500 to 9300, to 9100 USD) and it is therefore probable that a "panic selling" can be expected in the short term. If this condition had occurred, the price chart could perform a...
If we're to mimic the previous cycle - this fractal matches it. Publishing this to watch it play out.
It ultimately leads us into a drawn out wyckoff accumulation pattern below trend resistance while holding the 4k range as support to create the trading range.
Scary! Possible. Never neglect all possibilities. It'l burn ya if ya do!!
With the US economy...
Bitcoin has entered the Reload Zone (green square) yesterday , and as we all know , it broke the trendline a few weeks ago. We can see on this chart that bitcoin has bounced of the trendline. We can expect a retracement on the 0.382 or in reload zone of the last wave (red square).
We could have a Shark Setup if it goes back in the reload zone (red one) .
We expect BTC to reach the reload zone OR retest the previous V-bottom.
Bitcoin has done a counter trend rally so institutionnals can short . We can ecpect it to go to the reload zone (green zone) and we'll see what happen next.
DO NOT SHORT AT THE MOMENT, THIS IS A NO TRADE ZONE FOR ME.