Working off the trent lines that have been build and pattern that has been reinforced for 9 months we can see that the overall position to take is long With the more recent short term resistance line established we can use this to help time the break out, or intensify how much we yell at our friends to go long also.
these hidden bullish divergences have correctly moved into a bull market and we have a huge one playing out right now.
There's suspicious activity happening on Bitfinex, and I think a whale in holding up the price and absorbing a long of short entries, and then I think he'll raise up the price and squeeze the shorts out. Going long for a scalp.
For those who doesnt want to read it all and doesnt see any arrows that i usually use, here are key targets. Price now - 6366 If we pump above 6400 i will try to add to my short position at 460-480, would be a great entry. If we jump from cliff and end up at sub 6200 and shorts will increase significantly - i will get a long position and prepare for a short...
I'm honestly not sure if i'm meme-ing or not anymore
Hello it's Mattress Mike with a view on the next few days; Now hindsight is 20/20 and we all make mistakes, the important thing is to learn from this. This is an important consideration when reading adive of the many armchair experts calling for sub $3k on the basis that they have been correct so far. But herein lays the problem that everyone is correct until...
Hello there, it's Mackerel Mike. Before I crack on I just want to walk you through what I just did. If you read my last update then you'll recall I opened a short to scalp a little, stop loss got hit and it was a sad time. Since then I reopened and caught the small drop with a bit of leverage a minute ago so it's fine I’m over it. Then I noticed something, I...
This elliot wave seems quite in play. I didn’t spot it but have taken the chance to showcase some great signal being confirmed on each wave. My wave 5 pans out different to who mapped this before me (sorry I can’t remember you, and I think he got it from someone else too lol). I’ve kept was 5 stunted because it is face planting into two support lines and has...