NOT ADVICE. DYOR. Note: ParabolicSAR source = BTC.D same as Aroon
Obviously we are going to see a fractal low in BTC.D, & we have got ParabolicSAR dot switch same day. Other clues can be found in BTCUSD Longs and BTCUSD Shorts - both green bars. What next. Simple. Find all previously matching days. Best moves have been when price low on the day has been above 20MA. NOT ADVICE DYOR
It looks like a Breakdown from a Ascending Triangle with a perfect Bearish Retest. Break of the green trendline is a clear invalidation.
If I wanted confirmation I would look at my favorite derivative indicator... the open positions of Longs and Shorts. Are we going to break 10k? Maybe... definitely bullish right now on lower timeframes. However, we have yet to clear the high and are hovering at the 50% retracement of the 2017 bubble. I just don't see there being much "blood in the water"...
In a post, I made a few days ago, the setup I made got stopped out as the price hit 8900ish. Congrats for the risk-taker who entered both at 9090ish and 9000ish the price as reached 9250, 60% profit made in this short-term setup. Pitcure Link(BTC Bid/Ask Sum): ibb.co If you open the link I sent, you could see that we are currently low on demand for BTC/USD and...
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and put 1 more sell limit on 9310 targets: 9150 - 9070 - 9000 after first target reached move ur stop to breakeven stop: above 9400(depending of ur risk). ALWAYS follow ur RM . Good luck Follow me on TRADING View, if you don't want...
If you're ready for this kind of movement? You don't have to give yourself the thought of eternal growth. It doesn't happen in healthy markets. there's always growth and correction. If you want to make a professional profit, write your strategy or buy it somewhere. Healthy movement in any market is depicted in the picture: Push ❤️ if you think this is a...
Hi traders, Although I personally do not trade Bitcoin but I keep a keen interest and follow the market closeley for my client. As you can see there are two descending trendline on BTC. Top one is of course the major one and next one also a strong one which is actually a descending trendline within another descending trendline. That makes the chart even more...
BTCUSD LOW volume BEARISH. no reason to enter late short this. 10k was best enter only. Please leave a follow and like if you find it useful and I will keep posting for you guys!
Good week, everybody. I have an idea to do a GEP on Tuesday. Given that at the end of next week the May biannual futures ends and the last 3-5 knocks have passed with a clear dominance of large capital sales = you can expect some surprise in the last week of the month 📉. Monday America is closed for MEMORY DAY. Most futures will be traded until 12.00 am in...
Yesterday the GEP was shut down by 4%, while the part of the GEP was not closed. + divergence 8900 key level on the CME Exchange The level was built on the lower boundary of GEP. It should be hit by a squeeze and a further breakdown. Entry by pending order: It is possible to drop unnecessary passengers from the pool by a collapse, to raise the commission for...
BTCUSDLongs versus BTCUSDShorts Ratio - watching overleveraged positions
BITCOIN 10k Was Resistance! leave a like and follow please if you find it useful, it will helps grow my profile and I keep posting for you guys!:)
Introduction BTCUSD is being tracked on the BLX chart as it has the longest history and likewise Gold is on the Futures ticker likewise for the history and both are on the weekly time frame. Due to the speed of crypto the cart covers less time overall. The main chart is BLX and the chart below is gold centered on 2008 to 2016. Key Concepts Fundamental...
Target area 1 9100-9000 Target area 2 if more buyers 9300-9000 Take profit 5-8% Short below
One can visualize the pain and carnage of the traders that were short Bitcoin going into this move. While neither the amount of short interest nor the percentages long/short were at record levels they were definitely high and had been increasing steadily since the dump in March. If anything it was a great reason to be contrarian as the shorts steadily increased...