I think BTC have been performing a symmetrical triangle. this triangle consists of 120 candles, so 90 bar needed to break one of those trends. A break of the downtrend is very strong. if it happen, can go up to 12k and then pullback to about 10k and under it and then rise to about 16k. if it breaks the 9k support, can fall to 7500 or even 6000. what is clear is...
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This is going to be little bit of a different trade and will incorporate the same idea on my recent long time frame NANO trade I placed.
As you might've noticed, I've been sharing trades that in general have a very short time frame of selling. Get in, take the profit 5-20% and get out. We did this on BAT/BTC twice, ARK/BTC, VTC/BTC (This trade is still active)...
This is my first published TA.
If we compare 2018 downtrend with current one, we can see we could finish cycle 4 at around 10450$ and then we could continue downtrent to below 8000$.
plz, share your ideas.
Here we go again.
Bitcoin broke through the daily trendline and found Support at the 9530$-9630$.
Retested the daily trendline, short orders increased and led to another drop around the
9530$-9630$ region. After that it appeared a big bullish 4h candle which had a closure above the
daily trendline again, but also broke out of the range, in which it was stuck,...
Maybe it's easier than we all think. And we could have a simple W formation ahead. Many expect Bitcoin to fall further. I might be. But there are still many indicators, speaking for bullish. Many people wish to be able to buy cheaper Bitcoin. I see a bottom here, max. a little bit lower. So we have now a good buying zone. After the W formation we can see a sharp...
Bitcoin can make drop down to Range Zone.
The price had a long growth from 3200$ to 13880$ without deep correction.
Big players need to take their positions before move the price on long distance. They need to harvest stop losses and push the price down to buy this instrument cheaper and after big move up to sell it more expensive.
Best SELL entry will be after...
KRAKEN:XBTUSD - Do patterns stop playing out once they are identified?
In one of the concepts of multiverse, every action branches out into it's own universe thus creating gazillions of parallely exisiting universes.
I'm wondering what if, my identifying a particular pattern in this universe, results in creating an alternate universe, where the pattern...