A few days ago I published this idea which is playing out nicely (for the bears, not the bulls) I think the formation is actually a triple zig-zag, not a double. But either way, the end result is the same. Here's a comparison to what happened in the last bull run in Dec 2017. This bull run, like the last, has been a suckers rally, and we all know what...
Is this channel valid and is this a bull trap inside it? Only time will tell.... $10,600 has got to hold to keep this run up valid and we have to break out of the channel and stay out. I still have my base long position and a pile of cash. Just waiting for the right opportunity to add to my longs.
What if the composite operator/whale(s) set out to enable massive liquidity by shaking out all the weak hands through an algo that created a weekly closing incredibly bearish doji (gravestone/shooting star)? If so, then they should enable the shorts to pile on towards $9700 or so and the squeeze the heck out of them up and through $20k. I'm buying the dips down...
Hello, my dear trading partners, how are you? In this analysis I show a possible BullTrap today at Bitcoin ending the fifth wave of elliot, with capacity to return to the region of 9K USD. I do not want to brag or anything, but I hit 9 giant trades in a row, all short. I think it's a good thing you follow me, I sold on the bullion, I'm already profiting in 1...
Yes we crossed the 200 ma on daily, yes we made higher highs on every time frame, BUT why is only one or two coins going up (BTC, BNB) if the whole market is bullish? Last time we were at 11k ether was about 800 a pop, we had a market collapse and then a sudden inflation. I don’t think this is a real bull makret! I expect a massive correction. Bearish indicators...
When price makes contact with that brighter yellow ring we will be dropping to make new lows around 2k - 2.5k. I am expecting this will take place sometime between late July and early Sep 2019.
The EURAUD made a bull trap and might after breaking the support line which is close to the 50% fibonacci level. A break of this level gives room for price to go to the (blue) support zone which is at the 78% fibonacci level.
In the begin of this week, the consensus of technical analyst was clearly the following one : Bitcoin is going to sink again ! Not considering if Bitcoin is a good asset to invest in the long term or not, the doji formed on a weekly chart by end of May was a clear bearish sign and many analysts were surprised when the falling wedge has been broken on June, 10th...
using the monthly 20 MA or weekly 100 MA (~equivalent), we can watch to see where markets unfold. Prepare to short the breakdown and take profits quick, the re-short at bull trap retest of the MA breakdown.
not gonna say much think the market is heading down but slowly entering a scalp trade on this bullish setup stop very tight this has the vol to have some nice trades today but think you will eventually see at least 220sat again most likely much lower as the people who will accumulate this will not accumulate at this level so investors beware
This "bull run" (laughs) is a complete fabrication fueled by manipulation. The top is most likely in, and it's all downhill from here. Bulls are in a state of elation and it's time for "them" to pull the rug. There will be a series of bulltraps as we fall down, with less and less strength as bulltards lag behind trying to long the "dips" until the reality of...
Hello guys, at what stage of the cycle are we? let's look at the NVT indicator. I calculated the price and time peak price using a mathematical calculation based on previous peaks. What you think about it? Sry for bad English :D Thank you.
Bulltrap in the making. Be patient. Don't be fooled.
The next correction will be important, as it decides whether or not we're in a bull market by definition (higher lows + higher highs). I see a healthy correction in the low to mid 6000s, consolidation / triangle and further work on the next leg up as a valid scenario.
Hey dudes! I can't help but look at it in the bigger picture. I agree since our last low in December that it has been looking bullish but overall I still see lower highs and lower lows. If the Bull run has started wouldn't it be confirmed by getting a new high ABOVE $7,300 which was in theory the last high we have had. And after closing above $7,300 we would...
This is probably not popular opinion but not long now before bitcoin’s descent back to $4.2k before final capitulation. This is evident using a fib circle connecting the swing low for 2015 to the 2017 ATH and a Schiff Pitchfork connecting the 2013 swing high to the 2015 swing low up to the 2017 ATH, to give us the bigger picture. Then for a comparative view of the...