Lots of stuff in here:
Accumulation-Distribution
Bubbles
Gaps
Untested areas
Volume profile
and many other things... Both describing what could lie ahead as well as talking about lots of interesting concepts and phenomena
D1 - Price is moving inside a bearish channel, currently price is at the middle of this channel after bouncing from the top
H4 - Price has reached an important resistance zone zone formed by the 38.2% fibonacci retracement level, 100% fibonacci expansion level of the wave we have and the top of the H4 bearish flag pattern, bearish divergence.
We may now look for...
W1 - Bearish hidden divergence.
D1 - Price reached an important resistance zone formed by the fibonacci expansion levels of the three waves we have and is currently moving lower. Bearish divergence.
H4 - Bearish convergence, currently it looks like a pullback is happening, we may now look for more evidences of bearish pressure in order to start looking for the sells.
Part 2
Building on previous idea.
Creation of trendline on log chart of total marketcap marked the end of the first major bear market. Test of this trendline marked the end (or at least major reversal) of 2018 bear market. Now trendline appears to possibly be failing. Crypto markets could be in for a major bloodbath.
Part 1
Logarythmic chart of marketcap compared with standard chart of BTCUSD
To date, log chart of marketcap has remained above a trendline that was created in 2015. Weekly candles wicked below during the week of Oct 21, 2019; but closed above (first instance of pushing below this since start of trend). Current weekly candle opened below trendline. Every previous...
Everyday we hear News about Global Economy is Weak and Why the market is non stopping making new High ? Some People say due to FOMC,Global Central Bank Monetary Easing policy, Gov action, all kind of reason contribute to this market move. As Chart Technician, we Take away those news and take a close look on the chart, and It tell us where the market need to...
There are many techniques that WD Gann revealed to the world, but his most powerful idea of time being price and price being time is a difficult one to grasp, but sometimes, on occasion, these effects reveal themselves in simplistic ways so we can all look at them in glee and wonder. Enjoy this chart and hopefully you find this idea can make you many safe trades...
Trade 1:
Side: Long
Entry: 8381.0
Strop Loss: 8317.0
Target: 8864.0
RR(BTC): 5.83
RR(USD): 7.55
Trade 2:
Side: Short
Entry: 9009.0
Strop Loss: 9221.0
Target: 8121.0
RR(BTC): 4.42
RR(USD): 4.19
The current state of all November trades can be found in the following spreadsheet:
docs.google.com
This Post will be updated any time a trade is...
If Bitcoin continues to repeat the previous market cycle pattern.
2013 - 2017 reaching ATH (1000$ - 20,000$)
2014 - 2018 Trend Reversal: Bearmarket
2015 - 2019 Price Bottom: End of Bearmarket (200$ - 3200$)
2016 - 2020 Halving
2017 - 2021 reaching new ATH .
Bitcoin ROI since 2015 Bottom to 2017 ATH was 100x
Bitcoin ROI since 2013 ATH to 2017 ATH was...
USDJPY recent moves indicate the pair is bearish. A re-test of the recent low is a possibility & if it happened below 108.252, it remains a bullish trade ...
Silver is also recording an uptrend on H4 just like gold. At 17.339 level, there are potentials for the metal price to be rejected where Daily bear sentiments could catch up.
Blue= accumulation
Green= mark up
Yellow= distribution
Red= sell off
Here we have a complete Wyckoff cycle (from december 2018) and a smaller cycle. I think that we had the sell off and a first accumulation phase and now btc could be ready for another mark up (green).
- I expect a trend reversal from tomorrow;
- I expect a pump 21-22 november;
- I expect a...
