The short position from 34600 looks great now :) Check my original idea that I shared two days ago. Please like and share the idea.
Follow the trend always. Check my previous update :) Please like and share the idea. Thanks
Hello Traders, As I mentioned in the previous idea, Bitcoin got rejected from the strong support area which is between 34600 and 36200. Also, as you see on the chart we have the Elliot ABC correction wave which will end around 25700. Please like and share the idea and tell me what you think?
Hello Traders, As you see Bitcoin still in a strong downtrend channel. Trade within the range until it breaks down/up. Strong resistance area: 34600-36200. Strong support area: 28805-31000. Please like and share the idea. Thanks.
As you can see on the chart, there is strong resistance around 36.2k. Not financial advice and DYOR
It's super risky trade, I know. Opened a small long position at 30500 with 75x lev on Binance. Size: 0.5 BTC Entry: 30500. No SL. Liq price: 21471.
the whole idea is using the gann star to find the major swings on larger frames and the inner ones to utilize the vibration law to its maximum
any thoughts on the chart and price action?
What Are Gann Fans? Gann fans are a form of technical analysis based on the idea that the market is geometric and cyclical in nature. A Gann fan consists of a series of lines called Gann angles. These angles are superimposed over a price chart to show potential support and resistance levels. The resulting image is supposed to help technical analysts predict...
Gann Fan descending from BTC Dominance, trying to imagine the crypto ecosystem of the future. Thanks for watching
This is my current ten year outlook for bitcoins price projection, I feel that the chart is self explanatory but please feel free to pick my brain if you have any thoughts or questions. Price roof and floor are based on channels determined by a gann fan not shown.. it's middle channel is is the line labeled "G"
I just wanted to close the short and open a long position around 37.6-37.8k but I didn't because the support couldn't hold. Please refer to my prev idea. Like and share, Thanks.
Hello, Please refer to my previous idea :)
As I mentioned in the previous idea, Bitcoin couldn't break the strong resistance around ~41500. My short position still open from ~40.5k but there might be strong support between 37.6 and 37.8. I might close the short and open the long in that area.
Hello, After that strong breakout. Bitcoin struggling with strong resistance now. Only a strong breakout can take down that resistance. I'm short with a stop at the resistance point.
Be both a bear and a bull and prepare the right tools.
bear market 5-wave complete, abc finished but no 1.618 extension sadly clean break on keltner's though volume is low - assuming people are fearful of fomc - however buying pressure from those who are attentive is above standard deviation regardless, for me at least it is time to start building. will be cautious around 48k area due to zigzag B wave retracement...