After forming a H&S we might go down to 53k which is a good buy-price before hitting +60k!, post your idea in the comments below:
Will keep this one simple. We’re still very much likely in a corrective Wave 4 (of primary Wave 3). If Bears win the orange line, Bulls likely will win at the orange box. If Bears win the red line, Bulls likely win at the red box. Anticipated: Running Flat or Extended Flat correction.
This popular cryptocurrency(BTC) is now priced at $ 60,000. If the candlestick closes above 60,000 daily, it has the potential to grow up to 240,000 . Otherwise, if it falls below 58,000, it can be corrected up to 30,000. Supports and resistances are indicated in the picture. Let me know what you think in comments. ***Future is yours***
Hello Traders and All Bitcoin Lovers ✋ ✅ As I have worked For Several Days On the Bitcoin ( BTC ) Charts , I Drew A New Wave For the next Movement of Bitcoin .. ⚠️ As you Already May know We Are in the Same Price Action Pattern as 2017 And if it Continues , We Are Going To have another < BULLRUN > And The Magical 2021 will happen .. ✅ I drew the chart...
📌 ridethepig | BTC High of the Quarter? A short iteration update here after the wild moves cleared the board and left a lot of confusion behind. The beauty of abstracting to volatility trading, or elasticity trading or trend following is that you take all of the noise in the inner waves out, and just trade time and probabilities . Well done...
please watch my linked video below in RELATED IDEAS for a detailed description I think this is a big deal.
📌 ridethepig | Variation of Flow & Profit Taking When in the much disputed variation of covering partial longs, we can look for some shorts to play the pullback towards +/- 48,000 of an incomplete (iv) in a 5-wave sequence. This point of view is based on a complete and understood notion in the concept of an underlying impulsive nature to the move. For this,...
📌 ridethepig | The Capitulation Very little to update after a quiet European and NY play. Buyers are clearly in the superior position, as you all know, just a matter of time before we get the capitulation let now. A very quick leg towards $57,000 is in play , we have the open ladder after clearing 161.8% extensions and our enemy is...
📌 BTC Flirting to Break $50,000 This illustrates the perfect gift for valentines , but also touches on the problem of magical technical targets. An impulsive leg, avoiding the 161.8% target for our wave (iii) because it could lead to it being pinned by sellers. Now buyers are better than the textbook move for our , firstly when you think of...
📌 ridethepig | $57,000 in the Crosshairs Satoshi's vision is coming true... Trump impeachment noise going on in the background providing the ebb and flow while the reality beneath the political waves is that the more you clamp down on freedoms, the more the masses realise. There is a significant coming to consciousness occurring, the rate at which shoes...
Current : 10 Sats ATH : 196 Sats "For entertainment purposes only"
📌 ridethepig | BTC Breaking to Fresh Highs Buyers taking the highs after the news, I have my eyes and now it is time to aim for the home run and initial ideal target at $47,500 - see the yearly close chart below. I managed to carry out some nice bids on the pullback although we failed to clear the $27,000 which was the well-known (C) target in our wave 4...
Hola IOTA is ma fave project IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique...
Small charts under 1D have been extremely choppy which has made for a ton of liquidations on both sides of the market. I myself included. Thank heavens for risk management and stop losses. Zooming out to the 1D chart, we can see a much clear picture and pattern at play. The previous Leading Diagonal formation which I was expecting to play out, unfortunately...
PLAN - Open a short position at 1314-1328 and set a stop loss at 1407. - Set Take profit price at: 1. 1256.60 2. 1127 3. 1052 - High risk but higher reward, 1:4 INFO - "DOUBLE TOP" or M formation and "HEAD AND SHOULDERS" in play within a symmetrical triangle. Breaking down can bring us to 1050 or 956. - HIGH VOLATILITY EXPECTED WITH VOLUME TO PUSH PRICE...
PLAN - Open a long position at 36000 with a stop loss at 33000 - TP positions: 1. 40000 2. 42000 3. 45500 - If the price does not reach our entry price then wait for a pullback from 40000 to 38000 to long again. (Will be updated later) INFO - Once price reaches to TP 1 change your stop loss to entry or Take Profit there. - Do the same for all the TP...
The difference between a 3 wave count and a 5 wave count makes all the difference in the world. Bears have eaten good over the past couple of weeks but the Bitcoin bulls will remain in control for the next few weeks as price continues to mount up towards $46.8K. The big crypto reset that a lot of people have been calling for has been postponed.' Super sized 3-3-5...