Sign of Strength in the chart:
1. Shakeout in reaccumulation
2. Green Pentagon above 20/40ma with Shakeout completed
3. Pullback in uptrend
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
I believe we bottomed at 30k and this was mid cycle shakeout. At big TF funding is still negative. Last time at this levels we were at 10k and Bitcoin go to 64k in 5 months.
NOT advise, more of an idea, as it seems crypto is being played by big fish and big fish eat small fish.....
i trually believe crypto is the future, but before we are in the future, there is still rough roads ahead.
Sign of Strength in the chart:
1. Re-accumulation
2. 3rd Green Pentagon
3. Monitor for shakeout and effort bars
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart:
1. Long period re-accumulation
2. Pullback
3. Shakoeut
4. NS signal at support (weekly chart)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Hello.
This is just marking some bullish signs of the chart.
We did go dip under 30k and even closed there on daily chart but there wasn't selling volume . Some people got shaken out, but the Smart Money opened their longs there with great risk/reward ratio.
Bulls:
- 7th try to break the RSI resistance, which is alot! Usually the fifth or...
The break through down trendline is a position where Composite-Man entry the market, and we can see this correction flushed the followers but price hold beyond that point.
This short time Horizontal Price Movement will end in a few hours, and the main impulse will continue.
The stars allign and the halfmoon is comming up..
Which is always the best time to buy!
100x long from here could very wel be a smart move.
D.Y.O.R.
Never forget your stoploss
For now, I remain convinced the market is bullish, although weakening for sure. The 30k+ movement has some necessary qualities of the shakeout. It broke through my first support which is also a SINGLE PRINT - only a lone candle captured these levels on the upside rally, no consolidation. It was further tested in February and eventually, the price broke through a...
Good evening ladies and gents,
It's been truly interesting these past days for me.
I wasn't around for the past two bullruns and couldn't participate in the shakeout of week hands before capitulation.
From my studies BTC shook the weak hands before the ATH of 1,163 and also shook weak hands on that drop from 4,765 to 2,972 before taking off to 19,666.
OBV...
Wow, well it looks like XRP took a turn for the worse in the early morning hours. But did it really?
Looking at the chart we see that we wicked down all the way to .95 landing right above our bottom Fibonacci level but quickly shot back up to 1.30 (now sitting around 1.17). This is very bullish movement.
Two scenarios play out from here.
1. This turns out to be...
ABNB looks like it shook out weak hands last week and put in a nice doji reversal candle. Now testing it's downtrend. Been watching this 181.50 level to buy above for a move back to its ATH.
Qtum did rally nearly 300% as expected.
Then we did saw a huge shakeout all the way back to the 0.6 Fib level.
Currently we recover and look for support around the 0.3 Fib level.
We still have upwards potential so we hodl on.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged...
