Support & Resistance : - When the two prices meet, consolidation between support and resistance. - Called support and resistance reversal happens. - A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed. - If the price falls below a support level, that level will become resistance. If the price rises...
- Despite the silvergate mini Fud, BTC still on his consolidation trend. - this Fud just caused a faster mini retracement but it would have happened anyway. - Next Fud could concern Stables Coins, They are trying hard, no smoke, no fire. - Whatever, at one point BTC will go his natural way....
- I don't post much right now because nothing exciting is on. That said i will give u one more advise : - When u trade you really need to switch timeframes. - if you see nothing is interesting on 1 week or 1 Day, go to H12, then go H8, then go H6. etc... - Now check your favorite indicators and look at some divergences. - Divergences are the base of trading. -...
- Quick Update. - Everything is in graphic. - Check SOPR + Green Circles. - Did some smart hands took their benefits ? - Yes. - Does it means BTC price will crash ? - No. - Does it means we are in a correction ? - Not really. - Does it means it's a boring phase ? - Yes. Happy Tr4Ding !
- Some Traders are still waiting for lower prices. - But to go lower BTC must first go higher. - TheKing is in transition phase : " Bearish to Bullish ". - Some retracements have to happen on the way up. - Some Fuds have to happen on the way up to create those retracements. - Today CPI results could impact a bit the trend ( Stocks + Cryptos ). - Notice on the...
- Keeping facts simple as possible. - Not a price prediction. - Everything in Chart. - SOPR is your friend. - Exhaustion #2. - BTC price still stable. Happy Tr4Ding !
- FIBMA by @Fract is one of the few indicators i still use. - it didn't fail in 2022. - 1W TF recommended - Was free but got removed by TradingView, Don't ask me why... - Knowledge has a beginning but no end - Happy Tr4Ding ! 💎🤲
- This is not a trade setup. -------------------------------------------- - Zones to keep close surveillance : -------------------------------------------- - 25,200$ - 27,300$ -------------------------------------------- Happy Tr4Ding!
- Quick update - IYKYK. - Everything is in graph, no need a long speech. Happy Tr4Ding !
- Just for Sharing - Not a Trade setup. - Need more confirmations to accept this trend. -- Bitcoin is more than the speculative numbers that most of peoples see in it. -- "For the people.By the people". -- Choose your Freedom and your path. Non nobis solum, sed omnibus. Happy Tr4Ding!
- Remember this older chart ( December 18 - 2022 ): - Please feel free to check it to understand the new one 👇👇 - BTC Finalized his movement at exactly 161.8% Fibo. - BTC did what it had to do at the perfection of the Fibonacci Law. - when the FUDs and Bad News not influence the trend. - No need any Magic Ball, we just have to follow the beauty of...
- Tomorow will be the 365th day in this bearmarket. - From now there will not be much winners or losers because in this situation, there's fear and doubts in both sides. - A little resume of this yearly journey : - Luna Rekt - 3AC Rekt - Voyager Rekt - FTX Rekt - and much more smaller entities like Zipmex etc.. - Despite all FUDS, the situation...
- i do not scalp but if u want to play, you need to level up some basics : - Price Action - Price Range - Divergences - Play Breakout / Play the Support - Stop Loss - Take Profits - Everything is comprehensive in Graphic. - i used H4 timeframe - Log Chart. - MACD indicator only. ( logarithmic one ). - if you want to be a Master Scalper, you need to be very...
- Very Basically SOPR (Spent Output Profit Ratio) measures the price bought versus price sold. ( but it's more complex than that ) - Negative SOPR typically means people are selling for a loss. ( red dotted Lines columns ) - Positive SOPR typically means people are selling for a win. ( Blue dotted Lines colums ) - So what we can notice and deduct from this...
- Not sure that we already finished Wave 1. - What we know is : " BTC went straight up for 4 weeks ". - the safest way for now if you missed the last bottom is to watch and wait. - At one point TheKing have to retrace, so be patient. - if BTC Retrace now : - Set your Fibo to -61.8% Retracement, around 18,500$ - Charge bag at the good time. - if BTC push more...
Dyor dyor dyor dyor dyor because this one isn’t about walking yoU through anything, we are at the moment of truth. And it can go one way or the other. I want this to be fun, I want you the reader to see what you see, and do what you feel you need. I’m waiting I’m watching
- Yes. BTC fell under 300MA for the first time in 2022. - No. Total Market Didn't Fall under 300MA in 2022. - BTC Dominance was 100% in 2013-2017. - BTC Dominance Top was 70% in 2017-2020. - BTC Dominance Top was 50% in 2020-2022. - Crypto industry is growing very fast. - TheKing will lead the way but, he's not alone anymore. Happy Tr4Ding!
- Not a price speculation. - Not a bottom Confirmation. - No need to speak too much because everything is on chart. - Understand this analysis. - Zoom in / Zoom out. - Follow the Lines and Circles. - Look for potentials breakout zones. - Aberrations are frequent in a turbulent market. - Supports always turn to be Resistances and vice versa. Happy Tr4Ding !