Correction* Weekly 99MA is my target. NOT the 50MA
Hello dear crypto friends, hope you're doing well guys! ;) BTC saw a perfect break out of the Equilibrium as we were analyzing on friday. I'm gonna walk you through what I had already posted in our Slack group live yesterday. And of course we're also gonna look at the current potential for further continuation or reversal given all the timeframes. Have fun...
Welcome back everybody, We have a short position as first target at $11,067 and second target at $10,320 with stops above $12,376 If we break the 38.2% level for the longer term fibonacci retracement at $12,023, we might see a rally towards $13,200. If we break $12,376 level, we could potentially test $13,845. Potential reversal zone for buyers is...
Just lol that's all
Hello dear crypto friends, it's been quite some while since I did the last video. It's because I've been restructuring Edgy's education model. I'm gonna tell you about it, the link is as always in my description. BTC is pretty much in indecision mode, but this is not gonna hold true forever: The bulls have now the chance to hold the bottom, or lose it for...
Hello dear crypto friends, hope you're doing well guys! ;) Two important things happened last week: 1. The congress told Facebook to stop working on Libra and 2. Trump tweeted against Bitcoin in defense of the Dollar. As the saying goes: First they ignore you, then they laugh at you, then they fight you, and then you win! => We have clearly arrived at stage 3...
A cozy chart, I'm taking a small short on the 4h short roll down, especially with the small downward expansion on the micro timeframes.
Hey folks, today is a brief update as I have places to be! I'll see you all tomorrow.
What's the proper way to enter a long on this monumental parabola? Is there any safe entry method that won't leave you liquidated while still staying bullish? Tough questions answered today as bitcoin pushes for new highs.
If you watched last weeks vid then you heard me mention this already but these two areas look very similar to me in terms of price movement. This is something ive been following this week which has helped me capitalize on these bullish moves. If we continue to follow then we should get a small dip soon and rally higher near 9.7k.
A quick analysis on the the previous compressionary period and how this reaccumulation might mirror it.
The longest over expanded period period's 1.25 standard deviation was crossed and bitcoin has entered its compressionary period to restore the market to a state of potential energy. Trend cannot continue until the 225 period WAVE PM compresses below the 0.7 value, which should result in a sustained sideways move. This will be the beginning of alt season. When...
Hey guys, pretty simple, just follow my updates for all the moves I will be forecasting but basically, we expect a consolidation before any upside moves. Plan A is a bearish move since this could be a correction. Check my last BTC analysis in Linked Related Ideas. We pounded that one :) Carlos
Some soft signals that this is potentially the top today. Super high risk so position sizes should obviously be small.
Bearish conditions are still active believe it or not, and we're right below the massive bearish orderblock from earlier this year. Low volume, tether fud, it's just a matter of time.
Hey, been a week since I've uploaded. I go over my thoughts on why this is, theoretically, the top for bitcoin this week. It's certainly been a long month as far as trading goes!