good evening~ --- btc is starting to play out a scenario which i had shared last week - no real confirmation yet, but it's looking pretty good thus far. --- i'm expecting a stop-loss raid of all the long stops from the july 26th low, followed by the liquidation of all the range shorts before btc drops for reals. >stop the bulls >stop the bears >cliff...
good afternoon ~ ---- the last month or so has been a chop filled mess. the bulls are saying the bottom is in, the bears keep getting liquidated, while i watch patiently from a distance. ---- take note of this daily rsi: once the daily rsi surpasses the level of which it was at back in march, we will confirm a significant hidden bearish divergence. if you...
Bitcoin longs are at all time highs, but the market continues to plunge. This could only mean one thing, they're continuing to average down. ---- There's an old saying that goes a little like: "The market can stay irrational, longer than you can stay solvent". >Once the longs run out of $, >Liquidations will kick in; >Once liquidations start spiraling,...
Bitcoin is moving near the top of the Heavy Resistance Zone. Bitcoin is making a Double Zigzag Correction (ABC/5-3-5). We have two scenarios for Bitcoin now: 🔆Scenario 1: Bitcoin was able to find the end of main wave C, and it will go DOWN at least to 20800$ 🔆Scenario 2: if microwave 3 of main wave C is extended, then we can expect that Bitcoin can make a...
good afternoon o/ some nice moves this week. --- btc looks to be approaching my og target which i've talked about over the last few weeks. if you've seen any of my videos, you'll know what i'm referring to. --- final move up will be a short squeeze, followed by fireworks 💥. --- 🔨🔨🔨🔨
Hi, everyone; today, I want to check out the end-of-correction of Bitcoin at Weekly Timeframe. Bitcoin is reacting to lines of the Fibonacci Channel very well, so we can use it for finding the end of waves. Bitcoin is looking to find the end of the main wave A; I expect that the end of Bitcoin's correction can occur in the PRZ zone; also, according to the...
The charts are the result of a brute-force search for similar PA patterns over different timeframes in all of Bitcoin's price history. Use your human intuition to judge which of these scenarios looks the most harmonious. Some traders are able to stare at a blank chart for hours until they get a hunch, but I am not one of them. To synthesize something completely...
Bitcoin made a Head and Shoulder Pattern on the Heavy Resistance zone, which can signify the end of the bullish rally we saw these days. In addition, still, we don't hear the good news in cryptocurrency markets ( DXY is bullish, the Stock market is on the correction, the Cryptocurrency market is still in the shock of LUNA, and War is still running...
When Bitcoin was able to break the support line, after that, I can say that main wave B ended, and Bitcoin will go down. Fan Principle Pattern Worked ✅👇 🔴Heavy Resistance Zone🔴: 24100$ to 23020$ Bitcoin Analyze ( BTCUSDT ) Timeframe 2H⏰ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this...
good morning, --- this is the two ideas which stand in the way of btc going down to 13k. >if btc flips 20,670 into resistance, it will invalidate the wxy, >if the wxy is invalidated, there's a 66% chance btc will go down to 13k. >33% chance it will play out the expanded flat. ( before confirming 13k, it will have to first invalidate this expanded flat)....
bitcorn is accelerating rather quickly into the new moon which shall appear within 3 days. each new moon, bitcorn dives deeper into the abyss. each time, the bulls will say it's different, and each and every time it leads to the same exact result. --- in my last post, i entertained the bullish path which bitty could potentially take, but it's moving faster than...
Bitcoin is moving in the Leading Diagonal Pattern & PRZ (Price Reversal Zone); I expect that it will attack to Heave Resistance Zone again and then go down (it will not make a new high). 🔴Heavy Resistance Zone🔴: 24100$ to 23020$ ❗️ Note ❗️: If Bitcoin can break the Heavy Resistance zone, the Scenario will change (Low possible). Do not forget to put Stop loss...
i got to thinking this evening, a lot of people are really bearish, myself included. so why would the market randomly go down to feed all of these bears? much more probable for it to go higher, to give people the idea that we have found a bottom, then crash down to crush everyone's dreams lol. --- this is not my primary projection, but this is gaining a lot...
good afternooon, ---- (green path) as of this moment, btc has put in 3 waves down. so long as it doesn't take out the recent low of 21937.0 we can expect for a bullish continuation to around 25~26k. ---- (red path) if price goes below 21937.0 on this next leg, market will invalidate the move up to my original target, and it will confirm the idea...
The 2 major issues with all trend trading systems = 1. whipsaw = or when signals fire but are immediately reversed = you could be wrong 2. A smart entry hardly ever looks like a "good entry". = you feel dumb How to avoid: 1. trade size and stop losses = risk management = Expect whipsaw and plan for it 2. Trade size and stop losses = risk management =...
in my last post i discussed my bear case, this right here is the "bull-ish" case. bull-ish, because the upward move will be straight chop. alts will perform very well in this environment though, so that's a bonus 💰 --- for this particular scenario to play out, after rejecting 25~26k within the next 7 days, bitcoin will have to see a controlled move down into...
good evening, thought i'd go ahead and share my two primary cases, to catch everyone up with my thoughts. --- this right here is my primary projection for bitcoin. it implies that a local top will be created within the next 7 days, followed by a sharp move down into august \ september. >downside target on this particular projection is between 13~14k. >once this...