As we’ve been having conversations with all kinds of players within the cryptosphere, we’ve noticed Index Fund managers as well Miners who are long-only are looking for additional sources of income. This piece will be to educate them in a potential CALL WRITING strategy that can satisfy their need for additional income. When entering a CALL WRITING program, one...
BTC has continued its uptrend over the past few weeks but has been leaving a trail of gaps behind it The most recent one being from 3990~3875 We also have 2 others below 3685-3650 & 3165-3150 and another one higher above 4410-4375 , which coincides perfectly with the 48EMA Whether we clear the higher one first before trending lower or return below...
Pennants and wedges are completely the same as the triangles in trading. Something you have to be careful about is that you should not rush and take a position as soon as you think that you have found a pennant or wedge. You have to wait for the market to develop a complete pennant or wedge. Then you should wait for the pennant or wedge resistance (in case of a...
who knows right? need to break past 3780 with conviction for it to work.
If support is found at the 3450 area and then the 4400 gets broken that would look like an inverse h&s , but if we slowly descend from here we could full retrace to 3100 and if support is found there, and we break 4400 it would look like an adam and eve bottom. I expect it to be temporary and not break 5600. Gaps will be filled 2k someday
BTC has two gaps open on futures but which one will it hit first? Place your bets....
Nobody is buying this junk anymore. Institutional Short Capital is entering the market in crashing Waves. 2019 will be the year of annihilation
Price made a 5-wave structure hitting a recent bottom at 3515, and seems to be bouncing higher in a 3-wave structure. We are seeing a potential relief rally towards 4684 area before another potential move lower. Is it a short term buy opportunity? *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in...
Breakaway gaps occur at the end of a price pattern and signal the beginning of a new trend. Read more: Playing The Gap: Profiting from Stock Disruptions | Investopedia www.investopedia.com
If tomorrow we see the bitcoin price increase and hit the green box, this could be confirmation of a bullish fakey pattern with a target of 6910 which would be very nice for the bulls and any HODLers! If the price dips lower than today's low though that would be an indication that this pattern is not valid and we need to keep looking.
The bitcoin price is in an ascending channel on the 15 minute timeframe. If the price breaks downward there is possibility of profit on a short sell.
We can see BTC filled the previous gap formed when we broke way lower on the future chart It took a few days but we did close the gap but there is still a smaller one left a little higher We are within reach to close that gap BUT a move lower could be followed How strong of a move lower? Time will tell but the reaction we get when we hit this next zone...
Not smart to trade a 24/7 asset though a market that closes...
99% forecast in this website are dumb and stupid 1%are the really shit not because they are smart, .....