bitcoin is making the bear rounds, and is in a snapback phase counter to the bear trend. basically right when this strat says sell is where you want to buy. that point should occur soon.
The chart would be self-explanatory.
Here we are rebounding from FE 0.886.
I marked 1.000 and 1.114, respecting the H & S.
This article is tagged as "short," but beware of possible extensive upside moves. Better be cautious until the candle crosses down the arcs' crosspoint (at least in a lower timeframe).
By the way, this is an update for my most notorious...
Gann Square, the built-in smart tool of TradingView, is provided with many fans and arcs. Every single one of them, if properly plotted, is considered to serve as S & R. Not to mention their crosspoints.
In this chart, I applied it so that only the strong movements (progressive waves in the E.W. Theory) in the trend direction penetrate the arcs and the...
Bitcoin is facing significant resistance from both moving averages and the combined wedges that have been forming over the last few months.
Equity markets and Bitcoin are closing into key technical make or brake moment. I believe we might see more bull traps before a significant drop over the next week.
Goodluck
I guess the bull trap is over for now and we are going to fall down to the maximum pain without mercy without feelings
hey guys be carefully they manipulate the major move to take your money
best luck to all
Assumption - this is the final attempt to capture C and go down from there
Risk : massive upside haha . tight SL in place . low chances of success , but high reward if successful
Through fundamental analysis , we can try to detect the authentic and objective value of cryptocurrencies in spite of their market price.
Through these techniques, we can assess whether a cryptocurrency is undervalued or overvalued, and we can detect a trading opportunity.
With fundamental analysis , traders evaluate and study what can affect the price of a...
