Current market structure and momentum points to a trading range down to $6800.
This matches an expectation for bollinger bands to re-set at the current higher price range before a new break out to the upside.
so this is my proFezonal analisis! if you want to buy btc lower then go all in your net worth 100x short. use my BITMEX reflink too! SO YE GUYS, REMEMBER, 100X SHORT HERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NO RED WOJAKS AFTER WE WIN THIS TRADE GUYSSSSSSSSSSS! THIS IS NOT A DRILL!!!!!!!
-Next daily pivots
-0.5 Fib of move from
High risk long because still inside rising wedge which can breakdown, but worth a try if risk is managed properly.
Ok I'm going against the grain here. I know everyone is waiting for a harsh sell off at the upcoming supply block at around 7800 but my gut tells me we're only going to get a healthy retracement before the next bull run.
The reason I think this is because we have been slowly creeping up since the recent drop to around 4k and the bears haven't really put...
Fib retracement .5.
Lurking around the top edge of an ascending wedge.
Yet to conclusively break out of the down trend.
4Hr NFI sell
Drop in the 4hr VFI.
since the dip to 3.8k declining volume on weekly, daily, 4hr, hourly.
S&P is slowing right up...
Hello everyone, we are taking a decision and herewith I show you our plan ^^ We are at a very important point, where I also believe that the way down will soon be free. Many don't want to hear and see it I know. We trade our plan and what the market continues to show us and, as I said, not what we would like to see. I expect a decision by tonight. It will be...
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We’ve been moving within this channel for quite a while. Now there is a bunch of support below.
Moreover the Golden Cross between EMA50 & EMA200 is almost inevitable, however a dipper pullback into the cross itself is not ruled out.
The odds are on the side of the bulls and since we are...
Current structure is a WXY correction upwards.
(WXY) : Consists of a smaller WXY structure
WXY: Wave W consists of 3 waves, also a wxy because of its complexity.
Wave X is the most complex wave of all of them, not dividing it into smaller waves may be wiser.
Wave Y consists of a 5 wave sequence, with my target at around 8.1k, could also go to 9k to fill the gap...
Its just hard to ignore the divergence in 3hr tf so if you take this short its gonna be at very low risk with a high reward setup we have so many confluence of taking this short if you look on daily tf 50ma is acting resistance and on this chart r1 is acting resistance and if you use the cow indicator 1hr is now printing a trend change direction so you can join me...
Price missed my bids for $50, sad but happens, will try to buy lower or short higher, not in position atm.
Bitcoin is trying to pass $7400 area, but was rejected at resistance.
If bitcoin will be able to reclaim $7400 I think it will fly to test $7700 but until this time, shorts look more attractive
Hit the "LIKE" button or sign up with my ref links below to...
Good morning everyone, on todays analysis we will focus on higher timeframes and work our way down to hourly on BITMEX:XBT.
On the daily chart, we are have failed to break the higher high , or the lower low for that matter and are at 7430 High and 7152 Low, we are in an indecisive period or should we say more of a waiting period. Waiting because we are currently...