About meI'm a self taught trader.All I care about (besides trading) is spending time with my family and producing music.
Free Signals and pattern Scanner: https://t.me/ScalpingMF
Join discord server: https://discord.gg/prK3dCQ
On the daily a new SHORT signal
We watch the strategy EMA to see if it is acting as support or resistance.
IF we take the yellow trend line we can see that PA might touch the trend especially IF strategy EMA are broken.
on the 4h we can see PA is struggling to pick UP
still no close above the yellow line 3850
if large buy force NOW enters it might pop up and be close to the doodle we see
but also IF dumps can search for support on the trend line but if to talk the real BEAR talk
after finding support on that trend line for 3 times - a BREAK of the trend line is...
we :eyes: the red line to see if there is a close above and sustain - IF SO can even go more UP
if not can go to lower trend even in case of strong dump
notice SHORTS on BTFNX are rising
Check my profile for FREE signals updates and much more.
trade safe and good luck
I've drawn some numbers on the chart
each time we try to break a level on other of the sides its level is weakening actually
SO we got 3 attempts to break the higher channel (red ) line but for now, we didn't break it yet.
AND we got 3 times the lower channel (yellow) line.
:eyes: on the green line IF res
can imo dump to...
Last LONG signal for noe gives false outcome.
If you been following the discord server and telegram channel you know I always say s strong signal always gets counter traded first by algo and much mo factors.
Anyway, my personal opinion on last days PA is im still bearish.
On the daily chart, we can see that IF...
After Last LONG signal of BitcoinMF strategy, we have a nice bounce and PA is creating super Bullish sentiment
Many Traders wait for confirmation of the EMA cross like we had yesterday and even more traders wait for 4200 area for confirmation for this bull run.
If you been following for a while you probably...
A look at the last Hours
Nice 1h EMA cross and good bounce on the shorter TF but question is will it go on or NOT?
I look at the red line but on a larger TF such as this
IF bulls indeed take control we should see a close above the red line and sustain there.
On the pattern scanner...
:eyes: if holds mid bb on 4h
double edged heikin candles many times suggests beginning of reversal
on the shorter TF :eyes: MACD
little more sell and IF we close below EMA 48 probably more down
but of course with bounces and chops
:eyes: for 3550-3500 level if...
For me, it looks like A FOMO candle
Watch the volume decrease
The MACD wants to start a new negative HIST cycle
Price needs to sustain above the green line at least EMA 16 for a chance for more UP
for free signals check my profile on Twitter.
Good luck and Trade Safe
So we got little down movement which was caught and retrace a little bit also
this small retracment imo casuing again the hope effect for bulls, and also plays with underwater bulls who think that little more it will break even it with them, but imo this is not the situation
and this little UP...
tryin to hold the 200MA on BTFNX weekly
IMO bulls see in this as a possible double bottom forming
BUT I highly doubt it rn (also because I'm SHORT)
for us to make a significant move UP imo we need to paint it on the 1h chart to rise some real interest because a lot f trader look at this TF and bigger imo...
So we had a little DOWN move
Little weak imo because we didn't break the yellow line like I was expecting
BUT it can playout still imo
rn testing for res on the 15 min as You can see
Price can pop to test EMA again
and also after DUMP many traders always...
a very tense situation
many traders see this candle and move and begin to confirm themselves for BULL
Price NEEDS to find support on the 1h imo in order to sustain this UP move
If it can hold those EMA as support and make them cross so it's...
We are currently got rejected by the mid bb on the Daily TF.
If no BUY volume enters soon the price will go down more.
rn ball is @ 15min chart IMO because bb bands trying to restrain PA within the range.
Last 15 min patterns haven't disappointed now keep following for bigger moves.
If you want to get more updates and...
Indicators almost at the bottom
Bulls are looking for rev point or some kind of significant bounce.
possible if start from now traders see bottom bb and start to build LONGS
if Buy power gets little stronger then next candle can be a catalyst for a retest.
Of course, I tell this cause I'm...
one hour to daily close
I will hold my short although there is also a chance for UP (like always)
If we look at daily we see it is bullish some imo
the macd, the volume slightly rising and the close above yellow line will "confirm" it to me.
I try to see what's coming...
what do you think will it pump today?
I wait to see if we get ti the purple line imo it will be wake up calls for bulls to enter even more.
what do you think?
If you like to check the strategy im using please the related links. follow for more.
BTC Daily Thoughts
1D. PA struggles to breakout. Our last Signal was LONG. and the price has been trying to hold support within a small range on the strategy 16 EMA + mid bb.
A rise in SELL volume can indicate further down.
12h. As always...