DenisTrofimov

DenisTrofimov

According to tradition, with a panic sell-off all across the markets, I would like to show Plan B for Bitcoin, which is more bearish in the short term, but still has the potential for an All-Time-High update. It is based on the Accumulation and Distribution structure, as well as more complex market maker models within. So far, this is nothing more than an idea,...

DenisTrofimov

#DXY #EURUSD Futures chart for the Dollar and Euro index over the past 7 years (5days) The global review of the Dollar Index from mid-September has practically worked itself out, and the price of DXY has returned to the High Value Node of the entire range from the beginning of 2015. As a rule, at this level we can expect a long consolidation, the ranges of which...

DenisTrofimov

BTC/GOLD Market Fractal. We all remember that BTC unbreakable support that once gave way and caused one of the biggest bull liquidations in history. Looks like GOLD is building the same liquidity pool below $1600. Much panic will be caused below it.

DenisTrofimov

NQ broke out of the consolidation to the upside. The market structure has changed to more bullish. Targets on the chart. The only risk is Non-Farm/ Unemployment Numbers Fri 8th, at 7am

DenisTrofimov

ES is testing major resistance. If it holds the downtrend continues into new lower lows.

DenisTrofimov

Really party for BTC bulls. +35% in 1 week. Looking at Daily Chart it seems like the test of All-Time-High is inevitable. One of 3 options will most likely reverse the trend at the All-Time-High with a minor False Breakout and deeper correction into $47700 High Value Node for further consolidation. Hard to say if we breakout on the 1st test and start heading...

DenisTrofimov

Just an out-of-boredom idea. Not a signal. Similar patterns on a daily chart, but this could be just a vivid imagination.

DenisTrofimov

There is no secret that many experts anticipate fiasco and total scam of the Dollar Index. I am no expert, but the charts have been consistent in telling their own stories despite general expectations. This is a 15-year-period chart of the Dollar Futures. There are two distinctive Ranges with their own deviations. The price has failed to go below 88.150 and is...

DenisTrofimov

The Dollar Ready is showing short-term strength is now positioned for a major breakout. Overleveraged and overheated markets will not like that breakout. Crypto might give a big leg down as well.

DenisTrofimov

Lets see if this plays out. Just an idea and nothing more.

DenisTrofimov

BTC might be setting up a new Bull Trap before the downtrend continuation. If we trade above $38k the scenario is invalid and next up-target could be $47. Levels of interest below are $24k and $19500

DenisTrofimov

ETH looks stronger than BTC, but still below the major resistance. Targets on the chart.

DenisTrofimov

BTC volatility is squeezed into a very obvious triangle, that will screw many leveraged positions. Fed Chair Powell Speaks tomorrow morning, ad there is also a big Bitcoin 2021 Conference in Miami. Not to upset the hype of the event the price will most likely breakout into $43000-44000, but will fail and the sell-off will continue into sub $30k, possible $24

DenisTrofimov

IF the price breaks above $43000 with some good conviction, the best idea is to enter longs on the retest with a target of $53000. Untill then we are below major resistance with either long period of consolidation or downtrend continuation.

DenisTrofimov

This is one of the scenarios of the range development. We can go back and test the resistance that can be a good short entry. But I am not willing to go long off $46000-49000 zone until price action shows some strength and willingness to go higher.

DenisTrofimov

#TSLA #MSTR #BTC I decided to develop this topic a little. It may be just FUD, but the two main dumpers of Bitcoin Tesla and MicroStrategy can now become the main dumpers. This is how a bubble can burst. Tesla may lose lending from the state due to new car makers who entered this market, which will force Musk to completely liquidate Bitcoin's position, since...

DenisTrofimov

Support and resistance zones are on the chart. If resistance holds ,we will test support. If Support fails we are most likely going into $39000. If resistance fails, we will test All time High and possibly put a new High

DenisTrofimov

Bitcoin has been balancing in a tight range for over 3 weeks now and is now up for a big impulse swing. The diagonal trendline looks like either a trap for shorts or an area of big buyside liquidity pool and billions worth of liquidations and cascade of stop losses. Time to reduce risk for longs and be ready for some big range bars