Hello, Dear fiends
Bitcoin is consolidate in a triangle, yesterday, the higher low is setup near MA 100 day, still keep inside this triangle.
From the formation, upward breakout is expected, strategy is buy near the bottom of this triangle. I think the 9000 level is very solid support in near future!
And let's have a look at a reference also.
there is a...
Hello, Dear friends
Long time not updates, Since I'm preparing a certificate exam recently.
In this period of time, BTC just falling like a shit! but I'd like to say it's very good opportunity for the long term buyers.
Buy in which level?
current price just break the support of MA 100, if this level break with daily candle close, I'm expected it will find...
Hello, Dear all
GBP long opportunity incoming:
Weekly RSI near oversold zone ~ 30
May find support in ~1.196 USD
potential pattern : double bottom.
It's good chance to long in mid to long term perspective.
support ~ 1.196 USD.
Hello, Dear all
BCH approach the resistance ~ 324, potential opportunity to short, the next resistance ~ 340.
BCH/BTC in support region, watching closely if break or hold. if it breaks, worse for BCH.
Support / profit take in : ~310, 300, 280
ETH consolidate in triangle, is about to choose the movement direction. and I thought is according to the direction of bitcoin.
resistance : 223, 236
support : 210, 192
And one thing should be notice is ETH/BTC, back to weak mode, struggle in the support region, if bitcoin going down, ETH/BTC may going down also.
Hello, Dear all
EOS potential dump is incoming:
1. 4.7 is the resistance, tried hard serval times, but still cannot break, and the volume is decreased.
2. Macro crypto environment: bitcoin is struggle in down trend correction, whole environment is not good.
1. double top in 4H time frame.
2. RSI / volume...
Hey, Dear all!
Bitcoin just in a major correction after the long run bull market, in this threads, I will try to talk about my strategy about :
Where is the end of correction
How to trade in this major correction
How to long after this correction
Previous thread review
Last week, Bitcoin surge ~ 8% in 15 mins, lots of shorter liquidation in this storm. but I...
Reason for short EOS:
Pattern: double top in 4H time frame
Weakness for bitcoin, if bitcoin dump, EOS is a good choice for shorter.
First target ~ 3.85 usd
Second target ~ 3.55 usd
Stop loss : ~ 4.42 usd
Silver just break the neck line ~ 16.2, retest the neck line ongoing.
Double bottom structure from Aug.18.
Macro economy : lower interest rate expectation. and gold break the six year long resistance.
watching closely if the neck line can be hold or not. long opportunity if it hold.
First target ~ 19-20
Gold just break out the resistance, bull run incoming.
Current the price just retest the support line.
lower interest rate expectation in July.
break up the resistance zone in last 6 years.
See my last post about gold:
Just a few minutes ago, bitcoin surge about 1000 USD from ~ 9200 to ~ 10400. lots of pain for bears, especially whom holding high leverage short contract.
But when I check the fractal for bitcoin, there is a pattern very similar to current chart, which happen in 11.Mar. 2018. The similarities are:
Double top in 4H time frame.
Bitcoin price break...
Just another threads continue to analysis and update how to short bitcoin.
Current status is worst for bitcoin, since a double top is formation, if the trend is confirm by price drop below the neck line ~ 9700, huge sell off will trigger, And I think the possibility for this to happen is very high in one or two weeks. Keep our short position tightly!
Hey, Dear all
BNB load opportunity incoming. I'm track Binance and BNB for a long times, it's ecosystem ranked as the first one in all of exchanges.
BNB was among my long term holding list, but you know it's price not good for buyers, in the 1H of 2019, the price surge ~ x9, I bought some ~ 6.6 usdt, but very little amount, after that I didn't find the best...
Bitcoin now near the previous high ~ 14000, I'd like to have a multi time frame analysis about bitcoin, and I will try to describe what's the best option for traders.
Weekly Time frame:
For the weekly time frame, I'm rarely seeing two green candle stick after the shooting star pattern with huge volume. weekly RSI running in overbought long times, I'm expecting...
Bitcoin pump in last day to ~ 12000, but the volume is not optimistic for the bulls, no consistent volume, and the uptrend is hard to hold for bulls.
Here is my proposal for the path of bitcoin, we may see 4H double top formed, and the right top maybe lower than the left one. my plan is closely watch the volume of bitcoin when near the previous high 11900-12000....