We will move from current prices to the area of $10,400
and enter into a range of $10,000-10,800
We wind up nerves and break through periodically to 11k with returns below $10,800
As a result, we go to $10,400 working out hourly divergences
We break through and roll to $9,400, working out the weekly divergence and trying not to go...
Some time ago I bought bitcoin for $2000, before the birth of the bitcoin cash, and at time it seemed that bitcoin for $10,000 is totally unreal, but we know it happened .
Apart from computer viruses and nuclear war, I see no reason why Bitcoin should not come to such high level.
I look at the picture purely technically, assuming that the impossible is...
On the weekly TF, the “triple bottom” reversal formation is visible, the profit for which is around 19%, the formation is supported by convergence of senior TFs (month and 2 weeks).
I will try to buy at the prices pass above $ 125 (breakdown point on the figure)
Stop - the price will fall below $ 125
Profit 1 - $ 141 (MA200 day + level)
Profit 2 - area of $ 160,...
The price is in long-term accumulation, drawing a triangle formation, the trend line is higher, thats why I assume there will be upward exit, since all this flat movement there has been no hits on the stops of the shorts, which are standing behind the obvious level of $220, so far only longs feel the pain, a constant drain down. Bitcoin is standing on the edge of...
The first trading scenario did not happened, the level stood up and the position was not opened by me. Now the second attempt.
The test of the level + divergence on senior TF is equal to the test of entering the short, despite the positive news background or maybe because of it)
I will enter in parts, if there is a test of the area $215-225, I will enter the...
Multiple testing in the region of $170, the presence of daily divergence of MACD encourages me to open a short one if the level is broken, with a stop on the return ($174) and profit in the region of $150-153.
Day MACD divergence
Everything is growing so beautifully, but for some reason I prefer to look towards shorts in present situation. And it seems like we are holding on the level, they came beyond $ 230 and it seems that Bitcoin has a bull formation on the daily TF, but there is one big and bold BUT - this is not a worked divergence on the weekly TF for bitcoin and we do not pass zero...
I think today many are sad about such steep fall, but things are not as bad as they look, in my opinion.
Looking at the weekly and 2 weekly TF, we see convergence along the MACD, convergence on such TFs, as a rule, can give a significant impetus. I would also like to note that convergence is triple (class A), which reinforces the buy signal. I also noticed that...
I decided to look at the monthly TF and found on Twitter a bullish triangle trend continuation figure, the development of this figure can bring the price to the region of $ 50. But on the weekly TF H&S figure, and this, as we know, is a reversal formation for the price, respectively, the development of this figure will send the price to $ 20, or even lower.
Perhaps CHK shares may not give a bad gain to the deposit. What we have: the convergence of MACD on almost all TF, from the watch to the daily TF, there is also a convergence along the CCI. The volumes were very large last time when we tested $ 1.5 and went from there to $ 8, there is certainly a chance that we still need to drop by $ 1.5, so I will try the...
Tesla on the weekly TF draws us the price discrepancy with the MACD and CCI histogram, maybe we can go and test the bottom of the trade for $ 250. On the line chart for a week, double top confirmation will be $ 326.
Option 1: the entrance to the passage price tag $ 326, stop about 2-3%, profit part of the $ 300 (10%) and part of about $ 250 (20%)
Option 2: input...
The crazy growth of the cannabis sector is amazing, X's in a short amount of time). Will there be a repeat of the history of Bitcoin, a sharp rise and the same sharp drop of 80-90%? Logically, the correction should be, let's see how deep.
Sell short 11 $
Stop 13 (-15.5%) - a big stop, but significant priorities, you can enter in parts as the price moves...
A large volume of transactions in the area of 20-23, most likely the price for the passage of $ 28, will find support in this area
Sell short 28$
Stop 29.3$ (4.24%)
Profit 1 23.7$ (15%)
Profit 2 22.12$ (22%)
On the weekly time frame, a head and shoulders figure may be formed, which is a reversal for the price movement.
1 scenario: on the aisle price level $ 34 purchase, stop $ 33 (-3.5%), profit $ 42 (+ 22%)
Scenario 2: buying from current with a stop of $ 32 (-3%), profit of $ 42 (+ 27%), you can then buy 1/2 positions and buy the remaining 50% if the price goes above $ 34