MrPalmTree

MrPalmTree Updated 

Hi traders, as i told you in the previous Bitcoin ideas, Bitcoin has broken the key level and it's the start of the end of cryptocurrency, no exception for any other Alt coin. This is the 4H chart ETH, seems like we are on the very strong support and with the RSI buy signal, will it bounce ? No, stop it, stop buying cryptocurrency. We've been rejected by the...

MrPalmTree Updated 

Hi traders, quick update here. If you follow my previous ideas, you may knew the importance of the 10875 zone. Looking at the 4H chart, we see bitcoin had a real strong support of the 100 SMA line (red line). That's a very positive signal that can help in this situation. Now my advice is, if you are aggressive, BUY some at this level, and put a tight stop loss...

MrPalmTree Updated 

Hi traders, if you followed my previous ideas, then congratulations, we predicted its key level and movements. Now jump right in the 4H chart, we are in our shorting target. I would tell you to strong buy at this key level IF THE LOG SCALE DIDN'T FUCKING EXIST. Everything had been positive in the normal scale until i relized that the Fibonacci Trend respects the...

MrPalmTree Updated 

Hmmmmmmmm... How can i forget about the log scale? Just look at the log scaled chart, we are still in the huge downtrend and has just been attacked by the roof of the trend. The problem is, Fibonacci Channel has more respect for log scale than normal scale. And with the low volume, can't tell it's not going to crash. Hmmmmmmmmmmmmmmmm My advice is NOT placing...

MrPalmTree Updated 

Hi traders, let's jump right in the 4H Chart, exactly as i told you yesterday, it was pushed down and now it's looking for our 10875 Cup and Handle Pattern target. However, we are approaching the 11280 and 50EMA support that can make it go higher (30% possibility). My advice is that if you wanna be safe, let's buy some at this point, we'll buy more...

MrPalmTree Updated 

Hi traders, let's jump right in the 4H Chart, bitcoin successfully built the right shoulder of the inverse Head and Shoulders pattern. But seems like it'll meet that 10870 Buy Zone that makes a Cup and Handle pattern before taking off. -------------------------------- Tell me what you think in the comment section. Remember, we are in a long-term uptrend. If it...

MrPalmTree Updated 

Hi traders, jump right in, if you followed me going LONG at 9740, then congratulation, it's near the time to take profit. We have a major resistance at 11675. If it breaks, 12355 Sell-zone will be the next target. However, we still need more volume and it's kind of overpriced now, so it should find support at our 10840-10650 Buy-zone. Now we need to watch price...

MrPalmTree

Small volume and overpriced RSI, Bitcoin needs a correction. Bitcoin may jump at one of these 3 key levels, good chance for go LONG 11030 (We'll see in the next hours) 10845 10655 Safe trading everyone! - MrPalmTree, minimalist swing trader.

MrPalmTree

SMAs: Positive Bounced from retracement: Positive MACD: Positive RSI: Positive Breakout: Positive Volume: Waiting for you guys.

MrPalmTree Updated 

Buy in: Around 9520 Target: Above 11520 If you want a high-risk trade, this one is for you. Manage your own Stop Loss and Take Profit point. This trade will be updated when things happen. ------------------------------------------------- 1 Day chart: - Bounced from 200 SMA - Rejected from 100 SMA - Strong support at 9520 4 Hour chart: - Support from 100 & 200...

MrPalmTree

Just a reminder