Suddenly! all the people talking shit on my charting in silence. I always used to say "Trust the chart" but respect the "indicators". I consider myself as a newbie, but I like to stay the opposite of what most people are doing... As I always said, I am a trader - not a waiter. Currently, my 5x Cross Margin trade on BTC and CRO is on fire... Past 2 months...
The reason, I am not extremely bearish now is because of this chart. Yea! of course, we may see some price retracement in a lower timeframe.. BTC is holding reasonably strong ( 19k to 20k region ) unless some Black Swan Even happens out of nowhere. I really hate to see some shitcoin pumping, which is normally a sign of the market is unhealthy most of the time.
Guys! this morning I found something slightly different on the chart. No doubt Renko box size 2000 it is bearish and showed sell signal. However, we must be aware that these indicators MACD, Stoch RSI, Wave Trend all oversold. Further,more Wave trend bullish divergence is starting to show green. At this point, my honest opinion I couldn't be bearish at this...
I closed my previous short trade with profit. According to chart, Renko box size 100, 500 price has the momentum to the upside but box size 75 stoch rsi is pointing downside thefore we might see some pullback before price bouching back up. Don't follow me, I just simply sharing my personal thoughts. Bye,. Honestly, I hate seeing altcoin/shitcoin pump from out...
Guys! sell trigger in 4H (Renko Box size 100). This is for short-term trade only. Please be aware that MACD is still bullish, so trade with care. Price may rise again then pull back to 20229 the resistance yellow line...
Hi Guys! This is just to give you overview of BTC, we are overall still bearish. Just for your awareness ... Thanks.
For short-term trade, the price shown is oversold. I will be looking at 19300 regions for another buying opportunity if there is a buy signal. Positive thing is that Renko 100 and 150 box started showing buy signal. Sharing is caring... Don't follow me. I show what I do. If you hate it, pass it.. Bye!
Box Size 75 showed there is hope. When we get above the yellow box, the price will likely be for an upward correction. Box size 150 is still ongoing bearish with a macd bearish cross. So we need to trade with care...
At this point, there are only 2 possibilities. We either go up now or if drops, it will go to the 9.9k region. But I am more biased on upsize first. I drew this support line based on the Traditional Renko box size 2000. Only show me two visible support. I am not a God. Time will tell. In lower timeframe, I expect a small retracement and price bouncing back up.
Price is stupidly choppy.. I am waiting to long only if price closed above the yellow line... Just sharing my plan... don't follow me... Pass it if you don't like my idea... cheers!
Hi! I have been posted similar chart many times in the past. This is not for day trading purpose. Just want to point out that, we can never time the bottom. If you believe in the future of Crypto, no doubt this is the one of the best buying opportunity. Your money, your own risk. Good luck...
For those who ask why I am holding into my long trade. Basically, there is no sign of a turning point in my Renko weekly adjusted box. My more profit-taking will be when the price is still in those yellow boxes. Showing you just what I do only.. Do your own analysis and make your own decision. Take care
Guys! My long trade is still open and I have removed my stop-loss. A little mistake I made in my previous trade was I was looking at the wrong chart BTCUSD instead of BTCUSDT. I should have crossed check on both charts. BTCUSD alert me for a buy signal but BTCUSDT didn't show any signal till today, however, in a lower timeframe, BTCUSDT is starting to trigger...
In my previous post, I know why I am till active on my trade, I mentioned that downtrend for now is a pretty much scam.... people laugh at me.... some said I didn't follow my plan lol... what is the plan? If no plan then why I hold on? seriously.
Price movement will be slow or side way likely. I started long short-term high leverage with profit taking and also started to put my long position with lover leverage. Many traders are bearish again humm... I have nothing to comment :)
Worth the wait finally. Time for accumulation as plan... 1 & a half year of patience and loaning out USDT in Kucoin, now it is time to unlock for accumulation of all my favorite coins. BTC, ADA, CRO, GRT, ATOM, DOT. Here we go....
BTC is basically showing its indecisiveness... Bullish divergence in weekly and hidden in monthly keeps telling me not too bearish. Time will tell. If it is bearish, I believe the fake-out downside will surprise us. Price is going against its will. Just my opinion for now.
Are you bullish or bearish? What scenario is it gonna happen? Please free to comment :) Can you guess what will be my action? Do you think I will be long or short? :) What is my confidence level ( Rate 1 to 5 ) ^^ Those who follow and liked my previous post. Thank you so much :) Sharing is caring guys! Just for fun. I am gonna position my trade in a few...