TheAlphaTrades

TheAlphaTrades Updated 

Long from $11250

TheAlphaTrades

It seems ATOM, ALGO, MATIC, all the Binance IEOs have been garnering some momentum. And at present moment MATIC has the best looking chart that has not broken out already. If it can break and hold above the current marker $0.0267, it has potential to reach for the higher fib targets. Additionally it has created a large ascending triangle that has a measured move...

09:08

TheAlphaTrades Updated 

Good Afternoon Crypto Traders, Several weeks ago we made a marked shift in our approach to altcoins and aligning our focus to go risk-on in the long side on BTC & Altcoins. Thus far, this approach has paid off immensely. The realization came from doing some deep research in what's happening in the money flows, market structure, and DeFi space. As more clues...

TheAlphaTrades Updated 

Important Update: On Sunday night when we saw that big drop happen, I stated in videos since that I expect chop in BTC for several days in the current range we're in. This is exactly what happened. Why and how did I know that? In overly extended movements, especially when traders are overwhelmingly long and leveraged, the path of most pain and least...

TheAlphaTrades

Bitcoin distributes toward lower price levels as COVID second wave pressures overall markets. Happy Wednesday, let’s do a quick Bitcoin and crypto analysis. Overnight BTC sold off, something I was expecting. Yesterday I stated that the failure of BTC to break out of the wedge as per the chart below would likely open price action for downside of the bottom of the...

TheAlphaTrades

First equity options expired, now it’s Bitcoin’s turn -- Low volatility won’t last forever. GBTC broke the daily middle Bollinger Band as well as the important 34 EMA with a daily candle close below. Hope you had a fantastic weekend. Bitcoin is turning up the heat on late-game HODLers. The market slowly bleeds participants until they’re given a swift,...

10:44

TheAlphaTrades Updated 

Let me know your thoughts on my analysis! Cheers, Amol

TheAlphaTrades

Why we shorted at $10k when others longed. Happy Friday, folks. Over the last several days, we’ve had a couple of members join that said “I was in another paid group and lost so much money,” or “I thought I knew technicals and ended up really screwing the pooch on my account.” They may come to our community thinking “It’s gonna be an easy ride, I’ll just play...

TheAlphaTrades

Next targets for BTC — $9100 then $8925 Happy Thursday, welcome to today’s Bitcoin analysis. Bitcoin continues to show weakness as of this writing, putting in lower lows and challenging the 9200 area. From the four-hour timeframe, I’m looking for a close below 9281 or so as a key level to signal further bullish momentum. If BTC closes below that, I expect the...

TheAlphaTrades

Looks like a liquidity sweep below the (X) and bullish divergence printing from prev. low in the range. This is a great r:r long trade. It also looks like DXY is moving up slowly and USDZAR should as well w/ reasons stated above. Trade Details on the chart Not investment advice

TheAlphaTrades

Good morning, everyone. How the halving works A quick recap, just so we understand what has fundamentally happened to BTC this week -- After every 210,000 blocks mined, or roughly every four years, the reward given to Bitcoin miners for processing transactions is cut in half. That means the rate at which new Bitcoin is released into circulation is reduced by...

TheAlphaTrades Updated 

I announced this trade earlier, so here's some free Alpha for y'all :) Entry: $7.09 Stop: $6.30 TP: $8.24, $8.75, $9.15 Not investment advice

TheAlphaTrades Updated 

Good morning, folks. Let’s dive right in with a heady topic, and my friends warned me to not just give this one away, but I will — Alpha Trades uses Tradinglite software for forensic analysis of volume, it’s a kind of liquidity heat map. You can check out the software for yourself ( we’re not affiliates, just happy customers ), but now that cat’s out of the bag....

TheAlphaTrades Updated 

Let me break down my reasoning: I began to build a short position in BTC on April 10 at an average price of $6895, then when price smashed through the 6907 level and the following candles did not sell off aggressively, I closed the trade at $6924 for a 0.4% loss. After that, the price blasted up, but I didn't chase it. When price reached the 2020 yearly open at...

TheAlphaTrades Updated 

Here’s a quick BTC wrap-up analysis for you. Today all we’ve really done is chop in the range of 6800-6900. I entered a long at 6915 and was stopped out at 6780. The reasons why I shorted BTC at that level are simple. Looking at the hourly timeframe, we can see the 6946 area is key SR level established from about March 19 that was tested multiple times. Today...

TheAlphaTrades

Good Evening All, If economic conditions do not get better and the "Unlimited QE" cannot backstop the selling of HYG and LQD bonds, we should be expecting a similar style of depression in the coming 1-2 years. My thoughts, we may have a mild multi-quarter recession until 2021 Q1. After this 2021 recovery we then again go back to our devious ways of having zombie...

TheAlphaTrades

Happy Monday folks! I've not done a post on TradingView in a while, most of my content is on YT but I figured I'd post this because, to me, this current price action is shaping up as a large distribution zone. While I am still bullish on the overall trend, it's hard to ignore such a clean outline of PA that matches the Wyckoff Distribution schematic. If this...

TheAlphaTrades Updated 

1d time frame: The past few days I've stated that the real direction could be determined by closing above the $10365 marker on the daily or below the $10024 marker. Neither of which has happened. So I expect more sideways (1-2 more days) until one direction powerfully overcomes the other. Because this is either re-accumulation before a push up OR a distribution...