Muh BTCUSD trades. Muh Falling Wedge Muh Ichimoku Cloudz Muh Bull Divs Muh profitz. Long it. Short it. -Wolfie
Short the ponzi Rising Wedge. Overbought 4H Stoch. Entry + Target given.
ETHUSD looks like it's about to confirm an H&S. If it does, short it.
Broke Support. 4H StochRSI capped. BTC looking bearish.
Monaco has consolidated within a Falling Wedge that looks prime for a breakout. Seems like a good entry position.
I've seen these whales play in the pool countless times now. My short trade that I posted earlier is working out great. With that being said, I'll let it run and hedge into a long @ the bottom trend line shown below. Panic sellers will dump once the first trends are broken and the thought of the iH&S being broken, however I believe a Symmetrical Triangle will be...
Spinning top on the rejection line. Looks like it'll retrace to a support before trying to push back up. Aggressive scalp.
On the Bear Corner, we have a Head & Shoulders (Pink) paired with an Ascending Broadening Wedge (Orange) vs. A Inverse H&S (Green) paired with a Falling Wedge (White) Place your bets everyone!!! Place your bets!!! ----- Jokes aside, the market is definite split as fuck, I'm now leaning a bit bearish. I was certainly bullish yesterday but the Daily Doji that...
Inverse H&S. Stacking long even further... That's it. -Wolfie
I am, overall, bullish on BTC still and expect a large rally up. This area seems like a reversal point with whales accumulating. I think we'll see some more sideways action and could potentially drop to a 'Double-Bottom' should this Descending Broadening Wedge break bearish. However, the bullish divergences on the higher timeframes is starting to creep in more and...
BNB is showing support at the H&S Neckline. If it rejects the neckline, which seems likely, then it would create a bullish descending triangle which could propel it to ATHs (Following the ABCD pattern). If so, then we could see a Harmonic Pattern take place for the retrace. This may take many days to form, however, and the likely-hood of this all happening largely...
I know a lot of people think we will drop further. Some names like Philakone and even my buddy Krown. However, I personally think that this is it. If anything, we'll double-bottom @ 8K but I don't see us breaking down to 7600 - 7800... and this is why : 1st - I'm a pattern trader... So I'm going to trade the patterns. >>We see a LARGE falling wedge (RED) with 3...
My short has been closed and I am now looking for the most opportune time to enter a BTC position. 1st - I had market bought in to make sure I have skin in the game incase whales push. 2nd - I have 2 positions I am looking to fill & accumulate at which are shown in the chart. I will be trading a large Falling Wedge pattern. The bottom support has only hit 2...
Stratis has the Smart Contracts Alpha catalyst today and has hit long term support with a breakout coming soon. 1H Stoch is down. BTC looks like it's hitting a bounce zone. Entering a position. Potential C&H could be forming.
Oversold, far from Ichimoku Cloud, multiple bullish divergences, bottom of bollinger band, everyone is scared. >>Stacking longs & keeping a tight stop on my short from the top.
Looks like ZRX is finally getting over-exhausted and needs to come down closer to the Ichimoku Clouds. If Coinbase really does list ZRX, then we could very well see the target of this long term ABCD pattern fill out. Short now, Long later. -Wolfie
BTCUSD is retracing after it's whale-ish, unbelievably obvious manipulated push yesterday. This push trapped all the bottom shorters from the dip earlier in the day. I longed the bottom & plan on taking profits as soon as it dips down further in this retracement. Judging by the Ichimoku Clouds, StochRSI's, Spinning Top on the 4H, etc, it seems like BTC will dip...
With BTC looking like it's about to retrace, altcoins are also showing some bearish signs. 4H is overbought on VEN + showing a Spinning Top. Looks like it'll dip and retrace down to the 0.5 Fib Level and get closer to the Ichimoku Cloud support.