About meHey guys, I have been in crypto space from well over 2 years, I have been running free channel on telegram from past couple of months we have had accuracy of 85%+ for bitmex calls so make sure to check it http://bit.ly/363Cadk
As mentioned previously we have closed the daily candle with a Morning Star Targetting at least 10500 in coming days.
I am really interested in seeing how the price reacts at the trendline of our triangle IF we break upward then targets will be as high as 12000 however if we fail to break the triangle then we will be creating a double top on the daily time frame...
Conclusion after giving it a lot of thoughts. Cleaner the chart is better the rewards :)
smaller timeframes are having lot of wicks & we have been able to catch them successfully, what has been bugging me is how we were not able to close 10120 on hourly, that was the reason I exited our second long. Our first Long from 9900 is still running & 6/10 targets are...
Here's the deal I see a lot of people calling for 8800 even I am also not certain where we will break our triangle, However, that TRIANGLE is on Daily. if you trade on bitmex you shouldn't be waiting on weekly charts, I advise you to start using 1Hr & 4Hr, Market gives you opportunity every single day if you don't take action you will never be successful.
Scallping signal to Short bitcoin with good R:r, if this setup fails next will be to short from 10900
For more Signals for Bitmex make sure to follow our channel on telegram - TradingVicky
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Yesterday in our VIP channel I posted a trade based on Daily chart, I was looking at daily Double bottom pattern to playout & we had a good entry. I give out 10 Targets with our signal & 9 already done. t.me
Stoploss is moved to breakeven & we are risk-free.
As for rest of you, you may get one more...
Litecoin which always starts before any alts is giving out a good sign that Bitcoin dominance should take a breather soon, I am not 100% sure whether we will see 1000$ dump to do that but even staying in this sideways range for a couple of days will allow alts to start pushing. Best to start with the one who always pumps the best!!
All Hail Litecoin
looking at 4Hour rising wedge with targets of 10600 as per the pole length, Clearly market is still deciding which way it wants to move, Open interest is at 1Billion Dollars indicating that a big move is just around the corner!