This is my game plan short term for BTC. What's your game plan? Comment below.
A few things to remember when trading: #1: FOMO will get you liquidated/ and or make you lose profits that took many trades of hard work. #2: Follow the trend, look for invalidation points, and ensure to have a good stop loss under the key support or resistance levels in the specific trend you're trading. #3: See the visuals through logic and make sure you...
As you can see bears have clearly showed up to spook the bullish momentum we've been seeing in recent price action. Will bulls gain back the ascending channel? Where's the next CME gap? 9600. Comment if you're bullish, or bearish and why?
Please hit that like button if you appreciate all the visuals I've created for you guys here on this daily chart. (spent an hour making this for the community) -Please note all the horizontals on the chart and the price's with correlation. -The check marks represent validation points on the trend-lines. (macro htf) -Don't forget about CME gap, if we hit 12300...
Ever since we broke 10500 (hisorical resistance - a 2 year ++ downtrend): #1: We've seen every dip get bought up instantly pushing the price back upwards creating a wick to the downside (bullish) #2: We literally broke one of the biggest resistances in the entire BTC life expectancy. (had a weekly and monthly close above this) #3: We broke 10500, and 10900 was...
Good afternoon, BTC needs to break 11888 in order to hit target's 12300 - 12500. Otherwise the local top could be in, and a retest of 11500 is likely. Lose that and things could get ugly to the downside. (especially if we lose 10500) Stick to the same few indicators until you’ve mastered them. This game is about consistency, and being consistent with the same...
Good afternoon to everyone in the trading community, We've recently seen a surge in markets across the globe in regards to bullish behavior in the markets. GOLD has reached new ATH, SILVER is sitting around $25 (huge potential), and if you pay attention to the crypto world you'd know BITCOIN was just listed as "money". This is what the community has been waiting...
The last 3 daily candles have started to show a strong indication of selling occurring. There's been 3 wicks with a lower high that have constantly been trying to push the price down. Why I think we could be entering more bearish price action? #1: The entire world is long & you’re telling me the markets are handing out get rich overnight coupons? Sheep’s follow...
Good afternoon folks, my perspective on price action is that we're possibly in the likelihood of painting the head and shoulder's pattern. (as long as 10245 - 10420 holds as a top) - THUS BEING SAID - The reason I'm only 50/50 on this playing out is because bulls have broke the historical resistance level of 10500. There's still a few days left on on the weekly...
"The market is a tool to transfer money from the impatient to the patient" Words to really listen to regarding your trading/investing career. Are you bullish or bearish after seeing 11k reject here? COMMENT BELOW. Hit that like button if you appreciate the charts. 👍👍👍👍👍
Good morning to everyone. As I'm sure you all have seen BTC's price action lately you're all probably super bullish. (this might be the scenario where FOMO kicks in and carries us past 10500 resistance and straight to 0.5 fib level (10894). HOWEVER in the flip side of things, If we don't manage to break 10500 or close above 10k on a daily close bears still...
I've got a feeling BTC's surge we've seen this week will be cooling down soon. 10200 got rejected and straight below 10k. Daily close under 10k will be bearish. Daily close above 10k & I'll start looking at invalidation points. (already got my s/l) See you guys either below 9800 or above 10200. Time will tell....it always does. Also remember: Institutional...
First of all SMASH the like button if you appreciate all my charts I post with key area's and levels from my perspective! It helps new traders find my page as well as help the BTC community grow as a whole! 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 👍 NOW getting to the technical analysis side of things.... As you can see we've clearly been...
Bears almost lost the 4hr & daily trend line support but bulls managed to pick their socks up. (thus far) Anything can happen during weekend price action, but this will be my trading plan until 9400 is broken. If we break 9400 I'll be watching the 9200 support level. Lose that and this was all one big fake out to create a false narrative to the upside before the...
Remember weekend price action has less then half the liquidity in the market since big players are out. (most of them) Enjoy your weekend.
Create a strategy that works for you & then build on top of it. Having a checklist for each position you take is a good way to track your self-discipline when you're trading. Especially for new traders this is very very important considering you're involved in a new venture and your brain hasn't acquired it as "normal yet". We have 91% daily thoughts that are...