abhinxx

abhinxx

The resistance level around 16 is great. waves can see a big bounce if it is able to penetrate this level. although too much sell pressure as seen by Ichimoku cloud. Plus things also not going well with BTC Only trade for long if a 4h candle closes above that resistance level

abhinxx

Watch Bitcoin and take your altcoin trades properly. BTC at a very critical point. all of this will happen this weekend only! keep watching, don't rush to short

abhinxx

This triangle is just about to break and I believe it is going to break downwards. Proper bear flag. trade with diligence if investing in alt coins. the weekend is also here, the market usually dumps every weekend. If instead, it breaks above, it would be one of a kind miracle. Cheers, #nfa

abhinxx

PLEASE NOTE: TIME IS NOT TO BE MEASURED. I JUST TOOK RANDOM DURATIONS, just understand the trend Wyckoff is a method that consists of 4 phases: Accumulation, Markup, Distribution, and Markdown. Currently, Bitcoin is in the Distribution phase This is just an idea, a possibility. But these things usually plays correctly. We just saw a textbook example for Wyckoff...

abhinxx

Let's see how it moves, if the wrx holds the support level of our yellow line/green box, we can see HUGE upside! So far bullish af

abhinxx Updated 

extremely bullish, big upside, perfect breakout News: WRX is starting their NFT marketplace tomorrow (7/1/2020)

abhinxx

break below or break above? Let me know what you think in the comments below

abhinxx

BTC has formed a perfect flag/triangle as you can see. as the BTC consolidates toward the apex, it has to break out of this triangle. Seeing the current macro trend on weekly. 66% chance of breaking below and creating a massive Head and shoulders formation. 33% chance of breaking above, bull trend will continue Considering the chance, I am betting on...

abhinxx

Bitcoin's major support only exist around 30k. Let's see how it is going to fall. Either directly, or more consolidations and more time ( bad for traders, if you ask me) Let this sh*t dump and get it over with

abhinxx

Bitcoin is not looking good: Head and shoulders -> bearish Ichimoku cloud -> big sell pressure Sell wall -> 40k-42k Overall macro trend -> bearish KFS 4h -> Bearish crossing soon Stochastic 4h -> Bearish

abhinxx

These support and resistance levels are derived from Previous support history/influential points and Fibonacci levels. Hope this will get you a better understanding of potential trading ideas. Currently, I'd say BTC is bearish (on the date of posting)

abhinxx

Uniswap needs to break the current small downtrend since early February to continue bullish momentum. 21EMA and 50EMA are getting closer to each other. Moment of truth incoming. We will need more confirmation before we know where we're heading