The math checks out nearly perfectly on the percentage change on the pumps and the dumps. It's still all theory, but the math backs it up pretty well.
The percentages speak for themselves. There's no guarantee that history will repeat itself, but that's why we have to test out this theory. With the amount of publicity crypto has been getting this should be an easy target.
Looks like weak hands are getting tired, and smart money slowly buying back. Looking for large volume to start the next leg up. Stop loss is below the yellow rectangle at about $250.
Was just playing around and I think I found something.. I don't know if I should be happy or scared. Guys it's just a waiting game now.. HODL!!
Trading with T D Sequential is not all about the 9's, and 9 buys/sells aren't guaranteed to work all the time, and most people discount T D Sequential after seeing a 9 buy/sell fail. It isn't magic, it's trading. In the post I describe the basic ways to trade with T D Sequential that ensure that when you lose, you lose small, and that when you win, you win big,...
Here's another example of what it's like trading TD Sequential. It's incredibly simple to trading successfully with. This can be applied to every and any market.
Tough thing about trading BTC pairs is that you have to watch BTC at the same time and makes it a lot riskier than trading USD pairs, and forces you to use a stop loss if you already don't use one.
There has been a huge run on LTC lately. It was under $100 about 5 days ago. This could be because all the new newbie money thinks BTC is too expensive, or because people are using LTC to move money around because BTC fees are retardedly high, or a combination of both. Either way, technical analysis is showing bullish signs, and with people using LTC a lot as of...
Past two years ETH has pumped ~1800% or 18x against the price of BTC. Now, with the FOMO in BTC and all the new institutional money coming in in 2018, this may not work out as planned, but then again January-July is Alt Season so I believe we can still see this happen.
I am pointing out some of the ways you can trade using T D Sequential. Most people think T D is all about the 9's, which yes they are important, but there is way more to it than just trading the 9's. Trading with T D Sequential is a very easy way to help you trade successfully, and teach you patience and good trading habits, such as using a stop loss and or...
As of right now I am short based off T D Sequential. Because of all the FOMO and institutional money flooding in, the sell can be invalidated, as long as next weekly candle closes higher than or equal to the close of the 9 count candle, but I doubt that will happen because this move can not be sustained, it needs a correction in my opinion. Yes, monthly 9 count...
I expect within the next couple days people will start noticing what I have pointed out here. At the same time, this lines up really well with ETH/USD looking like it is going to break out to $600+ very soon. ETH/BTC still have steam left in it before potentially gaping down to
I want to see price eventually break out above the curved line and use it as support. Sadly, all of this depends on what btc does, so it's like trading 2 markets in 1.
Because of the massive FOMO we've been having I wouldn't be surprised if the next daily candle breaks the high of the 9 count, thus making it a long play, as long as that 1 count doesn't close below the previous 9 count.
As long as the 9 count closes lower than the 6 count, we should continue to go up more, rather than it being a sell. Once a green 1 count following the 9 count, breaks the high of the 9 count, it's a long play, with a stop loss at the low of the 9 count candle. I believe the bullish pennant will throw us up to $12,700ish.
I'm still long for a couple more days based off T D Sequential. Ideally, I don't want to see new ATH's, I want it to stay under $11,395 here on Bitstamp, because if price breaks the high of the closed T D 9 Sell candle, it'll be a long play. But, there's no telling how high price can go over the next couple days, considering there has been serious FOMO, along with...
Bitcoin is becoming more tedious to chart and predict correctly because Wall Street pros are now trading it, so I'd rather make a bull and a bear case, and wait to trade the aftermath of uncertain scenarios like the one we have right here.
4 hour has given us a green 1 count after completing a T D 9 Buy Setup. The long hasn't completely confirmed yet, so the risk is still a little high, but in my opinion you were smart if you bought in the .0477-.049 Zone.