About meHi. I'm a trader with 30 years trading experience. I trade Volatile Stocks, Gold, Oil and Crypto, with charts using TA. Most of my ideas are for short time frames. I also offer 1-2-1 mentoring sessions. Likes help me to keep posting. Thanks
Retail Trader (trading since 1993) and 1-2-1 mentor and coach. Most trading ideas here become profitable. I'm a high frequency day trader so some ideas go out of date quickly- bare that in mind. DYOR , not investment advice.
Here is present a detailed video explanation of my parabolic analysis of BItcoin, showing we are in a flag pole breakout to $45k with an actual target of $49,000 in this move by January.
Leave a like if you agree please
BTC is refusing to take out any of these lows and you can see its solidly above its control line in this upward channel.
If you take a look on my twiiter you'll see a retweet from q4 2020 which BTC is mirroring. I agree and i think we are about to go parabollic just as we did then, probably to ATH.
I'm adding to BTC here before the 36000 breakout
Nice fakeout here on ETH of the rising flag reversal pattern. Expect it to take out the highs of pattern and on to 2200 and above. Eth still hasn't taken out its prior weekly high unlike BTC so this is an easy money trade provided the stop isn't hit.
Here we can see a great pullback to support on Oil
Closer inspection you will see a bull pennant to support.
Big 1hr and 4hr divergences of indicators to today on smaller timeframes
Expect to test up to 85-86 and maybe more
My thoughts on BTC current price action with some education from my 30 years of trading experience.
If we get a fake break of what some traders might see as a head and shouders on the 4hr thats a great buy signal or we could begin to enter now at around 26500 if we see the bull flag.
Great divergences on the daily indicators- see video and rising 200 MA. All...
In this detailed education video i show how i mainly make a living as a protrader. This is from fading breakouts of chart patterns. I show three examples of this in the past week from the nasdaq and talk about confirmation bias. I also show what its like drawing lines and patterns daily, win/ loss ratios as well as some thoughts of where the nasdaq might go in the...
Buying Riot here after the circle fake break of the head and shoulders as shown.
Nice company to buy if you believe in crypto, well managed.
Expect a move back into the pattern and higher to try and break the wedge to the upside
Quick video on the classic three white soldiers pattern on BTC we have now in play on the daily charts.
Looks good to hold to 28500 area or buy on dips. Is the bottom finally in?
Stop loss at the daily lows.
Starting to re-add to bitcoin here around 25700 in what could be the beginnings of a diamond bottom formation on the hourly charts (which is a reversal patten bottom indicator after a bear downtrend).
The larger technicals are showing a higher low on the weekly chart here still so its worth adding here and see what happens, stop loss is nice and tight at the...
Eth is inside a large rising wedge which is a reversal pattern, however we can see from hourly moving averages the trend is clearly bullish. Weekly charts are also showing we are in a bull market now. So i'm only interested in buying dips.
I expect a fake break of this wedge pattern soon which will be another great opportunity to add to Eth longs before moving up...
Sol is one of my favourite cryptos due to its fast processing speeds on transfer. Its lagged a lot compared to other second tier cryptos this week like BCH and LTC. I think we could be about to see a pump into the mid 20's.
For longer term holders 74 is a nice target as shown