On August 21 I published XEM BTC trading video idea where i announced how i managed to earn a profit of 100 percent and where to buy if you are not in here.
It was a price of 697 satoshis and we managed to climb to an upper resistance line wit a profit of 3x.
754 satoshi was a conservative entry point, so i congrats everyone who managed to earn money on it....
First of all, i would like congrats all who follow my last idea. Everything was perfect. Price started vertical movement up, then retraced and we had a chance to reenter on the cheapest price.
The idea of the last chart you may found connected.
If you follow twitter, Facebook, or website, you may find more information that is not published in this trading view....
If you read ideas about how right now will start a mega bull run on XRP BTC, and you believe in it- u are an idiot.
We have touched and slightly bounced for a channel that was drawn a year ago.
From that last low channel start, we lost more than 30 percent worth of XRP BTC.
Will it bounce right now, yes, for a short time. Will it start a new bull run.
I do believe that all this small crash will be bought up and now we see a correction wave A.
Yes, I can be wrong, but there is a 70 percent chance that we will still climb up.
There are two scenarios:
1) that are drawn in the chart.
We Made A, will be drawing B, and then we will do slow C. C should be low that many, either and I :D believe, that we have stoped...
we have a break out with volume, but this volume is not enough. Either we will climb up, or we will retrace.
retrace means, we sell all long, and just sit and wait for confirmation short.
There is a middle of Long term Long channel so the price reaction is obvious.
Right now is a chance to open Long position with a very small Sl.
I suggest to use this...
What do i want from the market:
I really would like that we correct some to my precious 7900 price mark and I could make a bigger long position.
I do not believe in the doomsday theory and will not count it until the chart will show the opposite.
I trade what I see, if I can, I enter the market, if not, i wait for a chance. Simple and hard the same time.
As always i do congrats all who follow me and took some nice profit.
I do trade on leverage so this bull run made a good wealth-income for sure.
If you want to see more interesting ideas, go to my profile, follow my twitter account, from there you can find Telegram or my website with much more ideas.
It is hard to watch, that people, who have no idea in trading,...
I hope you used my analysis for profit, as the last idea made some profit for me.
As always I do suggest you check my profile, and follow my twitter. There you may find more information that would like.
Please share, like and comment on an idea, it really makes a point to share ideas with all of you.
Let's get back to the chart.
We have made a...
It is an update of the previous trading idea.
I would appreciate if you like and do some commenting.
I just made a video about the possible movement for Bitcoin at the end of April.
You can find all info just via my Trading view profile and follow my twitter.
There is a high possibility that we will see a correction before we can go up. We need a strong...
First of all please use likes and comments to encourage me to write something again in TA, as there is no fun to share analysis without any reaction at all.
Second, if you want, you can check my profile and you will see my Twitter account, which you can follow for more information that is not posted here.
Like I was writing before I sold all on...
There are many ideas about where and how deep BTC will fall, but right now it is not a time to dream about Bitcoin of 1800 or 900 dollars per unit.
Today we see that decision to sell all Bitcoins on a 7400 mark was right and we see corrective price action.
Why do I say corrective, as now we have many supportive lanes and areas that we have to breach before we go...
There is a high possibility that we will retrace downward.
On the chart, you see levels that are working like a charm and these levels were made back in January.
The crucial level is 7200 if we stay above it. We will start a new one climbing to the summit.
There is a high possibility that we will do an impulse to 8k.
I sold yesterday on a 7390 and now are...
People who are not traders, or at least not skilled traders should remember that right now 6180 dollars for 1 BTC is mark what can not be passed. If it breaks down again, just leave the market.
For skilled traders now is the time when is plenty of opportunities. Every day big volatility is a good chance to make money.
If we pass 6400 we have a free road to...
Please like and comment. As there is no point to share info with you if you can not simple push button like :)
There is a two-way possibility.
Right now, BTC price goes up just because Market Maker pushing it up. Fomo will start again when we make a new ATH breaching 10500 and higher.
We have already met the mini correction structure, and we can go up.
If you want more accurate ideas and more constant, like and share, give likes. As I see noobish ideas with thousand likes, and proper ideas get the only couple like you.
As we see from the previous idea, we made a massive profit from the low of this swing trade to the top of it.
Target was reached in the sell zone, and price prediction was almost accurate in 80...
As we all know, Bitcoin and all crypto likes extend the fifth wave and go parabolic. Where will it go this time?
All is clear on the chart. There will a stop and retest or sharp fall for a quick correction.
There is some interesting thing that this correction will follow with a alt/btc growth.
If you are in BTC, wait for confirmation that is time to exit, or...
Right now were are near falling further, so be cautious.
If we go with a green arrow road, we are clear for the next bull run.
If we go with are arrow road, I think 2020 will be a bear year.
Crucial mark is 7693 on coinbase.
If we pass it, then dooms day on a way.
Right now prefer to search entry point for a further Long if trend line will hold up.
XRP BTC Bearish short term.
Med term neutral.
I got SL in some positions and closed other positions manually.
If will see any positive movement, will enter Long again, but right now I think we will see a sharp price fall.
Will not recommend shorting as there is oversold instrument already.
Better wait on a side for a better entry points.