Short Position (Swing Trade)
Stop Loss: $43800
Take Profit: $38000
Risk : Reward 1 : 3
Is it going to bounce? There is no "in my opinion". Trend is your friend, ignorance is your enemy.
BTC made lower High in daily, weekly and monthly chart. The buying power is reducing. There was no bullish trend at all since the top...
Entry: $1.648-$1.652 (I have lowered the entries as you will see this post later)
Stop Loss: $1.736
Take Profit: $1.416, $1.357
Analysis: Blue line is the support that has been tested few times. I believe you know that I was planning to short it but I was waiting for the last confirmation which will be the fakeout from my resistance line (Purple). Logically,...
Everyone is expecting it to make a lower low on Daily Chart to create a perfect triple bottom bullish scenario. It did and today's daily close will be extremely important before expecting the next move.
Please remember that we are in a triangle range, longing here...
Stop Loss: $2
Take Profit: $1.25
Matic has failed to retest the daily resistance at $2.56. Due to BTC correction for the next few months, I expect it to follow the downtrend for a while.
Lower High on Daily Chart and 4H chart shows the weaknesses of its uptrend.
Therefore, I am looking at the support at...
Our position trade in my channel is still active. The loss from previous trade is definitely a careless mistake from me since I was too rushing to benefit our members. Although I am on vacation but I decided to provide another swing trade correlated with my own position trade here. The channel and group is free but I am still responsible for all the followers. All...
Happy New Year. First trade in 2020 but in fact we are already in short for position trade since $7500 if you have followed my channel or group.
Total of 15 Swing Trades back from Oct-Dec 2019 after switching our trading pattern from Day Trading to Swing Trading:
Short Position Set Up
Entry Prices : $7280-$7700
Take profit : ...
Congratulation again for our previous trade which we have managed to gain 152% or 1520% profit according to your leverage and I have advised many times to apply 10x or Cross Margin Leverage. After 12th winning trades out of 13 trades I have provided, I will share some extra information here since its near the end of 2019.
Let me explain this deeply,
Congratz on our previous short position has provided with net profit of 10% x Used Leverage. With my advises to my group members, we have gained from 100%-1000% with 10x leverage and cross leverage. We did gain twice in a row with 2 time failures of testing $7700. I always trade for the big money and avoid any small traps especially with bitcoin's high...
Firstly, congratulations to anyone who have followed my previous long position swing trade. Again a tremendous profit of 11.59% x Leverage. Although I have stated the stop loss at $6700 in the idea but I have advised my group member with a great stop loss placed at $6500 which was able to hold after a tap on $6800.
This is a short position set up with estimated...
My previous Long Position from $8100 is closed with loss and I take it. This is an at least 10% profit trade and up to 14% multiply with Leverage. That was a misplay which is the first loss trade in the recent 2 months. It did make me more cautious but not stopping me from any profitable opportunity.
LONG POSITION SET UP
Congratulation to anyone who followed my previous prediction of short position which was opened at 9200 and closed at 8350. You should have gained 10.17% x leverage used. In my case, I have gained 101.8% with 15-50% Margin used and x10 Leverage.
Long Position Set Up
Entries: $8500-$8100 ( You dont have to be sharp in entries or take profit because you dont...
I rarely do any prediction here due to time constraint. Last long position has profited with 50% (x10 Leverage) and it was 9th winning swing trade. This should be another easy swing trade here.
SHORT POSITION (BITCOIN)
Set Up *1
Entry Prices: $9150-$9400
Take Profit: $8900-$8350
Stop Loss: $9700
Set Up *2
Entry Prices: $9193-$9350
If we zoom it into 4H chart, the expansion phase is over. The next move should be a take profit action from big players. In market theories, the first movement of expansion is usually being used to predict the next move. In the chart, the first movement of expansion is down which might cause some FUD to the market. There are somethings that we could refer to which...
I know a lot of people are thinking that the market in 2017 is repeating itself in 2019. However, I do not think so in TA's view and also psychological's view. I have been advised my group members to take the chance of staking cause I am always one step ahead. Below is my explanation, enjoy.
Firstly, the support at Fib 0.618( I dont really like to use...
I won’t spend much time to explain, the second shoulder is completed in my view and it begins with the correction waves. The waves are not important but the psychological momentum is very vital here. 3D Chart is showing the bullish Penant and unfortunately we do not have STC to show the higher accuracy of oversold and overbought signals.
However, it doesn’t...
Buy and Sell Target( Short-Term)
Enter Price: $10410-$10420
Exit Price: $10540
I will not explain too much here, $10540 is my golden price which Bitcoin will hit it soon or later before a big dump and big pump. $10540 is an interception point between every trendlines and channels.
All the best and Happy Trading!
If you ask me, I will say there are more bearish signs than bullish ( Except manipulation happens)
RSI is building lower low, BITCOIN was performing very well from a bullish trend that increase the possibility of dropping further after double bottom. A correction elliot wave will be starting to build. Besides, it did not make a breakout and we could...