4h bull x on dmi and hma, with 1d dmi pinched to follow suit.
Dip to LL from March 31 to April 20 not mirrored with rising strength in sell pressure on Di- ; thus..... bull div city.
Potential dips from here, feasible but marginal.
Bullish case is substantive with POC on total vol since Jan 04 lows, sitting @ 10.69. 200hma on 1d @ roughly $12 and on 4h , above...
Upside legs on xlm to R1 / R2 and above, with XBT targets. USD chart in discovery mode... let it roam, whatevs.
Buy pressure on both sides pushing up, same visible on 1d.
Struggling to sell some because "they" tell you it's "bad" to sell?
Don't mix morals with millions, the market wont pay you to be a martyr.
Emotionally attached to a project/asset?...
4h on left showing hma and dmi setting up to bear cross. However, current di- structure presents potential bull div with LL price on Jan 31 not reflected in HH on Di- within DMI.
Sell pressure still present but projected targets downside (post mercy pomp on 30m to 3841, give or take) would be mid level, 3796, 3786, 3768 , and 3754. From current HOD @ 3843, all...
got my entry
short from 3674.5
downside targets noted with arrows
playing bear div on 4h, noted by LH in di+ on DMI, despite steady rise in price and 30m pending bear cross on dmi
feel free to troll me if it ath's before i finish my stir fry. 🍜
4h DMI pinching to bull cross, and HMA curling up to do the same on BFX... next leg up if it doesnt break... 19'265, pause, then 19'555 on cme (give or take a bill for targets on bfx).
Tread lightly tho, 1D on bfx lookin toppy, and could cycle downside during holiday.
Break down on 1d could see dip to 17'6 , 16'9, and 16'6 .... all downsides within weekly atr...
ES targets upside and down 4h/30m
RT / ST levels on 4h with targets on legs in both directions... current 4h setting up a bull cross on dmi, play to R2 conservatively (post bull cross on dmi), R3 would be a hail mary but no ATH near term.
Play 4h trend on 30m legs. Secure profit, market never runs out of trades. Never go full-perma.
Appreciate the risk.
This will feel like alot, so, drop that addy and lets go! 👻
The Bullish case:
1D chart on ES with upside channel and price floating in apex of ascending tri (yellow rt / st). Quick glance looks bullish with 15 and 30 hma pushing up (if not expanding). If it plays out and rolls upside -- gap above (light blue square) will be gen pop target. Pause at 3308 before...
HMA's and DMI pinching for bear cross set up on 4h for /ES
200 HMA at 2233 at time of post --
Note suppressed bear cross on DMI @ 26 March 02:00am (circled in yellow on DMI); just in case you're corona free and $2 Trillion bills hopeful... keep in mind this chart is only 4H, and skipping a cross here is NOT a signal for longterm reversal (if it bounces- play...
Running a test of Initial Balance based on NY Open, for BFX :BTC/USD with 10% daily atr vola filter. Protected candles noted in both directions. Watching for break above or below 10% levels to gauge intraday market move and direction.
Daily ATR at time of post 1627; cme and 1602; bfx
Appreciate the risk.
In Q3 of 2013, BTC/USD printed a low of $1.00.
5 years later, the low for Q3 2017, was $1826.10.
It is now 2018 and the LOWEST Bitcoin has printed is $6k.
Even after this -49.68% loss, the $6k all time low for 2018 is +715.99% change from the 2017 year low.
Over the 22 Quarters between 2013 Q1 and today (2018 Q2):
Bitcoin has performed
a. 12 of the 22 with...
BTC wicked above weekly resistance thats been in play since Dec 2016 and bounced off of support in play as of 07/2017.
Any close or extended PA above the magenta levels increases likelihood of continuation to the upside.
Watch for open or close of new candle at these levels to determine bias.
At the time of posting the Weekly atr is turning upside...
This chart shows 3 variant apex points.
HOW TO USE THIS CHART:
A. Triangles 1, 2, and 3 can be used to identify potential support and resistance levels.
B. Bolli's serve as good reference point to plot feasibility of intra, day or swing targets, up or down, within 1d ATR.
Is your target within these ranges? Confirm logic before you 100x from price at the edge...