lwils2169

lwils2169

BTCUSD has broken out above the point of control on the vpvr, and also a descending level of resistance. Let me know in the comments if you longed this!! :)

lwils2169

BTCUSD has dumped from a point of volume control and fallen below a major support level. This would have been an easy short opportunity, as this support level was quite clear. I am expecting a bounce here, since we are still very bullish on higher timeframes.

lwils2169

BTCUSD has broken below a key support level, making for a good short. I expect the price to rebound back into the previous range and to continue higher in the coming weeks.

lwils2169

BTCUSD may have a bounce here to at least the top of the current trading range. We can see we have had a small bounce from a support level and there has been a cross above on the MACD.

lwils2169

BTCUSD has seen a nice pump after breaking out of this descending wedge, nicely displayed on this 15 min chart.

lwils2169

This was a nice chance for a quick long, the ROI % wasn't too high but a profit's a profit right. Using leverage boosts all these small trades as well, making them more worth it. Hope you guys are all doing well, and happy trading! Sending profit vibes your way!

lwils2169

There has been a major Bollinger Squeeze on BTCUSD which led to a 4.54% dump. I was actually in a short during this time based on some TA, so that went well :). This means practically nothing in terms of the bull market, it's simply a natural little retracement that will happen all the time. From here it could continue down for a while but I wouldn't be taking any...

lwils2169

Check the linked post for confirmation. I made a post earlier to long bitcoin at the line I have draw on the chart. We are now up 3.85% (38.5% on 10x leverage) since this trade entered. If you want to see more trades like this send me a DM!! Happy trading guys :)

lwils2169

Hey guys, hopefully you saw the post I made 2 hours ago, if not then check the linked post. I said that time was good to enter a long position, and now bitcoin has pumped already 1.76%, which is 17.6% if you're using 10x leverage. Congrats to anyone who followed along with my post and took this trade which is already in a good profit.

lwils2169

This bearish divergence on BTCUSD with RSI played out really well, and congrats on anyone who shorted this. Now, however, it seems we are finding support at an RSI level that keeps getting revisited. This is a good time to place a long position or even take a spot position after the dump.

lwils2169

BTCUSD is in a horizontal channel currently, as you can see in the box. We are bouncing between support and resistance, making these market conditions perfect for overbought/oversold indicators like the rim, Bollinger bands, stochastic, and macd. Aside from trading this volatility, I am aware that if we see a break above resistance or below support as marked by...

lwils2169

BTCUSD has formed a rounding bottom and could easily evolve into a cup and handle, with the key resistance level being at the POC on the vpvr. This is a very positive sign for the continuation of the bull cycle, especially considering that this time it is seeming to be copying the 2013 biphasic patter.

lwils2169 Updated 

The visible range shows the quantity of orders at each price level. Naturally, the price will find more resistance at levels with more orders (high volume nodes), and less at levels with few orders (low volume nodes). After we broke out of the recent descending channel we reached a high of approx. $46,500. The box I have drawn marks out the current trading range,...

lwils2169

Guys, look at my linked post in the comments, I mentioned that if we break above the $43,750 level (where the point of control on the vpvr is) to put in a long. Well we did it and now we're having a huge pump! This is why I recommend all of you follow along with my daily posts and also read the discussions in the comments. I am posting these every single day....

lwils2169

Bitcoin has crossed under the 50 MA, which at the time was a brilliant short opportunity which would have given great profits. The downward momentum has kept up and we've now settled into a descending channel. As always, I will be longing a confirmed breakout of this, and shorting a confirmed breakdown. I will also be trading the range between support and...

lwils2169

We're testing the 45k levels as we progress into this ascending broadening wedge. My approach to this is depicted by the path arrows. I will be longing a confirmed breakout and shorting a confirmed breakdown. However, since we are relatively young in the pattern's development, we could see the price bounce between these levels a few more times. Due to this, a...

lwils2169

Hey guys, well I bet we're all in a good mood today (unless you were shorting bitcoin). We are back above 40k, and it seems the bull cycle is progressing once again. Satoshi would be pleased. We broke above critical resistance which turned into support, then we bounced into a huge 6.9% pump, topping out approx. $43,430. If you're trading these pumps on leverage...

lwils2169

Bitcoin did not stay within the trading range from the previous period (yellow box), and in the past 24 hours has exhibited large volatility and lack of respect of recent support and resistance levels. I am personally waiting until bitcoin settles into a more established pattern before I enter any trades.