How you guys doing?
Been almost a year since we caught the bottom around $4000($3880) in 2020 March.
Hope you all safe and been enjoying 10x up from btcusd counting the recent ATH around 40k.
If you haven't checked my post before. Here it is where we caught the bottom in 2020 March at around...
well. I almost finished my whole content written here. But accidentally pressed “esc”, and everything was gone.
It took me some breath to decide if typing it all again or not.
All in all, I made efforts in sharing.
Here you can find quality TA. No BS, we directly go into the core.
I shared in previous idea - how market marker took both money and positions...
Though I updated most ideas of BTCUSD, I think it's necessary to make a new one to clear mind on each key stage.
No BS, we go directly to the point.
In case you don't know that BTCUSD is much manipulated(well operated by market maker).
It respects financial market rules just as the same as when William Gann analyzed the market.
That's why BTCUSD keeps showing...
When you understand BTCUSD movement, you know what's likely to happen.
From several ideas look into BTCUSD from it's nature, I think BTCUSD's nature showed on it's price movement.
you can find some of those ideas at the end of this idea
As each coin/pair has it's nature, it's likely to repeat.
1. It sticks to bull hype fib:
BTCUSD history bull...
price below MA60, then close below that low - Downtrend confirmed
when a down trend is confirmed, we call it "dead cat".
the market is not only up or down.
it's up and down, up and down. it creats so many dead cats bounce levels
all the blue S/R marked is dead cat bounce potential levels,
and the market respected it(shows in the red squared box in...
This is telling us the important of setting SL.
The market will always tell us what's the right thing to do.
You get rekt or you learn.
Eventually, you always learn what's the right thing.
To do or not to do is your choice.
This is typical hype fib, for 1st bull and 2nd bull again.
if you did not learn before(from my hype fib post of last...
EOSBTC easy trade:
1. MA10 as bull/bear market general division
2. trend define strategy: making higher high/lower low or lower low/lower high
how to trade:
1. bull starts:
Daily chart, favors MA10.
price cross up MA10 with explosive candle body,
then should not retrace down MA,
then breakout previous bounceup short resistance,
Back to the originial - MA, S/R, MACD analysis
simple is good, can help us catch the key
black lines were draw based on price formed S/R(support and resistance)
2. MA Cross:
we are now at MA18 crossing down MA26. when last time it happens, BTCSUD went back to retest the important S/R. it is...
so now everybody is talking about btcusd falling
so what now:
we shall fall more to finish corrections, max. above 8300, then we go up for wave 5, targets are purple ones
brief back thinking summary:
1. big pic playing. wave 1 can be that top around 8300 or 8900
2. this chart was made based on condition wave 1 @ 8300 area
3. we are on wave 4 - zigzig OA=BC,...
if we hold up on 6450usd, bull
if we breakdown from 6450usd, bear to 3k or below 3k
Why we are on the way to the bull:
BTCUSD history bull counting:
formed fib 4.236( ATH ), turn it into 1 for another bull counting, targeting fib 4.236:
Take a look at the previous 2 ATH- Bear and ReBull from there :...
Current BTCUSD price drop support target:
if we are on the way to bull(i think so, and reasons below), follow the arrows depends on the support-to-be and continue in the blue price line movement.
support-to-be: 7500usd or 6500usd or 5500/6000usd.
I think now it would be a good Altcoins season when btcusd is in consolidation, if not too volatile.
Why we are...