ETHBTC divergence on 4hrs
Waiting for pullback before speculate to any more long.
Green triangle the target zone.
Between FIB 0.38-0.5 somewhere.
I'm not shorting this, only waiting for good long entry.
I don't understand : people are why so bullish on XRP.
Ripple is still the most overvalued shitcoin in the universe - regardless of how much the exchange rate is
Only good for speculations, very massive dump since months, this little upward correction inside a descending triangle was healthy, but not a bullflag anyway.
I think only speculation and hopium is...
This is the only R:R what I'm seeing now to play out.
Divergence on 4H chart, perfect channel downwards until 9.5k
7% profit target, 1,5% stop.
As you see, the R:R ration is only interesting for BEARS.
200EMA 4H retest and fail -> good for BEARS too.
I'm not sure play this trade...
What a beauty move.
But be honest...who didn't saw that guys? Just need some manual draws on RSI(20).
RSI(20) breakout once, than confirmed twice.
Look what caused this on the candles chart:
In the next 45 minutes (before the next 1H close) bitcoin will decide : which...
I've opened a LONG now before going short later to hedging against my account.
Target: Trailing STOP - but if we wicking the 11k - I need to close with profit at least the 50% of this LONG
This bullflag is a mistake to missing out with at least a small stop:
If it will fail - no...
I've missed the breakout cause some vacation time, but I'm not dissapointed, preparing for the next position with my Hedging Account and it must be some short position.
The bullish momentums at bottomse was very pretty measurable with Murrey's Math & Oscillator divergences on higher timeframes in the last months.
With the length of the upward channels was...
Bulls are too tired?
We are currently inside a correction period since 2 months already.
A few days ago I've opened a LONG position at 10k to catching up the next bull rally....but it was a dissapointing for me: we even can't touch the resistance line.... I've closed with trailing stop profit, but anyway I didn't expected so weak market-move.
OMG - Unfilled...
This is my trade history (about ~6 trades),
I've started on twitter here, but mutch better to using tradingview to tracking the events!
So if you want to learn hedgning and conservative, but very profitable trading techniques, follow me here, on tradingview.
Planning to start a followable trading journal in Sept! Woul be very good for education.
Expecting more uptrend from here, but safety first, so minimalize risk.
New stop of my LONG: $10.048
(ENTRY of my LONG was 10k yesterday,
Initial STOP of my LONG was $9.850, margin x3)
If we breaking out: it's good.
If we are falling down: closing this long in small profit, and my bit of SHORT since 12k still open to hedging this LONG.
So good profit...
IF you didn't read my older article about a tutorial divergence money making on tradingview, then you need to do understanding this setup first.
How to making LOT of MONEY - Hunting Divergence
So, again, very sexy bullish divergence showing on the daily
More candles on 1H divergence
It's too good to missing out! RSi is...
I hate intraday chart trading, because always sucking me out.
But this one, I think may good.
I'm using my HTF account to play this out.
Entry : 10.461$
Target1: 10.625$ (fib 0.23) - 15% profit
Target2: 10.800$ (fib 0.5) - 30% profit
Stop: 10.422$ ~5% loss with fees
Causes here, read my related...
My wise mentor said always:
"To making a very lot of money with a very few position in long term:
only need to spending a little time daily for hunting divergences."
Today I would like to give a little tutorial about that.
If you don't know what means divergence in charts, please read this first: Divergence Definition and Uses and the Divergence Cheaat Sheet
I think, everybody need to spending more time to analyse the current market structures before starting to trade.
I personally can not trade without these steps, YOU NEED TO UNDERSTAND which circumstances are there on market, before you want to ride some wave.
"Why 9.5? Why 12k?"
So today I will show you: why BITCOIN moves these levels.
If you don't have time,...