stephen0215

stephen0215 Updated 

At the early stage of this bullish run, I was optimistic that ATH would hit 100k in 2024. However, we are experiencing a possible reversal to the price range between 48k to 54k(99EMA and 200EMA) from the daily chart, which could take up to a month from now. At this point, I've closed all my positions. My strategy is to monitor how it tests the ascending wedge's...

stephen0215 Updated 

As the pattern outlined on the chart, I assume the ascending wedge signals the potential to reverse to the target price of around 62k. However, it's not the end of the world. I would rather see it as an opportunity to re-enter the long position. Keep an eye on the altcoins of your choice. They would show strong movement over the second-half bull run. As the...

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Europe - The Final Countdown We're leaving together, But still it's farewell. And maybe we'll come back. To earth, who can tell? I guess there is no one to blame. (Only the whales to be blamed. lol) We're leaving ground. Will things ever be the same again? ---------------Ok! back to my point------------------ Things changed rapidly over this week. (P&D)...

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Hey! folks. Let's see how the price goes on in the next few weeks. As you can find btc has already develops the descending triangle since the very beginning of this year. The resistance line still keeps the bulls sideways under this negative slope which means we hav no much area to hold 6k. Probably the huge squeeze would occur before the weekly candle shows up....

stephen0215 Updated 

Well... There is much possibility of the formation of the ascending wedge rather than HS pattern. Think about the doubts below if you believe its hs pattern. Question 1: where is the neckline? Higher highs have already destroyed it. Question 2: where is the right shoulder? Even too hard to recognize. The 4800 TP is still valid. If it breaks the major support line...

stephen0215 Updated 

I know its been long time for no update. So here is the thing: With the confirmation of the descending wedge formation, there is the opportunity to take long trade. You can find ideal buy price around the blue support line. Just remember to set your stop loss. It still could be unexpected bloodbath at any time. By the way, you can see the rocket pumped after the...

stephen0215 Updated 

Hi everyone! I've analyzed this chart for days. There are still lots of problems but signs became more obvious which might help you see clearly. So here is the thing that I should warn you guys first... Its a risky strategy but worth to consider! Last weekend, we saw the pullback from 9900 then took consolidation around 9300. That wasn't the outcome we...

stephen0215 Updated 

So I had some troubles and took me days to relax. here is the analysis but I don't want to explain too much details. U can see the triangle is almost completed. Set your buy order and we can expect a huge breakout. The fist target is the previous highest point 9700. Then retrace to reach the major support line. Finally its the 10200 target. Well.. hav fun...

stephen0215

So I had some troubles and took me days to relax. here is the analysis but I don't want to explain too much details. U can see the triangle is almost completed. Set your buy order and we can expect a huge breakout. The fist target is the previous highest point 9700. Then retrace to reach the major support line. Finally its the 10200 target. Well.. hav fun and...

stephen0215 Updated 

Both sides killing each other so fiercely. Well I don't recommend u guys to get involved in this bloodbath. Still the same scenario: The whales are playing the fishes. Its not our battlefield! I think many of you guys know that this market is being terribly manipulated. The whales are even able to make fake signs to mislead their opponents. So only I can do is...

stephen0215 Updated 

Its the prophecy. Its the future map. Its the traders destiny. The whales might not be the winners, but you are not allowed to be a lose.(Only if u want to.... lol) Its the chance to take the right side with your own consideration. Let's get to the chart for a possible scenario. After btc got rejected at 8400 then took a pullback. It started to drop...

stephen0215 Updated 

As I said I will keep updating new charts. But that frustration took me days to calm down. Ok... Lets get right to the chart. Well.. After btc reached 8k, it faced huge resistance and seemed hard to breakout again. (Volume keeps decreasing and several times pullback.) Also there's a confirmation about the false bull flag which means bulls are probably...

stephen0215 Updated 

Interestingly, btc 0.04% still in wave2. Even it's a risky trade, btc 0.04% still manages to rise to 69~70xx. Buy at your own risk. But what will happen after 69~70xx? Lets get into the volume again, its almost at the same number before the previous bull trap showing up. Im not saying that btc 0.04% will drop immediately. The only thing I can say is that its...

stephen0215 Updated 

First thing I hav to say! Please focus on the trading volume , every time when the price goes up, we can't see any actual growth of the volume . (probably just 5%~10%) But every time when btc 1.51% gets into horizontal price movement, we can actually see huge decrease on the trading volume . (probably more than 20%) How do you think this kind of volume could...

stephen0215

Well....Rsi divergence cause a big green candle that is really painful. After btc reached 7000, trading volume has decreasing extremely which 100% means it wasn't bullish sign. So here is a possible scenario: we are sure that btc still in wave 2 and almost complete it.(If u still hodl, just hodl) Wave 3 is coming anytime. Fasten your seat belts!! And there is...

stephen0215 Updated 

Hey guys! Well this is my first trading view post. This analysis of the chart won't be too lengthy , just enjoy it:) After the bloodbath we can see the bearish pennant was formed , then apparently btc drop fiercely again. With that swing low, we could see the resistance line and support line force us to move downtrend. Also there's one thing u should realize is...