trader734567

trader734567

We havent been below 100 weekly ema. 4hr chart shows we are in price discovery. Above 4hr ema

trader734567 Updated 

Bullish factors: 4hr trend-bullish break of descending triangle above 100 EMA

trader734567

Seems to mean an end to a bottom has been set. Aggressively buy

trader734567 Updated 

If bitcoin doesnt close above 40k soon.With the trend so far We might be heading to the lower 30s

trader734567 Updated 

Major resistance at 45k. Set up a buying range of 37500-45000. 1st target 55k 2nd target 65k

trader734567

Looking at the total market cap increase back to approximately 2 trillion, At this price levels might be able to sustain a bullish trend till the next cycle. Once we break to profitability alt season may begin.

trader734567 Updated 

Bitcoin is currently in a undervalued zone using weekly charts. Last time a bearish cycle of 84 days was on 17 may 2021- 02 august 2021.This time 29 Nov 2021-07 feb 2022 we are currently 70 days into this bear cycle. We might dip to 38k in the next 14 days but buying bitcoin at these zones may prove very profitable.

trader734567 Updated 

The trend seems to be shifting to a bullish bias using the 4 hr timeframe. Here's to buying my first meme coin.

trader734567 Updated 

Looking at my 3 hr channel. Everytime we seem to hit resistance, there's bearish volatility. If you missed to short bitcoin at 43k ,Heres a chance at 38k. Probably looking for more than 20 percent which is roughly at the price of 33875 the next crucial support. N/B Your risk should be 4 % to invalidate the trade, thats roughly at 42k.

trader734567

The last couple of hours on lower time frame charts the trend has changed. People seem to be selling less. This doesn't mean a bottom has been established. Only that bitcoin price seems to be recovering with the total crypto market. The climb to 50k might not be smooth at all. Way-forward: 1). Might be a good time to cycle in some bitcoin back to the...

trader734567 Updated 

Australia has suffered a nasty dip, Which bounced on my daily support. A target of price @ 0.739.Stop loss is 1.58% @ 0.701.

trader734567 Updated 

We might have a head and shoulder pattern. If we break price @ 2.2 and trade below. Bears could push it lower to price @ 8.4.Thats about 30% dip.

trader734567 Updated 

Everytime i see capitulation in bitcoin after a dip.Something parabolic takes place next.We have been trading in a range for the past 2 weeks after an explosive october. I think its time to increase my bitcoin holdings.

trader734567 Updated 

Well bitcoin in my opinion. i thought we would never see Bitcoin @ 56k. Well i like to counter trade the market and long while there's is blood. Also in my favour i have an 8hr support zone

trader734567

We are back at 58k. With the total market cap chart just about to breakout.

trader734567 Updated 

Loopring continues its bearish trend as it failed to sustain a price of @ 2.3. With bitcoin trading in a range. the trend may continue so added some capital on my short position. Part 1 is linked below.

trader734567 Updated 

We just broke 4hr bullish support zone. With my bitcoin long, I have to hedge against myself. Now loopring has done 785.90% profit in 13days. We have never gone into the bearish control zone . Conclusion : If i was up 785% on a altcoin with bitcoin making a 1 month low. Even with a dip in bitcoin of 50%. I would still be more than 350% in profit if i buy bitcoin now.

trader734567 Updated 

The three main factors that define a Bearish breakout to me? 1). Pi cycle top was established on 28th october. 2). The trend- we have established that bears are in control on lower time frames including the 4hour chart. 3). Volatility- Everytime we have retested price @ 54 dollars. We have increased selling pressure. Meaning some whales are cashing out It is...