Are you a hodler? a person who trades less or wants to? Tired of chop and indecision? Well The ema envelope on the daily has pretty much nailed all of the major moves for you. It is very simple. Price closes above it.... go long. Price closes below it. Go short. Price is inside it... wait and see. I hope it helps you
an important point. for if btc breaks daily pivot or resistance here. it reclaims weekly L3 which would target weekly H3.. which also is the monthly H3 which would put it back in its structure for decision on continuing higher for a new month
so we about to get a TD9 on two week for sell side. as you can see. that has nailed the tops and bottoms on bitcoin well in the past. We have divergence. increasing sell pressure. my oscillator is meeting the resistance line. The OBV occilator has a trendline resistance. the vix fix / inverse vix fix suggesting it might be so. The OBV+Fisher transforms higher up...
Along with many other indications that we may be due for bitcoin correction. He is a dollar btc comparison. With dollar nearing major support and BTC at resistance and looking like it might cool off. It is possible we have an inverse move to each other in the near or short term. Targets for that are not exactly as where the arrows point at on the chart. and...
There are weekly camarilla levels.. it looks like we might have one more upswing. If you want to buy this Dip use stoploss at the L4 level. or tight one just under that pink PIVOT line. I am actually med term bearish. but this is a possibility. These are weekly plays. so those levels and targets are weekly levels. Good until end of the week. Targets would be H3....
I recently posted info about this on another chart for bitcoin. you see how that pivot point was untested on this new monthly? that means. always. btc JUST did this at 10.5 last week. but it means THE PIVOT POINT WILL GET TESTED!! buy there
Cam monthly levels. we hit the top of predicted monthly range perfectly. if we reject here. the typical play would be to target the L3 on the otherside. supporting information is that the sentiment is very bullish. over confident. fear and greed highest since 14k last year. fisher transform on 2day is +4. TD9 sell set ups are on larger time frames. godmode on...
its the untested monthly pivot. not rocket science. they always are magnets for price action
with CPR central pivot range. and splash of TD sequential and gap influence
a play for the rest of month. as it shows. I love link. bought since 12-16 cents. but its about correction time
bullish divergence. TD9 BUY setup. the second monthly breakout (downside break) target has been hit. I would expect btc dominance to increase fairly soon. no matter if its from alts selling or btc rising
This is what I expect. viable as long as H4 holds. if H4 breaks I expect H5. it is likely we test the pivot point. about 90% of untested pivots (untested on open) get tested during their timeframes. I think we will retest and from there have another leg down.
Now I know as much as the next guy. And I do not like to be the bearer of bad news. However, I use a couple of fairly reliable indicators. Vpt volume price trend against fib Bollinger's. and the god mode. And this chart is the 3day chart. I have only witnessed the godmode give a short call on the 3day 4 times since 20k. and the VPT always tells the truth of...
IF you can take from my contradicting indicators reading and logic in the chart the pure irony the title of this analysis comes with then that is good. Do not get chopped up guys. This formation is exactly like April 2019 before it mooned. and there was and will be plenty of time to get on board if that is the direction. We have a monthly pivot level and it has...
Camarilla monthly levels on the 12 hour chart. As you can see 1748 crucial resistance. Breaking that could lead to the upper 1700s quite easily. As you can also see we have some large bearish divergence. Wave trend is minor up. macd is crossed up. OBV is high. PP is getting higher. Oscillator has not much to say here. This area could be redistribution because of...
get her done. camarilla developing pivots