Bitcoin optimistic vision 21 March 2021 — BTC UPHello! Since last week bitcoin price fluctuations are choppy as hell. Slidin up and down like crazy, shaking weak hands out of market.
Personally I use level of 51K as first sign of bearish overtake. Untill this level is holding i continue to hold btc position.
If btc will continue to grow, it will mean alts vs. btc will take another dip (buy opportunity) and give good profits after few weeks.
Thanks for you attention, stay tuned to new updates
Best regards
Artem Shevelev
Artemcrypto
The 5 Move Figure making x80 profits on Bitcoin!Hey guys, just made another research on the fractals of Bitcoin, and here is what I've found.
This chart represents similar price action look from 2013 price action approx from $2.00 to $160.00+ (x80)
This move was made from 5 phases, where
Phase 1 - crash pattern
Phase 2 - rebound pattern
Phase 3 - consolidation
Phase 4 - recovery
Phase 5 - growth
2013 chart with all phases:
It is amazing how it looks compared to now! it is almost 100% same look and price action setups. Check it out
What is interesting is after 5-th phase, it comes into big dip (correction) with -60% drawdown. Then price pumped x5. Seems like it would be nice opportunity if price action during 2021/22 will repeat all this process in same manner. Hoping for best here!
Remember this is not trading setup, this chart is only a refference for Possbile market look.
Check my other Trading ideas for btc:
Thanks for attention,
Best regards
Artem Shevelev
Bitcoin Price Action Outlook 26 February 2021Looking for the price action in the range of 52K and 42K during next month.
IF price will go below 42k, we going to see lower levels:
Fib map
Current range and btc price is too risky for long-term holders who wants to enter market now... I recommend to trade with reduced risk size during next months.
Stay safe
Best regards
Artem Shevelev
Bitcoin getting ready for another liftoff! $62K potentialHello! Here is my latest research on the price action. Found very close situation on the Bitcoin during late December 2020, you can see it on left screen. On the right screen we see current price action prior major breakout.
This comparison I marked in 3 stages, where
Stage 1 — Descending Triangle ABCDE
Stage 2 — Wedge Compression
Stage 3 — Breakout Impulse
In stage 1 we are watching for tricky correction in Descending Triangle with 5-zig-zag pattern (Elliott waves ABCDE)
Prior breakout from Stage 1 we can see Moving Averages Crossover and price start Impulse wave up.
In stage 2 we are watching for mostly bearish Wedge, price sloping up and selling pressure decreased so eventually price breakout to upside, crossing Level of resistance of Fibonacci 1.618 at $29885 on 02 January 2021.
Stage 3 is mainly impulsive wave 3 and 5 making sharp moves up and down and up again. In stage 3 you can see wave 4 retraced to level of resistance at 1.618 fib $29885 to retest the breakout.
This time seems like we are in the middle of Stage 2, almost finished Wedge compression. Looking forward breakout from resistance of 1.618 fib at $49724 and impulse leg up to $62100+ as stage3, and there I will expect major pullback to $49k.
Thanks for your attention, stay safe and use risk management.
Best regards
Artem Shevelev
Holding LITECOIN for the x2.36 profits this year! $500 per LTCPrice of litecoin making strong uptrend, but overall performance is quite smaller than other alts and btc.
On the chart I've found potential great opportunity for holding ltc for this year. I have compared performance with ethusd and look at the 3 horizontal lines
These 3 lines represent resistances and ETHUSD making moves ahead of the LTC, which makes me think we are still in the early entry for LTC.
So according to these lines, we going to see new All time High for Litecoin during 2021.
Also take a quick look at Moving Averages, they crossed on eth and it made the move, now on ltc same picture, moving averages crossing before the move...
Happy Hodling, make sure you following the risk management.
Stay safe
Artem Shevelev
Bitcoin Elliott Waves Vision chart update (NEW TARGET)Price of BTC keep surprising us with new highs. Corporations such as Tesla and Microstrategy setting a new trends for corporate funds allocations, now they use free cash and invest it in digital currencies. Risky move, but definitely a bold one.
Microstrategy utilize 3 Billion $ worth in bitcoin, while Tesla buying Bitcoin for 1.5 Billion $. This makes price moves up, but people who watching this news make price pump even more.
Remember, these companies not blindly hold btc, they actively trade it, using own risk management!
So while whole market blindly waiting for big dump or 100-600K for btc, we should make sure we using our investments riskwise, allowing yourself to participate in market moves without excessive loss and using money which we can afford to lose.
This idea is continuation of previous EW prediction
Elliott Waves cheat sheet TOP 10 RULES for EW
If you want learn more about Trading Psycology, you may see theses posts
Stay safe
Best regards
Artem Shevelev
NUUSD Price Outlook 18 January 2021 — NU UPPrice of NUUSD now located at local bottom, developing cup and handle pattern. Might have very nice bump in price up to $0.3-0.35 zone.
Buy zone spotted in 0.22-0.20 area, with stop loss below it.
Best regards
Artem Shevelev
DOGE USD Risky Short Entries With High ProfitPrice of Doge went up from 16 satoshi up to 260. This made price establish ATH both in usdt and in btc value. My entries was at 21 and 16, I sold everything at way to 100. Didn't expect 200+ ))
Here is chart with my entries for long
Reason why I am shorting this pair, because price rise too quickly.
My entries on the chart and targets too. Calculate risk and position sizes if you wish to follow this trade.
Be safe,
Artem Shevelev
Bitcoin Psycology Cheat Sheet "Popped The Bubble"Traders should print this cheat sheet out and keep it by their desks!
You can save this cheat sheet using Like and Bookmark features!
Reason why I wrote this post, is tremendous amounts of Bullish signals in @TradingView community, just take a look at front page and first pages of Ideas tab.
IMHO this is signal of "Back to Normal" phase and we are appoaching big crash event during 2021/22.
Stay safe and be humble!
Best regards
Artem Shevelev
ETH / BTC +100% growth potential, here is whyIs it possible to see ETHUSD at $2000?! This analysis can help us understand why its possible.
Price of Ethereum making fenominal growth during 2020 and now, in 2021 price approached important resistance at 0.040
This resistance is very strong bullish marker.
The reason behind it's been there for long time, and seems like market can't break it from 2019 and even in Sept 2020.
Looking today at ETHBTC we can see, price trying to break it, and now trading above 0.042.
Take a look at this 2017-2018-2019-2020 ☝️ struggling near points of 0.038 and 0.040. Insane. After breakout from this levels price making big pumps over 40 and 100% up.
According to this, if price of ethbtc will shoot up +100% move in short-term, we might see a $2000 ethusd even if btc will stay anywhere above 20K!
In 2020 I've got very good profits from holding ethereum, bought in 220ish prices and fixing profits all way up, and now I am ready fix whole position after ethbtc pump, hope you will fix profits with me.
Results can be viewed here ☝️, click on analysis and press play.
Best regards
Artem Shevelev
this is Artem Crypto
BTCUSD Price Outlook 24 January 2021 — BTC SIDEWAYSBitcoin after sharp drop, now located at 33000 — 29000 range. Personally I find this zone very important for next move, because price need to show confirmation either for up move or down move.
Looking for confirmation for 33920 for move upside, and at 30500 for downside move.
GRTUSDT Price Outlook 18 January 2021 — GRT UPPrice of GRT making good movement inside range of previous high, seems like trend can continue to go up until February.
Looking forward sell target at $0.93, price can go higher, but this is my target. Will be surprised if reach $1.5 :)
Follow stop loss and risk management.
Best regards
@ArShevelev
BTCUSD Price Outlook 21 January 2021 — BTC UPHello! Price of btc making sideways inside the triangle shape. THis triangle become symmetrical, and now possible make rebound to resistance of the triangle. Hopefully we going to see bullish breakout of this triangle as finish wave of 2019/2021 bull cycle. Time to fix profits.
Best regards
Artem Shevelev
OMGBTC Price outlook 18 January 2021 — OMG UPPrice of OMG making breakout from Falling Wedge, potentially it can make +70% +130% +180% profits from buy zone.