Bitcoin Bull Market = Another Bullish Triangle MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market is here right now
Bitcoin Is Very Bullish right now and will move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading
There is life changing opportunities soon
ALT SEASON IS COMING be prepared
Bitcoineur
Bitcoin About To Go Parabolic **WARNING IMPORTANT VIDEO**MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market could be here right now
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading
Bitcoin Has NOT Topped Out -- 100% PROOF MUST WATCH MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin can EXPLODE HIGHER HERE & go PARABOLIC
If you want help trading bitcoin or any other ALT coins hit me up , We will improve your trading
My target of 2600/2800 remains intactI still think it will go that low, even if we see any substantial bounce during the dump.
Here is why:
- Red trendlines are repeating and they all get broken at the end in a last massive sell off.
- Even weekly MACD seems to show oversold condition and the lines have crossed, it can just go up a bit and go down again. It doesn’t show a lot of strength.
- Focus on the bigger picture. Monthly MACD is free falling and the last time it happened (2014), the situation was similar.
- People without any knowledge of supports, resistances, Fibonacci, Gann, etc., are still scared. My question is, would you buy a coin that every time it pumps, it draws a lower high? If I didn’t know about trading analysis, I wouldn’t get in, to be honest.
This is just an idea and I can’t be wrong, of course. I’m not responsible of your actions, so trade or invest carefully.
Have a good day! ;)
BTC won’t go up.Hi, guys.
I want to show you my idea, since some people are calling for BTC to go up because it has broken a resistance.
The idea of going up because a resistance has been broken only seems to work properly in an uptrend, because when there’s a crash like this one, every resistance broken doesn’t necessarily mean it goes up indefinitely.
I’ve seen these fractals in 2014, and I’m gonna show it to you with a triangle so you can see where BTC is at the moment.
I’m not saying it can’t go up, despite the title, because it would be ridiculous. I’m saying it’s more probable it goes down than up, according to fractals, super low volume, and 50 MA broken (green) and going down to reach 100 MA (blue) and possibly 200 MA (red).
Hope it shows you a different point of view.
It’s just an idea. I’m not responsible of your actions. Trade according to what you think.
Cheers :).
FRACTALS 2014:
BTC could go to 2.6kHi, everyone.
Some time ago I posted some “apparently” st*pid posts, since I was quite new in this world. But now that I’ve checked them again, I can see I wasn’t that wrong regarding my targets. Still remember people calling me noob (I was, in fact), because they said to me I was wrong and LTC wasn’t going to go under $100. Well, it went under 100 dollars and it maybe goes to 45 dollars or so, my first target for LTCUSD.
That said, I’m going to publish an idea of where BTC could go. I’m not saying it’s going to happen that way because no one can predict 100% where it will go.
But I have seen in a weekly chart a similar pattern as in the 1 Month chart. Maybe it doesn’t mean anything to some people, but it makes a lot of sense to me. Same Bollinger Bands shape, same MACD crossing, and Stoch RSI nearly similar.
As you can see in the chart, MACD will cross in July, what will cause a massive sell off that will lead BTC really low. And my target is crazy, but still a possibility. Around 2,600 dollars is the bottom I predict now.
Also, the Bollinger Bands are incredibly similar to 1 week chart, what points BTC to go under the 21 MA line.
Will it go to this price? Well, there’s a strong support there, so it can. Is it 100% sure? NO. Never NO. Because no one can predict exactly where it goes.
Anyways, I want to point out that it’s a possibility to take into account.
Before you see the chart, I want to point out that I’m not responsible of your actions and this is just an opinion.
See 1 week chart and its similarities:
Bots manipulating BTCHi, guys.
I’d like to show you why to avoid trading at this moment if you don’t want to get rekt.
As you can see, RSI, Stoch, and price were trying to go down in what it was going to be a massive sell off. Instead, these indicators went crazy and turned up. Is it real? The answer is NO. Humans don’t do it. A normal uptrend should be starting little by little, since doubts make people get in slowly when they see any movement. The process would be like: first, some people buy, then, some more people buy, then more, and more, and more, and create what we know as FOMO (Fear of missing out).
This pump is totally artificial. It appears from nowhere while it was going down, and in a 90 degree angle. Why? Because when any signal triggers the bot, it suddenly starts buying a lot of BTC to create like a wall so people think it is going up very quickly. It makes us think the bottom has been reached and buy BTC. But when you think it’s going up... kboooom! The process is finished, the bot takes the profits and everyone starts panic selling.
So guys, if you don’t wanna lose money every time it pumps that way, don’t get in, seriously.
It’s just an idea. I’m not responsible of your actions.
Have a good time and be cautious. ;)
BTC to around 2.6k !!!After doing some maths from 2014 chart, looking at monthly and weekly Bollinger Bands and MACD (see previous post), looking at weekly 200MA line, and calculating a 123% extension of Wave 5, I can see a clear real bottom at around 2.6k. You can call me crazy or whatever you have in your mind, but it’s very possible that it goes to this point.
I have to point out I’m not either a bear or a bull. Well, yes. I’m a bear now because I’ve done my homework and I know it goes down. But when it touches the bottom, I’ll be bull. So avoid saying I’m a bear and so, I’m biased.
It’s just an opinion. I’m not responsible of your actions.
That said, have a good time and be cautious. :)
BTCEUR , TP3 hit with 1940139 profit. NEW Buy Opportunity...BITCOIN/EURO
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 2018.04.07.
Total Profit: 1940139 pip
Closed trade(s): 678585 pip Profit
Open trade(s): 1261554 pip Profit
Closed Profit:
TP1 @ 6299.85 touched at 04.12.2018 with 78585 pip Profit.
TP2 @ 7297.45 touched at 04.20.2018 with 178345 pip Profit.
TP3 @ 9730.55 touched at 04.24.2018 with 421655 pip Profit.
78585 + 178345 + 421655 = 678585 pip
Open Profit:
Profit for one trade is 7616.59(current price) - 5514.00(open price) = 210259 pip
6 trade(s) still open, therefore total profit for open trade(s) is 210259 x 6 = 1471813 pip
Take Profits:
TP4= @ 9236.95
TP5= @ 10740.80
TP6= @ 12166.75
TP7= @ 14229.35
TP8= @ 16780.00
TP9= Free
Midterm forecast:
While the level 6299.85 is not broken, the Midterm wave will be uptrend.
Price may also reach 6299.85, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 6299.85 is broken.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 64.
BTCEUR , TP3 hit with 1940139 profit. NEW Buy Opportunity...BITCOIN/EURO
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (6299.85) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 2018.04.07.
Total Profit: 1940139 pip
Closed trade(s): 678585 pip Profit
Open trade(s): 1261554 pip Profit
Closed Profit:
TP1 @ 6299.85 touched at 04.12.2018 with 78585 pip Profit.
TP2 @ 7297.45 touched at 04.20.2018 with 178345 pip Profit.
TP3 @ 9730.55 touched at 04.24.2018 with 421655 pip Profit.
78585 + 178345 + 421655 = 678585 pip
Open Profit:
Profit for one trade is 7616.59(current price) - 5514.00(open price) = 210259 pip
6 trade(s) still open, therefore total profit for open trade(s) is 210259 x 6 = 1471813 pip
Take Profits:
TP4= @ 9236.95
TP5= @ 10740.80
TP6= @ 12166.75
TP7= @ 14229.35
TP8= @ 16780.00
TP9= Free
Midterm forecast:
While the level 6299.85 is not broken, the Midterm wave will be uptrend.
Price may also reach 6299.85, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
We will close our open trades, if the Midterm level 6299.85 is broken.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 64.
BTCEUR , weekly update: Total profit 581745 in 5 days.Total Profit: 581745 pip
Closed trade(s): 78585 pip Profit
Open trade(s): 503160 pip Profit
Trade Setup:
We opened 9 BUY trade(s) @ 5514.00 based on 'Hammer in D2 time frame' entry method at 04.07.2018 .
Closed Profit:
TP1 @ 6299.85 touched at 2018.04.12 with 78585 pip Profit.
Open Profit:
Profit for one trade is 6142.95(current price) - 5514.00(open price) = 62895 pip
8 trade(s) still open, therefore total profit for open trade(s) is 62895 x 8 = 503160 pip
Midterm forecast:
While the price is above the support 4184.50, beginning of uptrend is expected.
We make sure when the resistance at 7297.45 breaks.
If the support at 4184.50 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 51.
Bitcoin Is Still Not Bullish!Hi friends,
On the daily log chart you can see that we are still bearish indicated with the RED trendline.
The 200 EMA and this bearish trendline is on the way to make an intersection.
Currently we are sitting on the 0.382 Fibb and it is still not clear that we are gonna move UP or DOWN.
If we break the 200 EMA and also break the bearish trendline, then it is very likely that we gonna move up significantly. My first target is the 9100-9200 level. Bouncing back from here would creat a double top and indiacte that it was a false break out and we would turn bearish again. Breaking this zone would reinforce bulls and we would go up to the next zone: 9750-10000. The bottom of the zone is the 0.618 Fibbo and the top of the zone is the 200 SMA (red).
The second scenario is that we do not manage to break this key intersection point and we bounce back from the bearish threndline and the 200 EMA.
Both scenario provides great entry points, since either we move up or down, it is gonna be significant! So be prepared and watch carefully.
If you liked this analysis please leave a like!
***This is not a financial advice!***