Block
$SQ BLOCK weekly 0.618 bounce????? $SQ might have found its bottom need to confirm support in this area bears still in full control
looking for support at the 200ma which is also the .618 fib level if we lose 200ma next level of support is way down below $100 where the volume profile shows strong support in the $87 area
I expect $SQ (BLOCK) to start consolidating near the 200ma remember stocks like to SINK into support so could trade slightly below 200ma for a bit but not much lower IMO if sell momentum continues worse case is $87
SQ displaying sign of reversalHaving drop 40% from the peak, I'm seeking a sign of reversal of SQ. Checking the 1H chart, the last 3 local minimums are only 5% different. 1H chart SMA20 already crossed SMA60, and tallying with oversold RSI from 15 Dec to 20 Dec. Price trend up since then.
Buy @ 167
Stop loss @ 158
Profit @ 192
Profit to loss ratio 2.9
💡BLOKUSDT ANALYSIS💡Hello Friends
When we look at the chart for four hours , Bat Formation Bullish Bat Formation Current It is
very risky to enter the trade before the voluminous momentum comes . Risk money management is very important in such trades .
There are technical levels on the chart.
Tp1:0,103809
Tp2:0,103809
entry level:0.077201 At the close of the 4-hour candle,
stoplos:0,053562 I keep the level away from my own money management, you can pull it close
. IT IS NOT INVESTMENT ADVICE.
If you are using the analysis, don't forget to like and follow
. If there is something wrong with the formation, you can warn.
EDUCATIONAL PURPOSES
Bats Formation Boge ( Bullish Bat )
Rules:
X / EU = 0.382 and 0.50 in
the EU / CD = 0.382 and between 0.886
BC / CD = 1,618 with between 2,618
XA / CD = 0.886
$BTC is killing me lol...Not that I'm wrong....Sheesh just explode.... smh so we have a little downside here and it should breakout about or around 8pm... DO NOT EVER FOMO UNLESS YOU ARE CERTAIN OF YOUR TP's AND STOP's. So I charted this beautifully and was busy at the time not realizing how fast BTC moves and I missed the original entry I made for myself. Had I got in at my original price I wouldn't have lost a dollar to this play... When you miss the correct entry you are forced to scalp or add heavy before liquidation... If you hit the mark its more or less smooth sailing to the end of the contract... I missed my entry I chased... found a good location then made the mistake of adding to my position at the wrong time which moved my liquidation causing me to get liquidated twice... but thats not the issue... My issue lies in trying to justify a new position by trying to make it into the original position which you can't do. I literally missed my entry and still made over 2k, but then I watched 3k in profit just turn red!!! How much of a greedy idiot am I?!!!! Needless to say all the money I made on this play damn near gone all because i missed my original entry....
PLEASE MANAGE YOUR ACCOUNTS WISELY AND KNOW THAT THERE WILL COME ANOTHER RUN...SHIT WE HAVE 2 MORE BEFORE THE END OF THE YEAR TO COME... SO I COULD HAVE WAITED AND STILL HAD MORE MONEY!
THIS IS NOT FINANCIAL ADVISE! THIS IS FOR EDUCATIONAL PURPOSES ONLY USE THIS INFORMATION AT YOUR OWN RISK.
**Remove Your Emotions
**Don't Chase
**Think Double Check And Check Again Before You Enter A Play!!!
GOOD LUCK TRADING!
BTC...Here We Go Again!This is getting fun I'm getting better... headed to $57876 area. All the lines are points on the Fibs so just follow them up... after 60k we will chart out our $90K mission.
THIS IS NOT FINANCIAL ADVICE! THIS INFORMATION IS FOR EDUCATION USE ONLY! PLEASE DO YOUR OWN RESEARCH BEFORE INVESTING IN ANYTHING! GOOD LUCK TRADING...
Predict What's Next... My Guess?🤔💭🚀My guess is after a little consolidation in the triangle BTC will drop back to about 55500 for the least and at the worse 50000 from here. Then if you scroll up the chart you will see all the key stops from here up to 60K. I'm not gonna get into all the numbers just look at the chart.... its late! Good Night I will see my Risk Takers in the AM!
What a better day to talk about $HUT. Lets hike these BTC coins out the roof so we can get into some of these crypto stocks! So we had a gap from a few weeks back when the market dipped. Well we filled the gap and now have opportunity on the upside. We are definitely bullish here alone on the side of crypto, which could only mean good things for $HUT. According to the Fibs this stock should have a break to the 1.618. Pay attention to the direction of BTC and follow the leader. Mining stocks will 50x-100x when BTC 10x's (roughly). Also my advice to you is to get familiar with crypto stocks and companies investing in them they are all about to explode!
THIS IS NOT FINANCIAL ADVICE! THIS INFORMATION IS FOR EDUCATIONAL AND ENTERNTAINMENT PURPOSES ONLY!
Bitcoin Road Map to 1 MillionBitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software. :ch. 1
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services, but the real-world value of the coins is extremely volatile. Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity (and thus carbon footprint) used by mining, price volatility, and thefts from exchanges. Some economists and commentators have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.
The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.
Our BTC recap from early 2018...Bitcoin early 2018 - $8,460 P/C - See image below of prior analysis over 3 years ago:
ibb.co
After many years of btc demanding all of the attention from many investment sources, it is now becoming a legalised form of legal tender in many countries now.
With still a relatively short supply of 18,660,000 B, it is possible to correct ate some studies leading the price to over $100k per coin over the coming years.