Here's that same trade management plan at work before the 2020 halving.
Bitcoin - Wyckoff Events and Phases - Accumulation Schematic This Wyckoff accumulation pattern seems to be playing out nicely. More information on this Wyckoff and this pattern here: school.stockcharts.com Let me know what you think of this pattern and if you tink it will play out. 👍
Possible move for CADCHF to go down to lay on the bottom line of the channel, drawn above in the idea post. The idea will be failed if it breaks above the resistance level.
Hey guys! In one day the price falls and pullback, It looks like we have WXY Correction. I made some pics of my expectations. If price rises 37700 - It is not Short. But for now, it looks like Short, because we are in Zig-Zag scheme. (W->X wave)
I think we will be going on range in few more days. This will be good time for alts to make gains until bitcoin give a clear view on where it will be heading.
Bitcoin is in correction giving a short term bearish signal. However, I am still holding on bitcoin going 6 digits.
*Not a financial advisor* We need 5 waves to validate the plan and then we'll set up the entry points to establish entry/exit price
I will be taking a short based off of the end of the impulse wave onto the fib expansion 2. If this occurs at 8am tomorrow I will have certainty this is a 5-0 harmonic and will short with confidence. I will play this to the 0.5 Retracement and then enter a long-the Retracement could hit 382 or 618 Retracement and still be a valid for a wave 2: a wave 3 impulse next
As we see in the chart BTC is playing exact same pattern since 2014. So i expect this bull run will end within January 03,2022. By this time BTC will hit around 320k. So don't panic for short term bear.
As you can see, there is a double overlap of the MA-7-25-99 in the time frame next week. This is a sure permanent trend announcement. 1st target: 174 2nd target: 336 3rd target: 821 From the historical point of view even more... ; )
this is an update for the last step its going to turn the MA is in a place to move forward
We are currently coiling up for a breakout. We do not have alot of volumes at the moment and will most probably happen in new york session only because that is where the volumes are coming from usually. targets Bigger picture with the previous breakout and price action: Trade setup: Note this is the 3rd bounce off the trendline so we could see a huge breakout...
#BTC Short: my expectation for BTC is Going down to the 32570 if break the 33195 level you can set the 33195 first TP
BTC is sitting on 61 percent fib. I think that means something.
Band USDT may be looking to rebound right now and this could be a good long opportunity Going with a tight stoploss just under the trend with potential for high returns on this one given the recent movement range of this coin. Entry 10.85 SL 9.8 will move up to 10.85 to break even if the price gets over 12 TP1 13.5 (50%) TP2 14.5 (25%) TP3 15 (25%) If...
#BTC Wicked into the demand zone where buyers entered and bought up quickly. Good RR here for some more upside risking 1R. Pleased Like Comment Share. Thanks for your support...