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Btcdom

Dominance StrengtheningDom is looking like there is strength after this initial impulse move that was seen when BTCUSD took its push off the 6300isk level. BTCUSD in my opinion is going to go for another leg up and push the dominance up to 80% as previously speculated by many analysts. If thats the case we will short ALTBTC pairs on the way down and make some money hedging on the way down while BTCUSD pumps. As of now the only trade I have taken is the EOSBTC short position. The longer Dominance stays above certain resistance levels after a impulse wave the better the chances are that it was not a fake out breakout but something that shifts momentum. We will see what happens. God Speed, Mr. Lucifer
CRYPTOCAP:BTC.D
by MrLucifer7
SHORT MATICBTCWe took advantage on the way up. Now lets have fun with this on the short side. If you followed the MATICBTC LONG trade you likely made 35% on your trade. I settled with 25%. Now I think its time for a nice retracement to take place. Its been a great December as far as volatility and swing trading goes. I will be making an update video here pretty soon. Just not sure if Im going to wait until tomorrow for the weekly market wrap up. God Speed Gents, Mr. Lucifer
MShort
by MrLucifer7
6
LONG BTCUSDEverything is looking good on the daily for a bounce from here. Now that being said I think it is important to note that I do not specialize in BTC price action so tread carefully. What does look to be a good trade at the moment are the long altbtc trades that I posted yesterday which should still be in play as I have indicated in the "BTCDOM SHORT" call that I would be moving my stop losses further down to compensate for anything that may happen while I was sleeping which did end up manifesting itself. Not to toot my own horn here but I have been calling this market as a play by play since the dump at 7432 BTCUSD both in BTC and ALT pairs. That being said it might be a good idea to go long ALTUSD pairs if you are looking at some potentially high risk high reward scenarios. I however will just ride some of my long shot long positions and wait for any hedging opportunities to the short side should they present themselves. Also it is a good idea to take a break after a series of winning trades secondary to the excitement brought on by them. They always say your worse week is the one that follows the best so I better take a small break after MATICBTC does its 35% pump in the coming hours/days. Will probably post up an update video since volatility has returned to the markets.... We can finally have fun again... MAYBE.. Also TNT market mapping worked out perfectly as a play by play... you're welcome. God Speed Gents, Mr. Lucifer.
COINBASE:BTCUSDLong
by MrLucifer7
SHORT BTCDOMAs I stated in my weekly market wrap up on Sunday it looks like there was an unnatural pump that was used to trap people in their long positions. If you watched the wrap up you would have anticipated this and gone short altusd pairs and profited BIGGLY as I did with ETCUSD short. Now however it looks like it might be time for ALTBTC pairs to get a little hop in their step. I dont usually go long on margin so Im going to let my physical long positions play themselves out and wait for another hedging opportunity should it present itself. That being said there is a really good but scary opportunity that is still a viable option for MATICBTC pair. Im still in it and will be adjusting my stop loss down a little further thus taking on more risk but I feel like this is one that is set for a massive bounce from the panic dump as indicated in the video below posted this morning. Looks like ZECUSD was a perfect trade as well. I made alot of money today so Im hoping alot of you guys did today as well. TNTBTC is however following the market mapping I plotted almost down to the tee. Everything is looking great!!! Now Im just going to wait for MATICBTC to play out and then Ill take a break so my ego doesnt get the better of me. God Speed Gents, Mr. Lucifer.
CRYPTOCAP:BTC.DShort
by MrLucifer7
Weekly Bitcoin Dominance (Oct 27) Big Crash is coming ? Careful!#BTC $BTC #XBT $XBT #DOM $DOM #BEAR #BEARISH Once again, we have a coincidence of timing in the price charts. It seems that we are really about to enter a really BIG BEARISH phase when : - BTC is likely to drop to 6000$ in Jan-01 2020 - BTC Dominance is also analyzed to peak 77% on Jan-01 2020 My analysis will be broken if BTC rises above 12500$ and BTC Dominance falls to 66%. We will have a completely different analysis However, when everything is about the same time, it's time for us to really worry Translate : tinyurl.com
CRYPTOCAP:BTC.D
by CryptoStation
Just in Case Strategy Ill add to my position at the top of the channel. Lets see what happens.. going to bed and placing my stop as indicated not risking more than 35$ to see if that plays out well. All the edges are there just need to watch the dominance chart start weak to it can end nice and strong or just keep pushing forward with all the momentum it has been having. With this strategy its not quite a martingale strategy because I already know at what point Im going to throw in the towel on this trade instead of endlessly adding to a losing position. After a certain point things become unclear which is what our stop loss is for. Granted this bounce will add more risk to the overall trade but with careful maneuvering it can be pulled off with a higher profit than previously suggested... Im willing to risk 35$ USD to find out. God Speed Self, Mr. Manbearpig
Short
by MrLucifer7
BTC Dominance (Prj.Y19.P2.E1).Ever so close to a reversalWe can observe the following: a) Falling Wedge b) On the DAILY, a BULLISH DIV. (indicated on the RSI with the black line) c) On the 4 HRLY, a BULLISH DIV. (indicated on the RSI with the black line) d) Support line indicated by the RED Section. Thoughts: BTC might do a move on the upside and hence people are flipping back to BTC as you can note many ALTs have recently done a good increase against BTC, some reaching or going beyond a known resistance. DAILY Chart Previous post
CRYPTOCAP:BTC.DLong
by ssari
5