D-XBT
I'd like trend to continue, wouldn't you?Today I touch on the long term and short term conflictions with bitcoin, I also tag up on link as well.
LONG AND SHORT POSITIONS DEFINED!Today I go over the defining aspects of trend, and potential mean reversion.
Bitcoin at Resistance. Potential Cycle HighWe shifted into a bearish bias with the failure of the 200 EMA's. They are starting to curl down. In the last video, I explained that I expected us to test the $8k area near the 200 EMA and thats where we stand. I took a long at the last cycle but I took profit over the holidays due to stagnant nature on unpredictability of low volume trading.
We are right near a range high with the 100/200 EMA cross in our face. This is an area I want to short into the cycle low that will be due in mid February. I'm looking for the high to occur before Jan 15th. It is possible that we have the cycle already at the range high but I don't have a trade just yet.
To go bullish, bitcoin needs to prove itself so if we can get above the that 200 EMA and continue to trend into late January, I will end up stopped out of that trade. A higher high past mid January sets up a right translated bullish cycle and I would shift from bearish bias to neutral/bullish. I'd rather see us go bullish but still lots of work to do here.
LONG TERM BULLISH TREND IMPLIED, WITH WAYS TO ENTER INSIDE!Watch the video. Do it. It's good for you
ETHUSD - Bull Flag Video w/ Special Guest :)In this video I unpack the bull flag pattern that is forming while trying not to lose my voice :)
ETHUSD - Fresh Outlook - Strong Like BullIn this video I recap all of the major price action patterns that have appeared over the past month and then lay out what I think is the highest probability path going forward.
BTCUSD - Fresh Outlook - The Bullish Signals are Adding UpIn this video I touch on a number of candlestick patterns that have formed on the Weekly, Daily and Hourly candlestick charts. I also point out the *big one*, which is an "inside-bar pin bar fakeout" pattern.
THIS COULD BE THE BREAKOUT FOR BTC! There's a lot of resistance, but there are macro level signals implying upward trend! keep an eye out.
A quick scalp to the upside appears viableToday we set a nice target for a swing low position! Happy holidays everyone.
XBT 2-Hour algorithm Bullrun to 20K backtest video.If you would like to see how the XBT 2-hour Golden Algorithm performed in the bull run to 20k BTC then have a watch of this video.
If you want access to the algorithm go to bikinibotcrypto.com
REVERSAL PIVOT WAS ONLY 3 DOLLARS OFF! Today I go over how the bounce pivot was so effective and the next steps you should take for identifying trend.
EASILY DEFINED SUPPORT FOR BITCOIN! Great profit ratio today and a counter position should it fail. Have fun!
