Volatility is higher then in previous cycle. That means what BTC did in two steps (runs) before, now did in the big one. Bigger run means a bigger correction. As you can see we are now under lowest orange line. So we need to get back into the zone and than we can see another big run. We need also to get above 21 MA daily and 0,618 Fibonacci retracement to start a...
Hi, I would like to share My positioning on this BTC Price Action. First of All, Congrats to everyone that manage to buy and accumulate on the safe zone(7500-7800) as described in the previous BTC chart. For Everyone that want this to explode, yes, it will. But after another last accumulation. You can look how we still playing on the first fractal chart ,...
The Chinese Crypto Narrative We know it’s been a little quiet around here, but that’s only appearances. Let’s dive into the biggest news that’s fit to print in recent weeks – the Chinese crypto boom. A couple of weeks back, Chinese President Xi Jinping declared that blockchain is so vital to the next phase of Chinese economic growth that the country will...
What is the Wyckoff Method? The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff Method was originally...
long term swing oppertunity i'm open for (negative) feedback!
Good evening ladies and gents. I have spotted Weekly Hidden Bullish Divergence on the MacD as well as RSI Bullish Convergence. These are both starting to round out. I am aware that many people are looking for a measured move down to around the 6800-7400 area, but that may not happen. Still could of course, but looking at the larger time frames, it's looking less...
Before anything, I should tell that I will not take a position before trends break. As shown in the chart, we have two-channel, first the long channel that Gold is on the bottom of it and it's an up-trend; and second is the swing channel that is down-trend. So I recommended to don't take a position if you are swing or long trader, OR if you are a risky man,...
I like this set up for multiple reasons. My confluences are : Bearish structure has been broken 62% on Monthly fib 70% on weekly fib Red box = Mitigation zone on smaller time frame. Discounted price for a buy Accumulation Above price currently there are more areas of liquidity and imbalance to feel which grows my confidence in believing this to be a high...
We had a minor 5th wave so the expected retracement followed... Are you ready for the next leg higher? Everything goes according plan. But the bulls have a lot of things to do... The trading Up 28% since my last update which, marked the absolute bottom. Breakthrough that rising channel Movering towards 223 sats I believe that there is still more upside...
Hi, I would like to share My positioning on this BTC Price Action. First of All I would say that I'm glad with Everyone that was trading with the signal and even kept the 10800 Short. Congrats! Now for the next Months BTC will do a little of sideways on this range that opens from 7500 to 8900, before another shaking movement. If any of this points break, would be...
Cryptomaniacs crew! Like a wearying prizefighter, BTC is doggedly remaining in the ring despite appearances of fading energy. Bitcoin, along with the rest of the cryptocurrency market, is currently amidst an unmitigated period of indecision. Then again, you cant really complain about $10K BTC. Especially when global buyers have repeatedly stood their ground to...
Hello everyone, Here's a small explanation about why I'm giving insight into my trades. Crypto is all about trust and transparancy and that is what I'd like to bring. Don't expect me to tell you how much crypto I actually own because that's none of your business. But I will tell you how big my position will be in regard to my trading portfolio. Secondly, and...
No TA on this one, just having some fun and testing potential scenarios for bitcoin if the halving works out positively. IF we drop further this year and remain in the bearish channel downwards, we could enter a 2nd cycle bear market which could inch the above towards becoming reality. Target here is $4500, the perfect accumulation zone. This scenario is far...
I only have one thing to say BUY NOW Great news will explain the reason for the discharge. But I'd rather believe in FRACTAIS. They are simply identical in smaller proportions. The Nature of the Fractals speak for them. GOD and its PERFECTIONS GM IBS
Wave 4 completed MOON SOON! I have nothing to say!
FOREXCOM:XAGUSD B :above $18 target $20/$22/$24 SL :$16 5-year Long breakout
The long awaited move by ALGO has begun, breaking the long resistance in stoch RSI on the 6 and 12 hour charts. It's made the biggest move since Aug 14 and all other signs are positive too. I believe it has completed its first small wave with it currently in a small downtrend. I am expecting it to rise to the peak RSI on the 6 hr chart in the short term. As per...