selby_exchange - Bitcoin BTCUSD - Selby Geometric ExtrapolationSelby Geometric Extrapolation Structure
BTCUSD
Feb - Jul 2021
With fibonacci extension levels for new ATH
Price/time forecast:
$51,244.71
07-01-2021
52% in 151 Days.
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Love
Elon Musk Saves Bitcoin ? BTC 70k-90k ? Pitchfork Says Yes !!!"The bitcoin price, after dipping under $30,000 per bitcoin earlier this year, suddenly leaped higher after Musk changed his Twitter bio to "#bitcoin" and posted: "In retrospect, it was inevitable."
twitter.com
Been following this pitch fork for literally years. Called the 20k target Sept. 2017, months before it happened. Now, lets see if it can work magic again !!!
first time I mentioned 20k target in chat - Sept. 21, 2017 - www.tradingview.com
using it to buy low $3ks - Mar 17, 2018 -
proof of targets before today - Jan 2, 2021 www.tradingview.com
Best of luck !
Love You All !
selby_exchange - Selby Margin Trading Rules 1.0 Selby Margin Trading Rules 1.0
1. Read these rules everyday without exception. Only begin margin trading after 30 minutes of reviewing all instruments and timeframes.
2. Charting: Midterm forecasting (months) charts built in 9,12hr and 1day. - Margin forecast charts built in 11,33min. using data from Heikin Ashi candle wicks. - Margin trade on 1min. follow the 3,6min. (use 2,3,4,5,6,9,11,15min. for in/out).
3. 3% RULE: Always close negative positions. Look for a retrace opportunity to exit but if trade falls below -3% for more then 30min set a stop loss limit order. This is the most important rule to prevent loss of time and a potential liquidation.
4. Enter limit order long/short and then set limit exit to take profit (TP) at the next short term Fibonacci level. Moving averages in higher timeframes 21,29,33,42,48,52,96min the 1-6,9,16hr and 1day will confirm market direction for successful trade.
5. "THINGS TO AVOID" Greed - Bragging - FOMO
6. "60/40 Split" to maximize margin profit, stay in fiat while awaiting confirmation of market direction (do not trade reversal chop washes; the 6,11min. must show a clear direction). Work as long as you like if you are in rhythm, but remember not every day is a trading day.
7. Think and chart 3-steps ahead, do not rush yourself into a position. Wait 11min at a minimum between entry/exit. Stay alert (Matcha tea) do not fall asleep. No trades 48hrs after (alcohol or drug use). "3-Strikes" If you have three bad trades during the workday stop for 24hrs.
8. (TP) TAKE PROFIT: Cash-out at the end of the day and pull 10% of daily net gains out of cyberspace. Always sleep in fiat (stable coin) without exception.
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Please Don't Sleep On Litecoin (LTC) 2021 Digital SilverLitecoin is possibly the most important alt-coin aside from Ethereum in my opinion and it is still a sleeping giant. Why do I say that? Simply because of longevity and trust. Developed in 2011, Litecoin is by far one of the oldest cryptocurrencies that has remained a top 10 cryptocurrency for over 95% if its lifespan and that won't change any time soon.
Do not underestimate the importance of time and trust in the market, especially in a market like cryptocurrency. I believe many people underestimate Litecoin's network effect of being the go to trusted alt-coin for an expansive source of liquidity, trust, and stability. Where Bitcoin goes Litecoin will most likely follow.
I say this because after Bitcoin and Ethereum, Litecoin tends to be the next crypto asset many accredited investors and institutional investors turn their eyes to. Why? Because of trust.
With that being said, Litecoin still has a lot of run up and room to grow. If you think Litecoin will not re-test or surpass it's all time highs you may want to re-consider that thought. Litecoin is the oldest "oscillator coin" that will grow and follow bitcoin’s price performance closely.
Currently trading at $155 it is still a great time to invest in Litecoin and be a whole coiner before a new price discovery phase commences this year. We have major resistance at around $172 but once we break past the 0.382 we can expect a run up to test the 0.5 on the Fibboancci Retracement putting us around $219 for the next target.
Happy investing and trading! Cheers!
Load Up Your Ethereum Bags 2021 Still Early To the Party.Ethereum has been slowly boiling on its course to re-test new all time highs and it is still a great time to invest in Ethereum.
Within the past week we have seen a solid support level of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the Fibonacci Retracement steadily hovering at $1050 and strongly supported. We have major resistance for Ethereum at around $1350 before we can start the charge on testing those all time high levels of around $1420.
If you believe in Ethereum this bull cycle then this is still a great time to accumulate and load up your Ethereum bags at these levels before we test new all time highs.
Bearish case scenario is alt-coins start dumping and we see Ethereum drop below $880 heading to the 0.618 on the Fibonacci Retracement putting us at around $750.
Bullish case scenario is that we continue to consolidate at these levels $980 - $1100 and start climbing towards new all time highs.
Cheers! Safe Trading and Investing.
Bitcoin New Massive Support Level Forming At $30,000I know there's probably a lot of sweaty hands after this 30% price drop in Bitcoin. Corrections like these are inevitable in the world of cryptocurrencies.
But rest assured that the trend is still alive. Corrections like these set new crucial support levels. Bitcoin has bounced through and off of the 1.618 on the Fibonacci sequence four times setting the foundation for a solid $30,000 support range.
For the long term spectrum we want to see higher lowers and of course higher highs. This correction has been quite revealing setting up for a new all time high support levels for Bitcoin.
Cheers, HODL your Bitcoin, and be safe!
TradingBeastOB// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org
// © tradingbeasts
// This experimental Indicator helps identifying instituational Order Blocks.
// Often these blocks signal the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
// Therefore these are interesting levels to place limit orders (Buy Orders for Bullish OB / Sell Orders for Bearish OB).
//
// A Bullish Order block is defined as the last down candle before a sequence of up candles. (Relevant price range "Open" to "Low" is marked) / Optionally full range "High" to "Low"
// A Bearish Order Block is defined as the last up candle before a sequence of down candles. (Relevant price range "Open" to "High" is marked) / Optionally full range "High" to "Low"
//
// In the settings the number of required sequential candles can be adjusted.
// Furthermore a %-threshold can be entered. It defines which %-change the sequential move needs to achieve in order to identify a relevant Order Block.
// Channels for the last Bullish/Bearish Block can be shown/hidden.
//
// In addition to the upper/lower limits of each Order Block, also the equlibrium (average value) is marked as this is an interesting area for price interaction.
//@version=4
study("BEAST OB Finder", overlay = true)
colors = input(title = "Color Scheme", defval="DARK", options= )
periods = input(5, "Relevant Periods to identify OB") // Required number of subsequent candles in the same direction to identify Order Block
threshold = input(0.0, "Min. Percent move to identify OB", step = 0.1) // Required minimum % move (from potential OB close to last subsequent candle to identify Order Block)
usewicks = input(false, "Use whole range for OB marking?" ) // Display High/Low range for each OB instead of Open/Low for Bullish / Open/High for Bearish
showbull = input(true, "Show latest Bullish Channel?") // Show Channel for latest Bullish OB?
showbear = input(true, "Show latest Bearish Channel?") // Show Channel for latest Bearish OB?
showdocu = input(true, "Show Label for documentation tooltip?") // Show Label which shows documentation as tooltip?
ob_period = periods + 1 // Identify location of relevant Order Block candle
absmove = ((abs(close - close ))/close ) * 100 // Calculate absolute percent move from potential OB to last candle of subsequent candles
relmove = absmove >= threshold // Identify "Relevant move" by comparing the absolute move to the threshold
// Color Scheme
bullcolor = colors == "DARK"? color.white : color.green
bearcolor = colors == "DARK"? color.blue : color.red
// Bullish Order Block Identification
bullishOB = close < open // Determine potential Bullish OB candle (red candle)
int upcandles = 0
for i = 1 to periods
upcandles := upcandles + (close > open ? 1 : 0) // Determine color of subsequent candles (must all be green to identify a valid Bearish OB)
OB_bull = bullishOB and (upcandles == (periods)) and relmove // Identification logic (red OB candle & subsequent green candles)
OB_bull_high = OB_bull? usewicks? high : open : na // Determine OB upper limit (Open or High depending on input)
OB_bull_low = OB_bull? low : na // Determine OB lower limit (Low)
OB_bull_avg = (OB_bull_high + OB_bull_low)/2 // Determine OB middle line
// Bearish Order Block Identification
bearishOB = close > open // Determine potential Bearish OB candle (green candle)
int downcandles = 0
for i = 1 to periods
downcandles := downcandles + (close < open ? 1 : 0) // Determine color of subsequent candles (must all be red to identify a valid Bearish OB)
OB_bear = bearishOB and (downcandles == (periods)) and relmove // Identification logic (green OB candle & subsequent green candles)
OB_bear_high = OB_bear? high : na // Determine OB upper limit (High)
OB_bear_low = OB_bear? usewicks? low : open : na // Determine OB lower limit (Open or Low depending on input)
OB_bear_avg = (OB_bear_low + OB_bear_high)/2 // Determine OB middle line
// Plotting
plotshape(OB_bull, title="Bullish OB", style = shape.triangleup, color = bullcolor, textcolor = bullcolor, size = size.tiny, location = location.belowbar, offset = -ob_period, text = "Bullish OB") // Bullish OB Indicator
bull1 = plot(OB_bull_high, title="Bullish OB open", style = plot.style_linebr, color = bullcolor, offset = -ob_period, linewidth = 3) // Bullish OB Upper Limit
bull2 = plot(OB_bull_low, title="Bullish OB low", style = plot.style_linebr, color = bullcolor, offset = -ob_period, linewidth = 3) // Bullish OB Lower Limit
fill(bull1, bull2, color=bullcolor, transp = 0, title = "Bullish OB fill") // Fill Bullish OB
plotshape(OB_bull_avg, title="Bullish OB Average", style = shape.cross, color = bullcolor, size = size.normal, location = location.absolute, offset = -ob_period) // Bullish OB Average
plotshape(OB_bear, title="Bearish OB", style = shape.triangledown, color = bearcolor, textcolor = bearcolor, size = size.tiny, location = location.abovebar, offset = -ob_period, text = "Bearish OB") // Bearish OB Indicator
bear1 = plot(OB_bear_low, title="Bearish OB open", style = plot.style_linebr, color = bearcolor, offset = -ob_period, linewidth = 3) // Bearish OB Lower Limit
bear2 = plot(OB_bear_high, title="Bearish OB high", style = plot.style_linebr, color = bearcolor, offset = -ob_period, linewidth = 3) // Bearish OB Upper Limit
fill(bear1, bear2, color=bearcolor, transp = 0, title = "Bearish OB fill") // Fill Bearish OB
plotshape(OB_bear_avg, title="Bearish OB Average", style = shape.cross, color = bearcolor, size = size.normal, location = location.absolute, offset = -ob_period) // Bullish OB Average
var line linebull1 = na // Bullish OB average
var line linebull2 = na // Bullish OB open
var line linebull3 = na // Bullish OB low
var line linebear1 = na // Bearish OB average
var line linebear2 = na // Bearish OB high
var line linebear3 = na // Bearish OB open
if OB_bull and showbull
line.delete(linebull1)
linebull1 := line.new(x1 = bar_index, y1 = OB_bull_avg, x2 = bar_index - 1, y2 = OB_bull_avg, extend = extend.left, color = bullcolor, style = line.style_solid, width = 1)
line.delete(linebull2)
linebull2 := line.new(x1 = bar_index, y1 = OB_bull_high, x2 = bar_index - 1, y2 = OB_bull_high, extend = extend.left, color = bullcolor, style = line.style_dashed, width = 1)
line.delete(linebull3)
linebull3 := line.new(x1 = bar_index, y1 = OB_bull_low, x2 = bar_index - 1, y2 = OB_bull_low, extend = extend.left, color = bullcolor, style = line.style_dashed, width = 1)
if OB_bear and showbear
line.delete(linebear1)
linebear1 := line.new(x1 = bar_index, y1 = OB_bear_avg, x2 = bar_index - 1, y2 = OB_bear_avg, extend = extend.left, color = bearcolor, style = line.style_solid, width = 1)
line.delete(linebear2)
linebear2 := line.new(x1 = bar_index, y1 = OB_bear_high, x2 = bar_index - 1, y2 = OB_bear_high, extend = extend.left, color = bearcolor, style = line.style_dashed, width = 1)
line.delete(linebear3)
linebear3 := line.new(x1 = bar_index, y1 = OB_bear_low, x2 = bar_index - 1, y2 = OB_bear_low, extend = extend.left, color = bearcolor, style = line.style_dashed, width = 1)
// === Label for Documentation/Tooltip ===
chper = time - time
chper := change(chper) > 0 ? chper : chper
// === Tooltip text ===
var vartooltip = "Indicator to help identifying instituational Order Blocks. Often these blocks signal the beginning of a strong move, but there is a high probability, that these prices will be revisited at a later point in time again and therefore are interesting levels to place limit orders. Bullish Order block is the last down candle before a sequence of up candles. Bearish Order Block is the last up candle before a sequence of down candles. In the settings the number of required sequential candles can be adjusted. Furthermore a %-threshold can be entered which the sequential move needs to achieve in order to validate a relevant Order Block. Channels for the last Bullish/Bearish Block can be shown/hidden."
// === Print Label ===
var label l_docu = na
label.delete(l_docu)
if showdocu
l_docu := label.new(x = time + chper * 35, y = close, text = "DOCU OB", color=color.gray, textcolor=color.white, style=label.style_label_center, xloc = xloc.bar_time, yloc=yloc.price, size=size.tiny, textalign = text.align_left, tooltip = vartooltip)
//plot(OB_bull ? 1.0 : OB_bear ? -1.0 : 0.0, "Output", transp=100)
selby_exchange - Bitcoin BTCUSD - Selby Geometric ExtrapolationSelby Geometric Extrapolation Structure
With fibonacci extension levels for new ATH
BTCUSD Nov 2020 - May 2021
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
It's time for LOVEPositive news coming for LOVE
i will be proud to buy the Love ( cannara biotech ) weed in quebec SQDC if it get there 💚 ;)