BTCUSDIDX trade ideas
If you think Bitcoin is a decentralized currency read this..!The more I study the repetitive patterns in bitcoin, the more I become confident that these price patterns are unusual.
If you look at the percentage you see small numbers but if you look at the money equivalent these numbers are so big that could not be the result of someone's tweets.
Another interesting pattern timing!
Since bitcoin is tradable 24/7 it must have a smoother price pattern than stocks.
1- in 3 out of 4 major drops in the past 3 months, you see a triple-star Doji just before or at the beginning of the crashes!
2- in 3 out of 4 major drops in the past 3 months, you see crashes started at 5 o'clock ( 2 at 5 p.m, one at 5 a.m). (This will be different for the time zone you are living in)
3- in all major crashes, it happened in a 3-4 hours time frame.
This kind of behavior is not usual in a highly decentralized stable asset..!
The biggest winners are always those who notice the changes in the early stages..!
BTC Short squeeze possible? Btc looks enormously bearish, as this could be another leg down it could also be a giant bear trap liquidation hunt to the upside. Alerts set, stay chill today folks :)
Any time the RSI has been @ this level on the BTCUSDSHORTS chart we have had a large move to the upside. Will the trend break? The trend is your friend until the end.
Back test it yourself.
6/7 BTCUSDSHORTS BITFINEXAmount of BTC shorted on BITFINEX up ~440% over the weekend..
Cause for concern..?
BTCUSDT shorts positionOn btcusdt shorts chart there is 19% spike spoted get ready for hug drop again 😎
Thanks me later
Huge spike in BTCUSD SHORTS!There's a huge spike in BTC/USD Shorts exceeding 200% on the daily and can be seen clearly on the 4H chart. This is a very strong indication of a coming dump in BTC/USD chart that could be triggered in a better of few hours or a matter of three days max.
What one could do in such scenario is:
1) Place tight SL for Alts
2) Place bids for BTC
Bitcoin War of June, which way will it go?It's been an absolute war between the bulls and bears. Bulls steamrolled the bears earlier to across 37.5k but the bears keep relentlessly pushing it down. My take? 60-40 the bears win by the end of this week, most likely in the next few days. -- not fin advice.
A review on my Bitcoin, Gold, and Oil analysis!I believe it is good to review how functional our analysis is.
I want to share the multi-timeframe analysis I published last week for my Patrons/private subscribers, and let you judge the accuracy of the contents!
BITMEX:XBT
bitcoin may see 40k once again!
OANDA:XAUUSD
TVC:USOIL
Some People think I publish my post to bait people to subscribe to my services!
I challenge them to publish their own analysis and next week we will review whose work has a higher rate of accuracy!
Bullish Cup & Handle | BTCUSDSHORTS on BitfinexIt's an hourly chart so read what you will into it but THAT'S a freaking CUP my dudes (and dudettes). Not financial advice here but DYOR.
MASSIVE HEAD AND SHOULDERS PATTERN ON BTC, BTC TO 20KRead the graph, I believe that BTC will correct to 20k then continue a massive bull run to 100k by end of the year.
BTC long to 43kNice running flat structure complete. Higher lower which retraced 78% should see BTC push higher over the weekend.
btcusdtUpdate .This is my personal view of this currency - also the market has high risks. If you do not know anything about these risks, I do not advise you to enter or exit any deals - and you bear responsibility for that -
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btc Bullish Trend is not overWe expect a 5-wave, of course, after the end of the correction.
The main question is, is the correction in a zigzag pattern finished at point C or will we have a correction in a triangle?
What is clear is that Bitcoin will move towards targets above 70,000 by breaking the 49,000-50,000 area and its downtrend line.
