If and only if , BTC < $ 15600 ----> Bearish (Stop loss 50% (50% hold))
last night: U.S. official says Russian missiles hit Poland, killing two! Best and Worst Investment Options: Best investments: 1- Bitcoin 2- gold Worst Investments: 1-stocks 2- banks (Worst Places to Put Your Money Right Now) Technical Section: 1- If BTC > $ 15600 ---> Long , target = $ 21800 to $ 25000 2- If BTC < $ 15600 (20% stop loss, 80% hold) ---->...
This chart should be enough for now (Entry & Stop loss)!
Bitcoin in the short-term, Chart is self explanatory.
What might this be (bear flag) ? It is not yet clear!
As shown on this chart, there are many traders, competing against one another. as you know, this game can't last forever, so, As calculated by Wyckoff's point and figure: Target = $ 0.1779
As you know, the Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, 78.6% and 85.4%. As shown on this chart, in a lot of ways, wave b depends on wave a, Fib 85.4% -$ 0.0205 , the actual price at wave b was $ 0.021, quite close indeed. & (Fib 85.4% to Fib 23.6 to Fib 78.6 to Fib 38.2 , trying to disguise what they are doing)! as a result: The Game is...
Graphic of mass psychology: Motive (Numbered) phase, Corrective (lettered) phase, Volume Analysis (BINANCE-USDT): The bifurcation between volume & price (Sep, 9.5 Million BTC, evidence is accumulating!)
(JUL 20 2022) Tesla has dumped 75% of its bitcoin holdings (BTC = $ 25k - 30k), I have been a strong believer that elon musk was aware of the importance of $ 69k (top), Paradox! Paradox Psychology: The Composite Man attracts the public to buy (or sell) a coin in which he has already accumulated. Composite man may display huge volume (or ...) to drive the...
As shown on this chart, lesser degree: is a combination of a zigzag and a flat ( 2 sub-waves ,3-3 structure), As you know, corrective waves typically consist of 3 sub-waves (5-3-5 or 3-3-5). So, what might this be? Possibility of inverted flat Looking at it from a different angle (alternative wave count)
As shown on this chart (consists of three distinct sections), 1-Impulsive decline = supply > demand, 2-Impulsive rally = demand > supply, 3- Sideways appearance = supply and demand are nearly equal. What to expect next? At this point, low volatility and low volume indicate a drying up of selling pressure. Target Point and Figure Configuration:
As trading unfolds in front of you (Wave 3), you can make money (that’s a pretty good move if you can catch it).
Bitcoin in the short-term, Chart is self explanatory. BTC > $ 19950 ---> Long, BTC < $ 19950 ----> Stop loss 20% (80% hold) ----> 20% buying opportunity
What are you waiting for? What can you be thinking about (at a time like this)?
Winner winner chicken dinner! Target-1=$ 22800, Target-2= $ 25300