Hello Traders of all flavors! This Trade was taken yesterday, with a margin of 1,0:3,3 I was expecting prices to drop to the bottom of the wedge. I traced the stop loss into "green-pips" territory, and was extremely disappointed when price hit my stop. only 4,35% profit? That's not very much... I felt shitty about this trade, a lot of typical questions popped up...
Hello Friends! BitBotly with a trade signal here! We're in a short trade currently (and you can be too!) Entry: 0.33201 Stop Loss: 0.34186 As far as targets go, we are going to watch the markets closely the next few hours and close the trade manually when we're in a nice profit. We will probably close this trade once the price action is at the bottom...
Waaazaaaap Everyone? BitBotly here with an update on Ripple, our favorite shitcoin Just wanted to remind you that we got 7,5% profit from the trade yesterday! Now, let's check out the 1-hour timeframe As we can see, a large wedge is forming. There haven't really been any bounces as one expects in a wedge, but never the less it might be a wedge. We'll keep an...
Hey Y'all! BitBotly Here with some quick thoughts on the current state of ripple. As we can see, we have a bull flag and a falling wedge, both patterns are indicative of a breakout to the upside. The thing is, the bull flag has broken to the downside, which confuses the traditional point of view on bear flags. (they usually break to the upside) This could be a...
Hello Friends! BitBotly here with a simple analysis of the future for Ripple. But first, let's look back! As you can remember, our algorithm gave us a signal for a buy zone that we drew on the chart (18 aug 06.30) Since then price plummeted through all sorts of resistance without reacting causing many panic-sells, furthering the panic and drop in prices. We...
Hello Friends! You trading companion BitBotly here with a smoking-hot, never ever seen before, look behind the scenes! As you know, our algorithms provide free signals to all our beta-testers . During the last 24H, our algorithms has given our beta tester two signals. Let's check them out and try to interpret the algorithmic analysis! First and foremost, the...
Hello Traders! Welcome to a quick analysis of EURUSD 1H As we can see, a new pattern is emerging, before every breakout to the downside (last 3 times) we have seen a trend angle, that increases by 15° for every breakout. Right now, we're at 60°, the first was 30°, then 45°, and now 60°. So what can we expect? Probably another breakout to the downside and,...
Hello Friends! BitBotly here with an update regarding Bitcoin! We can see that prices broke to the upside temporarily and is currently inside of the resistance level once again. We can also see a new trend line being bounced against, creating an even smaller wedge. The breakout of this mini-wedge might be the trigger that makes prices break out of the bigger...
Bitcoin has broken out of the wedge with a massive bull candle, but the very same candle also has a huge wick to the upside, demonstrating the power of the resistance. I would not go long until a bounce occurs ABOVE the resistance line
Hello Friends! BitBotly here with a quick and dirty update for Bitcoin As we can see, Bitcoin respects our previous drawn trend line that is acting as resistance currently. Bitcoin is showing some signs of weakness, further strengthening the bear power or the selling pressure. Currently, Bitcoin seems indecisive, so this is the moment of truth for...
Hello friends! Bitbotly here with another analysis of Bitcoin, our favorite shit-coin As we can see, Bitcoin broke out of support and fell a lot. Bouncing against support we can see a lot of nervous hands that starts to show, and with a smaller range, the pressure is building up which will lead to an increase in volatility. What we expect to see now is another...
Hello Friends! BitBotly is back again, TradingView mods can't control these dope analyses! Kidding aside, I was putting links to my website in my ideas, which led to our account being suspended for 24 hrs. But now I'm back with a quickie on the current state of Ripple, our favorite shit-coin As we can see, Ripple is currently facing off with a strong,...