DealerBTC

DealerBTC

The price is currently showing signs of topping off. If bulls fail to hold the support of the 9304-9279 region, they will lose the battle and a dump to 9021 would be on the cards. I believe it is possible for the price to bounce near 10:30 utc and put in a top near 13:30 utc near 9544. However, it is necessary for them to keep the price above 9279-9304, or else...

DealerBTC

Quick update to my previous idea. The price did break up as I had excepted. I believe that 9279-9304 will act as a support zone for today. I believe the price is headed to 9544 next. Invalidation: break below 9279-9304 zone. I also believe that short trades should not be taken until after the next daily open, so bears should go into hiding for today. (UTC...

DealerBTC

The price has broken our of the recent pivot high gan Fann resistance. Currently, the price is trying to push above the red 2/1 from the pivot low. If the price makes it above 9021, it will more likely than not wick and chop, holding the red 2/1 as support while moving upwards. A move above the red 2/1 resistance is significant because it shows that the bulls...

DealerBTC

Moment of truth. Is this another move above the 8/1 from the pivot high, reject, and dump? If not it's headed to 9000. I believe it is more likely to dump. The last time it moved above the 8/1 Gann Fan line of the pivot high of that time, the price dumped. The price is currently above the 8/1 Gann Fan line drawn from the recent time and it is likely to...

DealerBTC

Quick lower t.f update. I believe the next play will be: 1. A move from near 8416 down to near 8260 2. A move from near 8260 up to near 8490 3. A dump from near 8490 to near 8000 I just note that the move 1. Up to 8416 may not happen as the price currently appears to be very weak. Before the dump at #3, there may be a sideways move from some time, followed by a...

DealerBTC

TRADERS BE WARNED: The chop has begun and will continue until at least February 1st. The price is unlikely to break below 8000. This is not a zone in which to enter swing trades.This is a zone only for QUICK LOWER T.F (1-5MIN) SCALP TRADES. The only short trades that are relatively safe are the ones that have already been entered above 8458. Whenever the price is...

DealerBTC Updated 

Bitcoin has entered bear mode, which I expect to last until at least February 1st. The current correction will likely go down to 8000. A bounce is not likely until 16:00 utc today. Until 07:00 it may chop and grind a bit, maybe even a stop hunt pop. However, between 07:00 and 16:00 utc I expect bearishness. 8000 is very likely to get hit today. Long trades should...

DealerBTC Updated 

The best short will come after the next daily open. Do not enter a short below 8700 Longing RIGHT NOW = HEAVY RISK: break of 8524 = 8334 My bias: topside for longs is CURRENTLY limited to 8765. Look for a short entry after daily open. I am currently flat. Best short entry would be confluence from t.a near 8765 or 8912 Time changes everything. Please understand this.

DealerBTC

Although the price did pump above the 8/1, the fractal has been playing out relatively well. This is an update to a previous idea. Always keeping watch.

DealerBTC Updated 

I love the Gann Fan. I wish more people took time to understand what a genius tool it is. Why does everyone want to short when the price is going up? Well, let’s get to it. By identifying the 8458 point which was hit on Jan 7th, I was able to calculate the previous support level 7242 by diving 8458 by 1.168. By using the pivot low of 6850 and multiplying it by...

DealerBTC Updated 

The bears = No show. The blue 1/1 has also held as support. This is more or less the bottom. The next leg up, in my opinion is towards 9100. S/R labelled on the chart. Please keep in mind that I am a 1-30min lower t.f scalper. I do not swing trade, so my bias can shift rather quickly. Learn t.a, love. t.a, and do your own t.a.

DealerBTC Updated 

Quick short scalp here on lower t.f. Could go deep to 8100's or bounce before that. Either way, manage your trade. Resistance: 8690 Support: 8640, 8600, 8140, 8064 Personal bias: I believe a break below the blue 1/1 would surprise many people and throw the market into controversy, which would mean the price hits the 8100's. Please manage your risk and do your...

DealerBTC Updated 

GOOD TIME TO LONG NOW. HOLD UNTIL MONDAY AFTERNOON. DO NOT SHORT UNTIL AT LEAST MONDAY AFTERNOON. THIS IS A LONG PLAY. Support: 9028, 9000, Resistance: 9100, 9200, 9350, 9400, 9489, 9608, 9641, 9735, 9809 YESTERDAY: DIDN'T I TELL YOU VERY CLEARLY VERY VERY VERY CLEARLY NOT TO SHORT? I'M TELLING YOU AGAIN, DO NOT SHORT UNLESS YOU WANT TO LOSE YOUR BALLS....

DealerBTC

UPDATE: DO NOT SHORT TODAY. BEARS HAVE ABSOLUTELY NO CHANCE. 0 CHANCE. JUST A FRIENDLY REMINDER. BEARS HAVE ABSOLUTELY 100% NO CHANCE OF SUCCESS TODAY. A RICH HOT BEAUTIFUL EXCHANGE WHALE TOLD ME. THAT'S ALL SHE SAID I CAN SAY. LONGS ARE SAFE UNTIL AT LEAST 4:00 TOMORROW (SUNDAY). THE SAFEST TIME TO OPEN A LONG WILL BE AFTER 22:00 TOMORROW (SUNDAY). UTC...

DealerBTC

WEEKEND REPORT for lower + higher t.f Saturday - Sunday night. All higher time frames are BULLISH for me. The lower t.f's are BEARISH, however, I believe the bears will not get lucky but get trapped because the bullishness of the higher t.f's will reduce the effects of the lower t.f's bearishness. The best time to look for a long entry is tomorrow after or...

DealerBTC

Pop up to 9100 likely. Not a long play. Warning to bears s/top in profit.

DealerBTC Updated 

After a correction, which I believe will be complete by Saturday night, I believe Bitcoin will be heading up. I believe there is a possibility for these S/R's taken from the move up on December 18, 2019 to play out. I'm not expecting the same bar pattern, but I am expecting the same S/R's to hold accordingly. Personal bias: I believe the price will likely find...

DealerBTC Updated 

Short trade until Saturday night. 12:00 today is the safest entry. Danger for bears will pass after 21:00 today Hard support: 8650, 8250