DealerBTC

DealerBTC

I believe the move up just now was a major stop hunt before a move down. I believe if the price does not gain support above 8033 before the next daily open, and if the price dumps within the first 5 hours of the next daily open that the price is headed to a new low lower than 6400

DealerBTC Updated 

BIG WARNING: BITCOIN MAY BE F#####. THIS IS A WARNING TO EVERYONE WHO THINKS THE BOTTOM IS IN. IT MAY NOT BE IN. IF THE MARKET GETS ATTACKED WITH FUD, I BELIEVE THIS SCENARIO IS MORE LIKELY TO PLAY OUT. BE ON YOUR GUARDS. HERE IT IS: On the 4 hour, when the EMA 287 (white) and TEMA 1000 (red) cross, it is either a bullish or a bearish cross. Each time the price...

DealerBTC Updated 

QUICK LOWER T.F IDEA: 7811-7838 is a good short entry. Stop slightly above 7838 If the price breaks above 7838 resistance, short at 8000-8100. Longing now is not wise. Target: 7666. If that breaks 7445

DealerBTC

Dear loved ones, it is time to assume the role of the TURTLE. SLOW AND WISE. Why? The lower timeframe (1 minute) is very oversold at the moment. That means you should not be ENTERING a short right now because a pump could happen at any time. If not already short from 8400-8300, it is not safe to enter a short now. What do I believe? After observing today's price...

DealerBTC

My thoughts: I have closed my position. With this static price action, it's more of a gamble over which way the price is likely to go. There will be more value for my money on another trading day. It is not worth the risk at the moment - for me.

DealerBTC

TRENDLINE IS BREAKING = I FLIPPED SHORT FOR A QUICK SCALP. 8790-8650 TP

DealerBTC

ALL SHORTS SHOULD HAVE STOPS IN DEEP PROFIT. A LITTLE MORE SIDEWAYS, BUT WITH THE RISING SUPPORT, THE BULLS WILL MOST LIKELY POP THIS UP TO 8200 AND THEN HIGHER. SHORTS ARE IN DANGER NOW. SHORTS SHOULD NOT BE OPENED AT THIS LEVEL. A LONG IS A SAFER BET. Long stops slightly below 7840

DealerBTC

The Ace Pro Long indicator has called a LONG SCALP. SEE 1 MIN CHART BELOW:

DealerBTC

UPDATE TO my previous idea. I don't see anything bullish here. There is a very high chance this dumps at the coming daily open. I am waiting until after 23:00 of the current trading day (utc) to enter or not enter a trade. It is best to wait until 23:30 of the current trading day. In my opinion the dump is more likely to continue. Longs are at high risk of...

DealerBTC Updated 

We are in for a TREAT. Here is the short AND long play: 2 important times you need to know! Wait for a 30 min candle BODY close below 8250 That would be a short SCALP entry Stop ABOVE 8300 If a correction occurs, I believe it will occur around 16:00-18:00 and last until 20:00-22:00 Be quick to take profit and get out of the short trade Between 20:00-22:00 Bitcoin...

DealerBTC

Same play as before. Just been waiting: I thought there would be a short SCALP, but it appears WORSE. It APPEARS that bulls are not showing up. If more bears start to show up to the party, a surprise move down may be devastating to the bulls. Bears need to take it below 8250. A move below 7845 would most likely mean a top is in, resulting in choppy waters / move...

DealerBTC

I thought there would be a short SCALP, but it appears WORSE. It APPEARS that bulls are not showing up. If more bears start to show up to the party, a surprise move down may be devastating to the bulls. Bears need to take it below 8250. A move below 7845 would most likely mean a top is in, resulting in choppy waters / move back down…. A move below 8250 would...

DealerBTC

QUICK BEAR SHORT SCALP. SUPPORT: 8222 8161 8129 Resistance: 8400 BE SUPER CAREFUL IN SHORTS. BULLS WILL BE BACK

DealerBTC

Don’t you love my timing? My previous play is in action. The price has broken out of the Gann Fans preciously dream. This is extremely bullish price action and short positions should not be opened at the VERY LEAST until after 04:00 UTC. Didn’t I call it perfectly? Support: 8000 Resistance: 8222, 8300, 8450 ALL SHORTS OPENED BELOW 8100 are at serious risk of...

DealerBTC

ALTERNATE VIEW: CORRECTION NOW. PUMP AFTER 22:00 AND BULLISH UNTIL AT LEAST 04:00 UTC TOMORROW (JANUARY 8, 2020). If 22:00 (today) fails to give a reaction, 04:00 UTC tomorrow most likely will! Please read my previous idea posted below. Thanks RECAP OF PREVIOUS IDEA: I called the timing of the correction perfectly. 7700 is now acting as support. As it moves up...

DealerBTC

I called the timing of the correction perfectly. 7700 is now acting as support. As it moves up the fan from the pivot high, it will gain more bullishness. A spike above the red 2/1 will give it a lot of bullish momentum. Resistance: 7900, 8000, 8222, 8300, 8450 CAUTION: WATCH FOR A REJECTION NEAR THE 8/1 GANN FAN LINE DRAWN FROM THE PIVOT HIGH, WHICH IS NEAR...

DealerBTC

The bottoming pattern from 2019-2019 and the current bottoming is eerily similar. Here's how you can see a better view for yourself: Load 2 charts side by side or top and bottom view. Chart 1: December 18, 2019 08:00 (4 hour chart) Chart 2: December 20, 2018 04:00 (4 hour chart) My opinion: After February 15, 2020 all engines go, full speed ahead, go bulls, and...

DealerBTC

I believe that a move at 13:00 is likely. If a move occurs at that time, I believe it would be a correction. At around 22:00 to the early hours after daily open, I believe the price will regain bullish momentum. I do not believe it is wise to enter a short trade until late Thursday as shorters will most likely get stuck in a jam. I had said earlier that 7400...