OnlyProfits888

OnlyProfits888 Updated  Mar 3, 2023

We've got RSI hidden bullish divergence on the 1 hour, which typically means a pump and dump coming. I think price could move up from this area so I am entering a long scalp. However, this move could possibly be the buying climax setting up for a distribution pattern. The buying climax could also have already happened, so price could also move down from this area,...

OnlyProfits888 Mar 3, 2023

Based on the information provided on the chart, I believe bitcoin could be re-accumulating and getting ready to make a move up after the recent drop, which I believe was manipulation and a liquidity grab. Entering a long from this area.

OnlyProfits888 Mar 2, 2023

Looks like the pair may have found a bottom, and I am waiting to see if accumulation plays out. The Euro/London session make do a typical stop hunt rise and make a big move up. Unfortunately I entered a trade way to early without a stop loss, and now waiting in a large loss :( hopefully this plays out.

OnlyProfits888 Updated  Mar 2, 2023

Looks like BTCUSDT is working on a potential spring which would negate my previous idea as this being redistribution. Looking for a short scalp here until price falls into the demand zone.

OnlyProfits888 Updated  Mar 2, 2023

I have taken profits on my previous trade and I am shorting here for a quick scalp. If price finds support at 135.212 I will enter long and look to take profit at my targets. There is also potential for large spring, which would be another good opportunity to buy.

OnlyProfits888 Updated  Mar 2, 2023

Looks like redistribution with the weak rallies, surges into resistance and high volume/sharp sell offs. Overall I think this is happening in a larger reaccumulation pattern, so look out for a possible quick bounce up if prices breaks below $22,666.

OnlyProfits888 Mar 1, 2023

Short-term bullish. Looking for the pair to be overbought and break above upper resistance line, then I will be looking to enter short.