Quick update - BTC-USD
BNBUSDT broke down for a few days. Bear flags are consolidating into support, major resistance for 1-4h time frame is 14.28, support is the 38.2% fib 4H timeframe:
Good evening, folks. A rare article by Roti has appeared! I honestly am not making these often these days, as I’ve got a lot of things going on. But from time to time I do post some updates over on the Discord so do check my status update on Tradingview for the link to that. I won’t repeat much of what was said in the video, but essentially we’re getting a...
BTCUSDT needs to hold the line between 8800 and 8725 to avoid a deeper correction to between 8430 and 8250. BTC is about to give up the 4h higher low and I'd be very cautious as a bull if it breaks 8430. Currently there are opportunities for bottom-fishing bull positions, as we're in oversold territory on the hourly timeframe. The daily timeframe shows us there...
Hey everyone, just checking in on BTC, BNB, and ETH against USDT on Binance. Binance is currently my favorite exchange because of those sweet BNB discounts on trading fees. BNBUSDT saw some price dilution after BTC’s sudden run-up, I think people fomo’d out of it and into the generic 3 (ETH, LTC, BTC, LTC to a lesser extend). We formed a double bottom near the...
Good morning everyone, here's a fresh update for you on BTCUSDT and BNBUSDT. To start off, here's a link to the most recent ideas: -- BTC-USDT As you can see above, we definitely broke down from the bottom of the support areas and fell pretty fast. My stops would have ben hit and I'd be in cash, looking for a bottom-fishing play of an oversold bounce. To...
Hey everyone and welcome to a little update on my BNBUSDT roadmap. Personally if this company (Binance) doesn't do anything incredibly stupid between now and the end of Q4 2018 I think BNB can reach a 30-60usd valuation if not more. I'm keeping my fingers crossed that this is going to be one of the fast followers to take off! Here's a link to the previous...
Hey all, Roti here. Alright guys, after all my efforts I am kicking myself for not sticking with my hunch a week back and buying up BNB to just sit on until it hit 13.45. Seriously, that was my target back then. The opportunity cost of not spending all that time on a mountain somewhere stings :/ Anyway, here's what we've got. I often find that this is a...
Here’s a quick look at what I’m seeing on BTCUSDT and BNBUSDT on Binance. We’re continuing to get sort of sideways overall bearish price action, not many patterns are breaking bullish in a predictable manner at the moment, so secure your profits and take losses early. We’re in oversold bounce territory, but be careful. Happy trading! Roti out. -- This has been...
I see cup and handle formations in BTCUSDT and BNBUSDT on Binance. The market seems to be swinging in between fiat and crypto, most pairs are too closely correlated with BTC to swing the bounces, but BNB is still great for quick flips. Here's the BNB chart: -- This has been for educational purposes only and is not intended as financial advice.
Hello everyone, today BTC is forming a flag on the 4h and it will either be a symmetrical triangle or an ascending triangle, we need more time for it to play out. In the video I describe ideal entries and stop losses, as well as how to set your own stops and trail them as needed. There are some key levels to break for the bears, one being 8088.4. Resistance for...
Yeah that's right, a bull crossed with Sasquatch. Hey I never do T.A. on Forex so clearly I can't be serious. I watched this ascending triangle form based on the fractals that built up support on a 50% retrace of the last spike. How often do these become head and shoulders patterns? Hmm. -- Not for financial advice.
Hey everyone, another daily short update on BTC. The market has been slowly downtrending with random pops in either direction of several hundred dollars/ USDT. Binance can't seem to handle even these spurts of activity that well, as the whole server freezes up. I can't imagine they'll fare well when the big money starts to return. Watch the video and see how the...
Another quiet weekend, folks. Even Bitcoin is relatively quieter today, slowly bear flagging/ stair stepping downward, no outright dumps today. Seems even the bots are sleeping. Are they dreaming of electric sheep? BTC is in a tight area, looks oversold but has room for more downside. I found an ugly leaning head and shoulders pattern on the 4H which appears to...
Hey everyone. The market's pretty quiet today. BTC had a nice pop of a few hundred dollars, other names recovered slightly. In this video I chat a bit about setting stops and entry points using the fractal system, with different time frames and the RSI in mind. BTC isn't out of the woods yet, it's not looking bullish enough for me to make a trade at these levels....
Good evening, everyone! Roti here, talking about magic random number generators again. BTC-USDT Binance | We appear to be repeating history with the left shoulder of another reverse head and shoulders pattern forming, most of the market right now appears to be trading bots talking to one another and freaking out every time a whale dives in. It’s eerie how...
Good evening, folks! Roti speaking. Today I’m seeing multiple stair-stepping bear flags on BTC running on bad news from Google. No more crypto ads? C’mon Big Brother, can’t you play nice? And during tax season, too. Rubbing salt in our wounds. Anyway, watch out for the bear flags. BTC is looking oversold but also weak, it may fall towards the low 6000s before...
Good evening everyone, in this video I talk about BTC, BNB, and ARDR. BTC is in a bearish zone right now, I would be expecting a break of this bear flag to the downside and a break of 8000 would not have much resistance to stop panic dump, which would be a killer buying opportunity. Even in today’s market, with the system I use there are reasons to stay glued to...