Well all you bulls might just hate me for saying this but the chart patterns, my technical analysis,indicators/signals,confirmations from my “M.E.L.T.S STRATEGY “ is telling me that we are not done going down using the daily chart, the RSI is a little over sold but at 30 it could be used as momentum when we have not 1 pattern to breakdown but 2 together , a large...
still in a bearish bias but looking to go long if candle closes above s.triangle or will stay short if candle closes below s. triangle, im using a new strategy that i have worked very hard in building "M.E.T.S" (Moody Elder Tory Strategy) im using 3-4 indicators/scripts each by (Chris moody) (Alexander Elder) and (Tory) indicators like (macd) (rsi) (atr) (psar)...
or breakdowns, my bias is still BULLISH after this huge dump we just had of almost 10k in one daily candle. it never broke the linear regression chanel nor any closes over or under the s.triangles of support/resistance. anyway just a simple two patterns for any newbies to look at and follow.
I’m looking to put in a long after a bullish break and candle close above (resistance) of the symmetrical triangle on the (1H) time frame, if it breaks and closes above 62,500.00 then I’m looking to put in a long position, put my stop loss below the support 61,700.00 aprox (1 ATR) below , we’re looking for price to hit target of highs 65k but we have 2 resistance...
THIS IS 4TH OF CONSOLIDATION , THE BULLS AND BEARS PLAYING TUG O WAR, MY CHART/NEW STRATEGY, INDICATORS, SIGNALS AND BASIC TECHNICAL ANALYSIS , tells me this is huge double top, the ATR is at its lowest low and 4 days of consolidation meaning a huge breakout is coming, my indicator by (CM) tops/bottoms signing a top yesterday, I was givin the green light to go...
LOOKS LIKE AND THE (9) MAIN INDICATORS I USE THAT ARE THE MEAT OF THIS NEW STRATEGY “ THE ELDERLY DR. MOODY’S TRADING REMEDY FOR (BTC) TRADING” SEE NUMBER #1-#9 and there are 16 MORE SCRIPTS/INDICATORS/ALARMS AND STRATEGYS in my hybrid conflux complete trading strategy for bitcoin , I have used the very best indicators from some of the very best in trading,...
I have been talking about a double top forming for 3 days saying we are going back down to retest 50K , the bears are going to correct the market the next 2 days as I see a big move coming with my new strategy , if u want to know more about my newest strategy “ THE ELDERLY DR. MOODY’S (BTC) TRADING REMEDY” now go to my last 2 posts to see why I named it this?...
On the DAILY, as I stated in my last post we have a huge bearish DOUBLE TOP) pretty much formed all the way now with only the right side to come down and break neckline, I believe we may be going down to restest 50K as all my indicators on my new strategy have all gone red, all reversing from the green we have had for last 20 days of daily candles, the bears are...
Hey guys do u see the perfect double top set up forming on the (DAILY) time frame ? could not look any perfect going into major resistance bitcoins high and above that the (BTC) ATH all time high, we are getting in over bought aswell on the RSI with reading 60+ and watching for a doji or a (HL) higher low to tell us that the bears are losing steam, the...
SURE LOOKS TO ME THAT WE WILL PUSH UP MAYBE ANOTHER 1K MOVE THEN WE ARE GOING BACK DOWN FOR A NICE REST 10K UNDER PRICE, im a very bullish bitcoin max but this daily is looking like a huge bearish double top, tell me what u guys think? ARE WE GOING BACK DOWN TO RESTEST 50K?
I EXPECT US TO CONSOLIDATE LITTLE MORE BEFORE HEADED BACK DOWN TO BOTTOM OF CHANNEL WHERE WE HAVE MANY DYNAMIC MOVING AVERAGES, and i expect us to again bounce off that bottom trend line channel because we are in a uptrend channel on the 1H time frame, if we look to the 4H we are in a downtrend, i have marked all major resistance and support levels, once you know...
LOOKS LIKE THE BULLS HAVE TAKEN CONTROL AGAIN after a long game of tug o war, This is my newest trading strategy for bitcoin, i even gave my chart a patriotic look. see my last post for details,
BATTLING IT OUT TONIGHT, THIS IS MY NEW "PATRIOTIC ELDER BULL/BEAR STRATEGY" WITH SOME TWEAKS IN SETTINGS LIKE USING A 15-EMA ,ALSO USING MACD,RSI,VWAP,PSAR,SUPERTREND SIGNAL,BREAKOUT AND VOLUME SPIKE SIGNALS , CHIS MOODYS EMA TREND BAR INDICATOR WITH EMA/MA ,MACD,RSI,VWAP CROSSES,THIS STRATEGY IS GETTING 70+ WIN RATIO WITH SET OF VERY STRICT RULES IN MY OWN...
(1H) time frame, target is length of pole comming in $57800.00, stop loss 1 ATR under the pennant under the 21-EMA , u are welcome guys!
BREAKOUT OR BREAKDOWN? we see 2 patterns here, a (double top ) and a (s.triangle) bitcoin has to make a decision fast! Check out my last post ,
EITHER WAY LOOKS LIKE 2 🐻 PATTERNS, we have some major resistance above and some EMA’S dynamic resistance below, we are in between a linear channel with bias to the top half and this channel has not been broke in months, we have had a few bullish days the past 2 days and a lot of bearish but the trend channel is bullish and we are moving up ⬆️ at a pretty fast...
like it has a major resistance above, so looks like a small consolidation and time for a small short until bitcoin tests this level again and once it breaks through it looks pretty bullish after 2 bullish days.
where are we headed from here? my thought is it will not break next resistance or candle close over, so i will wait until a white candle closes below next resistance and take a nice short