Yes, the market has witnessed a pull back when we look at most of the top-10. So why has bitcoin not pulled back? All I know is what I am looking for as a trading opportunity long.
The market had a solid step forward yesterday with some very big moves. Today I sit back and wait for the pull back which is in progress. The next 3 hours may offer me what I am after.
I have been waiting a very long time for this clear higher low and strong trend reversal. Now I have it I can say with conviction that I am a bitcoin bull. I know exactly what I am looking for to be bullish and to see a strong trend reversal, I now have that and explain it in this video.
There isn't always a trade present when a trend changes. On the odd occasion this is what I look for
In this video I take you through what has been happening to the top-10 paired with BTC. It is very clear that when BTC falls the ALT market gets even more beaten. Consider this when you work out what you're trading for!
The text alert I put out yesterday delivered a cradle trade. For those of you that know what this is you may have made your own decision to trade this. I wanted to follow up with how I am managing this position.
A little bit of bad news may turn out to be a little bit of good news for those using the cradle strategy. Not ready yet but I am watching!
Yes we have had another hack and yes the market has come off. What does it mean? Well lets have a look at the charts and see what we have ahead and how the market has reacted so far
As it stands we are holding above 6500. We are still in a daily and weekly down trend and this move looks to be pulling back into the cradle as it has done many times before. Markets are feeling out where to from here. I am staying focused on my strategies and waiting for the best trends to emerge. Buying came in hard and fast over 2 x 15 minute candles. What we...
We saw some small periods of big buying in the last 24 hours. What will happen next? Time will tell. Just stay focused on your own plan and don't let emotion in
The main point in this video is to not trade based on what you think and more trade what you see. What you may want and what may happen might be two different things so be safe out there!
If you have no idea how to short or trade then look away now. If you do know what to do then get ready because if this level breaks we will have opportunities. I will be looking for "Bitcoin Breakout" " Crypto Cradel" and "Fibonacci Booster" strategies if it goes.
Currently stalking cradle trades and fibonacci booster trades on the mid time frames here
I wanted to share with you my plan for bitcoin trading today as well as introduce you properly to my cradle zone. It is a equilibrium point I trade from and it works on any time frame.
As the market falls hard it will leave many questioning their investments and the future of the market. For me and my subscribers and course members we are looking for short trades via the "Fibonacci Boost" strategy. I am also currently happy with a hedge from way back. If you know what you're doing then get stuck into these trends, if not then best you get...
With bitcoin acting a little boring it may be a weekend of sitting out. I will scan the BTC pairs and see if anything is around but as for bitcoin, unless it can break the range I discuss in this video I will be sitting out
A lovely candle in the cradle buy zone right here on the daily. Looks good against BTC as well so both worth considering. Lets see if we close like we are looking now and get a break up of the daily
An 8 hour small bullish candle closing in the cradle zone here would have me interested to trade long. Plenty of good trends right now on my BTC pair watch list. The candle needs to close small and bullish then break the high before I would consider being long.