Trader_ph

Trader_ph Updated 

Hello fellow traders! Bitcoin just performed a breakout move of the Symmetric Triangle resistance, as described in the last BTC post. But don't get excited yet! We still need some confirmation to validate the breakout. Here are the requirements for an insure breakout: 1. The MA 75 resistance needs to be broken The 75-period Simple Moving Average as described in...

Trader_ph

Hello traders! Bitcoin has been a little silent lately. A symmetric triangle has formed in the intra-day chart. Of course, a breakout comes after consolidation. We have a breakout within the next 30 hours! But where will prices go? I will breakdown the analysis I made for Bitcoin. Let us see the key points: 1. Bitcoin has a possible Head and Shoulders...

Trader_ph

Hello Traders! Here I present to you a very important remark in ForEx GBPUSD history: the 5 year bear channel finally broke to the upside! Interesting... The double bottom of Pound/USD is finally confirmed! We can verify that with a breakout of the upper trendline, with a 75-month Simple Moving Average Restricting any movements below it. Now, where do prices...

Trader_ph

Hello traders! Bitcoin is in a crucial stage of the Bitcoin Cycle(read my post about it, link below). I will explain why, and how it will affect the prices of Bitcoin in the next coming days. If you are new to my TradingView account, The Bitcoin cycle interestingly calls a top every 53 3-hour candles, or 6 days and 15 hours. Every 53 periods, the chart forms a...

Trader_ph

Hello Traders! Bitcoin as of the moment is very volatile, so prices will go in any direction possible. So today, I present to you the 3 most likely scenarios for BTCUSD.(not in order of likeliness) 1. A Head And Shoulders Pattern is Forming An H&S pattern may be forming. If it happens, the Left shoulder and Head are already formed. The right shoulder is on the...

Trader_ph

Hello Traders! I present to you, a very interesting finding about Bitcoin... This is the Bitcoin Cycle. EXACTLY every 6 hours 16 days, Bitcoin makes a top. In the chart, this happened already FOUR times, validating this pattern.😮 Every bull rally almost gives us the same increase: about 20% every time from top to top! With this, Bitcoin will reach 51k in about...

Trader_ph

Hello Traders! Don't forget to support with a like and a follow. Bitcoin recently had a steep correction from $42k to $33k with heavy volume. But no need to panic, bulls. The trend is still intact. After shorting Bitcoin with tasty profits, here is why Bitcoin will recover. Bitcoin has tested strong 2 Supports today: The bullish trendline, and an "old...

Trader_ph

Bitcoin/USD Symmetric Triangle Breakdown! Alert!

Trader_ph

Hello everyone, if you like the idea, do not forget to support with a like and follow. Litecoin is on a verge of a breakout. My indicator, EffDi, gives an early signal telling us to buy Litecoin formed a wedge pattern that is most likely going to break to the upside, as the crypto craze continues. Our trigger for the buy is a few ticks above the wedge...

Trader_ph

Hello everyone! After a few days of Bitcoin crazy bull rage, we can finally see the Bears turning the tables for a bearish pullback. Price just broke a strong intra-day trendline that supported the bulls... until today. Adding on to that, a bearish symmetric triangle that just pushed the price to the downside, suggesting an intraday downtrend is starting. Another...

Trader_ph

Short Analysis HEAD ANS SHOULDERS DETECTED! The possibility is Bitcoin will crash to 34k

Trader_ph

Greetings traders! Hope this chart finds you good. Don't forget to like and follow for more analysis. XLMUSD recently started a bear trend after a failed bullish breakout, because of its insufficient volume to support it. The uptrend trendline also recently broke and is currently resistance. The 30 cent area is reinforced with a 20-period Moving Average and a...

Trader_ph

Greetings traders XLMUSD will now continue the trend after a pullback in the BREAKOUT, get ready

Trader_ph

Hello guys! Dont forget to like and follow me for more informational ideas! Bitcoin, for the first time, breached $40000, becoming the first cryptocurrency to do so. However, Bitcoin hasn't had a pullback, so for the next few days of Bitcoin will be very interesting. What we should take note about bitcoin: -Price has reached $40000, a price area packed with...

Trader_ph

Good day, traders! I hope this chart will help you with your profits :) Looking at ETHUSD chart, we have the main things to look at: The pullback is yet to happen, so expect a retracement The price is at the trend channel resistance, as well as the 4.764 Fibonacci Line The price is at parabolic levels RSI is very strong and on bullish levels ETHUSD as a...

Trader_ph Updated 

Greetings crypto friends! Bitcoin/USD is being interesting, as it is now trading at uncharted prices- again! If we observe, there are no price resistances, so we will plot Fibonacci retracements. I plotted the Fib from wave one to wave 2. If we look at the diagram above, the resistances we will watch for are at the 39.5 k area and the 37.7 k area. Support is on...

Trader_ph

Greetings traders! XRPUSD just broke the EMA 9 to the upside. Besides that, we also see a confirmed double bottom in the daily timeframe and a strong divergence in momentum! That gives us a good enough reason to buy long XRP, and may even hit $.80! Now, let's look at the future. I plotted a Fibonacci of the entire downtrend from 80 cents. If we can observe, the...

Trader_ph Updated 

Hello guys! As we can see in Eth/US dollar, we have an EffDI(my indicator, use it :D) Divergence. Why we should short Ethereum/US DOllar: On top of that, we also completed the 5-wave chart, and a double top was formed. Price also struggles to break the EMA 9, in a Triangle formation! Therefore I recommend: Enter the Short when the price breaks down the...