Hi there. I opened a small amount of short position around left purple rectangle yesterday. If you missed this one, don't worry, BTC will bounce back soon :) BTC drops down from triangle then falls into a bigger one. It's really trying to teach us few geometry lessons :) Air force is trying to drop few random bombs to see where the tanks are. If ground force...
Hi there. BTC comes to a very complex situation. We have 3 cases here: 1. If you look at the red global downtrend BTC retested previous high with a (double top or M top) lower high, it look like a confirmation of downtrend 2. If you look at the yellow triangle BTC has a clear break down point, it also look like a confirmation of downtrend, which waiting for...
Hi there. It looks like a triangle break though. Move stop loss to 8900 just in case it wants to retest previous high. After it passes 8900, i will looking for a higher short position to enter. Thank you for your time. Please comment and share. Alex Wang
Hi there. We saw a very clear break point in 15 mins chart yesterday. I am still waiting for the pull back for downtrend confirmation. I learned some XABCD and waves patterns in last few days,and there are so many transformed shape of them. So i try to draw some useful information on the chart, not guarantee the patterns are correct ,hope it can help a...
Hi there. My previous prediction wave 5 long is completed.I guess i was lucky :) So what's next? Suggestion: short Reasons: 1. It hits local uptrend resistance line. 2. It hits global downtrend resistance line. 3. Exactly lay on the fib 0.786 plus RSI is pretty high. So i think it may go down and break the local uptrend first, then retest the lower high. I...
Hi there. Just find out BTC CME 1H chart shows something interesting. I was trying to predict 2 possible ways and it turns out a small shape of heart :) It stops just under the big gap. 1st root may based on bull flag. 2nd root may stop by small gap then jump to big gap. Please comment and share. Thank you for your time. Alex Wang
Hi there. I am a freelance, not a Pro.Trying to forecast something meanwhile learning from other Pros here. Suggestion: Long Reasons: 1. We are still in uptrend and there is no clear trendline break point. 2. We still have huge CME gap above(8200-9000) to fill up. 3. Air force around 8000 is getting weak after ground force test so many times. So i think right...