hbayatne

hbayatne

So I was always against the derivatives trading on BTC because of its high volatility. But recently it has become really predictable and many exchanges are literally offering free money to trade. As you can see in this chart, a short position when we called it would’ve made you a lot of money. There are still more moves to call and we are here to give you the...

hbayatne

Typically rising wedge patterns are a bearish signal. This is very concerning for BTC immediate price action. Last time we saw this divergence and retesting of the 50 day Moving Average was in late September of 2020. We went on a downtrend but then recovered. This may be an opportunity to take some profits and wait for the next move down. We don't recommend...

hbayatne

Here is a better view of the break down trend graph we have discussed before. Please share and like this graph to keep them coming. HAPPY TRADING

hbayatne

Well it happened as predicted. You can refer back to this graph that we told you nobody else was showing you. The break down is currently touching exactly on the break down points we charted over a week ago. This all for informational purposes only, but we give you the tools to make very good informed decisions. We are still in a bull market and as has happened...

hbayatne

So we charted this exclusive chart that all the bulls were afraid to show you. Please look and see we did not alter any of the points. All I did was clone the high and low break down trend lines and added them at the previous high points to show you potential trade set ups. Again, BTC has a way of reversing on us and I think it is farfetched to expect another move...

hbayatne

We want to be at the green trend. We are approaching the orange trend. And we fear the red trend. All these trend lines are very possible and currently the bulls are pushing for the orange line with aspirations to meet the green trend line. But we have to be aware of and fear the potential breakdown curve. Nothing fancy about these trend lines, just validating...

hbayatne

Everytime there is a steep drop off in RSI divergence during a trend there is a new high. But look at this current move…there is a second RSI divergence bilateral move that shows an odd pattern. This means one of two things…. 1. We are going to break through 2. We will break down in the short term Here is a simple way to know if we will be breaking through....

hbayatne

Watch this trend for April and Early May. As long as we don't break down below the caution level, ETH will be on the rise throughout the month. Any break down below the caution level should be considered a BUY signal or potential short term Bear Trend. Although we don't anticipate any prolonged Bearish trends for ETH anytime soon, we have to keep up with these...

hbayatne

Look at all our other bullish calls on BTC. Even during the dumps and down days…from all the way back in February we have been calling for these trends to give us the next trade set ups. And they have never failed. Here is the trend we expect BTC to follow for the near future. April is already shaping up to be a huge month and we could even say this is a...

hbayatne

You don’t have to be a TA expert or a chart analyzer to see where price is going next. Just draw the same lines you have seen in the past and clone them. Place on the breakout points, and BTC always follows. Sure we never know what trend reversals or changes happen along the way, but we all know where the endpoints always go. Happy trading!!

hbayatne

Let’s not let the red scare us. BTC is still within its zones fore March and will most likely break out soon. Even if it breaks down to retest the old resistance levels near 44300, this is just a great opportunity for everybody who wants to get in on the fun. BTC corrections have been known to get down as much as 40% off the trend high and we are only at about 12%...

hbayatne

The breakdown happened. Although we all feared it we know it was a possibility. But don’t mistake this for a long term bear market. We may even go below 50k as the BTC dips have been known to cross into 40% corrections. That would put us in the mid 30s. This is very farfetched given the amount of institutional investors around now as opposed to in the 2017 BTC...

hbayatne

So everybody is speculating on a 200k-300k or even. 1 million dollar BTC. We don’t know what is for sure, but what we do know is we have technical analysis and chart patterns we can analyze to predict certain price action areas of interest. According to the latest trend based price movements, BTC should approach the 72k area on the next run up. We don’t know when...

hbayatne

It would be great if all assets you bought were to run up parabolically forever. That would mean everybody who invested in that asset is getting rich at the same time and nobody would be losing any money. This is not only irrational, but impossible as well. You see, it is called “trading” for a reason. Whenever somebody sells another person buys. The two concepts...

hbayatne

So if you are following our charts you know very well that we are calling the entry points very accurately. It is a lot more difficult to determine exits on ETH with such a bullish trend developing, but we are pointing out the bottom of every channel on price action. Please use your own research mixed in with our indicators to make a trade decision that best suits...

hbayatne

Nothing fancy here. A few Fib zones and some pitchforks, easy to read and easy to follow. The price action relative to the indicators we posted yesterday showed a buy signal and if you took that indication today you are a happy trader. Now we have to see where we will fall in the trend zones. Will it be another break out to the upside and follow our original...

hbayatne

So we all know what happens here. The schiff pitchfork is the corrective fork and we drew it several days ago. All you have to do is right click on the original and it shows you where the corrective price action will take you. Right now we are flirting with the lower median line and bottom fib channels. This is typically a buy signal. This is not financial advice...

hbayatne

It is absolutely amazing how this asset follows all the indicators so consistently. DO NOT GET REKT, as all the crypto Youtubers say. Do not be afraid to enter right now. We are at the bottom of a channel and as history always repeats itself, we WILL RECOVER. We don't like to consider any of our analysis as trade advice because we are not financial advisors, but...