We just did 61% of the whole move from 3.5k to 14k. A pull back to 38% shouldnt hurt. If lucky a pull back to (88%)4.3k(Approx) will be once in a life time opportunity for Institutional HODLERS and market makers. I wish to see it go down between 38% to 88% even though we are bars near to halving.
The orange line is the USDT capitalization. The blue line is the price of bitcoin. Dotted vertical lines are the beginning of a sharp change in the USDT capitalization. The second line of the corresponding color is the beginning of a strong movement of bitcoin. Exactly 1 month passes between the first and second lines. My minimum target is 10750 within two weeks.
Since the massive Rally ICX has been correcting so far. You can see clearly it is forming a bullish Pennant and also hovering around .5 fib level. If yes there's an "IF" it breaks to the upside. I'll add positions on retest. IMO upside momentum is highly likely as the Dominance is falling for the BTC and alts are getting relief. ICX is among those alts with...
Pretty risky trade tbh (on higher TF BTC looks more bullish). My pros: 1) R/R which is around 1:3 and I like the trade's overall potential. 2) Pin bar on 9150-9200 level (rejection). 3) High volume (limit and agressive sells) 4) Negative delta And...double top (previous was on 01/19/2020).
BTC/USD is looking nice, we should all be looking for longs now with very nice risk reward. I found 2 beautiful ways of trading it with the highest probability of success. Simple trading always! Why I am looking for longs now? -Bullish divergence in the 1H - 4H -Hidden bullish on the Daily -Previous daily resistance trendline was broken Look at the chart for...
Hello guys.. i think we have a short channel up trend and we will down in this point of that channel, then we can stop and patient for any buy position because low risk better than high risk my friends. "always trade with by own responsibility because it's good for you" Contact Me (id telegram): @gateofmoney Good luck.
Hello Traders, Regarding the recent coupe weeks increase in price: It is very likely that we have just started the wave 3 of the big wave 5. Looking at the charts: There are two suspicious cycles here WAVE 1 ENDED 01 DEC '13 WAVE 3 ENDED 01 DEC '17 WAVE 5 TO END 01 DEC' 21? As you can see there's a 4 year cycle between the impulsive moves Another cycle is...
Buy now under 8400 and get ready for the bump.
BTC inside descending channel in symmetric triangle with bearish continuation - going for actual bottom.
#BTC On the 3-day scale, the candle inside bar is visible; as a rule, we can grow, if on this scale we close above the resistance of the mother candle 3800. If this succeeds, we can observe a more positive market for a while. If you can not get higher, the next month may continue in the side and maybe the price will be able to update the bottoms. Confirmation of...
Overall outlook: SLIGHTLY BEARISH My Bottom = 2800SATS All my indicators are telling me to wait for a another meltdown, BUT SUB has been down 30% in the past 7days so a correction up is still possible. >Stay in USD atm everything seems ready to pop any time. >Price is at the point of being squeezed. >If the price ends up falling may bottom in 2800SATS, but a...
1. Bullish divergence on RSI 4h 2. Falling Wedge that could possibly break up. 3. 10k is nice psychological resistance (which is also the target).
BTC is forming a mix of both HS and a Bear Flag. breaking out the support in red will cause another big dip. watch out and if you are long on btc set a tight stop loss because this may not be the end of the waterfall.
After the perfect shorts on both 17K & 13K (the indicators also gave a perfect signal on 14.3K but I simply missed it !!). Anyway today another signal came in.. allowing me to reduce my stop losses again and afford a new reinforcement on this very nice Sinewave + Momentum trading signal right in a price area I was waiting for. We're one step forward to the...