The parabola character of the exchange rate increase is not damaged. According to my previous analysis, he is on track. This strategy must be thrown away if the exchange rate falls below the red line. Until then, this strategy is in place.
This is our £100-£20,000 challenge results so far and as you can see we have been flying this week returning 52% of the initial starting balance ( £100 )
If you want to check this out for yourself we can provide proof of results.
It is not too late to get involved either, just message me if you are interested.
BTC is looking like going to 50 to 60% retracement to $8462 if not under that next support could go to is $5400 before it goes into bullish up to $16400 in the next few weeks.
expecting big bull on sunday the 30th of june and so on.
this is my expectations.
More of a record of proof for my friends than an idea share but here it is my call for BTC.
I have learnt alot since entering crypto at the top of the bull market and then trying to catch the bottom, I was new to trading after all.
But now my T.A is purely based on major trend analysis, no external bull crap, no getting thrown off by miniature trends rather the...
Oh well what she doesn't know is I was sleeping with her sister... so the joke is on her really ;p
Anyway enough of my love life lets crack on with the trade.
As we can see BTC has been respecting a lovely trend line on this 4H timeframe and we are looking at it continue to do so in bullish manor up to our 10k target... And when we reach it you can all buy me a...
Wow look at this chart it is so easy to spot setups... this is the only strategy you will ever need and you will make £1million in just over 2 weeks, so carry on reading!!
All the above is B#llshit if you hadn't guessed already! but this is the type of rubbish so called forex pros will tell a newbie to the markets just to sell his services and believe it or not...
Linear regression is showing strong downward pressure after the prior bull movement. Aligning with the previous closure of the weekly bullish candle price has lost upwards momentum and the final formations of a head and shoulders pattern can be seen playing out with the downward drop about to happen within the next few days. Expecting lots of wick volatility and...
My wife is cheating on me... she still uses real money instead of BTC ;p
Now we are going to cut the crap and explain this trade in proper English so everyone can understand.... price has used a strong support zone ( red box ) and is on its way up to our resistance zone ( green box )
See how simple that was? even my pet dog understood it and is now currently on...
Bitcoin is showing some bearish momentum with potential to move down to $7128. If price does move to this price point, we may see price even trade lower after a retracement.
SL - 8118.16
TP 1- 7128.57
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Simply put, price can never go straight up, it MUST retrace before a continuation as it provides liquidity.
Bull markets are built on bear blood.
with this being said, we can see that on the weekly time frame BTC has been losing bullish momentum, signified by the doji candle - representing indecision in the market.
I have marked two possible buy zones,
As you can see, BTC has gained a lot of selling pressure over the last few days. Perhaps due to bigger participants taking profits after we hit the psychological number of 9,000.
The ADX shows buyers are starting to gain dominance, indicated by the red line crossing the green line. And volatility is starting to pick up.
Furthermore, i have taken a previous move...
After the whiplash we all received when bitcoin was like NOOOOOPEEE after spiking through 9,000, i can see the following scenario playing out.
Retracing to between 8,300 and 8,100 which would actually close the CME futures gap which can be seen here -
Also giving us a nice tap off the TL.
We could break further down to the...
As we can see, history tends to repeat itself.
I have taken a move from the bullrun of 2017 which can be seen here:
now, if we apply this into markets' current price we can see we have a bullish pennant forming.
This shows a consolidation period before another bull run.
The previous move is almost an exact...
We all know BTCUSD has been on a rally during the past few weeks but what goes up must come down especially when looking at the weekly chart the momentum indicator like MACD and Fisher are high with Fisher getting ready to cross onto the downside. So keep this big trend picture in mind then zoom in and analyse the smaller time frame at 4hr, there is a clear...