I was going to hold off posting this until the current daily close as it could invalidate my entire road map for now, I'm already short how ever was looking to cover my position today with the intentions of seeing a buy back on the daily close. If this current Daily candle closes well below the current short term range support I'm expecting more downside much...
Last April I made a comparison of fractals towards a bear market and it was carried out, we currently see a recovery but how true can it be in the face of a bullish break? We can get to have a bulltrap and come back again and double-bottom in the 30k. Otherwise, we can break well and head towards the 44-48k level in case this is done in a good way, we could visit...
• Market Phases : 1) Accumulation 2) Mark Up 3) Distribution 4) Mark Down 5) Repeat • Bitcoin already entered its markdown phase. What’s been happening lately in my opinion is not an accumulation phase, but a redistribution phase which is usually followed by another markdown.
The great unwind... As Mark Cuban calls it. Such capitulations are, however, not uncommon throughout Bitcoin's history. Feb 2018, Nov 2018 and Mar 2020... To name a few. Of course, to newcomers, such volatility is difficult to stomach. At least, that was how I felt back in 2017. The latest China FUD is simply three banking and payments associations in China...
Please share your comments with me
I see that Cardano break up this simetric triangle and that was an accumulation zone in the range of $1 to $1.44 USD. Right now, Cardano it's above of $1.40 USD and we see that Cardano have all chances to continue up in the next days. For that, we can to looking for long position in this cryptocurrency. In Daily timeframe, it's look bullish and I see that...
Historical highs and lows are taken with their percentage gain and with that data I've found reoccurring patterns. With that, I've drawn a chart where bitcoin might get to, if this analysis is correct, bitcoin will break out to $80k and then come back down to a much lower level. This is partly fun, well mostly fun, I'm not too sure if this is coincidence based, or...
Hello! Here is my thesis on Bitcoin. Good luck! Tonis
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. See the previous Link here for the original...
At the moment, if you thinking to trade Litecoin, I thinking to trade Litecoin, this crytpocurrency show a good analysis and good position that I can to make a Daily analysis more secure and profesional for you. I see that Litecoin it's bullish and I entry right now in the marketprice around of $187 USD to long position until the $423 USD, I follow the Daily...
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Master Key for zones Blue = Monthly Purple =...
Right now price is near the 4H key level and broke the previous 1H key level it's playing the possible fake out, we will wait to see price break above the 1H key level and retest the zone and after that will be the change of the structure and price can possible move up side. Please, take the entry based on your trading plan and use the good risk management to...
Right now price is in the accumulation zone we can wait until price breaks the down side that will give confirmation then downtrend will be continued, also we can point out that 1H HH and 1H HL has been taken which shows that there is change of structure for the short time, we can take this opportunity to take the entry in the LTF. Please take the entry based on...
After the crazy past few months I know a lot of us have that nagging feeling that the party is close to ending. I have been seeing the same sorts of stuff I saw in 2017, and I suspect we might be turning towards the second half of the cycle - bear. Let me know what you think about this, if I am even using head and shoulders tool properly. Still learning and...
As we can see, the line in thick blue acted as strong support level for bitcoin. Even with the f2pool liquidation, we jumped back into the top real quick. This bull market cycle is not nearing its end if we compare it to previous cycles, but one thing to keep in mind is the fact that the price has been accelerating way fast. The faster the price acceleration,...
Hello traders and analysts, GBP USD full breakdown technical analysis. A note before reading - this is a forecast analysis - based upon Lupa Capitals trading strategy. Please do not take this as face value and conduct individual entry points whether looking for long or short positions (time frame dependent). Master Key: Blue = Monthly Purple = weekly Orange =...
This is my attempt at applying Wyckoff's methodology to the BTC/USD price chart. Wyckoff posits that, although price movement may appear random, it actually follows a repeating cycle that can be divided into four distinct phases: accumulation, mark-up, distribution, and decline. Based on historical data, it appears as though BTC is in the early-to-mid mark-up...