BASICLY A SCAM WICK IS DESIGNED AND PERPERTRATED BY LEVERAGE TRADING EXCHANGES TO KNOCK YOU OUT OF YOUR TRADING POSITION BY LIQUIDATION, SO LESSION IS TO NOT USE ANY HIGHER LEVERAGE THEN 10x OR U CHANCE BEING REKT!
BASICALLY WHEN U USE HIGH LEVERAGE U WILL GET REKT BY A SCAM WICK,,WATCH OUT FOR THESE FRAUDULANT WICKS PERPETRATED BY THE LIKES OF BYBIT OR BITMEX MOSTLY BY ALL LEVERAGE TRADING EXCHANGES THAT USE THESE TO LIQUIDATE U OUT OF YOUR TRADE POSITION, SO LESSON IS NOT TOO USE HIGH LEVERAGE AND RULE OF THUMB 10X OR OVER! JUST A SMALL TUTORIAL
..JUST FOLLOW THIS RULE TILL ITS NOT! TILL ITS YOUR ENEMY!
XFORCE,,,WHY DID HE HAVE ME AND TEAM GO SHORT AT A GOLDEN CROSS WHEN EVERYONE ELSE WENT LONG? I KNOW WHY? .HE WENT AGAIST THE GOLDEN RULE " TREND IS YOUR FRIEND TILL THE END" BECAIUSE HE THOUGHT THE GAPS THE CME GAPS WERE GONNA BAIL OUT HIS GHORRIBLE CALLS NOT ONCE BUT 3 TIMES AS HE TRIPPLED DOWN AND SENT IN HIS TEAM OF SUBSCRIBERS FOR THE SLAUGHTER! WELL NOW IS...
MAJOR SUPPORT -RESISTANCE ON THE DAILY TIME FRAME, THIS IS THE 1ST LOOK AT A BEARISH BREAK TO THE DOWNSIDE IN THE LAST 8-9 GREEN DAILY CANDLES THE BULL TREND HAS BEEN VERY STRONG WITH ALREADY 2 FAKEOUTS -BEARTRAPS IN LAST 3 DAYS, ARE THE BULLS RUNNING OUT OF POWER OR ARE THEY CONSOLIDATING FOR A BULLISH MOVE HIGHER ? ONLY TIME WILL TELL NOW BUT I HAVE MY MONEY ON...
MAJOR SUPPORT -RESISTANCE ON THE DAILY TIME FRAME, THIS IS THE 1ST LOOK AT A BEARISH BREAK TO THE DOWNSIDE IN THE LAST 8-9 GREEN DAILY CANDLES THE BULL TREND HAS BEEN VERY STRONG WITH ALREADY 2 FAKEOUTS -BEARTRAPS IN LAST 3 DAYS, ARE THE BULLS RUNNING OUT OF POWER OR ARE THEY CONSOLIDATING FOR A BULLISH MOVE HIGHER ? ONLY TIME WILL TELL NOW BUT I HAVE MY MONEY ON...
BREAK WITH A 4H RED CANDLE CLOSE, I GAVE EVERYONE MY SHORT POSITION YESTERDAY AS YOU CAN CLEARLY SEE IN MY CHART WE DEF HAVE HAS BEARISH DIVERGENCE ON ALL 4 OF MY CONVERGENCE-DIVERGENCE INDICATORS, THE( MACD.AROON,RSI,RSVP) VOLUME IS VERY LOW STILL AND WAITING FOR A NICE VOLUME PUMP TODAY FROM THE BEARS, TRYING TO REMAIN CAREFUL BECAUSE WE ALREADY HAD THIS WEEK...
BETTER IDEA FOR A NEW SHORT POSITION...Hey guys i re figured my previous short trade by closing it and taking on a new short trade by doubling down with the 25X leverage , my new short 11290.00 just below the 50 MA (moving avarage) so once bitcoin breaks that critical resistance line and it closes a 4H red candle below it will start the bearish trend, im...
WE ARE READY TO BREAK MY ASCENDING-DECENDING CHANNEL, WE BROKE THE 200 MA , SO NOW WAITING GAME BUT I BELIEVE THIS NEXT BIG BREAK WILL BE TO THE DOWNSIDE, WATCH FOR BEARISH DIVERGENCE.
LOOKS LIKE A BULISH DAY TODAY IF THE GOLDEN CROSS ON THE 1D .. IF IT DOES ITS JOB LIKE 85% OF THE TIME IT ACRES, ANYONE WHO DONT KNOW WHAT A GOLDEN CROSS IS ITS WHEN THE 50 DAY MA GOES ABOVE THE 200 DAY MA ,SO THIS IS MY LONG @ 11446.00 , we are currently just inside my horizontal trend line thats been holding for last 6 days or so on the daily time frame, im...
AND HIGHLY ACCURATE ASWELL AS BEING SO SIMPLIFIED ONCE YOU KNOW WHAT EVERY INDICATOR IS USED FOR AND YOU KNOW HOW TO USE EACH INDICATOR , AS BUSY AS THIS CHART LOOKS ITS REALLY NOT AT ALL, THIS TOOK ME BETTER THEN THE LAST YEAR TO PUT ALL MY FAV INDICATORS ON ONE CHART AND HAVE THEM WORK IN SYNC AND AS ONE, ONCE YOU DRAW YOUR HORIZONTAL TREND LINES , SUPPORT...
...TOO SOME SURPRISING PUMPS THAT HAVE MY ANXIETY TURN STRESS TURN CONFUSION SO MANY TIMES WITH NO CLUE JUST HOW FAR BITCOIN WILL GO GREEN OR WAITING ANY MINUTE FOR THE FLOOR TO DROP SO TO REALLY FILL THE GAP @ 11120.00 AFTER THE MORNING FAKE OUT , I WAS IN A SHORT AS OF YESTERDAY (SUNDAY) HOPING FOR MONDAYS OPENING TO GO CLOSE THE WEEKEND GAP, SURPRISE BITCOIN...
BTC was really bullish for the last 7 hours. Tested 6 important resistances and reclaimed 4 already. Now it is time to test the final one being the good old March 13 trend line. After that we are officially back in the bull market. Correction is over.
Alright, Possible bullish setup currently forming. about 4 minutes left on this candle. If this next hourly candle closes in the lower Donchian Channel,but above the 50MA, I will look for a new high on the next candle, which will be my initial trigger. If that is the case, I will wait for the green SSL to cross above the red one. If these occur at the same time, I...