Trading System = Discretionary using FIB and Pitchfork Side = Short/Sell Position = Closed Volume = All Order type = Exit TP = Fib Proj. 0.618, 1, 1.618 Problem & Anomaly = After the volatility peak at the previous highest high. Price has been climbing with exhaustion. Trader Emotion = Neutral Mistake & Error = Non Remark = Using a red downward slope...
The previous uptrend leg is strong. And it starts to stall. Bullish MACD crossover is a failure. I can draw a downtrend line. Sell at the Ema crossover signal.
The chart started rising three hours ago and as we can see that the candles are not big , which reflecting the strength of buyers but the indicator show us that this power is reached to its limit i suggest to sell here
the downtrend has broken in the last day and stared rising untill it reached to another strong resistance area and therefore There will be a downward reaction in the Next few hours the volume indicator show us that the buyers have put in all their strength and it is time for the sellers BTCTHB will go down
there's a strong push from the seller as it clear on the last candles there's a strong resistance area under the last two candles pushing them higher - the BTCTHB will go down if it break the red area under it, except that it will rise
1. TRENDLINE BREAKOUT 2. FIBO retracement 3. DOW THEORY 4. Tf Day VIBOACADEMY
I'm studying Elliott Wave, but I'm not sure if this is correct. Anyone have any other advice?
Analysts hold their $250K Bitcoin price target even as BTC falls below $60K. Crypto markets take a turn for the worse after hitting record highs earlier in the week, with Bitcoin down 6% near the $60,000 level.
Working on BITCOIN projections for passive income, wealth management.
After Bitcoin has clearly turned into a downtrend and a reversal pattern has emerged at the resistance area. As a result, the price of bitcoins continues to decline. Allowing us to predict that it might continue to run to the next supporting area. However, in the 4-hour timeframe there was a strong buying force on the Fibonacci retracement, resulting in a...
More than 150 days have now passed since mid-December 2020. BTC price is bullish, with a correction every 50 days. Which has been adjusted 3 times .Each time after the correction there was a decrease in the percentage of price growth. BTC is now two possibilities. The first , if this time it is resting to adjust the base and run in the yellow support frame until...