What's up guys, I am back! For those of you who know me and my work, you'll know I never use this timeframe or any timeframe below the 1D. I am not changing my ways today, don't worry. I am just doing this to show the resistance at around $7,000 which is my first target. About two weeks ago, I made a post pointing out that shorts could potentially get squeezed...
What's up guys, I will be gone for the next couple of days and won't be able to post here, but fear not, I will give you the advise you will need for while I am gone. Firstly, we are having an excellent rally at the moment and it looks like what I said about the shorts potentially getting squeezed might be happening (read that here: ) With that said, I will...
Hey guys, I don't think I've looked at the Bitcoin weekly chart and made a post about it. Well, it's pretty s**t. If you'll look at the average weekly move, it is certainly more than just two red weeks, so I am expecting $5,000 still. I am waiting for a bearish opportunity to short. I am still uncertain as to whether it will come now. That is why at the moment,...
What's up guys, I haven't been as active as my usual hyperactive self here and I attribute that to my questioning of this profile or whatever you would like to call it. As you may know, I've been studying under a gentleman who runs an energy hedge fund and I've been seeing that he is far smarter than I am and his strategies are far more sophisticated than mine...
Hey guys, saw something and thought I'd draw your attention to it Watch out for this if you are short. I would not recommend being short right now. We are approaching all time high shorts and we are in oversold conditions and the sentiment is very bearish. It is very possible that a short squeeze could be coming and a large one too. If you are short, make sure...
I want to write today about excellence in life. You can apply these principles to trading, although I am not here to talk about trading specifically - much. As you may know, I've entered this market at around this price point twice, both times I was stopped out with minimal loss. So far, I haven't been entirely wrong about the market, but I haven't made money....
I'm sorry people, I swear I wouldn't have posted this if the candle didn't flip. I'm not trying to spam, honest. Anyways, I have officially closed my short position and added the $2000/btc short to my balance. As you may know, I was stopped out in my last small long position and I stand by my choice to make the buy. It may not make sense to most because I went...
Hello friends, A few weeks ago I made a post about what I thought would be a good entry for Ether. I predicted we would see the $300 level again and I was correct, read that here: Well, since we've gotten here, I stand by my opinion, now would be an EXCELLENT time to buy Ether subject to TWO conditions: 1) you will hodl it 2) you believe in Ether for the long...
What's up guys, I am here to share a truth about life and trading (mostly life - it's more helpful) I was wrong for the first time ever on Tradingview (50% of the time to be fair). Yet, I am still massively up? How can that be? Because I reduce risk and am conscientious of my trades. Being wrong has opened me up to criticism and I more than welcome it. I love...
What's up guys, YoungShkreli here Some people might get the impression that I only trade if the candle flips color, but my strategy is not that simple. It's slightly more sophisticated; it heavily considers risk management as well. Thus, a unique opportunity has come that allows me to buy bitcoin even though traditionally I would wait for confirmation or have a...
Hey guys, First off, I just want to say thank you. I am the second top trader today and it looks like I could I could become the first. So, thank you all, it's been an amazing journey already and we aren't even two weeks in. I was going to make this an analysis post, but it's really educational for both you and me. I'm not going to pretend it's analysis and...
Hey guys, YoungShkreli here Anyone who listened to me (like me) is up 25% USD and 50% BTC at the moment. I'm not mad at those who didn't listen, just remember this next time you ignore me... I am expecting bitcoin to bounce at some point in the near future, make sure you follow me to know when you should go long. The next trade will be similarly successful to...
What's up ladies and gents, YoungShkreli here I have never done a Ripple post, but someone pm'd me asking me to and so I shall. I have drawn that line as a target level for Ripple. I don't believe in Ripple at all, but if you must trade it, that is where you should buy it. Alternatively, wait for a green ashi to close on the daily chart and then buy it there....
What's up guys, We made it to the third position on the daily top traders, so let's give ourselves a hand. I'm expecting bitcoin to bounce quite soon. I pointed out that "bullish" bear flag pattern in my last post, and it came true. As far as I've seen, I am the first to recognize this pattern in bitcoin. I do not trade it, but I take note of it. I just wanted...
What's up guys, YoungShkreli here It's rare I do so many updates in a day, but I figured I've already done a few altcoins, I might as well do the second largest one. This is the same exact chart I used in my last post on Ether and my thoughts are exactly the same. I am expecting to see $300 again for Ether, and if you have to buy Ether that is when you should....
What's up guys, YoungShkreli here I've been requested to make this update, it is not a choice I have made personally. I do not believe in XLMUSD and won't recommend trading it, but if you must, here is what I think: If we break the first line, we are likely to go to the second line. With that, the ball is in your court, we are at that first line, in oversold...
Guys, YoungShkreli here This has nothing to do with bitcoin at all - almost. I am almost on the FRONT PAGE on tradingview and I started this only a little over a week ago. If you would all please like and follow my work, that would be so incredible. I've been doing this for less than two weeks (!!!) and already we are growing so fast and I'm so happy because that...
What's up guy, I hope you are all well What can I say other than: THIS IS WHY WE WAIT FOR CONFIRMATION. We had a $500 dollar bounce and we went right back to new local lows. Please, please, please learn from my mistakes people. You can't go into a trade without confirmation. We DO NOT guess. We read. We are 90% scientists and 10% artists, always remember that. It...