CrazyGabey

CrazyGabey

Many well-respected traders, a number of whom I have studied under myself, vehemently oppose trading symmetrical triangles. I'm not here to say they're wrong or that I'm right, but I would like to shed some light on these misunderstood chart patterns using classical charting principles from Edwards and Magee. Much of the information I see shared online regarding...

CrazyGabey

Let’s take a look at the 4-hour Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be Follow me on Twitter: twitter.com Enjoy this content? Consider using my affiliate links listed below. I’ll receive a referral bonus when you do. Sign up for Coinbase and purchase at least $100 worth of Bitcoin to receive...

CrazyGabey

A bullish heikin ashi candle signals a 20% long entry, but the 50 and 200 EMA death cross looms near. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

A long-legged heikin ashi doji signals possible trend reversal. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price continues to fall as a 50/200 EMA death cross looms on the horizon. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price closes below the 50 EMA on the 1-day chart for the first time in five months. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

A rejection from the 4-hour 200 EMA plummets price below the 1-day 50 EMA. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price falls off a cliff as the 1-day 50 EMA is once again challenged to hold as support. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price takes a breather and begins testing the 200 EMA as support. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

After smashing through the 200 EMA, price takes a breather before beginning its assault on the 50 EMA. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price finds strong support from a hammer candle off the 1-day 50 EMA, leading to a close above the 4-hour 200 EMA. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Consolidation continues as two critical moving averages across two different timeframes battle for supremacy. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Consolidation continues as two critical moving averages across two different timeframes battle for supremacy. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price is currently caught below the 200 EMA on the 4-hour chart, and the 50 EMA on the 1-day chart. Let the squeeze begin! Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Price launches its first test of the 200 EMA as resistance, and is issued a sound rejection. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

After closing below the 200 EMA, price begins its uphill battle to break back through critical resistance. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

Bearish action overnight confirms the inverse cup and handle, sending price hurtling down to the 200 EMA. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be

CrazyGabey

A strong bounce off old triangle support delays confirmation of the looming inverse cup and handle. Let’s take a look at the 4H Bitcoin chart! Click the link below for a brief analysis of the most recent 4-hour trading period. youtu.be