CryptoGuru369

CryptoGuru369 Updated 

This paper trade idea is for a swing short trade to $170. This is in anticipation of breaking down out of the triangle price finds itself within. The measured move of the flag pole of this Bear Flag takes price down to about $160, so targeting support at $173 has a higher chance of meeting the final target. --- Entry Zone: 238.00 - 223.50 T1: 223.50 T2:...

CryptoGuru369 Updated 

This is a paper trade idea to short from the top of the triangle resistance and the target is support at the bottom of the triangle. --- Entry Zone: 233.23 - 230.52 Take-Profit Targets: 1) 227.35 2) 223.50 3) 221.00 4) 216.15 Stop Targets: 1) 234.67 - 100.0% -- R:R: 3.79 Leverage: 5X Reward: 31.75% Risk: 8.4% -- Disclaimer: This is not financial...

CryptoGuru369 Updated 

We just had a 4H Death Cross of the green 55EMA and the purple 200EMA. Previously, this has lead to declines of 14% on the low end and thousands of dollars on the high end. In prior examples, price action typically rallies up to around the 4H 55EMA, 4H 200EMA, and/or Daily 21EMA area. This long is a long for price re-testing the 4H Death Cross. Have a great day...

CryptoGuru369

Please leave a like if you find value in this post! LINKBTC closed the week very strong and the chances for some follow through are good! This paper trade idea is to buy the dip down around the 0.5/0.618 Fibonacci area and ride it out for a long term swing trade. This entry zone has strong confluence with horizontal support and the Daily 21EMA. LINK has one of...

CryptoGuru369 Updated 

BTC just closed a daily below the 200SMA, horizontal resistance, and a diagonal trend line formed from the daily wicks. Short from resistance to support. Entry Zone: 8820 - 8718 Take-Profit Targets: 1) 8631 2) 8451 3) 8324 4) 8265 5) 8200 Stop Targets: 1) 8983.5 - 100.0% -- Risk:Reward: 2.51 Stop Loss: 2.55% Let's get that crypto! Please leave a like...

CryptoGuru369

This is a chart analysis for a potential paper trade short opportunity. I would enter the paper trade after a 4H, 12H, or 24H candle close below the blue resistance box. The target would be the next blue box which has strong horizontal support and confluence with the 0.618 Fibonacci. LTCUSDT Short Entry: 58.34-57.27 T1: 57.25 T2: 56.25 T3: 55.25 T4:...

CryptoGuru369

Bitcoin Analysis 2/25/2020 Open Interest is at historically high levels and Historical Volatility Percentile (HVP) is at historically low levels. In the past, this has been a recipe for "face melting" moves. Will this move take us to 8.5K CME gap or bounce and shove a super sized green dildo down our throats like happened previously? Notice in the October 22nd,...

CryptoGuru369

This chart depicts a possible Bart to the top of the range, then a breakout to 10900, which then takes us to 11500. These targets are inline with confluence between support/resistance and Fibonacci zones. If we make it to 11500, then expect a pullback.

CryptoGuru369

Open Interest and Historical Volatility Percentile (HPV) signatures suggest BTC is about to see a 20%, or larger, move within the next two weeks (potentially very soon). HPV is was at 1 yesterday at is at 6 today. This move could easily propel us to low-mid 8K level or to the 11K-12.5K area. Check this chart to see what type of moves we saw in the past with...

CryptoGuru369

-4H candle close above descending wedge -RSI above moving average and working its way out of the bearish control zone -Volume above moving average -Stochastics pointing up and working their way out of the bearish control zone --- Entry: 0.00002275 - 0.00002295 TP 1/4: 2325 TP 2/4: 2349 TP 3/4: 2375 TP 4/4: 2242 Stop Loss: 0.00002230 Risk:Reward -...

CryptoGuru369

Here we can also see the monthly 21EMA and 10EMA right inline with our price target zone if Bitcoin breaks down.

CryptoGuru369

In this chart we are extrapolating what we saw with GBTC measured moves and recent price action and comparing it to XBTUSD. Is GBTC leading XBT? Time will tell!

CryptoGuru369

In this chart we see that the BBW indcator (that's 'Bollinger Band Width' for all those thinking something else) is at historically low levels. These levels typically portend explosive price action moves. Are you ready? Let's get this crypto!

CryptoGuru369

GBTC has been a leading indicator for BTC. We can see here how GBTC has hit both measured moves from recent descending triangles. Will BTC follow? Price action is currently sitting on a major support line.