LegionWolf

LegionWolf Updated 

BTC hit 19k and there's an orderblock with imbalance filled on 5min timeframe which I can't post analysis here because the timeframe is too small, reason why I'm using a 15min chart for my trade idea. There's a big liquidity void to be filled, that was created on the way down. The risk vs reward it's worth taking it, let's see how it rolls. Also 19k is a good...

LegionWolf

As previewed in my analysis from October 2021 we can see it linked to this post here, BITCOIN has now reached the long term target I was expecting after 8 months of waiting. $26.5k and $24k. In my updated view, now it's a good time to start accumulating the ASSET again for the long term(next 4-5 years with the halving happening in between) A lot of liquidity was...

LegionWolf

I have one more analysis and this time I see BTC going to clear that liquidity on 28k level. I'm expecting a retracement on 42k tho...If it happens I'm entering a short from there. I'm specifically waiting to see if price hits $42172 level and short from there, but we can never be arrogant in theses markets and react according to the price, although sometimes we...

LegionWolf

Loading? Time will tell... BTC follows a bearish trend for now full of traps. There's huge liquidity down there yet...

LegionWolf

What I saw in Bitcoin and placed the trade tool risk vs reward as you can see the related idea below, it was slightly stopped by a few bucks. The closest target I see for the following weeks is $45k, filling up the gap above first around $60k. The high of the year was made in my opinion. Let's see how it will develop in December.

LegionWolf

Do not get me wrong, I'm bullish BTC for the long-term. But now I'm just trying to think a bit outside the box here following all those times we had FOMO, mass hysteria when BTC price went up. And right now we have it, people expecting a breakout of the last ATH, specially because a lot of retail expect it to go to 100k, everyone is anticipating it again. But if...

LegionWolf

This is what I see for BITCOIN. Finishing bear market around 20k dollar($19.415) then when the next bull run starts we will see higher prices, with $74.865 being my first area of Take Profit after buying at the lows. Patience is key, if you invest for the long term, the next 5-10 years can be amazing to generate wealth. As I saw the FALL of bitcoin from April...

LegionWolf

Analysis completed. All targets hit, limit orders filled on Binance. Time to prepare for the next bull run in the future until $ 74865. There will be plenty of time to DCA into BTC, CARDANO, Ethereum.

LegionWolf

Target achieved after a month of waiting. Gratitude to MIchael J. Huddleston(The Inner Circle Trader)for providing me with the tools to analyze these markets. I'm always an apprentice and will always be, getting better day by day. Bought at huge discount and I'm still waiting for more as I labeled the prices below to keep doing DCA and buying at great discount. As...

LegionWolf

Well, not much to say, check the correlated analysis before it happened when I was waiting for this opportunity since April. And now we are getting closer, it's a matter of submitting yourself to time until we get the best buys below 50k. There's a lot of liquidity down there and I even risk of saying it can go below at 38-39k USD. My plan is for the long run,...

LegionWolf

Updating the last post. BTC going down as spotted, healthy correction. Touched the second zone I had market today and it started to have some minor pullbacks, specially if you check the 4h chart. My expectations for BTCUSD is $43.7k as a good dip to add more buys, it's already at good price, everyday it is a good price if you're holding long term with the...

LegionWolf

Counting on a bearish dollar overall, let's see if this swing setup happens. Just posting here to see how it developed in the future.

LegionWolf

As expected, the dip is happening, there's more to go. Michael Saylor must be happy loading the bag. Who isn't? haha

LegionWolf

The importance of risk management and reacting on the price, as mentioned in the second update, the possible reversal, it came but profits were already secured and protected the position. Not gambling, not fear, just reacting to price, speculating the possibilities and acting accordingly. Velocity wins all races, if you're able to secure 10-20 pips a day, 1-2%,...

LegionWolf

Took partials as mentioned before as I'm checking the time. Took most of the position at 50% of the trade, London Close is here, if we have a strong reversal despite me being bullish in euro with all the confluences I'm seeing, there's only a runner left which will cause no harm. Time and price + risk management.

LegionWolf

- Structure not broken - Re-test OB yesterday - Above 1.20200 - Entry 0.79 fib - DXY bearish - Creating liquidity pool before aiming higher targets to fill imbalance completely, removing liquidity from today above TP That's my view. If I'm wrong, good, I will journal, learn a lesson and keep moving. If I'm right, good, I will bank profits, journal and keep...

LegionWolf

18042021

LegionWolf

One pair, that's all you need to be your bread and butter.