MaAndre0805

MaAndre0805

Bitcoin looking epic on the macro and is once again testing it's prior ATH with likely extension to the upside. If this was indeed just a mid cycle correction then the crypto market is going from moon to interstellar mode. BEAR in mind, this is a macro view and nothing is set in stone. We can expect volatility to expand - don't feed the whales at high...

MaAndre0805

Descending triangle with support from the 12 h 200 SMA , looking rather bearish for downtrend continuation. Will look for bounces along the golden pocket and previous daily low structure.

MaAndre0805

NQ has been on a wild run, maximum greed signals caution on the long side .. 15000 target has been reached, could climb up to 15200 next fib level and pattern target but expecting a medium term top very soon. Bulls take profits in strengh before the market takes them back. good luck

MaAndre0805

Looking for another weekly bounce from 9.60 level, the first test was nicely bought up and the long term massive uptrend should be respected. I wouldnt mind it wick down to 8 , below that could be problems.

MaAndre0805 Updated 

This idea is purely experimental and for your entertainment but it does provide some clues that we could be nearing a top in this market cycle. I have connected a curved trendline with prior cycle tops and measured the inclination from top to top. Both point to a possible top at the current levels. Obviously "guessing" macro tops and bottoms in any market is...

MaAndre0805 Updated 

Up-channel broken and now forming a symmetrical triangle. I will go long or short on the breakout to either side with TP's on the measured move targets. To the downside the target will have good confluence with the .618 fib and volume profile node. Breakout trades are very risky - risk management and leverage need to be carefully reviewed.

MaAndre0805

just an idea

MaAndre0805

Goverments hate privacy and empowering the people and that is Moneros biggest problem on the market right now. "Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin. XMR’s origins can be traced back to Bytecoin, a...

MaAndre0805

Lets keep it simple, PLTR holding in the support zone , wedge formation - easy risk management.

MaAndre0805

Will it ever break out of this falling channel? It should happen sooner than later, BTC pair looking not so hot either, bagholders must stop dumping for a while.

MaAndre0805 Updated 

Bitcoin is consolidating in a symmetrical or ascending triangle which sets me up for a breakout trade. Using a 10900 break above to open a long and a 10200 break for the downside targets to initiate. Move is expected to be explosive since historical volatility percentile has been contracting for a while. Volume signature suggests also that bitcoin is close to...

MaAndre0805

I will not enter any long position until a higher high was made on the 4H with a candle close above 10900. Impeding "death cross" on the 4H chart delayed by the pump but let's see if next candle can hold above 10600. I found a similar situation after the ATH which didn't end well for BTC. Im just a noob so don't trade my advise.

MaAndre0805

Maybe it's just me but I see signs that we won't rally above the .618 retrace and 50 MA weekly, BTC needs a break - too many people are super bullish on BTC / Fomo and rising wedge . Take profit if you can! Don't buy at the tops.

MaAndre0805 Updated 

BTC refuses to go down lately. I believe the bullish sentiment comes from a possible break of a long term down trendline, even sideways movement for a few more days would be bullish. Im sitting on my hands for now, but consider buying the break out. If we dump from here i would expect to reload at the 200MA weekly. (not trading advice)