RaizenR

RaizenR

Bitcoin has an amazing ride, hitting market cap ATH, and slowly trying to climb to 20.000. That is pretty amazing, we see the biggest banking institutions in the world praising our favourite coin after bashing it for so many years. Although i believe this run is fueled by Corona crysis and millenials like me investing more and the banks accepting and praising...

RaizenR Updated 

It has been a while since i posted a long analysis so i hope this will work out. From what i am seeing bitcoin is trying a breakout, a nice triangle has formed on the hourly and seems like BTC is trying to break it's resistance. We managed to break the 0.382 FIB retracement level but seems like bulls can't really hold it. One thing is clear, volume is low and this...

RaizenR

So, as we can see the bollinger bands are getting tight, the last time this happend a few days ago we went to 12.5k. Now this is a short or a long scenario, how would you play this? Place your trade just above the bands, either way. Tight stop loss, so you lose minimum but earn maximum. Frankly this looks like consolidation above resistance, which is a bearish...

RaizenR

BTC made a strong comeback, which i did not expect. The fundamentals as you know it's awful, but i had no way of knowing commercial banks are going to list it and the dollar would lose so much value. From what i am seeing i believe a ranging period is about to start, between 9.2 and 112. We are close to some very important areas, the 2 golden lines. If we manage...

RaizenR

Okay, so a bit of analysis on BTC with a possible profitable trade in the horizon. We see in this chart that bitcoin rejected the exact same area that it rejeted on 19th of august, but this time is different, support is super strong (second blue zone) but resistance is just as tight. 223 ema acting as clear support for now,a 4h candle below it would also mean that...

RaizenR Updated 

It has been a while since i posted a btc analysis, kept it a bit low and only did some scalps.Now a quick move: -As you can read in the title, and see in this post we have a nice and steady triangle pattern formed, and as almost all of us know btc loves his triangles.Let's get back to the analysis.Bitcoin was close to doom a few days ago and bounced right back up...

RaizenR Updated 

Maybe...daily triangle suggests big move, fuck MACD, 2x lvg and bag holding and eth moon, hopefully heheh.RSI is holding well, parabolic SAR indicates long (but who trusts SAR?).Fundamentals ? No need, almost every IEO is made on ETH blockchain, countless shitcoins have their smart contracts on their blockchain.#ADA #FET #CELR #ETH gonna boom soon...I put my money...

RaizenR Updated 

ADA looks like it finnally found some support, breaking descending channel, very shy indeed but it might be a good buy.MACD is on the verge of a crossover and RSI shows oversold.It's a risky trade considering that BTC is about to make another move, but i think that we could get a nice swing trade here.As a stoploss i would consider 515-520 sats, hopefully it won't...

RaizenR Updated 

send it or dump it ?

RaizenR

Trading Journal, ETHUSD.Toughts: -Haven't really done much charting on ETH, and i don't know how much the triangle pattern will be respected, however i am confident considering the golden line is near that if it breaks, we are going to see at least TP1. Frankly i am bullish here, with extra tight stop, considering even entry depening on how the market is going to...

RaizenR

The white line was broken, we went to 10.8 in the wick, but what now? Can we go to 10.5 or lower ? I think so, one thing that i didn't notice was the 1 day triangle(i don't trade high TF) but now i have seen it.And it points down. 9.9k in sight?

RaizenR

Last post was the bomb, didn't even expect bitcoin to go up that much, but hey i loved it. Now i am not so sure about what will the bulls do,arket is feeling heavy, this time the golden lines didnt perform as much as i would have wanted.I am feeling a little bit bearsish.Bulls take hours to build up a few % and bears decimate it in one go. I believe if we break...

RaizenR

Another triangle, this shows a bigger form on the 4h, i am bullish on this but won't trade without any real confirmation.So far triangles work excellent and the golden lines are there, lets see !

RaizenR

Journal trading, as said in the previous post, if we break the golden line we go down, and possibly hard.We had former trendbreak and the historical line tested and broken for good, curious to see how much it will go lower, i shorted anyhow ! Invalidation for the short would be in the 112xx area. imgur.com/a/fAHVod0

RaizenR

trading journal, another triangle forming, courious how it's gonna end, we got ex resistances which still represent important parts of the chart, the sacred golden lines near, curious how it will play out. Judging PA seems like sideways action for the moment

RaizenR

journal trading

RaizenR

As you can see here, lines and triangles are working perfectly with btc, i posted this solely for the purpose of journal trading