If you have been following me for a while then you know I am a huge fan of Double bottom & double Top, they are one of the simplest patterns that you can find on the chart, I have been trying to learn BAT/Cypher patterns & the only way to do it is practice So here's another one why I feel this is the double bottom is the cause of we have been seeing some...
#Super #Bullish as you can see on chart Ethereum has been trading inside a falling wedge on the monthly time frame, this is the time to start accumulating, I have been waiting for ETH/USD to come down in 12x range for few months finally we are here!! Ethereum/BTC is also giving the same signals, we are also forming a BIG Inverse Head & Shoulder on the monthly...
I am currently on a holiday & hence less active, this is what I am seeing right now on charts a possible Bullish Bat forming, 7525$ - we need to have good rejection on 4hr as well as daily time frames for this to work out. I am looking at possible inverse head & shoulder on daily & I am currently long from 7191, I am looking to close 50% around 749x rest if we...
WAIT FOR THE WEEKLY CANDLE CLOSE BEFORE ENTERING IN THIS TRADE. The plan is simple if we close with the Green Morning star Doji candle just like we have right now I will get back into BTC, ladder my entries till 6500 just in case & forget about this position for a month or so This is the same setup we had for #TRXZ19 If all goes well it will be one of the...
Looking at a head & shoulder in the making, let's see how it progresses. Also this is an important chart you should keep an eye on
First & Foremost this is Based on monthly timeframe please do not follow this for Bitmex or Any other leverage trading, This should only concern the INVESTOR or A swing trader who is looking to Buy Low & Sell High. Trade the market in front of you, not the one you want!!! – Scott Redler Whether you...
A long term view at btc, depends on where we have breakout, I hope it will be upside :D
will be waiting on weekly candle close, however, looking at some of top 10 alts on thee coin market cap it's time for them to bounce again meaning BTC dominance shall start tumbling down soon
I am expecting it to breakdown mainly because of our daily close last night. Depending on breakdown & retest you should enter in a position
Litecoin which always starts before any alts is giving out a good sign that Bitcoin dominance should take a breather soon, I am not 100% sure whether we will see 1000$ dump to do that but even staying in this sideways range for a couple of days will allow alts to start pushing. Best to start with the one who always pumps the best!! All Hail Litecoin
Bitcoin is still deciding it's next move, however, Ethereum is giving out some good signs to retest 190 level, long it till Bitcoin will decide it's next move
the only best setup i am looking at this one, at the current price i am not able to find us good R:r trades with us being hunted on the wicks.
looking at 4Hour rising wedge with targets of 10600 as per the pole length, Clearly market is still deciding which way it wants to move, Open interest is at 1Billion Dollars indicating that a big move is just around the corner!
Long from 10530 with target of 10800 Short it from 108000 with tight stoploss targetting 10338 or even more
Keep an eye on Rising werdge, Red triangle, breaking down, We are already short from 9300, if you are not then you can short on retest of triangle at around 9066