UnknownUnicorn13326052

UnknownUnicorn13326052

Since the 200 SMA is respected and the trendline I drew is broken, I take a loss from my position in my recent idea (see the link to related ideas). I lose a little compared to what I will gain this day. This is very bearish and we might get a big dump later this day. The DMI indicates that: 1. -DI is going above 30 level and it is above the ADX and +DI so this...

UnknownUnicorn13326052

Bitcoin seems very bullish today especially if the 1 day candle will close with a big green candle and small wicks. 1. We can see that the bitcoin price breaks out from its falling wedge in 4 hour timeframe. (Some will see the pattern as a descending triangle.) 2. The price crosses upward in the 200 SMA in the 1 hour timeframe. As long as it stays there, we are...

UnknownUnicorn13326052 Updated 

Here are the list of why I'm buying based on 1 hour timeframe: 1. +Di is above the ADX and -DI. 2. As of now, we can see that the -DI will go below ADX which is very bullish indicator. 3. The slope of ADX also counts. The slope of ADX is preparing to go higher. 4. The 25 SMA and 100 SMA will cross. It is very short term and the trend can quickly reversed...

UnknownUnicorn13326052

The -DI crosses below the ADX. That means profit taking for me and I'm looking for opportunities in 1 hour and 4 hour timeframe if it comes. From now on, I am gonna wait for potential buying opportunity. Check my related ideas. Sorry for hyping a 14k bitcoin haha.

UnknownUnicorn13326052 Updated 

I analyze daily and weekly timeframe. Here are the list why bitcoin will go down: 1. 100 SMA and 25 SMA is my indicator for reversal. It the recent rally, the 100 SMA and 25 SMA failed to cross for bullish reversal. 2. Support lines are drawn in my chart. It currently breaks the support line in 17.5k-18k area. It is headed for the next support of 14k. If you...

UnknownUnicorn13326052

I analyze on daily and weekly chart. Here are the list of indicators that Tesla is going down: 1. 100 SMA and 25 SMA crossover on weekly timeframe. SMA crossover is the first indicator I look for because it is the first indicator to show up. 2. Support line is being break by today's candle from the consolidation in the past month and the support from past few...

UnknownUnicorn13326052

I’m currently more inclined to go upward because we break the horizontal channel with a strong bullish candle and it just pull back. I add more position to my long position.

UnknownUnicorn13326052

I might take some profits in 26,500. If we break above the recent high, we will confirm the breakout. DMI still looks good.

UnknownUnicorn13326052

I made a mistake to see it as an ascending channel. The truth is it is just horizontal channel. I adjusted my 25 MA and 50 MA to 10 MA and 20 MA because it's lagging. It is still bullish for me.

UnknownUnicorn13326052

Currently listening to www.youtube.com See my related ideas for more info. If I'm wrong I will cry :(

UnknownUnicorn13326052

I'm changing my sentiment to buy if it breaks above the channel I go enter a long position.

UnknownUnicorn13326052

We clearly see the bulls are weakening and having a hard time to break above it. I will close my long position (see my related ideas) and will enter a short position if the MA crossover later at NY session or London session.

UnknownUnicorn13326052

Clearly a sell. We hit the resistance and we should go down. -DI will go above ADX and +DI. Close the position if the -DI goes below after the ADX after the -DI go above ADX and +DI.

UnknownUnicorn13326052

If the MA cross and the ascending channel broke, we might have a big rally to the upside. The DMI looks good because the +DI goes above 25 level and the ADX will go below the -DI which indicates a very bullish indicator. We also need to remember the confirmation that we need to break above the channel and the MA cross to be sure. But for me, I already entered...

UnknownUnicorn13326052

I recently take a loss from a trade (see the link below). The -DI also go below ADX on DMI which means the bears are losing control. There is a new support and I'm waiting for confirmation of the MA to crossover. I will enter a trade if the MA crossover.

UnknownUnicorn13326052

The is a short opportunity here if it breaks below 18.5k level we will find a new support somewhere 14k-15k. The DMI rejects the pullback in 4 hours chart. and we have really really big red candle. See you at the bottom.

UnknownUnicorn13326052

I’m entering a Short trade because it breaks below the trendline. The DMI is so very bearish on 4 hour timeframe, let’s see if we Will have a support on 18.5k.

UnknownUnicorn13326052

We can see that we go upward, but there is building of bear flag. I already closed my buy position. Check out my analysis in related ideas.