WuiYang

WuiYang Updated 

I believe ADA has established a new Trading Range (TR) after achieving its all time high support in the much bigger time frame.

WuiYang Updated 

WIth the amazing help from Elon over the last 2 weeks, BTC has finally achieved its new ATH. If BTC manages to find support over the upper bound of the Trading Range. BTC could potentially be very bullish over the course a few weeks. All technical indicators including William Alligator, T3, ADX on the bigger timeframes are still relatively bullish. Trade sfe.

WuiYang

Whats going to happen in 2021?

WuiYang Updated 

Haven't posted in a while. Quick observation on the 1D chart cycle, we have observed a cyclic 50D cycle and I believe this pump is nearing the 50D mark. Furthermore, the 13200 - 13800USD resistance evelope has been challenged various time wihtout a proper breakthrough. Shorted since 13160USD. Those on long positions, be slightly more conervative. Happy Trading.

WuiYang

Been a good rally over the past few days with Bitcoin prices shooting back to 10k after so many months. A short position was taken after the formation of the double top (a relatively strong double top). The uptrend has also completed the 5 wave cycle and is due for a short term retracement indicated by wave ABC, assuming the 9563 to be Point A, we should expect...

WuiYang Updated 

Managed to scalp the BTC price development last night when the double bottom formed at the 0.5 level of the Fib Chart based on the 30min timeframe. There were also multiple entry points such as the breakthrough around 0.318 level (8750) and the retracement on Point 5 (EWT) when the upward momentum come to a halt for a short retracement. On the 4 hour...

WuiYang Updated 

Outlook - Just managed to get my computer back over the weekend. I have traded during the weekend based on the Gartly Harmonic pattern that I have plotted on the 1hr chart. Executed a short order around 9130 from the start of the PRZ zone right until the 0.382 retracement line that I have drawn from the previous retracement cycle. This coincides with the double...

WuiYang

Let’s first relook at the 1D chart. There are a few key indicators we will need to be relatively careful of. As time passes, MA(144) has continued to develop, making the 7877 price point a relatively important resistance line ever since the plunge of BTC prices. The 7877 price point also coincides with the 0.5 level on the Trend Fib Retracement chart drawn on the...