Zulu_Kilo

Zulu_Kilo Updated 

Gray horizontal channel is the current trading channel. We also had a descending channel and a triangle formation play out. My initial thoughts are that the middle of the trading range (or the top of the formations we broke out of) will confirm the legitimacy of the breakout. We broke out of the gray trading channel with upthrust on high volume, but immediately...

Zulu_Kilo Updated 

I believe our local correction is done. We are looking for an impulse up and for the futures market to cover gaps. There are two different scenarios to consider: Scenario 1 (YELLOW IMPULSE WAVE SETUP): We do not go higher than 53k, make a lower high and never breach wave 2. This is overall MORE bullish for BTC than if we make a higher high here. The reason is...

Zulu_Kilo Updated 

What threw me off so much was the fact that the last swing high (Wave B) went above the start of Wave A in the zigzag. That was NOT supposed to happen. Technically that was an EW violation, but the pattern still played out. With that said, we have corrected with an impulse down on wave C that has finalized. Wave 5 in the impulse was elongated but ended exactly at...

Zulu_Kilo Updated 

These are what I call "SCAMDLES".... They totally made it appear like the correction is imminent only to throw the price over everyone's stop loss up top... They'll still crash the price down super fast, only to push it right back up. This is why Bitcoin or crypto in general is never going to be accepted by the government. And if the people manipulating this are...

Zulu_Kilo

Re-calibrated the correction a bit. I no longer believe we will be going (much) below 47k. The two zigzags seem to be converging on the same spot, so the best place to go long from is going to be that range is what I'm led to believe. At any point, if we go above the higher high near 52k, stop loss immediately. While we could go all the way up to 51.5k, this is...

Zulu_Kilo

Guys, things changed just a bit for me. after reviewing the tape. The correction is more of a complex zigzag correction both on a larger timelapse and a shorter one. (So basically 2 zigzags inside of one another.) Wave B is going to take us up to retest the highs, while leg C should retrace to 1.618 of Leg A (I believe will test the bottom trendline we broke out...

Zulu_Kilo Updated 

Plan is going pretty much as planned from previous ideas. Long term 5 impulse move down is currently about to reach wave 2 sometime today. Otherwise, this small impulse move within the range, making up wave 2 to the upside is currently about to finish wave 3. Retrace to wave 4 and wave 5 is expected to terminate outside of the descending channel, then crash...

Zulu_Kilo Updated 

My previous targets are just about reached. I think this is a golden opportunity to go long again. We are in an ending diagonal on small timeframes and is usually a clear indicator (along with momentum divergence) that wave 5 of the smaller corrective zigzag ending impulse has been reached. Long this back up into the $50,500 - 51,000 zone again and get ready...

Zulu_Kilo Updated 

Doing some extensive EW modelling. Based on all the evidence, we are in Wave B of a zigzag where Wave C will end at 44k. Wave C of a zigzag is usually fast and has momentum divergence, which we already have. Therefore the next likely candidate of the next move is the 123.6% fib. This validates the original trendline that we never retested, which is BELOW the...

Zulu_Kilo Updated 

SL is $49554. Please NOTE (this is kind of important because of all the price differences between the exchanges) that the prices in this idea are bsed off of Bitfinex BTCUSD and NOT BTCUSDT (Tether and non Tether prices are very different). The idea CAN be applied to any exchanged prices, but please have the correct set up.

Zulu_Kilo Updated 

Traders, I wish I could have taken this trade if I would have had my "3 PUSH" trading system already up and going at that time. This would have been CRAZY gains on a short trade!!! The trading method is super easy. Profitable. Has clearly defined stop losses and take profit points. Works on just about any timeframe. Great system for scalp plays also. No other...

14:39

Zulu_Kilo

Last video of the 3 push trading system. Just gotta be patient with it. We have some great setups on BTC in this one. I go through step by step on the hourly timeframe as well.

20:00

Zulu_Kilo

Part 3 is coming up. Please watch part 1 if you haven't already.

15:33

Zulu_Kilo

This is part 1. I will show you guys some good winning setups in part 2. I apologize had to split this into separate videos because my screen kept glitching.

Zulu_Kilo Updated 

So guys I started doing this new method of trading, and it's amazing because it works on the 1 minute, the 1 hour, the 4 hour, daily, monthly... You name it, it works in all scenarios and timeframes. I'm not saying you will never ever ever get stop lossed. We use ATR as our stop loss, ATR will be specific to each individual timeframe. After doing some...

Zulu_Kilo Updated 

Man this has been an extremely hard area to chart. One of the other things I was really missing was a moving average foundation on my charts. Between MAs and volume, it tends to give a much clearer image of where testing was, why the secondary test has ended, etc. As you can see we have strong bullish movements off the 20 and 200 MA, nice strong green candles...

Zulu_Kilo Updated 

I'm getting better and better at recognizing Wyckoff accumulation and distribution channels. I've realized one major asset: WYCKOFF CHANNELS ARE NOT ALL STRAIGHT like Wyckoff schematics make you think. They take forms of ascending and descending channels as well and they all mesh together and work in conjunction with one another. Multiple distribution channels...

Zulu_Kilo

Best as I can tell, the Wyckoff accumulation range is starting to set up here. It was not as dramatic as I first thought, however, the price objectives remain similar. I am doing Wyckoff schematic modeling on these. We had distribution an the ascending channel, and we are now setting up for accumulation on the descending channel. The resistance levels (based on...