alexcph

alexcph Updated 

Whats up Traders! I want to show you a trading opportunity with LENDBTC that just is in the middle of a W bottom pattern. Daily TTM Squeeze just fired. We've had a volume spike in the last couple of days which is good. We are also just above the Volume Profile Point of Control. Usually when price goes towards the POC it has a harder time passing through it, so...

alexcph Updated 

So here I want to see how these fractals play out while also using the Accumulation/Distribution indicator. Its interesting to see the divergence on the indicator versus the price action marked by the red lines. This is for theoretical purposes only. We are still in a bearish market but this could possibly be the beginning of some sideways action for a while. I...

alexcph Updated 

Whats up traders! We have now made a 50% retracement of our run up from the bottom. But more importantly we have hit the 200 moving average on the Daily chart. As a rule of thumb when we hit the 200MA on the Daily we should always go long. Volume has now also dropped off on this last push down, so Im going long. I only opened up a small position for now, and...

alexcph

Might be a H&S forming on bitcoin right now, as volume seems to be following the pattern. Putting this here so I can click play later. Green box is good support area on multiple timeframes. Target of H&S if valid is the 12h Kijun on double settings Ichimoku, which makes it more interesting as well. Lets see how it plays out.

alexcph Updated 

Hello Traders, Just want to start a quick update on the current battle that is going on on with BTC. Its a very exciting and possibly deciding moment as we are up against major resistance. Im using Ichimoku Cloud to show us the way. As you can see on the 3 Day chart, we bounced off the 3D cloud after our massive correction and then entered it to then follow it...