I decided to break down separately the Daily and weekly to show you my thought on the Longer term analysis and the shorter term analysis the way I see it. Looking at the weekly instead of the daily as I previous looked at the daily it would seem if we maintain current price levels to the end of the week above 43k we are back in bullish territory, There is a...
Accumulation at 33-35k we bounced off the accumulation (a lot of buys at that levels) hedge funds and VCs moving into the space seems to be where they are buying, don't sell them your BTC! They are hoping you do, as predicted in previous publication we went right up into resistance the more we test the resistance level the weaker it will become. Wedging...
We broke the down trend unexpectedly, was hoping for a rebuy at 30k sometimes you don't win them all. So we can assume the accumulation is around 33k-35k. Resistance level is from 45-47k a daily close over these positions would indicate we have enough momentum to continue into a newly emerged paradigm, an accepted positive paradigm and the super cycle with no...
Setting up for another short in the upcoming week on BTCUSD , achieved the first short 100% timing and target this week. Now onto the next one, ghost candles portray a crude projection the price action in the upcoming weeks. As we hit a new support level it is worth noting how far off the cloud we are, cloud should allow some bullish sentiment acting almost like a...
Two different thoughts here, first is what I believe will happen, there will be a bulltrap that is rejected off the downward trend which will a nice 40% on the short. From Feb 2nd to Feb 19th hit our ask and we will reach our 1754 hitting our asking short at 2896, it is a nice 39.84% in your pocket. Option two we will follow bitcoin which will hit 30k by Feb...
Setting up for another short in the upcoming week on BTCUSD, achieved the first short 100% timing and target this week. Now onto the next one, ghost candles portray a crude projection the price action in the upcoming weeks. As we hit a new support level it is worth noting how far off the cloud we are, cloud should allow some bullish sentiment acting almost like...
.74 $ nice stop loss, with nearly a 22% gain on the short. RSI may show some upward push in the short term DON'T GET WORRIED, but the ship is gunna sink down to the target. If alts follow $BTC then this will happen, don't fight it. Check out my BTC short idea to see the downward trend and compare to the XRP chart you'll see it.