x45lu

x45lu Updated 

Hello Traders, If you follow my Bitcoin analysis, you probably know that I gave early warning about potential Bitcoin dip this morning. $6500 is definitely a becoming a major resistance and Bitcoin needs to go above this level in order to have trend reversal. However, this does not mean that you can't make money. Bearish breakout is as volatile as bull market,...

x45lu Updated 

Hello Traders, This will be somewhat high risk trade, so do at your own risk. Entry 1: 971 -> Exit 1: 1017 Entry 2: 1000 -> Exit 2: 1044 Entry 3: 1017 -> Exit 3 1061 In total, you should have at least 15% profit. Again, if you are not familiar with swing trade, please do at your own risk. I will have a lot of stop loss/limit for this trade. Happy trading!

x45lu Updated 

Hello traders, If you have been following my previous thread, I have been warning people to trade cautiously in past 24 hours, as I was not convinced by the inverse head and shoulders breakout. Looking at the hourly chart, every time Bitcoin went above $6500, we do not see large volume, which tells me that those breakout are fake. However, I believe that...

x45lu Updated 

Hello Traders, After a month long of bear market, Bitcoin is finally showing a sign of recovery again, and there are several indicators that backing up this idea: 1) High volume: if you look at the daily chart, we see that there is a very high buying volume yesterday. As a matter of fact, we did not see this much volume since April 24th. This usually means...

x45lu Updated 

Hello Traders, I will be closely monitoring coins coinbase is exploring in adding to their exchange: BAT, ADA, XLM, and ZRX. For this one, I will be analyzing BAT in both long-term potential and short-term swing trading ideas. 1) Long-term: Looking at the daily chart, BAT recently had the bear breakout from the symmetrical triangle pattern. Technical speaking...

x45lu Updated 

Hello Traders, Icon just had breakout from key resistance with good volume. I am looking for quick 10% profit within next 24 hours. Entry: 900-910 Satoshi Exit: 1000 Satoshi

x45lu Updated 

Hello Traders, Are you freaked out why Bitcoin is going down? Are you planning on selling your bitcoin when the price is this low? Well, let's look at what happened for gold before the ETF was accepted back in 2000. As you can see from the weekly chart, the candle structure looks oddly similar to what we have in Bitcoin. 1) All time high 2) Correction 3)...

x45lu Updated 

Hello traders, Here are the list of alt coins that I will be looking to short if it goes below the support line. XRP (Ripple) Ripple is currently at 5300 Satoshi, and if it goes below this support, then next support will be 3500 Satoshi. IOTA IOTA just lost key support at 13000 Satoshi and looking for support at 8500 Satoshi. RSI is in oversold region in...

x45lu Updated 

Hello traders, This is just a interesting findings. It seems like someone is moving their asset between Bitcoin and WEED stock in past half a year. When ever bitcoin goes up, WEED price does down, and vise versa. WEED just broke key resistance and looking for trend reversal. Because money are flowing into WEED, 6K Bitcoin is now on the table again.

x45lu Updated 

Hello Traders, After the Bitcoin crash since yesterday, I strongly believe that alt coin is coming now! Majority of alt coins are oversold and Bitcoin is also oversold. When both alt coin and bitcoin are oversold, that means alt coin is extremely cheap and it is a great time to BUY! So here are the list of alt coin that I like based on the technical analysis: ...

x45lu Updated 

Hello Traders, After the release of mainnet on June 30th, Tron have been in the bear market for almost a month and half now, and I start to see the sign of recovery. Looking at the daily chart for Tron, I see that Tron is finishing ABC correction wave and also looking for the double bottom formation. Personally, I still think that we will see some selling...

x45lu Updated 

Hello Traders, What is happening to the alt coin market?? If you have been following my postings, I have stopped posting technical analysis for alt coins in past 2 months partly because I do not see any profitable set up. Looking at the daily chart for Bitcoin, EOSBTC, XRPBTC, and TRXBTC, there is actually a very interesting pattern that not a lot of people...

x45lu Updated 

Hello Traders, Looking at the 4 hour chart for Bitcoin, Bitcoin has traded in a sideways manner in last 60 hours. After Bitcoin reached monthly high ($8488), the price consolidation has neutralized the bullish outlook. There is a clear resistance around $8300, and support around $8069. After spending the weekend in the narrow range between $8100 and $8300, we...

x45lu Updated 

Hello Traders, Yesterday, I posted my technical analysis suggesting Bitcoin may retrace to 7.2K in order to complete the inverse head and shoulders pattern, but the breakout from black downtrendline invalidated my theory. As you may recall from my previous analysis, I mentioned that there are many similarities between yellow box region and blue box region and...

x45lu

Hello Traders, As you recall from my analysis, I mentioned that my target for my initial trade is $7800 (trade closed: 7789) which is the resistance level for potential inverse head and shoulder pattern. Looking at the daily chart, Bitcoin is at triple resistance point (black down trend, purple up trend, and orange horizontal resistance). When I see this many...

x45lu Updated 

Hello Traders, As you recall from my previous analysis, I set my target to 7.2K and it reached my target way earlier than I anticipated. Looking at the daily chart, Bitcoin just broke 6.8K resistance level and had an explosive rally up to mid 7.4K. So the question is where are we heading from here? This is just purely based on my prediction and technical...

x45lu Updated 

Hello Traders, Looking at 4-hour chart for Bitcoin, we start to see the inverse head and shoulders pattern is forming. Currently, Bitcoin is sitting at $6600 resistance and we should expect some minor up and downs between $6450-$6600 range. (RSI oversold) After this accumulation phase, Bitcoin will retest $6800 level, which has been acting the major resistance...

x45lu Updated 

Hello Traders, I am sorry that I have not posted anything in the past month. I stopped trading for awhile as I was waiting until I see profitable signals. Looking at the 4-hour chart for NPSX, we start to see bull divergence, which is the good indication for trend reversal. Here are my target for this trade (there are some swing trade opportunities, but...