As in my 
ETHUSD chart, this 
BTCUSD analysis focuses on Timemode signals. We see multitude of signals aligning here, and it's no small deal.
Once we move up from this zone -if we do-, we will have multiple high probability signals indicating we hold long exposure, and even add to it, asBITCOIN prices soar. Once we reach the 6475 mark things get interesting, specially if we hold above it.
Let's see how things shape up.
Best of luck,
Ivan Labrie.
ETHUSD chart, this BTCUSD analysis focuses on Timemode signals. We see multitude of signals aligning here, and it's no small deal.Once we move up from this zone -if we do-, we will have multiple high probability signals indicating we hold long exposure, and even add to it, as
BITCOIN prices soar. Once we reach the 6475 mark things get interesting, specially if we hold above it.Let's see how things shape up.
Best of luck,
Ivan Labrie.
Note
Weekly uptrend now confirmed in #BTCUSD, targets on chart (cyan boxes), as long as holding above 3630 we're good to go during 7 weeks Trade active
Note
Notice price dropped on the day the daily Timemode trend signal time expired...today.Trade closed manually
I think we may drop once more, one last time, sentiment got too positive here, reminds of the time we botomed at 6k, and then traded sideways extensively. I'm gonna sit it out in cash. Watching weekly developments. No rush to buy back and hodl, for now.Note
Price hit the daily target but might fail to reach weekly targets on time, this makes me think we will retest the cyan box level, or even tread below it briefly, to make a final capitulation bottom, could be lower or a higher low.We need to wait two weeks until the first week of April to look into buying back into our crypto positions, by then, we will have a very low risk buying opportunity
I'm currently in cash in crypto accounts.
Note
Looks like a short term top here...or intermediate term.Last: 4012.37
Note
Trade active
Actually sent an update to my clients to exit the hedge and buy back when ETh and BTc broke the high of two days ago (roughly $8 loss per ETH).Note
Weekly #BTCUSD is trending, target #1 hit ahead of time, but may march towards target #2 soon, also aligns with the target from the biweekly downtrend expiration (6427.16)
Note
The next 2W bar in #BTCUSD will trigger a long term trend reversal confirmation signal, further strengthtening the bullish thesis Trade closed: target reached
Nailed this, see up to date publication.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.