Long

Updated

Weekly Bullish Candy set to cross ATH this year

Hi all,
I am back with another and probably last and only chart for next 3-4 months. As title suggested, I am expecting bitcoin to cross ATH this year if all set within next 4 months or less. This is a very long wave to trade and below are the new trade setup details:

Trade Set up:
Entry < 9600
Target > 19400
Stop loss < 7900

Note that I will be updating this chart for tiny moves and won't be making new chart for next few months so like it and follow if you want to know the updates.

Best,
Budha

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bearish with lack of trend and volume may or may not result in dip, but when we are riding such a long wave we need patience to wait and courage to hold during the tiny dips

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Daily turning red can lead to some decent dip under 8500s but it is not mandatory or not advised to trade as bulls may explode anytime without warnings however note that there is one possibility for the dip to pull the volume in. My Suggestion is buy only above 10k in the direction of the move if you cant have a stop loss like I mentioned in the trade setup

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As updated above be prepared for some dump too but be aware that dumps are temporary but trend is permanent this is why patience is so important when trading

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if tried to dip under 9260s but failed, so if not dipped much from here we could see a pump wick today

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so far bulls failed, bears failed....One last time bears can show their power. Don't just panic if it dips and enjoy the show. If failed here bears will not have another chance so they may try hard

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I just feel with my intuition some bull whales got into market which may result in some pump from now untill the weekend. Time will answer if my intuition is correct or not

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Note : Above update is not advised to long although I see bulls in the town, as mentioning from few updates long above 9700-10k if you cant afford the huge stop. I say this because those big bulls can some time take minor loss to sell on market which can even dip the market. Saying that I believe in my intuition that this weekend gonna pump.

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this is the best possible area any one can attack bears, Bulls if failed to pump here could lead to a massive dip.

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is one of my fav bullish set up

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we hit 9500s from my fav bull set up as mentioned above and now it is looking very good which may actually pull some volume in

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We hit 9650

and still looking good with tiny retrace possibility but I highly suggest stay away from shorting as chances to explode are also high. I will update in case I find a shorting opportunity but for now it is advised to long or stay in neutral to enjoy the show

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We hit 9750 post tiny retrace to 9540 and may retrace a little here for some rest but as I have been saying don't short with hope it will dip. Hope is great when it is matched with reality otherwise hope with greed is misery

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Just noticed

So if it retraces or not we will have a some pump coming that takes BTC price above 10k (dont surprise if you see 10k tomorrow). Be vary of it and keep yourself way from temptation to short...I say this again and again as I know some bad habits of early traders :)

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I am seeing a good fight between Dolphins and Whales. Price can go any direction but I am favoring long when whales take over we will see above 10ks in few hours or couple of days

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may dip very little just to pump back as it is very expected during slow trends

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As updated above some tiny dips very likely and we could see that prices dipped almost to 8950s and bounced back at 9300s fora fight.

Bulls shall fight here to take the control but bulls will gain theor momentum only above 9600s so next 9600s will be a good pump and some good news is tiny amount of volume got into market

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looking good here for reversal on that tiny dip

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Yesterday ended so well with many positive intakes. New day started with buys. Hoping to see a slow and steady uptrend from here :

Note that buying here shouldn't be a huge problem and just make sure your SL under 8700s

Best,
Budha

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After few dull weeks there are some chances to pump here

welcome to new week

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After my above update it just pumped to 9250s and retraced down. However there is a good or bad news : "Welcome to new month"

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back tested jan-mar 2019 data to see how close the side way actions are:

Both are very similar. We may need to wait few more days or weeks but it gonna explode to new highs

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Hi all,
I published a post about covid cases please check it here:

End of Covid Virus had begun. Great good times ahead

I will continue BTC updates soon, I am still long on BTC and strongly discourage people from shorthing.

Best wishes,
Budha

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Could be an excellent long opportunity here

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Be cautious bitcoin may break 9k in 3 days either to 10ks or 8ks but some movement is very much expected

Trade closed manually

Due to over a month of side ways I am closing this chart and I will be coming soon with my new chart

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longing here should be fun. I couldn't find time to make new chart but hope I make one soon

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Sorry friends I am not finding time to make new chart so updating here :

we hit 10200 today and we can wait here for couple of days before next pump

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an excellent day so far

Trade closed: target reached

bitcoin can get back to 10ks or rest here. If you longed under 9600 you can lock your profits or can wait with patience and stops. I wont be active with charting anymore as I have few btc saved in my wallet and I will be focusing n my new project without reading. I wish every one best of Luck

Trade closed: target reached

Hi all, I don't want to update this chart anymore but since couple of people ask I am giving an update. We hit 12k and retraced untill 11k. It is looking extremely bullish but I advise long only above 11700 and untill it reaches 11700s keep waiting else stay away from long.

Best regards,
Budha

Note

Hey all,
I am back from vacation after 2 months and hope you all enjoyed a great sideway action. The above chart is not valid anymore and I will be making a new one in few hours.

Peace,
Budha

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Hi all,
I come up with new chart please find here :

Thanks,
Budha

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This Chart worked so well. Early weeks of october due to slow movement I predicted a small dump but that is also because I was not actively involved in bitcoin trading so I unintentionally went biassed towards bears however bulls gained good momentum. Thanks to Elections that helped bitcoin this huge rally

UnknownUnicorn6209745

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UnknownUnicorn6209745