Long

Updated

Bullish engulfing confirmation

Plenty of data in place low volume in process in order to create a major bull run. Liquidity established above. Whales are pushing the price up soon the selling side of Smart money will idolize the sells. I’m using the dip zone as guidance, there’s a tendency, where crypto begins to move up in the dip zone area. Bearish doji with engulfing two candlesticks.
Four hour time frame squeezed into a one hour timeframe to show 4hr pivot calculation.

Note

Zoomed in to show bullish engulfing 2 candlesticks.
Read comments.

Note

Mates it’s ready: whales are almost in agreement to push the price up more.
In about 10 minutes selling should idolize on the whales division. Meantime the buying side is huge.

Note

Bullish engulfing may bring BTC to around the 50k zone. If this happens.
Be ware: there can be war between all groups:
1. Big money
2. Small and large institutions.
3. Whales
4. Retail traders of all kinds of all sorts of small fish
5. Sharks

History has shown:
Retail traders and institutions will push the price up big time while whales are still involved.
The smart money selling side will be ready to make the move to entice those who entered late to start the low volume process meaning many traders will sell for losses so liquidity may get established.

During the process while the selling dips it to a high low other groups will enter to push to a higher high.
The end before a dip will bring a high.
If ya get what I’m saying. Engulfing brings a picture as if it was a WW2.

Note

Mates, if the low volume I’ve spoken about before has not confirmed a rocket launch in my data. How supremely will this turn out.
1. Engulfing = massive bull run
2. Whales low volume = supreme bull run

Two confirmed bull runs.

Note

DXY is negative, NYSE is plunging, coinbase stock traders are joining back in the game right on time before the launch while other traders are still spectacle.
Consumer price index still positive. Wall Street30 and real-time data positive.
I have no doubt NYSE is reacting to DXY being negative.
Seems when the dollar goes down NYSE goes up or vice versa and crypto follows 90% of the time in their direction (not that it’s linked to it). Everyday reads differently.

Note

It doesn’t surprise me if BTC has not launched higher than expected.
It’s waiting on low volume which will come by working together with engulfing. Engulfing is not a joke. It’s the real deal. Coinbase stock has a leverage meaning traders are not to confident in joining the trade. To much fear with trader ideas pointing BTC to the doom which will not happen yet.

Update on the whales: they are not willing to push to much the price until more traders join the trade in order to create the low volume.

May take days for engulfing to end.
At least 5k plus
I’m trying to keep an eye on bluffs.
I also would not be surprised as it moves up smart money will dip a little cause more traders to exit regarding the low volume they want in order to create the spark for the rocket launch.

Note

ATR is at $46,201, that’s it’s true value. Reads safe, I show the bearishness pointing downwards. Will recover and keep moving up based on quick critical data.
Smart money is moving it slowly up for now. I’ll explain later why. Meantime I don’t see a reason to panic. BTC is in good shape

Note

It’s a dip bluff as I mentioned this earlier morning

Note

Remember, I mentioned a few times, low volume is being created. This is the way whales make money. They can’t spike it until then. I’ll update soon.

Note

I told ya it was A BLUFF.

Note

I’m sure now ya can gain my trust.

Note

The up reversal I spoke about yesterday, I had mentioned it was paused, I’m seeing it activated at 6:am pacific time on 1/10.
As of now it shows BULL POWER with BULL FORCE.
Think of the engulfing as a NITRO BOOSTER.

FYI: important to know: we have a warning, no low volume as of yet from the whales, besides what BTC is adding to value, the low volume once confirmed, usually explodes within about 3 to 5 days after. That means more value.

It makes sense BTC moving up with engulfing confirmation but what worries me is I NEED TO SEE THE LOW VOLUME APPEAR IN MY DATA.
As long as I don’t see it, we have to be watchful: sometimes if smart money doesn’t brake even, and if not enough traders are selling for losses, they will plunge it due to ANGER GREED then they will try another bluff dip to try and make traders sell for losses. They may even idolize BTC. So for now, easy Peezy, any dip without the low volume usually will be a bluff.
Once low volume is confirmed then we must expect BTC to accelerate to the next level.
Then comes a big huge dip before it moves up again.

Note

Small dip on a 15 min time frame,

Note

BTC is still looking good, NO PANIC

Note

Money flow index and price volume trend are below its max meaning BTC has not ended it bull run

Note

There is liquidity they might want to sweep to as low as $45,932. Not saying they will. It’s a might meantime BTC still in tact

Note

15 min may be about to end regarding the dip

Note

On a 1 hour time there is a bearish harami, should not dip. There is 41 minutes left meaning BTC may zigzag within the time until it breaks out of the BEAR candlesticks. Of course it’s the law of crypto but whales may decide to plunge

Note

BTC is close from having a low volume, I’m comparing to histogram columns. To be clear it’s not the general volume columns. I’ll update once I see

Note

Btc might plunge up until 12 midnight, not sure what time. Going by what I see. If there’s a change ill update

Note

Will recover, 30 min shows a small dip but overall shows bullish move is not over.
Remember low volume is still in process

Note

I finally show a retest coming soon with more information. Don’t panic, smart money is demonstrating by bluffing causing traders to sell for losses. Those are the fishes they want. Sorry to put it this way.
Low volume is being created, BTC is preparing for a bull run, the big one.
I show an explosion wave above the weak wave.
From 1/9 at 11am pt has been on the up move.
I show BTC can’t fall below $46,021. This value is right below my bullish order block meaning the candlesticks will bounce right back up if there was a dip.

Note

FYI: on my 1hr, I show no lesser than $44,717 but my ATR is showing the true daily value at $45,310.
So what weighs more? ITS THE ATR. ATR Is 95% correct.
I’ve learned to NEVER trade without ATR. I see it as a back up incase there’s a fall.

Note

I will create a chart using ATR pips, this will give you a wider forecast. One for a downtrend and another for uptrend.

Note

Bluff

Note

Let’s keep an eye on $46,021which is right below the bullish order block. As I mentioned, must bounce right back up.

Note

Received a pullback signal, will recover, this has nothing to do with smart money. This are general retail traders selling.

Note

It’s not crashing.

Note

Some big purchases by the whales. Time to move up.

Note

It was dead for some time, no signs of them and so they suddenly appear through their numbers.

Note

I have a feeling this rally will get going soon., 15 minute chart has declared end of dip.

Took 7 hours since previous update on a 15 min time frame dip.

Note

Mates finally, whale power, wow what will Millions of dollars do.
Every 3 minutes I’m getting an update on whales involved buying millions.

Note

5 hours ago, we did not know what time would it take place for whale involvement, we are a little over an hour before 12 midnight pt.

Note

Soon the engulfing candlestick will reactivate, it only deactivates once a large dip takes place. Soon we should have that low volume the whales are looking for.

Note

Don’t fall off that BULL cwilson7147:)

Note

A lot more to go mates, the smart money data is much larger than the selling side and Keeps growing, I’ve matched this with a 16 candlesticks forecast along with historical, and current analysis previously.
Each time frame reads what will happen sooner to later.
Once ya get to know me more, my main theme is SMART MONEY MOVEMENTS.
We can plan all we want with any analysis but it’s always smart money making the real choices.
I’ve mentioned this before; smart money is a clever very well studied groups whom hold revenues in millions to billions, they hide behind the scenes and do what they have to in order to gain capital at any expense.
They make patterns for us to see through their money buys and sells. Let’s say you hold so much cash, you can buy by adding any quantity of value to a trade and push it high then sell just a little to bring the trend line down then buy again to move it up, I’m sure ya get the point.
Or if a coin is idle for some time, smart money makes a one time big trade pushes the price up then sells instantly to dip the coin while retail traders are buying late and remain in consolidation & some usually end up selling for a loss which is what smart money wants. This are just some examples of many.

Note

It’s forecasting to dip sometime soon but not a crash.

Note

Don’t quote me on this, BTC is showing a downward momentum. Histogram shows about a 2k dip but not confirmed yet, if your a short trader seek your own financial advice.

Note

No crash if that’s what worries you.

Note

Bearish harami in process but that’s up to the whales if they allow the dip.
This is my conclusion based on what I see.
Coinbase stock was positive then it dipped to negative. When it dipped BTC lost some value.
Let’s say retail traders sold and made great earnings. This will not please the whales, they will add more value to try and bring those traders back in to then make a great dip correction while enticing them or some.
I’ve seen it happen.

Note

Shows a dip to $46,002

Note

Next dip target is $45,245 may stick from this to $46,002

Note

After a dump next comes a pullback which I’ve been confirmed already.

Note

For now those are your safe targets mates.
$45,245 to $46,002. Within that range will bound back up.

Note

Im still sticking to my previous two prices, $45,245 to $46,002. Just for now, even though I see some positive information. I don’t want to release it yet.
I myself would wait first from 3pm to 4pm pacific time. Check your time zones.
I see strange movements on the smart money buying and selling. It needs to clear out first.

Note

I’m looking out hoping this is not a pump fake.
Long term traders are good, I would say even short traders.

There will be a time where BTC will dip big but don’t panic yet. We may have some baby dips here and there while on the rise. I can’t determine where it will end yet as I will be confirming, once I name the price, that’s up to ya to continue but I’ll still support you to the best of my knowledge.

Note

Good news is, 1 day holds to much value. I can’t wait to see how high will it be. While many ideas are talking about a dip since! I lost count. Well right now my 16 price action candles forecast is on the start mark for the bull.
I’ve researched back in history to confirm and confirms very solid.

Note

Since we have an uptrend, creating a long position pips Atr.

Note

Must see new updates idea.

Here is on what to expect on the most reliable method in trading; ATR counting the pips.
View two recent history ATR view the way it played out. Now compare to most recent.
The it’s just where it ends then I’ll have to reevaluate it again. I’m trying to avoid big dips and not give the wrong impression.
I will recalculate to a higher price once I have ATR pips updated.

Note

Who’s pushing the price up; not the whales. Institutions and retail investors.

Note

Within 1.5 hours, at 4:30pm pt. Around that time. A bull run is in preparing as of now within a 30 minute chart, may have some tiny dips while on the way or not but looks good. Keep an eye the ATE for guidance

Note

Correction ATR:

Also, smart money is keeping it simple, hardly any buys or sells means as their numbers begin to disappear from my radar, they may like yesterday repeat the dip bluff process before the spike. What they will do is not buy but sell to dip then the buying whales move in to buy.
I combining this two measures together. From my previous comment and this one.

Note

Let’s shoot for 12 midnight or prior. Mates I have a bullish contraction with a major reversal. Despite what I said in most recent comment update.

Note

New idea showing a bullish contraction with most recent equal lows.

The_ForexX_Mindset

"You hear the wind, but where does it go?"

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.

The_ForexX_Mindset

"You hear the wind, but where does it go?"