Bitcoin : Best or Nothing !
Updated
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Bitcoin 1W Chart Status :
The momentum seems to be weakening and we are below the fibonacci level 0.618.
Two Distributional (Gradual) sales signals have already been received.
Terminal Status in 32 Weeks
Why 32 Weeks ? :
Blockchain Data seems strong :
Other data have improved relatively well.
Transaction Volume needs to increase.
It is a phenomenon that shows great changes even during the day.
It is not worth burning ships just for this.
Terminal Status in Relativity Adaptive Period :
We cannot say that Blockchain Data is strong, but we can say it is healthy.
Bitcoin COT Position Status :
Summits have been tested.
Here, a decrease in prices and a stableness in COT Positions may create an appetite for risk, unless obvious.
I think this trade can be tried as 9292 Stop-Loss.
The parameters are written in the presentation.
I will wait for Levels <= 9584.4 under Long Conditions.
My Long Conditions :
- Long Signal
-Confirmed Trend Volatility Stop
-Non Overbought Area
NOTE :
Over 10458.4 permanence creates a new Long.
For a Short, I will wait under the 9000s.
The previous Sale region was 10458.4.
Best regards.
First of all , if you think this analysis is useful to you,
press the LIKE button after read )
More importantly, let's get into comment sharing!
Let's start.
Bitcoin 1W Chart Status :
The momentum seems to be weakening and we are below the fibonacci level 0.618.
Two Distributional (Gradual) sales signals have already been received.
Terminal Status in 32 Weeks
Why 32 Weeks ? :
Blockchain Data seems strong :
Other data have improved relatively well.
Transaction Volume needs to increase.
It is a phenomenon that shows great changes even during the day.
It is not worth burning ships just for this.
Terminal Status in Relativity Adaptive Period :
We cannot say that Blockchain Data is strong, but we can say it is healthy.
Bitcoin COT Position Status :
Summits have been tested.
Here, a decrease in prices and a stableness in COT Positions may create an appetite for risk, unless obvious.
I think this trade can be tried as 9292 Stop-Loss.
The parameters are written in the presentation.
I will wait for Levels <= 9584.4 under Long Conditions.
My Long Conditions :
- Long Signal
-Confirmed Trend Volatility Stop
-Non Overbought Area
NOTE :
Over 10458.4 permanence creates a new Long.
For a Short, I will wait under the 9000s.
The previous Sale region was 10458.4.
Best regards.
Trade active
And look at that beautiful poem? : ))
Trade active
Hey! We re on 2nd trade with Long Signal and Oversold Zone and 9584.4 seen ! Trade started!
Note
9292.9 Stop-Loss OrderTrade active
We re on TP1 : Over Fibonacci 0.500Note
TP1 : 10243.8 Those who desire can close position.
Note
TP1 is completed. (Fibo 0.5)But I don't know if Stop-Loss blew afterwards.
Close values appear, almost the same.
If not, my TP2 target is valid.
Trade closed manually
The trade reached 700 pips with the option number 2. (TP1 Reached)Currently, the stop-loss has not exploded, but the picture has turned negative, and will be shared again as a new idea.
Note
Next movement will be shared as a new idea. So i prefer no trade right now.
Note
Next Movement : 
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