3k is my number now but it will probably change over next weeks once i have more info from the market. I dont like to predict "long term" and i always look at my next move which now is a buy order around 6k. NO ONE KNOWS WHERE IS TRUE BOTTOM, but we can use data from the market and prepare for our next move with lowest possible risk to reward ratio ! Stay safe !...
Im still waiting for 1-2-3-4-5 structure to complete around 6k. Will jump in for short term swing (few days into wave 2). More details in next and last video of today ! Happy Holidays!
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Hey guys... been a few day since doing a video, so I thought I would highlight why I believe being mindful of weekly levels are extremely important to your trading plan. While I think indicators can be useful, personally, i'm trying more and more to minimize their use and stick to price action along and limit the amount of time spent in the charts. As I have...
In this video I recap the BTC moves from Friday and cover what might playout in Sunday BTC action in Asia. A few notes: The runup on Friday I do not believe sellers particpated I am still long on BTC at the moment This could be a consolidation phase Has to break 9K strong FOMO range is 9200-9400 10K still heavy fight and psychological number
My update this evening on BTC. As mentioned in my linked post below, i mentioned price action would likely pull back to test this fib level and at present we are sitting pretty much right on it. I'm actually expecting price action to break a little lower. Possibly th $8200-$8400 area before we start to see price move up a bit. Give a like and leave a...
Here I outline where BTC has been and also where I see it going in the next day as the Asian market opens. I do expect a small retracement, happening now possibly and then support to kick in. Then some strength to the upside. Of course if that changes we'll be trading the price action changes but it appears to be playing out that way. Expect res. at 8,8 and 9,2...
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Short video with my opinion on BTC. I'll be watching for a slight downside into a fib level, which should hold as support and for price to move back higher. I also, go over a little about supply and demand and layout a general concept of it. Anyway, i hope you enjoyed... give a like and leave a comment with your thoughts.
Here is my BTC USD update before the Thursday asian open... ah, how can the market open when it's always open... okay after the majority of non lazy traders get up in Asia (you know who you are...). Already starting to see some of the retracement play out a bit here. Looking for a 2-4% retracement to shake weak hands. Support to step in and then look for long to...
Here is my BTC update. I'll work on making these more concise and also follow a standard process. I do these quick when not recording a video but when I record a video I like to explain a few things or what I'm looking at. Bottom line. I expect a retracement on bTC maybe: 4-10%. We look to layer in buys 8000-8100 and below 8 if it does test that level. I'd say...
Hello everyone, today BTC is forming a flag on the 4h and it will either be a symmetrical triangle or an ascending triangle, we need more time for it to play out. In the video I describe ideal entries and stop losses, as well as how to set your own stops and trail them as needed. There are some key levels to break for the bears, one being 8088.4. Resistance for...
My Market Report on Bitcoin This is not market advice or trading advice.
Hey everyone, another daily short update on BTC. The market has been slowly downtrending with random pops in either direction of several hundred dollars/ USDT. Binance can't seem to handle even these spurts of activity that well, as the whole server freezes up. I can't imagine they'll fare well when the big money starts to return. Watch the video and see how the...
If this analysis is good then, BTC should go up 65% before July - August
Another quiet weekend, folks. Even Bitcoin is relatively quieter today, slowly bear flagging/ stair stepping downward, no outright dumps today. Seems even the bots are sleeping. Are they dreaming of electric sheep? BTC is in a tight area, looks oversold but has room for more downside. I found an ugly leaning head and shoulders pattern on the 4H which appears to...
Good evening, everyone! Roti here, talking about magic random number generators again. BTC-USDT Binance | We appear to be repeating history with the left shoulder of another reverse head and shoulders pattern forming, most of the market right now appears to be trading bots talking to one another and freaking out every time a whale dives in. It’s eerie how...