Alt Coin Macro Total Marketcap Analysis This is a simple macro chart of the 1 Month Alt Coin Total Market Cap excluding BTC. In reference to the previous Kraken Wick BTC Dominance chart I did ( ) , I found it interesting that the month of February 2021 with the Kraken Wick is the same monthly candle that broke the previous Alt Coin Total MC ATH. Since...
Drawing my bespoke fib from the high of the previous entry to the new low allows me to scale in with a third entry at the 50% retracement level. Following the same process as the previous entries I now have 3R profit secured with more than a full sized risk free position running. ENTRY 1:- ENTRY 2:- Bearish Butterfly Main Entry:-
Drawing my bespoke fib from the high of the previous entry to the new low allows me to scale in with a second entry at the 50% retracement level. Following the same process as the initial entry I now have 2R profit secured with a full sized risk free position running.
Through my research whilst studying Scott Carneys Harmonics methods I devised the 50% retracement system. This system allows me to enter higher time frame patterns with considerably smaller stops. Entering at the 50% retracement with a stop at the 25% allows me to create a risk free position by closing 50% at 2R (100%). I carry out this system on the 1m time...
All Required measurements in detail.
The Bat Pattern Dimensions, Entry, Stop and Targets.
CRAB Vs BUTTERFLY Butterfly wins by KO in the 3rd! ROUND 2:-
The Bigger Picture. Minisode 3 Minisode 2 Minisode 1
Bit size chunks of purely Technical analysis.
Using multiple Time frames to Identify the narrative of the market. Building a risk free position by hedging.
This style is Hedge trading, creating a full sized risk free position in both directions. Closing 50% of each position at 2R creates a risk free position, should price move to the stop loss, profit for each position would be 0.75R Closing 50% of each remaining position at 4R Secures 2R profit on all positions, should price move to the stop loss, profit for each...
BEARISH BAT Vs BULLISH CYPHER Vs CONTINUED ... BEARISH GARTLEY Vs BULLISH CYPHER Vs BEARISH H&S
BEARISH BAT Vs BULLISH CYPHER Vs BEARISH GARTLEY
Monthly candle was closed as bullish engulfing. I expect great growth of Bitcoin for a month and beyond.