bitcoin Big RED candle comin soonAfter bitcoin exited the rising broadening wedge we bounced from top of the left shoulder(light yellow line)
and is doing a rising wedge right now which might endup in the right shoulder if we wick up then leg down another 8 to 13 percent.
In the video I also mentioned liquidition clusters and where people get liquidated THE MOST.also high leverage positions been shown.
we also might consolidate today wating for CPI numbers to comeout before another major move.
Bitcoin_stratgy
BTC/USDTBTC will be doing a range in the 4h timeframe.
BTC will have a confirmation of the upward trend in the DAILY timeframe. Expecting a pull back in the 1D frame to the area of 44k+\- before it continues it’s upward tendency in the weekly chart.
**1D timeframe: according to the MACD and ADX, we have either a range or a pullback to the MA55 and the area of liquidity.
all scenario in bitcoin on 4 hour chart near 39500 when PINBAR comes on 1hour or 4hour or daily chart , inter sell(low size) with SL=2000
put sellstop in low too ok?
if you have old buys , you must put SL or hedge sellstop in low
personaly i belive bitcoin in way to 20.000 ,if bitcoin break SMA200 daily(thin orange line) , this scenario will cancel and up trend will start
bitcoin target is 2018 high = 20.000 put buylimit and wait in under red arrow you can pick sell (1-wait sell pinbar apear in 60-240 or daily chart or 2- wait last trend line(new and last trend) break on 15 or 60 break ) then inter sell with SL on candel high (10-20 pip above high)
ALERT= trade on bitcoin need min 3-5 year practice on demo , if you dont have practice before , dont pick this on real money ,bitcoin easily can move 20.000$ in 2-3 hour (its movment is very very wild)
ALERT= for trade crypto only use levrage 1-1 dont pick higher levrage = high size =high risk = fast loss
wish you win
break low and trend line can melt down bitcoin to 50.000 area ALERT =trade crypto ,bitcoin need min 3-5 year practice on demo account(reach stable win in demo) , if you dont have it never trade it, it can crash 50% in 3-4 day witout pullback ,dont allow you can close your open buys (trade bitcoin not for short trem and day traders , it is good for long term with min 3 month wait on open orders)
instead trade gold XAUUSD with levrage 1-10 is easier than crypto easiest instrument in world
bitcoin can go up if break high but if break last low can start down trend ...in green arrow 50.000 you can pick buy with sl=1500$ and hold until high around 60.000
if you have buy 100% put SL in low
on bitcoin , we are in start of + trend not end technical say bitcoin must see 40.000 then 48000
let see daily chart =buy pinbar comes
advice =looking for buy in deep , hold it to near 40k-48k
bitcoin futures BTC1! open orders by larg bank(cfd broker) show they start close sell and are buying
prnt.sc
Alert=if bitcoin break low 30k ,can crash to 20.000 , we belive according old history and exprience , bitcoin 1 time must go up reach 50k then crash to 20k (sign of crash= when you see big red candel on 1hour or daily ,be careful), then with range candel will back to 100k (grow from 20k to 100k min take 6 to 1 year)
SECRET=8 month keep monitor AC (accelator occilator) or stochastic 7.4.4 on daily and 1 hour chart
good luck , keep your size low,fix and put sl under last low(day low) never never remove sl=margincall
predict=bitcoin after touch 40.000 will start crash 2 to 20.000 our calculation show bitcoin will go to 40.000 (butterfly pattern) then 80% will start down trend to 20.000
advice=looking for sell from 40k to 42k ...dont close it with little profit ,hold it 30 day until 20k
golden place, 100% wintrate= on 20k to 18k looking for buy to hold min 3-5 month
keep monotor AC on daily chart and on 1hour chart(dont trade with it, 8month monitor it
if your platform dont have AC ,use stochastic 7.4.4
BTC,LONG TERM VIEW buylimit on 8800 put stoploss near 7000 and takeprofit=13600 (dont close it with little profit, use this for protect your upper sell (after 9000 ,put sl on it , you can pick powerfull sellimit with SL witout risk,loss)
i advice dont close this posation befor 15000
i see this + canal will continue until 2021,,,if it breaks,we will see 5000
note=dont forget to put EMA200 60 and daily on your chart when price is above daily ema200,,,only looking for buy,boystop on last high (sl below last low)