• Being wrong is not a bad thing. • It's Okay to question what you have been taught. • Grades aren't as valuable as skills. • Understanding is more important than memorization. • Making mistakes is Okay. Learn from your mistakes. • Be humble. • Be teachable. • Humility is necessary for growth. • Teach your children early what you learn late in life. • There's...
Bitcoin - Intraday - We look to Buy a break of 16751 (stop at 16329) A break of the recent high at 16746 should result in a further move higher. 16746 has been pivotal. We are trading at oversold extremes. Our profit targets will be 17792 and 18192 Resistance: 16750 / 17000 / 17500 Support: 16000 / 15800 / 15500 Please be advised that the information...
indicators are maxed out in their channels. yes, this dip has been pretty big, but i dont believe a low will be in until around the end of January. i still anticipate sub 10k bitcoin.
- i know some of my fellows traders went Long few days ago and i want to congratulate them ! - So if u went in around 19k+, you had already a great deal. - Now if you didn't board the first train. i suggest you to wait. - i don't show any indicators to keep the chart clean. ------------------------------------------------------------------------------ Trading...
- i never been too much in patterns, but this one could be interesting. - Everything is in graph. Happy Tr4Ding !
- i know some peoples are still waiting for 15k or 10k. - in 2018-19, some of my friends were waiting BTC to dip $1000 when BTC was around 3000$, they are still waiting right now. - Used correctly, Bollinger Band is a powerful indicator. - you need to look closely at the Weekly BB contraction. - When BB compress, it's a sign of volatility returns. - the lower BB...
- Gann Fib box + Trend Based Fib Extension. - Nothing is drawn. - Just used Fib rules and removed less important % to keep it clean. Happy Tr4Ding !
- i often compare TheKing with Nasdaq right now. - Have a main reason : - NAS100 (Nasdaq) have mostly "Top Tech Companies" acting as Thermometers in this index. - SPX (SP500) have Tech Companies + traditional ones. Nasdaq Companies are also included in SPX, but 500 Companies start to be a lot. - DJIA (Dow Jones Industrial Average) is a Mastodons, i don't use it...
- TradingView distorted again my post. here a clear image : - We need to compare BTC movements with The Wyckoff Method and we will get a more clear view. - We are in a long corridor and it can take time before a new Bull Cycle as big hands are waiting for retailers to give up. - i published in July a chart indicating a potential bottom around 17500$. here...
- Nothing can be perfect in Life or in Trading, but you can always brighten up your day. - Remember "Cycles are Cycles" - Everything is in graph - You can follow bears, predicting 10 years of recession, but we are in a big recession and for a long time already. - You can fall in the deep and predict the darkness. - i like to see the sunshine in the morning and i...
- i remember one of my best friends asked me in 2018 if it was good to buy Bitcoin around 4000$.. around bottom, i answered nothing, i just told him life is like a computer, it's like 01010101. You just take a decision then u have 50% chance to be correct and 50% chance to be wrong. - So he had like 50k Euros at that time and he decided to buy a small studio...
- turning bullish slowly but surely. - Manage your risks. - Take profits on the way up. - Don't go all in. - Buy zone : Now (23300$) - TP1 : 25900 - TP2 : 34500 - STOP : 20450 Happy Tr4Ding !
As per my latest analysis bitcoin rejected the resistance at 23500 and now is trading at 22500. In lower time frames it made a clear inverted cup and handle pattern which is confirmed by breaking down the main support at 22700. For now I expect the price to see lower support levels at 22K, 21.5K and 20.8K as the projection of the inverted cup and handle pattern.
No one knows the bottom , but this might be it ... the big guys are very sneaky about their enteris .. keep your eyes and ears open
What a Day on Markets, $BTC breaks With momentum. Next Target is $26K.
I watched the great drop at close yesterday and it was phenomenal. That much attention is for reason, reason is to make money. Which direction is the money flowing. Where is it sitting today when will it move back and how the stories are building the rationality of making more of it.
I cant imagine a better time for the crypto market to drop. This is where you reinsert your profits. There are plenty of stories to ascribe the drop to and if BTC hits 26k we will all get the opportunity to watch it soar. In my predictive thought. Everything can fail. We can loose it all any second. including life. So i'm not predicting a path of failure but i am...
Every day is a news full of misinformation. I do know there is no correlative conversation occurring between the the "market" controlled by the Federal reserve and their behavior, and the market of crypto currency. It seems to me every issue they are discussing trying to avoid with fiat currency and the balloon that value fills, like how to slowly deflate it...