BTCUSD entering wave 4After today's pump, it's clear to me that we saw a wave 3 that broke a channel trendline I had. Look's like wave 4 is starting to form now, we could see price re-trace to $7300-7900 and then followed by a further push up.
The bearish trend for BTCUSD should be done from this latest rally.
Bitmexsignals
BTC 4H Time frame Analysis In my last update i can say btc show bullish sign after retracement of strong support of 8400...but btc retest after 8916 to 8575 ...but in next btc show head and shoulder pattern ...and show bearish divergence in 4H time frame..and in last update btc work on rising wedget and in following trendline btc test the line at 9032 ...this is strong sign of btc to take short trade.
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Inverse #Head&shoulder on #bitcoin, 1474% profit within a week!?I do some of my best work when I am half asleep lol after we broke 7160 I expected 6900, I didn't give a proper signal as I was still on holiday fever & market had some of the lowest volumes however what I did was I shared this chart on 2nd Jan & boy was that the perfect entry :O
I missed the entry though & I went long at 6950 when I woke up was able to close at 716x for a good profit, early exit & late entry :-/
however it is not too late, now we are at the H&S neckline resistance, we can wick up 75xx but it's the candle closes that really matters, so keep an eye on 4hr chart, be patient & wait for the entry at 7087 which will also be 61.8% retracement from 746x level, I will keep updating the chart as we progress
if we get this trade right on cross leverage we will have 1474% ROE & will have rocking start to 2020!!
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
Triangle pattern for BTCUSDHave not posted in a while, been busy with forex. Looks like bitcoin may have finished it’s extended Y-wave. There was an impulse wave which could potentially be a wave A. This possible wave 2 or wave B is a triangle pattern which just finished wave C and going for D and E if the count is correct.
#ETH/USD PERFECT TARGETS & ENTRIESSupport me with your likes, follows and share this idea with your friends and our community.
ETH/USD certainly follows the path of BTC. The chart seems bullish if we see just the retest of the breakout. 50D MA is acting as a support so far which has been acting as a resistance since 2 weeks.
Let's wait for the MACD because it seems tricky atm , although we can trade using less leverage and accumulate if we touch the orange support line.
In a nutshell we can enter now and accumulate if it falls, Good entry is between $122.25 to $128.
Target remains the green highlighted price lines.
Sooner or later, breakout is imminent.
I WISH A VERY HAPPY NEW YEAR to all of you. No matter what happens do not give up on trading. Try to learn new things. Remember, trading is nothing but the transfer of wealth from the impatient to the patient. So be patient, be smart do not FOMO. If you avoid making losses you're a good trader. 2019 has been good so far and we have learnt a lot of new things. 2020 is going to be another bullish year for us. Lots of gains to be made in CRYPTO. This year we will witness a drastic change in the financial system. Stick to crypto if you're in.
Cheers again, I wish you and your family good times, ENJOY :)
LONG #Bitcoin #Long to #Short, #Bearish #BAT & #DoublebottomIf you have been following me for a while then you know I am a huge fan of Double bottom & double Top, they are one of the simplest patterns that you can find on the chart, I have been trying to learn BAT/Cypher patterns & the only way to do it is practice
So here's another one why I feel this is the double bottom is the cause of we have been seeing some consolidation around the support,
Also there is a triangle forming
I mentioned yesterday that I am interested in longing if the daily candle is able to close above 7181 & I feel there is one final push left in the tank on the upside before we head down to lower levels of the wedge -
So risk-takers can enter a long trade based on the chart, Manage your position size accordingly & Never trade more than you can afford
I will also enter short as per my previous analysis - It is still valid only delayed,
You can track that idea here
make sure to leave a comment & if you agree then hit that thumbs up
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
Cardano Complted Bullish BatBlue Zone : Buy Zone
Green Zone : Take Profits
Grey Line : Best Entries
Red Zone : StopLoss Area
TRXZ19 - Retracement Bearish ScenarioBlue Zone : Buy Zone
Green Zone : Take Profits
Grey Line : Best Entries
Red Zone : StopLoss Area
EOSZ19 Long ScenarioBlue Zone : Buy Zone
Green Zone : Take Profits
Grey Line : Best Entries
Red Zone : StopLoss Area
Leverage : 5-10x
Finally end of false breakoutFinally Bitcoin end of false Breakout which is 50/200 MA with a recent drop from $8650 Bitcoin is slowly approaching a recovery phase. This should only be a false recovery as there will be a continuing reduction in price and upward movement should end near the $8700 where 50-day moving average and the 200-day moving average are located. Stay tuned