i have bigger long bids between 6130 and 6080
Im taking a big risk and im not too confident about this move/position, however if inverse head and shoulders will play 7400 is reasonable target, Nice risk to reward ratio.
im willing to take that risk now since i made good money shorting from 68's and closing at 6270 and im just having fun with it now, i keep close...
Analysis based on market structure, key levels formulated from our disturbance candle theory, fibonacci, trendlines, candlestick patterns, and of course price action.
This is not a signal, but an overview for what COULD provide selling opportunities if the confirmations are met.
Trade responsibly friends :D
Hello !
Everything Explained in Video !!
Yesterday i told you guys to watch for those "TO THE MOON BUY NOW- Technical Analysis" since many popped lately.
I hope that i have helped some people stay cool since we dropped 250points since than, its really important to stay cool at all times no matter if you making or loosing money because you will make bad...
GOOD LUCK !
Hello everyone, i see people starting to post charts, "This is the bottom TO THE MOON NOW !!!" if someone psychology is set this way, dont even open his TA and let it mess with your head.
Please make your own decisions and most important, stay cool DONT FOMO.
ill bring few bullish and bearish points
- bulls defended 58's (cluster of supports)
-...
Right now not seeing any bearish signs , put there are signs for a potential long trade :
- 3 or more trendwaves down
- Sell offs are getting weaker
- At a significant support area
- Flipzone at 6.3k
Exit signals provided to Cryptosomniac community at $9.4k and $8.8k
We do not foolishly trade in this market. We wait for strong confirmation and set up winning strategies that yield us the best reward and the least risk.
My 3 coins for the next bearish few months for accumulation:
NEXO
ARDR
ONT
REFER TO THE ATTACHED LINK FOR IDEA PARAMETERS :D
Bearish 4H
Respect of Daily Level of Resistance
Rejection of 38.2% Fib Level
Break of Counter-Trend Line
Pullback and engulfing on 4H after CTL break.
Break of consolidation, pullback and
#QuantumCreations #ForecastingReality
I rotate 180 and reverse horizontally to see if BTC looks good to go up. In this set-up, BTC looking good to go up means good to go down. Many times this has helped me understand the price movement.
Found support above downwards trend-line. Price jumped above .1 retracal (on a 6k to 11.78k fib).
Price confirms .1 retracal as support.
Price fails a head and shoulders, falls down to the 200ma on the 1hr.
Price finds resistance on the 50ma as it moves up.
Price was rejected from the .1, has used the 200 ma as support, and it looks like the 20 and 50 ma may...
Forgot to mention that we may be printing a bear flag/pennant on the daily chart BTC/USD. These break to the downside. This sideways movement on the daily is not a strong indication of bulls being in control. The "V" structures of bullish volume is a far better indicator of finding a bottom and shooting through major resistance level. Right now the $6700-6800 is...
