Market update - Crypto, SPX, FXHello everyone
I have updated the trades that we take. We are currently long dollar, short BTC, short SPX. I dont have many trades and i am fully loaded with my risk. I probably won't be taking any trades any time soon and leave everything till end of month. Once we get into march and data is suggesting weakness in the dollar we will flip the switch. It is a data dependant market so we'll take it for now level to level and what the data is telling us. No rush into anything. I did have some losses on crypto this month but pristine performance on fx. Balanced, as everything should be ;)
Have a great week ahead of you and stay safe. Tonight we have FOMC minutes so keep an eye on that because it may move the markets
Cheers
BTC-M
Bitcoin • Return of the bullThe bull never LEFT! While keeping trading above 23.1, we are in business, heading toward the 2021 yearly open level.
The books look strongly aligned with the ongoing trend and price structure.
Check the video for my overall overview update.
As usual, talk briefly about funding, order books, futures term structures, and price chart.
BRIEFING Week #8 : Markets are still very TechnicalHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Bitcoin updateHello everyone
I have updated BTC and some alts. I really dont like repeating myself and i am still short. I got 2x times stopped within a week. Made some small profits on friday and added again shorts. Assuming that i am wrong on the idea, my risk is clearly defined and i am in no stress. I am mostly flat this month on Crypto but made insane gains on fx so no stress. All we need is patience. These are my thoughts on BTC. I really don't see it push through 25k without catalyst but never say never. That being said i wish you a good week ahead of you and stay safe.
Cheers
BTC Detailed Top-Down Analysis - Day 136Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Bull Run 1.22-6.57% 02 14 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
As projected earlier, the market experienced a reversal after accumulating enough volume for liquidation. I anticipate that the market will witness another bull run to attract more volume this time since many investors believe that we are gearing up for a major bull run as we did not break the $21k-20k zone. However, this is not the case, and based on current market metrics, the ideal target is $23,500.
For this chart, the estimated entry zone roof is $22,056, and there is a potential upward movement of roughly 6% with a +/-1% tolerance. Confirmations have been made on the 5 minutes chart, 3 minutes chart, and through a private chart.
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 1.22%
T2: 2.86%
T3: 4.82%
T4: 6.57%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
3min chart confirmation: white MA crossing up yellow while above lowed dotted white line.
5min chart confirmation: vwap greater than lower dotted white line while with three candle confirmations above the white ma.
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Detailed Top-Down Analysis - Day 135Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin jebaiting longs before crashBitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all
BTC/3H ,`still in the rising wedge`
Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest
Please Comment,Boost,Share. Really motivates me to do more.really does!!!
With CPI numbers being out and not looking for btc exited the top of the rising wedge but failed to hold it after retest , now we are inside it again and we could easily go down to the bottom of the wedge and then break down from there after a successfull retest ~21800
We could also hit ~22900 and then go down from there which is less likely to happen due to the weakness of bitcoin
Thanks for watching
BTC Detailed Top-Down Analysis - Day 134Hello TradingView Family / Fellow Traders. This is Richard Nasr, also known as theSignalyst.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin and CPI day-Crash down imminentIn this video I talked about BTC on CPI day , technical analysis + price action and trend line
at the end we take a look at spx and dxy
BTC/3H we are at right shoulder doing the same pattern we did from left shoulder , **RISING WEDGE** , and these wedges usually endup with a wick to the opposite side it wants to go as a jebait which will be to the upside ~22800.
`We could go down to 19.5 today or even worse ~18.4 to crush all the bulls`
Thanks for watching
BRIEFING Week #7 : Things are on track, waiting for catalystsHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
Critical Bitcoin Levels to trade This week with ATAS Order FlowBINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BYBIT:BTCUSDT.P BYBIT:BTCUSD.P
Critical Bitcoin Levels to trade This week with ATAS Order Flow.
Bitcoin has been trading in a range and this morning we saw the lows taken out by a swing failure pattern.
I show you my current levels to the upside and downside and the critical levels that HAVE to hold over the coming days.
Safe Trading - Not Financial advice.
Regards,
Shawn - AKA ZarTraderGuy
Just a little bit of patienceHello everyone!
I hope you are doing okay! Market is ready to go boom tomorrow so for now we are patient. Its very important to keep your head cool today and tomorrow before CPI release. I dont really see any opportunity at the moment.Once we get the CPI tomorrow it will set the mood for the week ahead.
Stay safe and dont do anything irrational
CHeers