I am testing my own mathematical indicator derived from Lagrange Theory. Its showing good signal and trend reversal. LII is for buy and sell signal whereas LMV is for trend reversal pattern. So far its good. Along with i use the combination of Trix and named as TRIX multiple created using ptne script editor that is available publicly now. These two indicator...
For the last few months, I've been preaching patience as we saw a multi-month correction play out, all as a part of the bigger-picture Elliot Wave playout. The charts are looking positive after some bullish action started showing up from yesterday. I'd be ready to say the corrective phase is finally over and we're starting the new impulse wave up IF Bitcoin can...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here we can still have crashes. The ALTCOIN market has just hit a critical level . This needs to be watched carefully. Please watch the video for more information Have a great evening.
Hi all. As my followers know, I am building a Bitcoin long position to participate in the final rally into the end of 2024 and 2025 possibly . With terrible sentiment and panic selling happening last 2-3 days, most people don't realize the sentiment on general markets . Facts: - SP500 breaking new ATH and pumping (on chart), - DXY is weak, - 66% chances for...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level . This is a bullish structure and dips are buys, when these dips happen BTC can...
Hi guys. This is an update for a longer term LONG position I am building from these levels. We had a German Government dumping 12k BTC on the market and re-visited 55k area . This selloff was absorbed by market . German Government has 23.7k BTC left in their wallet down from 50k .
Hi all. This is an update for a LONG positioning trade I suggested 2 days ago. Beautiful daily close yesterday above the support with a capitulation/sweep of liquidity just below. And great demand today! A nice confirmation I am right.
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. I posted about SOL crashing the market before it crashed when FTX collapsed , check back on my previous trading view videos This is potentially forming the same pattern that crashed BTC back into COVID crash . So be on alert
Let's do a quick recap on Bitcoin. I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH. Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go. I'm labelling this post as "short" simply for the lack of...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. The one was a correction, and the...
Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: ...
Continuing this analysis on the previous one; we see a double top form in the daily as well as the weekly timeframe after the price lost the 50 day moving averages. In the previous analyses, we looked at Elliot Wave theory and a potential new ATH price zone. However, there was one risk even at that point - the M-Pattern. This pattern is BEARISH and usually leads...
BINANCE:BTCUSDT 👉 Trendline Analysis: BTC has been consolidating directly underneath the resistance zone - BULLISH 👉 Candlestick Analysis: Three white soldiers in the 2W timeframe - BULLISH 👉 Technical Indicator Analysis : Price has cooled down after being "Extremely Overbought", moving averages holds - BULLISH Technical Indicator Monthly...
Hi all, This time I present my big BTC short position I already jumped into at 70800 BTCUSD price after taking short liquidity on 4th of June. This is multi-day/week SWING position entry! Risk - Reward ratio is around 1:4. If the price continue upwards, I will be adding to this position around 71500 and after sweeping 72k Stop loss for this trade is...
📉 BTC-USDT with Elliot Wave Theory Analysis 📈 I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far. As I've discussed in previous posts, BTC normally stops at a -30% correction. That will put us HERE...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level but should go lower when ready. This is a bullish structure and dips are buys, when...
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential...