OMG/BTC CHART EARLY BUY SIGNAL. DEVIATION OCCURINGHello everyone.
Deviation happening on OMG/BTC Chart. In other words, this is will flip to the others side very soon and very aggresively.
Buying targets are mentioned here look at GREEN HORIZONTAL LINES .
We got early buy signal right now. For long term holding people can start buying here. If we dip to lower green line - buy again.
As simple as that. Cya
Btusd
BTC/USD Local work. Symmetrical Triangle. Decoupling SoonThis trading idea shows the local work on the BTC / USD trading pair. Timeframe 4 hours. A symmetrical triangle is formed at the top of the trend near historical highs. With a base of 9.69%. Entering in the direction of a breakout or pullback after a breakout of this formation. Target levels (zones) are shown on the chart.
Past trading idea for local work on this trading pair.
I attached my trading on this trading pair (trading ideas and trading learning ideas) for 1 year under this description.
Trade, study, develop. I wish all smart people to become even smarter and earn big capital thanks to this. For fools, lazy people and adventurers, I wish that thanks to their failures in the market and in life in general, the toggle switch in their brains would switch to a change for the better.
BTC Possible Moon or Back to Earth as always ?From the weekly chart if the candle closes above 2017 ATH then we can definitely expect a BTC to moon but the question is will bitcoin stay above the all time high or whales gonna manipulate the market crash BTC once again.
I'm sceptical about BTC crashing since we waited almost 3 years for BTC to hit new ATH, it think BTC is going to stay above ATH and hit new ATH continuously.
next short term goal for the BTC is 25000$+, if BTC crosses this then there is not stopping, we can expect BTC to reach moon soon :)
If BTC hit new ATH will it affect alts ? yes its definitely going to affect alts, i have published a separate article on how alts price varies with respective to BTC. link :
Thank you for reading.
BTCUSD Short Naked Forex- Quick PipsI love going in and out of market for quick pips! After studying this pair I believe you can get a quick 100 pips.
HIGHLY (UN)LIKELY? BUT I HAVE TO SHARE IT!I honestly think the "TOP" is in, and I'm sad to say that XMAS will bring us its RED color and not gift us another "ATH", or at least that's what I think...
This scenario is unfavorable for almost all crypto traders, but, how about a flush of the over-leveraged traders in the middle of economic hardships? How much can they bear to suffer before saying: "FK IT, This is it, I'm selling all of this bull*hit" ? Only to be bought by long-term hodlers, who can survive until $100K+!
The upcoming times will be "unfavorable" for many. Whatever you saw so far is just the appetizer before the main dish, and I hope all of us (hodlers) can be strong and make it to the dessert time (I believe it will be being around Q3 2022).
Good luck everyone, I will be checking-in again in 2021 or if BTC goes lower than $2500. Whichever comes first...
Until next time, good luck!
Falling Wedge confirmed What's going on everyone!?!
I would like to start off by thanking everyone for the support and also if you check out my most recent
chart published "Falling wedge incoming SHORT liquidation run" you will see that it is playing out perfectly.
It looks like that was our correction down to 8250's and a bounce to 8640's is next. I remain long and in profit.
The DAILY STOCHASTIC RSI looks very good for a strong move to the upside. We held on the DAILY 21 moving average
just as i thought we would. Today's new daily candle will guide us in the direction heading back towards 9k. We either
double top 9100's or we break thru. Taking a profit at 9100 is going to be a safe bet in case of sell off and i will be doing so.
I will re long 8740-8800 once retrace is completed. Best of luck traders!
Make sure to LIKE and FOLLOW to support by content
Thanks, LiquidMEX
RACEACEACE BTCUSD POTENTIAL BOUNCE WARNING 7100-7050 to 7600The price is / already has crossed below the red 2/1 on lower t.f's and is BEARISH on lower t.f's. On higher T.F's it is approaching this red 2/1.
I am now at my computer so I have had a chance to make my Gann Fan precise.
HERE IS THE WARNING:
Once the price reaches near the 7100-7050 range, which is the 3hr red 2/1 Gann fan line, it can put in a nasty bounce up to 7600's, which is where the blue 1/1 is currently situated.
This does not mean to enter a long trade. This means around 7100-7050, traders should seek confluence to either 1. exit short trade or 2. to short higher.
On November 27, 09:00 UTC (LABEL "1.0") the price exhibited such a behavior of a nasty bounce from the red 2/1. The current Red 2/1 zone is labeled as "2.0?"
It is my personal rule to never enter a long trade below the blue 1/1 - but you can do what you want with your money.
Failure to put in a bounce in the 7100-7050 range up to 7600 = enjoy the short scalps.
1. Lower T.F:
2. SUPER LARGE T.F FRACTAL PLAY:
Here is a recap of my super large t.f fractal play:
It is likely that BTC will follow a fractal that I have obtained through use of my unique S/R system. I believe it is likely for BTC to go down to the 6k region, perhaps a double bottom , but more likely a higher low, and then continue upwards to the 9000-9900's. A higher low in the 6k's before a move up to 9k's would be bearish in my opinion.
Why?
Whenever the price falls below the Blue 1/1 of the Gann Fan from the pivot low, it is less bullish . Once it is below the red 2/1 of the Gann Fan , longs are extremely risky.
If the price were to make a higher low in the 6k's, it would be below the blue 1/1 of the current pivot low at 6524ish.
Here is a recap of my previous idea:
"I use a lot of numerology in my technical analysis . I use a unique S/R system, which leads me to believe BTC will dip back down to the 6k region before a potential move up to 9k. If you look at the chart in which I have included the fractal moving up to 9K, compare it to the pattern from May 2018 which I have circled on the left. Ignore the price, but pay attention to the S/R levels crossed. This fractal is currently playing out on the lower TF." + I BELIEVE THAT ALL PRICE ACTION IN THE HISTORY OF BTC THAT IS ABOVE 10500 IS JUST NOISE AND SHOULD BE IGNORED!!!!!!!!!!!!!!!!!
INVALIDATION:
PLEASE NOTE: RESISTANCE ESTABLISHED AT 6500 WOULD INVALIDATE THIS SUPER LARGE T.F FRACTAL PLAY
3. SUMMARY:
Right now: Only lower t.f short scalps (in and out) BUT at around 7100-7050 be CAREFUL and evaluate the situation. A massive pump is possible at that level - do not get rekt.
Until the price makes a lower pivot low and establishes resistance at 6500, we cannot go COMPLETE BEAR MODE.
BTCUSD: Decision Time & Key Levels To WatchCurrently remaining neutral while expecting a big enough move in either direction to either retest the triangle resistance around $9,000, or continue moving downwards towards the bear channel support around $7,500, likely followed by a bear flag breakdown to $6,500. Bitcoin notably got rejected by the 200 Day MA on yesterdays closing candle with current support llined up at the 100 Week MA around $7,750, followed by the 50 Week MA at around $6,750.
4hr RSI with bullish divergence in tact but enough room to move down to $7500 with ease.
MACD losing bullish momentum and still in the negative.
CMF is barely positive. Overall, slightly bearish.
If Bitcoin Repeats History? Monthly TD Sequential Red 1 (Part 6)
Measuring The Move of the Descending Triangle Breakdown (Part 2)
BTCUSD: Is Bitcoin Forming A Bear Flag To $6,750?
BITCOIN, Priority is Upward! Current situation is clear enough : BTC moves in an upward channel. The next impulse can be caused by any exit from this channel. We already have two touches of resistance and two touches of support. Meanwhile, there is the most important resistance level at $10500, where we usually see strong sell pressure . In fact, the rollback of the upward movement didn't neutralize it, therefore, the priority is still upward . There's also another fake breakout of an upward resistance, which gives another point for bulls . Thus, despite the upward resistance, we can see almost equal peaks on top and rising dips on bottom , so the priority is long.
However, we must always be prepared for a negative outcome ! Taking into account large number of fake breakdowns , for the true dump market needs not only to break through support zone , but move to $9800 - $9900 level with a shadow to $9750. Obviously we can't guarantee that the price is strong enough to keep $9800 before the further dump, we can expect a strong impulse breaking of $9800 - $9900 zone straight to $9700 and lower .
At the moment the priority of the market is a move to $10750 - $11000 zone. 83% for long and 17% for short.
Breakout to 13,600 don't let that sell off trick you XBTUSD
Make sure to like and follow
Thanks, LiquidMEX
DISCLAIMER:!!!This is not to be considered financial advice is my personal opinion, always do your own research before entering or exiting trades as i will not be held liable for any of your trades!!!
6 DAYS INSANITY: 35 Times Have The Whales Stolen Your Money The Headline is a bit misleading, but the point I'm making here is super important. I do this to help you, because I witness all the time how Whales and Smart Money keep stealing your Money. And if you are not aware of these things you are the small fish in the market, which keep getting eaten by the big fish.
This is a Follow Up on in series: Understand How the Whales Thinks, and How they make Money of You!
If you have read yesterdays post, you know how we are taught to place a position on side of the support or resistance and the Stop Loss on the respectively opposite side of that.
It's fair to assume that 8,000 USD is a Key Level, and that 7,900-8,100 USD is an important zone, where people usually will take a lot of positions. Either they choose to go LONG or SHORT. Our Volume Profile is confirming that.
Kill, Kill, Kill, Kill.... - How they bait you!
As you can see, we have in only 6 days going back and forward 8,000 USD at least 35 times, which have Stopped out and liquidated people for millions of dollars.
Some of it is obviously normal evolved price movement, from what we can expect, if we look at our TA princicples. But a lot of it is also designed to bait you into go long or short, and then kill you after.
My Advice for You
Its always very hard to trade near these key levels. So I will suggest that you DONT leverage trade if you arent super experienced. Right now the Market Sentiment and Bitcoin is super Bullish so you can either go long with very little leverage, or just accumulating Bitcoins or take a look at the altcoin, which have fared better than Bitcoin latest.
One thing is certain. The future is bright, and I will do what I can to help you!
D4
Please give a LIKE!
Bitcoin's next move? Pump? Dump? Whales? Let's find out!Hey, what's good homies! I feel like its been weeks since I posted, but I finally got it done. In my previous article, I did say I have a big article coming up, and this is it. This post in particular has many things to cover, so let's get started!
Let's quickly summarise some key points throughout this post:
- Ascending triangle
- 6k support is now a 6k resistance
- The forever downtrend resistance is now a forever downtrend support.
- Whale manipulation
- Theory: Once it touches 6k for the first time in a long time, the price will most likely fail to continue, thus dumping back onto 4k support.
- Finally entering the consolidation phase, we're currently neutral with the 3 planes of existence (I'll show you what I mean)
A few things in this first screenshot. It's on the daily or 12 hour which is almost the same thing. It will take a few weeks for it to pop, if its actually a triangle. There's like 2-3 wicks that broke the form which might contradict this ascending triangle, maybe something to look out for. If it does pop, it could trigger a 6k retest, which all falls into the whale's plan, something I've been theorising for a while.
So if we look back a bit, we noticed that the price broke past the forever downtrend, that's already a huge sign that the market sentiment is turning. We've been slaves to this bear for long enough, and we've finally broken free from this bearish oppression, all thanks to that massive 1k pump back in 2nd of April.
BTC's overall state is bullish, no question about that, there's plenty indicators that point that direction. This may sound silly but just like any other market, its only bullish until its not, I believe there needs to be a stronger pullback from the 1k pump back in 2nd of April before reaching higher highs which is still bullish but just needs time to cool down.
If there's actually a dip coming, its only temporary before surging up to 6k, it stops at 6k because we know that it was once a strong support line that held for a whole year back in 2018, since we're retesting it, its now become an insanely strong resistance. Since the 6k support was so strong, its only make sense for our new resistance to be just as equally strong.
So here's the secret plan, the whales will be dumping at the 6k resistance, mainly because the resistance is insanely strong anyway, so it makes sense to dump at that point in time. I can't guarantee that, but there's plenty of evidence to suggest that happening. So we pumped from 4k to 5k, so what's the price doing now? Did it run out of fuel? Well, I don't have an answer for that. However, there's something I and many others are certain of, we can expect a pump to 6k within a few weeks, no exact timeframe but it is inevitable.
Here's the crazy part, when that does happen, the price will change market structure and fall back to a hard support in the 4k area. Just remember, when we see the next pump, the main stream media will start reporting this, and give false, misleading information as always, bait their viewers and fill their minds with junk. As a result, retail investors will see this and they'll repeat the same mistakes as always, and buy BTC very very late at 6k, and then get dumped on by whales, its very dirty I know, but this is how the game works.
Its all fun and games when the price is up, until the whales decide the make a move. Its important to realise that this was all planned and schemed by the whales, as always. History will always repeat itself in these markets, or any financial market for that matter. People don't learn, sadly. However, people like us who chart everyday and keep updated with accurate and authentic information do learn, thus the market rewards us for understanding the game, and punishes those who don't understand the game.
(Screenshot by D4rkEnergy)
"Lastly if we take a look at the Weekly Chart, you can see that the Bullish Momentum is getting bigger and bigger (even though the pace is not as great as before - but that is normal during a correction). Also the RSI is holding above level 50." -D4rkEnergY
You see, the whales have been accumulating BTC since 3,300 USD which was back in Jan. They bought at 3.3k and will dump at 6k. That's a total profit of 90% (1.9x gain). They pretty much 2x their money without any guessing or gambling, they don't need to do any TA either. Whales have the power to plan and calculate these moves, which is why their always being blamed for market manipulation.
Whales are not stupid, I wish they were, but they're not. To avoid getting destroyed in these markets, it's up to us as traders and investors to figure out their game, and play along with their rules. We're simply passengers getting on and off the train, we can't control the train.
Once they dump, most people will lose their minds like always, yes its depressing to look at, but its not the end of the world. However, it does begs the question, once the market dumps from 6k, what can we expect now? This is where it gets fun, because I honestly believe we're at a very interesting stage in the market, now you've probably hear that line a million times a day but allow me to explain.
It's interesting because we're literally stuck between a rock and a hard place. The strongest resistance right now is the 6k one, and we have 3 levels of support. Support #1 is at 4925 USD, Support #2 is at 4K-4.4K, and lastly Support #3 is currently at 3k-3.2k. The last two are specifically is a trend line supports. This means that the market can't bounce upward or drop downwards either, the market wants to stay sideways until the it feels like doing something.
My screenshot has defined 3 areas, or planes of existence as I call it. Heaven, earth, and hell. Heaven means we're bullish 100% if we break the 6k resistance, I'd confirm a bull run 100%. Earth means we're neutral, we're stuck in the blue area, bouncing between support and resistance (consolidation). And lastly, we have hell, the red area, which was a stage we just recently passed, we can literally say "We went through hell and back." Something definitely worth celebrating, because we earned it folks!
The price has found itself a stable place to stay, but for how long is another story, it can only rest and take a vacation to recharge itself for the next bull run, also known as the "consolidation phase." The consolidation phase is simply a stage in the market where it needs time to rebuild itself, it needs to time rest before changing cycles. In other words, its basically a bear hibernating, once the bear finishes hibernating it wakes up and starts wreaking havoc. So in market terms, when the bear wakes up is exactly when the market wakes up and decides to start a bull run.
The reason I say this is because the 6k resistance is too strong at this time to break through, and the forever downtrend has become an extremely strong support that it can't go back into hell again, this means we're stuck between a rock and a hard place, which leaves us with only one option, to consolidate. The market is trying to say "let me hibernate." Its been a long night, market is tired, and it just came back from a hard day's work, literally going from 1k to 20k and then from 20k back to 3.2k.
I hope this post sparked some ideas, and gave some value once again, let me know what you guys think in the comments, I reply to all of them! And don't forget to like and follow me on TradingView! I lots of spent time researching and discussing ideas with other traders to gain some insight and clarity, which lead me to write my own article with my own twists. Shout out to D4rkEnergY and his recent posts for inspiring me to write this.
Thanks again, and as always, have a fantastic weekend everyone!
Optional donations! All funds would directly support my personal finances, and most importantly, my mission and vision of building an online brand :)
BTC Donations: 1AuZiofHSqM5gV1ttxUddNovDhEtHgMUgA
BTC - Reloading on the pull backThe BTC price is currently in a rising wedge with the RSI trying to break its trend. I am waiting for pull back below $5K before adding to my long position. How much lower? Mid $4Ks. Fibs at 50%, 61.8%, 78.6% not shown on this chart. If we rocket higher from here no worries, I already have my long position. If we go lower no worries I'll just add to it. I'm just posting this chart to see what it looks like in a few days. Next week should be interesting.....
BTC bulls Battling ResistanceSame chart as yesterday but the bulls have taken a step forward.
We still see bears defending resistance and pushing the price down hard as we reach key levels.
The daily uptrend remains intact, so the bulls remain in short term favor.
A break of $4,037 will have us looking at the potential for a weekly resistance break and trend change.
LTC and ETH have faded a bit compared to BTC, but are still healthy on the daily chart as well.
Before this weekend we will either see a clear resistance break, or a loss of 4 hour support indicating a daily higher low is needed on BTC.
GBTC had some bullish clues yesterday during trading, so we will keep an eye on the premium trades in the stock market are paying, for potential clues.