Story of BTC Whale - 1 YEAR AHEAD ANALYSIS - THE WORST SCENARIOTake a cup of coffee, tea, beer or whatever which makes you chill.
Let's create a story of Rich Richard.
What if 6500 was "the bottom"? But what if someone does not want it to be anymore?
Can you BUY all of BTC when big dump happen?
Let's assume Critical for BTC scenario..
Let's take scenario where there is someone we can call "MR. WHALE" and his DAD.
Mr. Whale does not like to lose money, instead he makes it a lot.
What if he could help previous bull run to happen? Why HE would like it to happen and crash around 20k level?
Remember mysterious player on Bitmex with over 1bln short position and made 600mln profit?
Last time I showed that gold creates dangerous bearish divergence. If Crypto assets are correlated, similar drops can happen also here.
Accumulation/Distribution is long term indicator which divergence can show very strong buy/sell signals when using with other indicators.
Even we drooped from 13k level to 8,8k for today, A/D is growing - bullish divergence - someone is pumping his bags heavy with BTC huh?
In last analysis I showed how BTC can form bullish divergence on RSI and MACD and when it will happen - we need significant price moves.
Strong MR WHALE line indicates that game is not over yet. But if HE loses, his DAD takes place and carry their bags to financial freedom.
Let's assume that he takes position every time price drops to "DAD" line. His R-R is 100 to 1, 50 to 1 !!!!!
Let's set that he will take trade (or not) one day, when price reaches his lovely buying opportunity level. Let's give this trade R-R 25, and SL for 10% price move.
It will take us to last top - 20k
If you like stories like this, give it a like!
P.S.
in movies are hidden truths.
FUN
FUNFAIR entry at a fair price !I loaded up on this beaten down crypto currency project at the 35 satoshi level.
Volume by price shows there is a good support at the 35 to 40 sats level.
RSI is indicating strength relative to Bitcoin.
Moving averages have crossed on the daily: the 77 has crossed the 231 and is brushing it softly from above, overlaying with it. When both averages flatten out and volatility has come to the lowest point, FUN price will blow up and rise significantly !
- not financial advise ! I just tell you what I am doing ! -
BTCUSD Where's The Bounce, Buddy?Another day in fun land.
BTC to be found in the trash can, we are probably all going to die soon anyway. Perhaps buy some bitcoin before that?
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Follow my ideas at your own risk.
FunFair Getting Ready To Resume Its UptrendIt's been a month since we last looked at FunFair (FUNBTC) and things are playing out just like they should... Higher highs and higher lows... We will have strong periods of growth followed by long retraces and boring consolidation to end up with a new high followed by a new higher low... This is an uptrend.
Previous chart:
Now, we can see the channel drawn with purple lines, the lower part of the channel has been touched which means that the upper side can be challenged... Still, charts are always changing and we switch our positions from bullish to bearish if prices for FUNBTC move lower and close below 30 satoshis... Remember to have a plan and strategy in place before you trade.
Namaste.
$FUN, Reached ~50 sats w/ almost non volume on a 30% run$FUN
Reached ~50 sats w/ almost non volume on a 30% run since UCTS Buy on the 1D...
This level looks to be a strong resistance & breaking from it could lead a very big move w/ target at ~70sats
Unless I see volume or R/S Flip not really interested into a position for now.
#FUN
FUN LONG Signal by The Channel with Most WINS ever!FUN
FUN recently broke out of support zone, but has majorly struggled with breaking above the 200 MA. The 50 & 100 Crossed over making a bullish attempts, but has thus broken back to the 100 MA. This point is VERY important to hold. IF 100 MA DOESNT hold, then expect a drop back to double bottom support at ~20 sats. In this case, the STOCH is oversold and RSI is looking to break UP. Therefore, I expect 100 MA to hold and push up and break OUT of 200 MA. Main targets are previous high of T1 at 50 sats. Then on to the major target just below daily resistance block at 66 sats. Scam wick may bring us up to the top of 88 sats. Take profit here and wait for retrace!
Possible Entires: 35-40 sats
For more analysis and more details, check out my free Telegram channel: t.me
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$FUN : Last Chance ?Cross-over of ascending trendline / support
Already retest 200 Daily MA
Not a Financial Advice
FunFair Continues Strong | Can Do 100-160% Next WaveFunFair (FUNBTC) has been doing pretty good lately and continues to grow.
On the chart above it is easy to spot a new uptrend, with higher highs and higher lows being printed.
But, what happens next?
FUNBTC is now trading above EMA100, if this level holds, it can easily grow from here (current prices).
If EMA100 breaks and prices move lower, FUNBTC is likely to visit 34-38 satoshis before the next move up.
Whichever of the above scenarios becomes true, we are bullish on FunFair for the long-term.
Thanks a lot for reading.
Namaste.
PREVIOUS ANALYSIS | FUNBTC (+150% Profits)
EUR/USD potential outlook for 2020After a long year where we seen the EUR come to lows, we now have to ask if there is a possible opportunity to start buying in with rumors of the dollar weakening. **Keep eye on DXY**
This outlook will allow us to see a possibility of a long opportunity.
Falling Wedge forming on the 4H.
good buying area around 1.10200.
dive into lower time frames and use FIBBS for a nice and low risk entry.
#AllAboutBlueNotes
IG: @Jon.Malekan
$FUN, Crossing above ~50 sats resistance wi/ increasing level..$FUN
Crossing above ~50 sats resistance wi/ increasing level..
RSI reaching overbought levels (bullish)
Crossing above EMA200 on the 1D with UCTS indicator Buy signal active
I would like to see a retest of this crossed level as confirmation of breakout
~70sats as target
#FUN
FUN / Bitcoin | Cut resistance or bullish breakout?!Price in Ascending Triangle, developing uptrend. Use stop loss on breakout from support zone.
LONG - FUN - Trading OpportunityBullish divergence formed on BINANCE:FUNBTC as the MA200 has been serving as strong support while the RSI keeps on falling. Stop loss is kind of far away so be careful with your position size
Entry: 0.00000043
Target 1: 0.00000048
Target 2: 0.00000053
SL: 0.00000040
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FUN is ready to go up ! not only up going mo moon !fun showing strong bullish signal ! can make it double in couple of weeks