BTCUSD Historical Movement Coincidence Been keeping my eye on this for a minute, BTCUSD Historical Movement Coincidence, seems to be setting up the same way as in 2019 where we had 8 months or so before the halvening, the movements have been similar. If we come off the new local lows call this "Volatility Contraction Pattern". 5 charactistics that make this up:
-A premarket gap or explosive move off the open
-Elevated Relative Volume compared to prior days’ average
-The potential for a breakout on higher time frames
-Underlying significant support (like a daily pivot or moving average)
-Inability to breakdown
I think there will be another break down due to how liquid the market and the current market sentiment (one could say simply FUD), as we need an explosive move off the next break down. When this happens BTC will be in a great position to carry into a bullish market. The movements will be exhausted unlike 2019 as we are coming into the top of the S-Curve for BTC. This is typically where I will be accumulating as many promising high multipler coins. This high multiplier investments usually make up around 10% of my portfolio but can provide a lot of wealth generation and in a bull market even though btc could only due a 2x, BTC is in a position to act as a hedge against risker high multipler assets in the crypto space. So in summary we are forming a Volatility Contraction Pattern where we will have volume compression until the new local bottom with a explosion to the upside hopefully in Q1 of 2024. Good place to accumulate for the upcoming market.
"Where did all my money go"
-Kewlkat
Godmode
AKRO, The Triangle LandAn Acropolis was the settlement of an upper part of an ancient Greek city, and frequently a hill with precipitous sides.
We can totally see this pattern here, on $BINANCE:AKROUSDT. Hills with more hills and more hills on top of each hill, the precipitous sides of new and new formations.
Question is, Will we hit the final destination of this move, The Pantheon? The big resistance zone from the older times.
Even if we will, just remember, we're all human beings in these material forms and we don't belong to Pantheon. So sell quickly at the top, protect your belongings and go, cause there will be a bloodbath right after the Elders will smell the tourists on 'em land of Triangles.
BTCUSD. August review.Hello everyone. Today I want to share with you my thoughts on bitcoin using TA and my custom free indicator - PrevHighLow Trend Indicator( PHLTI ). PHLTI is for trend recognition, also it has filters for signals. Ok, hope you got it, let's dive into analysis.
1D:
PHLTI's MAs are both red, but the candle is close to slow MA's(stepline), which means that there is uncertainty in the market, so we need lower timeframes to be more precise.
Signals from indicators:
PHLTI->trend lines: SELL
PHLTI->RSI(with and without price src smoothing) = BUY
4H:
PLHTI telling to sell, but the price near enough local orange and global green support, so if you want some small sell profit, you can take sell, but I wouldn't, as it is too risky .
1H:
MCRB and MCRS = MACD+COG+RSI BUY and MACD+COG+RSI SELL
MRB and MRS = MACD+RSI BUY and MACD+RSI SELL
We see that price touched orange local support and then PHLTI gave multiple BUY signals, so consider rising of buying power .
Resume:
If I wanted take a trade, I would probably wait till price will go to the 23300-23200 zone, and then I would open BUY position. Also some cool things will happen to ETH in Sep-Oct, so stay tuned, I think I am right on my buy. You can you PHLTI MAs as support, resistance and SL levels when it is possible.
PHLTI: LINK IN THE COMMENTS
BONUS:
This is the end of my review, so I want to share with you easy as hell breakout strategy via PHLTI.
BUY and SELL examples are IN THE COMMENTS!
Shitcoins: finally time for the helldump?This market has been propped up for way too long. NFTs are scams. Everyone is convinced we are mooning. Nothing is going to retrace.
That's not how it works. Profit will be taken. The market cycle repeats. The upward fake-out on ETH and other shitcoins was extremely brutal but it is finally time. Alameda, finish this dogshit market already.
It's over. Pack it up. Dump your dogshit joke JPEGs before you lose everything.
SMC IS THE KEY!!!The SMC is a fundamental piece when it comes to analyzing a pair, the fact of understanding how the big hand is handled in the market, knowing where the retail traders are and seeing how to join with the real traders is the key, there is no other In this way, always keep a conscience, do not procrastinate, keep on your way.
You never stop learning!! there are more things than you think you know, time is valuable, take advantage of it to fill the waters of your knowledge,
I hope you take some of what I tell you
Have a great trading week
and God bless you
Might see a correction to the mean for ADA/USDAfter all the long-awaited green days for most of the alts it might be time for a short correction towards the yellow dotted 20 MA of the bollingerbands or at least the upper white. The situation on the indicators in the 12 and 24-hour chart of today looks very similar to the situation on November 24, 2020. However, in full bullish mode, the market is in right now it could also be possible the correction remains to the upper white of the bollingerbands and move sideways for a while. Either way, don't be greedy when you do decide to short in current market conditions.
Possible 2300%+ Return PlayShout out to Elliott with the wave.
We see a correction wave from the sharp increase at the beginning of price action history. Since then, we have been consolidating in an ascending wedge pattern (as step one of our new impulse wave). We may have now entered step 2 and are impending step 3.
SHORT AND LONG EUR/USD CHANCESPrice has been bouncing in a ascending channel, amazing opportunity to look for shorts once you get a price break and close below the channel (two TP levels at 1.17600 & 1.1700). Or a buy looking into the smaller time frame for closing bullish candles, taking the TP to 1.1900, possibly reaching it during London session volatility & New York open. Could be closing below the channel at the start of next week and most likely continuing in a downtrend towards marked levels.
Mid term possible reversal in view for SingularDTV (SE)Hello everyone,
Today I would like to make it simple and start with BIG THANK YOU
for the support as it is keeping this FREE informative channel for you alive.
Chart is simple and self explanatory
Keep in mind that this is very volatile and risky asset
ChaChain
-----------------------
KEYWORDS
trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis ,
-----------------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature
and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment
professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for
entertainment purposes only.
AUDJPY SHORT. ESTRUCTURE siguiendo con la tendencia dominante de 1D que es bajista, podemos observar como en el grafico de 1H tomo un impulso fuerte y el precio se canso en una zona de reaccion constante, teniendo en cuenta lo anterior y una clara divergencia, seguimos a descomponer el mercado en grafico de 15min marcando la estructura, tomamos el ultimo bajo mas alto como referencia para el posible rompimiento de estructura y entramos al rompimiento y retesteo por un retroceeso o correccion del anterior impulso en 1H.
ENTRY SELL PRICE : 75.850
TP1: 75.550
TP2: 75.250
TP3: 74.750
StopLoss : 76.150 (30pips)
ENTRADA MARCADA EN M15
USDCAD SHORT TWING, SINGW & INTRADAY en las 2 entradas anteriores posteadas del USDCAD tomamos ganancia por un total de 300 pips ahora vemos como el precio llego a la zona marcada para buscar ventas en 4h y 1d y observamos que nos crea un patrón de doble techo junto con divergencia y confirmacion con fibonacci en temporalidad mayor, esperamos shift of momentum en 5M y tomamos una entrada a corto en swing, y la entrada en 1h la tomamos despues del doble techo y ahora esta dando reentrada al retesteo de la ema 20.
USDJPY CORTO TWIN, SWING y INTRADAYtomamos ganancia de las dos ultimas entradas publicadas en la idea anterior +120pips profit. tenemos una venta a swing abierta desde la semana pasada posteada en los comentarios y ahora el mercado nos esta dando una reentrada en 1h, vamos por 40pips de stoploss y 130 de takeprofit. Blessings
4H
USDCAD LONG correcion bajistatomamos ganancia de 220 pips con la entrada de la anterior publicacion de USDCAD, ahora esperamos confirmacion para operar su respectivo retroceso, y vemos como ale llegar a la zona marcada como objetivo anterior, la tendencia se empieza a debilitar y observamos una divergencia en el macd desde temporalidad de 4H. espero que me rompa el alto mas bajo anterior en temporalidad de m15 o m5 y entro al retesteo despues de romper la estructura bajista asi como esta marcado en el grafico.