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Magnetic_levels

BTC/bitcoin to 16k in Q1 2021. yearly pivotsLets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot. 6 out of 6 of that year almost immediately started their rise or fall to test the pivot. This is despite whatever excuse for why that cannot happen now. even with that panic fall in 2015. the very new W2 wick went up and struck it on the dot. This is before and after futures market. Despite news no matter if it favored or was counter-intuitive to a trend at the time It is simply algo behavior on a larger scale. If TA is supposed to use the history of price action to determine future price action... 100% of the time something happening is probably worth paying attention to. Supportive points. The higher timeframe oscillations are very high. several unfilled gaps and a fib retrace also lines up in that area. huge bearish divergence on bi weekly chart If wrong. and the price takes out the previous high on a closing basis and if by some long shot we take a last move up to 29k by monthly close.... the next yearly pivot would be coming in around 20.5k..... still 3.3k lower than here and much further from there. That being said. I see no conviction for being bullish in terms of spot or margin in this point. even if we moon to 29k.. history suggests you will still get a better price than the current one here. good luck all
COINBASE:BTCUSDShort
by Gunslinger2005
1
Magnet mode overview for Mainframe! MFT/BTCWe are going to look at Mainframe for a middle - long term: MFT/BTC hit the bottom line and a reversal trend a reversal trend is about to happen We are now in the accumulation zone The big volume gave as another strong signal for a trend reversal The risk reward ratio is awesome: Trade: MFT/BTC Buy: 88-93 Targets: 1. 140 2. 160 3. 184 Stop loss: below all time low 70 If you want to frame something, then you should frame Mainframe! Disclaimer : My ideas are never financial/invest advice! For a favorable outcome, make your own research! Don't forget it's all about patience and positive thinking! Feel free to share your thoughts on the comment section below. If you like my idea, push that like!
MLong
by trade-crypto4ever
USDCAD Sell IdeaSell Scenario 1 (H1 Chart) We don’t yet have a clear trend line but if the pair consolidates before pushing higher, we will use the low to draw our most recent bullish trend line. Once price reaches the 1.3210 level, we can start looking for the breakout below the TL. Stop loss – above last high created. Target 1 – 1.3100. Target 2 – 1.2960. Sell Scenario 2 (H1 Chart) Second way to attack this sell opportunity is to sell with the completion of bearish divergence. Price must reach the magnetic zone first of, then we want to see bearish divergence completing itself and a bearish candlestick pattern. This is when we might sell. Stop Loss – above most recent high. Target 1 – 1.3100. Target 2 – 1.2960.
Short
by VladimirRibakov