BTC short since Nov7th reiterated last nightBecause trading view doesn't allow trade alerts of less than 15min this was not shareable in real time.
There was a bullish engulfing candle that #NinjaScalper alerted last night at 20:00 GMT-7 price was $7630
#NinjaScalpewr pulls from many time frames to give areas to look at in the current time frame you are so using it on the 5 gives a microscope to the entries within the 4 hour window
As this was only shareable via private message I shared the chart to my twitter same name if you wish to check it.
The 24 years of personally trading that went into the the creation of the #TradeTrendIndicator and the #NinjaScalper are never more evident than when it comes to alerting a big price move.
The sole reason why I made this indicator available to subscribers is in the hope that you can protect yourself from large draw downs as many were using a MarketCipher with later indicators and a very high price.
I hope those who have been interested can now see the value I shared these Nov 3rd BTC was $8737 we caught the spike to $9600 when I gave access tot he Momentum Squeeze Oscillator Nov 4th and sadly Nov 7th it showed a short on the 4hour. I tried to take an early long swing trade on Nov 17th which I ended up closing saying they were going to push it down and Nov 19th I gave the short alert
If any of these alerts helped you just give a like and subscribe you can view my twitter for more current lower time frame EARLIER alerts
As always trade ideas are generated from The NinjaScalper (Part of the trade indicator suite of tools)
#TradeSafe #TradeSocially
None of this is investment advice just for your infotainment and edutainment
Marketcipher
Bitcoin "Long" Recovery on the 2 hour (Bump & Grind)Just like those favourite R&B old school bump and grind songs we loved growing up Bitcoin is starting to play our song.
Let me know which slow jam was your favourite jam. What are you listening to now?
Looking at an identified long trade opportunity off the 2hour time frame by the ninja scalper.
This is confirmed on the 15min where will look to manage the trade on awaiting a strong buy alert.
$8542 on GDL support should not hold here as it is resting on the 15min cloud top, would be betting the cloud not holding support as per usual.
We have a negative energy release in the process o coming towards the backside could give the lift needed.
Wait is on the complete energy release before the trade is to be entered.
As always scale into size is important.
Yes a short could work but the longer trade time frame fovours going long after this sell off / shake out is completed.
As we are scaling in this is better to start looking for entry now over shorting then switching.
As always trade ideas are generated from The NinjaSCalper (Part of the trade indicator suite of tools)
#TradeSafe #TradeSocially
None of this is investment advice just for your infotainment and edutainment
BTCUSD LONGBTC has been sliding continuously within the downtrend for the past 7 days.
A retest of the 7700 level bottom is now occurring.
Probable bounce to the 8100 level then possible breakout of the bull flag to retest fib 0.5 8800 and higher
a lower low would invalidate or a breakout from the bottom of the bull flag formation of this setup.
what goes down must come up
Descending Triangle BreakdownIt may happen tomorrow or it may string us along until the end of the year but it would seem this descending triangle has the potential to drop back down to support from LAST YEAR'S descending triangle. If this takes as long as before and we end up consolidating well into it's apex that would give time for the 200 week MA to move up and create strong support again as well (just like last year). This also makes sense with the Fib retrace because dropping to last years support would put us in the "golden pocket" between the 61.8% and 65% lines. I drew the fib using monthly candles which is why it falls a little short from the top of the triangle, but considering how volatile price action was around that top, I feel it's a good spot. I am short until we reach the buy zone between 8500 and 5000 (I doubt it will fall past 6400 & 6000 though). Then I will gradually transition long for the inevitable run back up as we approach the halving next year.