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DOGE USD It's Noobelisious !The Content is not intended to be a substitute for professional trading or medical advice , diagnosis, or treatment. Always seek the advice of your broker, physician or other qualified advice provider with any questions you may have regarding any condition or feeling you may have. This product is not intended to diagnose, treat, cure, or prevent any symptons that may or may not have been caused by fud or fomo. Be aware that consuming hopium is solely at your own risk and that moderation is strongly adviced if you choose to do so.
BITFINEX:DOGEUSD
by Rekt4Sure
7
Point Of No Return!Alright people, are you ready to meet my bull face? I never actually removed my laser eyes anyways :))) There's a bull inside of every bear and vice versa! Let's start with, the bad news: Redistribution is invalidated, no more 20k in the horizon. The rally from 30k has set the end of redistribution scenario which has always been the possibility and this also means the whole time we were in accumulation, just like i first started the analysis of this series. Look at my very first wyckoff accumulation analysis: I didn't even know about redistribution back then and even called this incorrectly as reaccumulation, see how far we come :) Good news is that the structure is now much clear. Especially by the help of my infamous indicator TOTT, which has printed the first buy signal since selling on April 24th. I trust it, because i have been backtesting it for 6 months, maybe more. This is the wake up call for me and I'm pretty confident that we are going up soon. (Last words LOL :) The primary accumulation is ended with the streak leg up and now, we are in a smaller reaccumulation which will take us to the demand side of the newly forming uptrend channel. It will take us till late August to break above 40k and start a new leg up all the way to 60k levels and another reaccumulation to resume the trend towards 80k where the distribution starts playing with the preliminary supply event up until 100k. Let's look at the p&f chart for the accumulation count and price objective Copy this Open4Profit! (The guy who copied my previous p&f analysis and presented as his own. Glad that idea went bust :) To sum up, we are going to 100k in 4 easy steps: Step 1 / 35-41k Reaccumulation / 41-59k Markup Step 2 / 59-65k Reaccumulation / 65-77k Markup Step 3 / 77-83k Reaccumulation / 83-89k Final Markup Step 4 / 89-100k Distribution & Blow Off Top And then you'll have a very big problem on how to spend your money till the next bull cycle :))) It's ofcourse too early to set the boundaries of channel as it has yet to make the down move, but this is the opportunity right now for us to buy the last point of support. THIS WILL BE THE POINT OF NO RETURN! My target entry points are split between these support levels with different asset allocation. 37.300 - Monthly support (May Close) 36.500 - Bottom support of new trading range 35.800 - Additional step between spring and support 35.200 - if a spring type action occurs I see sub 35k highly gone forever Laura. Starts are aligned, limit orders are set, waiting to get filled. If, we don't go down to these levels, i'll buy the breakout anyway. My previous target, the breakout above 41.330 is still valid, BUT if it happens today or too soon before going down first, it would most probably be a trap to shakeout the weak hands. So, if you already bought here, you need to hold on tight and move your stop loss lower around 30k if you don't want to get liquidated. If you want to buy the breakout, wait until this consolidation ends, in the meantime enjoy lower prices whenever you can. That's what i will be doing. I wish we went down further and took the chance, but this bull cycle seems to be a double top scenario like 2013. So here you are, going to the moon :) Best.
Long
by BitcoinMillio18
115
Sleep like a baby...And I don't mean, up every hour crying! The logic is in the price action, many people are already calling for the moon. It won't be that easy, I can assure you! If you have followed along with our streams, you would have seen the Weis wave logic and the count as per the Elliott wave day ranges. Here's the simplified logic showing the range of days. If this isn't enough to give you some comfort, how about this? We have been making lower highs and lows since our ATH... Don't get me wrong, I am not all doom and gloom - and for you perma bulls, I have been Bullish BTC Since 2011. But recognise the market sometimes needs a correction, I have written several posts on buying the dip and even a roadmap to our current location. See date of post. And to update this, see below; ----------------------------------------------------------------------------------------------------------------- See the logic from the 18th of March as to why we were in distribution (related ideas) They blew up the rocket. This was the schematic in simple form. With current price action nearing it's low. We also posted several educational pieces on the Wyckoff schematic. Click the image to take you to the post. Above is the local schematic formed and this could easily fit the profile for a nice UTAD type move. ================================================================================= Composite man (Wyckoff related) is having a laugh and will play the games, until he is ready. So whilst this might upset some Bulls, confuse some bears. The logic is there to help. It's been an interesting day today! Trade safe! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSD
by Mayfair_Ventures
36
I Miss All The Fun 😭LOLYa, umm what to say? What to say? Agree or disagree you likely are still simply going to see another 80% dump or more. Extremely amusing to watch a familiar pattern of behavior repeated one Cryptos now on Meme stocks. So! A repeat of (FILUSD, DOGEUSD, ETCUSD) & More than I can keep up with? Oh and if I didn't make myself clear now I will take the opportunity now to say "Down" . LOL "I personally feel that buyers are going to increase their exhaustion buying (Dumps Not Dips). Free money maybe isn't as free as first perceived also it may not hit accounts fast enough for the little guppies to nibble up all the Whale crumbs as things sink down toward the inevitable abyss." (What 💎👐 People Say) "Story, story, narrative, talk, talk..." BLAH! (What People Do) "Umm Ok yeah whatever I am still selling." What's next? 3...2...1... "Realized Gainz" LOL What are your thoughts? Is it bad that people like to realize gains and say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to take profit and even short??? LOL (Much Wow! So Evi!l 😈) No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" and now lightly dipping into some stocks since Ding Dings are flopping into MEME Stocks. Things 🤷‍♂️ #Fixed IDK Protect Your Neck! 🙏 FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK!"" I am The CoinSLayer 👨‍💻😈
NYSE:AMCShort
by BradySWilliams
14
EU Long running 6%Taken out of first trade for a B.E. Remember you wont win them all. Partial profits taken again on my 2nd trade as we could fill the 15min imbalance and have a rejection. Equal highs of liquidity above. I will be targeting these. We are in a down trend on all higher time frames. We have to be mindful of this. I entered on the 1min TF. Stay consistent and trade safe Reminder I am releasing free video content in about 4 weeks time! Make sure you follow us on TV so you don't miss out of this valuable content!
Long
by Jake-from-the-trading-Cartel
The truth that the BTC maximalists do not want to hear1. Ethereum becomes really really soon deflationary 2. Ethereum moves from PoW to PoS 3. The idea of introducing smart contracts on l2 (btc) weakens the principle of Decentralization. Keep it real on l1, this is probably what satoshi would have said too 4. Institutions are increasingly interested in ETH because, in addition to a storage of value, it offers other advantages & use cases 5. ethereum is scalable 6. Because bitcoin is so speculative, the whole market is suffering. Shoot this fkn gem of big banks & big companies to the fucking moon. TIME TO DETRHONE THE OLD KING! This is just my personal opinion, of course, can also be different but I hope that it will happen that way!
Long
by Lobotto
6