btc/usd: distribution is nearIn the actual PA, we have similar patterns of the past days. I think that we will have distribution with 8200 as target. Everything is on the chart.
Speakingtree
btc/usd: we could see some bullish actionIf btc will close h4 above the black trendline (7400 area), could rise to 7800 first and 8500 then.
btc/usd: LTF structures and targetsRectangle blue is bullish target (7800$).
If btc will go up the actual trendline (7400-7450), could reach 7800$.
If btc will go under 7150, we have a first support at 6950, then 6750 (red rectangles)
bitcoin: first attemp to predict time pivotAt the moment it's only an experiment. At the green vertical line, price should reacts and change direction-->PIVOT
Bitcoin: Wyckoff and Cyclical analysisBlue= accumulation
Green= mark up
Yellow= distribution
Red= sell off
Here we have a complete Wyckoff cycle (from december 2018) and a smaller cycle. I think that we had the sell off and a first accumulation phase and now btc could be ready for another mark up (green).
- I expect a trend reversal from tomorrow;
- I expect a pump 21-22 november;
- I expect a relative max 30 november-1 december
btc/usd: time to go long?Indicators in LTFs show that during the dump we had accumulation. Bears went weaker during the dump and looks like people started accumulating during the dump so i could expect a little rise in the next hours.
We had a low, the the low was raided so a possible Quasimodo pattern could be formed. For a complete Quasimodo, btc now should rise to 9050, then dump to the first low (8700) and should go up.
If you wanna try to anticipate the quasimodo, it's possible going long now with TP at 9050, or wait for a dump in 8700 area and go long.
ltc/btc: bullish scenarioTrend based Fib. time show that we are near an important trend reversal. If the price breaks the black dashed line, i could expect 0.0081-0.0084 as first target (mid term) and 0.011 as second target (obviously there will be corrections during the uptrend).
btc/usd: consolidation before movementRight now btc is ranging. 9050 is an important level to hold (bitstamp price). From this level, we could see a bounce, to 9400-9500.
If 9050 won't hold, next area of interest is 8900-8750.
btc/usd: to be long or not to be long?After the drop, btc is showing some bullish stuff on the h4 chart.
- A possible quasimodo pattern is forming.
- Mfi shows bullish divergences
- DI+ was rising while price was falling---> bullish
- DI- is at the same level while price was falling ---> bullish
- ADX is going down while the price is going down ---> bullish
- ADX is crossing down the SMA: this means that the actual trend (downtrend) isn't strong
- Squeeze momentum indicator shows bullish divergence
So at the moment we don't have reasons to stay short, but everything could happens. I won't short.
I will short ONLY if btc closes h4 under 7600. Everything above 7600 is still good and not so scary.
As you can see i have arrows of 3 colors for 3 different scenarios.
How will i trade?
- I hope btc will follow the blue or green arrows, so i will wait for the light blue rectangles, then place a buy order on the green rectangle (low reclaim, 7900 area)---> this -will be a quasimodo pattern. The target could be 8200-8400.
- If will happen the black arrows scenario, probably won't go fast at 8400, so i will buy retracements!
btc/usd: critical areaAt this point, btc needs a big push from the bulls. Volume shows no interest in buy and this could be so fucking dangerous... If btc get rejected now, will go at 7800 first, then who knows? At this level better to be out of positions. Keep calm and wait.
eth/usd: bullish signals
This is why im bullish on eth on h4:
- We had complete buy signal on Ichimoku: i'm waiting h4 close to have confirmation
- Mfi had bullish divergence
- Squeeze momentum had bullish divergence and now showing bullish momentum.
eth/usd: possible longI have a long trade on my mind. Indicators are bullish (in the next chart i'll post the indicators).
This is my trade plan:
- Long after h4 close above the dashed line, or long the retest of the dashed line
- 1st take profit: 200$ area
-2nd take profit: 220$ area
-stop loss: 170$
Bullish signals:
btc/usd: 3000 bottom fractalThe blue chart is the 3000 bottom. The timeframes are different, but i see a very similar pattern. If this is right, we already had the bottom!
