TheKing is TheKingQuick Update :
- Don't be Scary about your alts, as you noticed yesterday while BTC was pushing, Alts did an inversed movements, it just was caused by TheKing Dominance growing.
- Many times in history when BTC was pushing too fast and too strong, Alts were oppressed by the power of peoples buying BTC.
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- So the Normal ways are :
- BTC up = Dominance Down
- BTC Down = Dominance Up
- BTC Push Hard = Dominance Up
- BTC Reach a Limit Price = Dominance Down ( Peoples convert BTC to Altcoins )
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- Matter of time before Dominance Retrace to 35% ish and Altcoins starts to be bullish.
- Dominance is very important so you always have to keep an eye on it !
Happy Tr4ding !
Theking
Light at end of Tunnel- So after this new Chinese FUD about EVERGRAND, you should take your habits after countless "Chinese FUDS" :D
- This a Quick update without "Price Talk", but about the most important indicator in this BullRun, " The King Dominance ".
- So i explained a in an older analyze what happens when BTCDOM up and What happens when BTCDOM Down. so check it again here :
- So the Normal ways are :
- BTC up = Dominance Down
- BTC Down = Dominance Up
- BTC Push Hard = Dominance Up
- BTC Reach a Limit Price = Dominance Down ( Peoples convert BTC to Altcoins )
- i will post in comments my older analysis about BTCDOM.
So right now what happened with this Dip? Before this dip BTC dominance was around 42%, after this 10k+ Dip, BTC dominance is 41%.
What does it mean ?
- BTC Price went down and BTC dominance went down also.
- it could means that Altcoins bag holders didn't turn their bag to BTC.
- it could also leads in a few time to a big altcoins bullrun (Witch not happened yet) when TheKing will start to grow again.
- As Always be confident, HODL, rebuy Lower, eat noodles! This is not the end but the starts.
Happy Tr4Ding !
TheKing and TheCloudEverything is in Graph, just follow the clouds and stay zen for now.
This analyse is based on Weekly TF, less noise and more clean movements, i just used only ichimoku cloud as indicator.
After bears tried multiples time to down TheKing under 28k and failed constantly, we could get soon a new green market.
Of course we could get a trap with a bad tricky news but the finality stay the same, BullMarket is not yet over, so we will up.
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Trading Parts :
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- First Target 38k
- Second Target 40k ( after 40k break, we could start a super bullish movement )
- Third Target 88k ( preservative )
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Last Target 160k unchanged from my last analyses.
Happy Tr4Ding !
TheKing still on his TrendSmall quick update without any indicators.
- TheKing stays for now on his recovering trend.
- Bounced multiple times on that trend to reach 161.8% Fibo around 50,000$.
- i separated Bearish and Bullish zones in 2 parts ( Green and Red ).
- if BTC breaks down under 47,000$ we could starts some bearish movements, but for now nothing confirmed as it bounced on that area.
Next TP Zones :
- TP1 : 54,500$
- TP2 : 58,500$
Be safe and play wisely.
Happy Tr4Ding !
Bitcoin lost a battle
- i made everything simple as i could in the graph :
- So Theking had a big a fight around 58,000$ trying to build a new support but Bears won the Battle, that said, the war not yet finished.
- The Parabolic Arch (Grey Arch) i wrote on my last analysis is broken but BTC is still on his support trend ( in Blue ).
- As you can see in graph we are forming a new clear descending Triangle (Yellow Line)
- The Circle i named " Zone of interest " could be the next possible zone of a breakup.
- Right now have no reason to panic for this retracement.
- imho this bullrun not yet over.
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Trading Plan
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Buy Zone : 55,000$ (50% Retrace )
Rebuy Zone : 50,000$ ( 61.8% Retrace + EMA200 )
Rebuy Zone : 45,000$ ( 78.6% Retrace + EMA300 Support )
Next TP unchanged : 87,000$ ish
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Like always on the up take your gains, and when have a dip, be patient and rebuy at the good time. This is the way for the win.
Happy Tr4Ding !
BTC poor bearsJust a very fast update to demonstrate something. Don't take this idea as an analyze , Timeframe is only 4H.
consider it more like a tutorial to optimize your chart reading.
- now it's been 5 times that the bears are trying to push TheKing under 60k.
- Results : 5 Fails. (can see on chart attempts)
What does it could means ?
Going up is same as going down but just reversed :
- When BTC goes up and attempts to break the last ATH and fails many times , then the probability to go down is higher.
- When BTC Goes down, if bears fail many times to push TheKing down, then it creates some divergences with time, then probability increase to go up.
- Right now TheKing stays very strong, it's very hard with the Fomo for bears to back from their caverns.
- Anyway if we break down 60k the next Supports are around 55k$, followed by 52k$.
Happy Tr4Ding !
TheKing Parabolicit's really hard for traders, including me, to understand and calculate BTC paramoves, sometimes TheKing starts to be in raging mode and we are lost in parabolics spaces.
This the time when u don't want to try to short for extra gains, When u swim u have follow the river, you don't try to reverse it, you will lose your time and your energy.
- in this simple Scheme i drawed 2 Arcs trying to understand this new parabolic move ( Pink Arcs )
- 161.8 is around 70,000$, this was the target from my last analyse ( i will post it in comments ), Right now we can see that BTC made a sideway consolidation in a triangle and this triangle was now brutally broken. ( From last analyse also, i will post in comments )
- Next Target should be around 88,000$ (2 in Graph ) fowarded maybe by a retracement to 74,000$ ( 50% Fibo ) ( Retracement in Graph )
- One important Target is 100,000$, this is a round number in peoples minds, scare, fear and panic could appear so we have to be very carefull around 100k. ( 3 in graph )
- Extension could drive Whales to give a last push to help BTC break 100k and reassure Retailers, it could lead us to 120,000$ ( 4 in Graph )
"Let TheKing Leads Us and Believe in Future"
Stay Safe and Happy Tr4Ding !
TheKing still bullishThis is very basic and simple analysis.
Like i said many times in my older posts, " more u look from far, more you will have a chance to get the right scheme".
i like to post when the fear is coming around after a weak small retracement.
- This analyze Starts from 2017 BullRun.
- This Analyze is based on 2 Weeks Timeframe and only MACD Columns.
- All you have to do is to count the columns and get the idea. 1 column = 2 weeks.
- in this bullrun we made 350 Days of Green followed by 125 Days of Red.
- Now we just started to make 2 Green Columns ( 2 Columns = 1 Month ) + MACD just crossed up.
-So when u saw before we stopped to make green columns after 1 month (2 Green Columns) ?
-Don't listen Fuders, Shorters, and Haters, the real money in BTC comes from Whales, Real Buyers accumulate, Hodlers and Miners.
-Everything can happen and a FUD can come from a Bad News but don't underestimate the power of TheKing!
Happy Tr4Ding !
Bitcoin Time is Ticking- i am still bullish on BTC and i believe that we didnt yet get a second impulse, Cryptos are fast and the short time we have is very important in this Cycle.
- We got many bad news recently, Coinbase SEC Fud, China FUD blocked almost everything, Tradingview, Coingeko, Coinmarketcap, exchanges, facebook, reddit, Youtube,
this is when you understand that you are not controlling your own life and your own freedom.
- But the reality is when u block something or ban, you give to this product more Value, you make it more rare and difficult to access ( same as drugs, marijuana, prostitution, alcohol, etc).
So what they are trying to do is just to create panic to get more BTC at lower price or Short it.
- "Trying to stop Bitcoin is like trying to stop the internet and all the "P2P Computers" on the planet. it's impossible."
Here you can check who owns most of the Bitcoins in the World : www.kevinrooke.com
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Trading Parts :
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We have only 2 Scenarios right now ( most everything is in the graph ) :
1. Next impulse will come in those 3 coming months and rocket around 85,000$+ - 100k$+ (Green Triangle)
( we have to be fast to go on this Stratosphere or this scenario will be unvalidated )
2. We finished this move already at 64,000$ and we are making an "ABC" to dip around 24,000$, we will start a new Elliot wave impulse later, Wich could lead to retest 40k. (Red Triangle)
( This scenario could postpone BTC next Bullrun to June 2022 )
- That Said, we are in a "PIVOT ZONE" a very important momentum right now, my own view is still believe in Scenario 1.
- feel free to add your comments and ideas.
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Remember anyone have "the cristal ball", Manage your invests, Keep some money for rebuy, believe in the future and fight for your freedom.
Happy Tr4Ding !
#Bitcoin seems to have found some new strenght.I our last post we noted that $BTC looked a bit top heavy...
Well as we know BTC often does the opposite of what the majority thinks.
If we look at the technicals 50k is a pretty heavy R (resistance).
Flip this level and we'll see $60k+ prices and possibly a new ATH fairly quick.
Bitcoin Hidden Div H4
Quick and simple Tuto to show you how to Scalp an Hidden Divergence using EMAs + RSI. Timeframe is 4H.
- This Trading setup is only viable when you notice that the trend is making " Higher High " and indicators are making " Lower Low ".
- Buy Zones should be placed in 3 points
- First Buy should be the weaker one and the most dangerous, then you should add only a partial amount of money.
- Second Buy should be a medium buy amount of money, medium danger zone.
- Last Buy should cover the first and second buy to cover at least 50% of your lose, Good support zone.
- i didn't set any Take Profit on this graph, you have to manage your % and greedy dark side on a H4 Fast Scalp.
Everything is in Graph, Stay safe and always set your Stop Loss.
Happy Tr4Ding !
TheKing Boring Phasei didn't post much for now, because right now, Have nothing to say!
- As you can see on the chart BTC is staying in a fighting tunnel ( 31k - 36k )
- We can notice a strong rebuy around 28500$ when bears try to push TheKing more dip than that area.
- Most of the time BTC bounced on EMA300 ( Violin EMA ) around 31k.
- Bollinger Bands getting tinner and tinner, it could lead to a strong movement in a near future.
- For now imo, i just see 2 Scenarios :
1. BTC break down EMA300 and will go take the missed GAP around 24-26k
2. BTC will continue to stay in the tunnel and break it up soon or later, if we break this bearish trend 42.5k will be the next level to watch closely
- We could get some worst scenario but for now nothing lead us to thing that BTC will go to 20k.
- i am still bullish and believe that for now we are in a Correction Phase, BTC is building a long consolidation area
- i don't cannot consider to be in a Bear Market at 30k.
Patience is the key !
Happy Tr4ding !
TheKing Parabolic Moves---------------------------------------------------------------------------------------------------------------------------------------------
- The First Parabolic Wave from 3000$ ish propulsed BTC to 64,000$ (Perfectly +361.8% Fibo)
- i imagined a Second Parabolic Wave with the same amplitude from the Top, starting from 28,000$ and added +361.8% Fibo
- Result is 158,000$
This chart is not intended to be investment advice, manage your risks.
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A Quick Salute to some interesting buddies traders that i follow, Together we are stronger.
@TR7z
@bestfarbit74
@fract
@LuckyTrader102
@romansx 😂 My K0ksal Babitos!
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Happy Tr4Ding !
The Road to The Mooni like to make some graphs like that when peoples are in Dispair mode.
- i used a modified ADX indicator with a Monthly Timeframe ( thanks to the creator by the way )
- Look at the Mountains and tell me when in past bullruns we stopped at 100 ? - Never -
- The Highest Point is 160+
That said my advice for now is : " You don't really care if TheKing will back to 20k, what you have to care is the Highest point TheKing will reach! "
- Don't Think it's the end of this bullrun
- Don't Listen Fuders
- Use indicators for the Long Term
- Believe in Trends and cycles movements
- Believe in the future of cryptos
- Believe in TheKing because Theking cannot die.
Happy Tr4Ding !
Ichimoku CloudToday i am gonna show you why you have to use ichimoku cloud with CME and why you should avoid it with Futures or Spot trading. ( Unless you don't change settings in Ichimoku )
if you keep Ichimoku with his original settings, they are adapted for a closure of the markets every Week-Ends, that's why ichimoku is mostly used in Forex or Stocks.
What about Bitcoin ?
- CME are closing on Week-end that's why you can see a GAP every weeks.
- Perpetuals Futures never close ( That's why they call them perpetuals :D )
- Spot Margin Never Close also
- i used H12 Timeframe + i kept only the cloud
- So now you just compare the 2 Charts and you will get very fast the aberrations between CME and Binance Perpetual Futures.
- Those little anomalies can drive you to make some big mistakes while using the cloud, so Stay Safe!
And remember that "The sun always shines above the clouds!"
Happy Tr4Ding !
TheKing & GannThis is just a speculative very short term analyse using GANN on H4 Timeframe. i will make it Quick.
Simple :
- Orange Zone = Triangle Area
- Green Rectangle Zone = Consolidation Zone ( Between 31k-41k )
- Break the Triangle red line = Bullish
- Break Down under 30k ish = Bearish
- Can Notice a possible H&S Pattern on his way
- My advise for now, No Momentum to play, we are in a middle of a fighting Zone. Wait for a Breakout. (94 H4 Bars = Around 15 days )
Happy Tr4Ding !
Bitcoin are you Worried ?Everything is in chart.
- Like i said many times, more you look from far, more it's easy to predict the future.
- This Monthly Chart combinated with indicators show you how BTC moved in 2016-2017 BullRun so keep eyes open and you will find the way for 2020-2021.
- We cannot compare a Bullrun from 400$ to 20,000$ with a Bullrun From 4000$ to 3XX,XXX+$, the chart will be exponential. We are now playing with big numbers.
- imo right now we are in fake bear market stage, this stage happened also in 2016-2017 pre-bullrun ( but Numbers were smallers...), whales are just trying to create fear and remove retails investors.
- Actual stage could be a Consolidation Phase, if Whales see there's a lack of interest, they will push BTC up, or we could get a quick fast Trap to 20,000$ if Whales feel Retails not fear enough (Not sell their BTC).
- 100 000$ Target is still very preservative, past this stage it will be the FOMO Stage to go Higher!
TheKing is dead??? Long live TheKing!! :D
Happy Tr4Ding !
Bitcoin The MirrorToday i won't talk much about TheKing price action but just show some interesting facts.
- i took the bullrun chart from January to March ( Shadow on the left) and i mirrored it near the Bearish fall down ( Shadow on the right ) , from April to June... and wtf ? , the Dip is same as the Pump, it's just inversed. Pretty weird but pretty clear.
- i am also not a fan of patterns but you can notice an umperfected Head & Shoulders. confirming the mirror.
- BTC is now looking for a new Bottom Zone, you can see in the chart that we multiple Bottomed many times around 28,000$ Zone.
- if we break down this multiple support Zone it could lead BTC to retest 20k
Stay S4fe!
Happy Tr4Ding !
TheKing Zones D3
Everything is in the Graph :
- This analyse is based on 3 Days Timeframe so : 1 Column MACD = 3D
- We started to be bearish and started a retracement on 20 March when MACD death crossed ( Red Zone ). We got a second dead cat pump but Bear Mode was already engaged.
- On 28 May - Accordling to MACD Columns you can see the red bars are shorter and shorter, it could means the bears are starting to give up.
- For now we are staying in the Neutral Zone ( Yellow ), i advise to you to not play with fire because a Bear Trap can happen ( Quick Trap to 20k possible ).
- Have to wait until MACD Columns Turn in Bull mode to start to be Bullish.
- Again accordling to MACD we could turn in Bullish mode End of June ( 27 June on Graph ) ( Green Zone ).
- MACD is still the most powerfull indicator in Trading, more Powerfull than RSI or StockRSI
- Of course they are working bettter all 3 Together but if i had to choose 1 indicator it would be MACD.
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TP1 is unchanged to me : 75,000$
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Remember this is just an hypothetical Theory based on TA and MACD. Everything can change with FA... News can be bullish or bearish.
Feel free to comment with your ideas !
Happy Tr4Ding !
TheKing ShakeoutEverythings goes up have to go down.
Some traders were expecting this crash but the panic it caused made BTC go deeper than a logic prediction.
Those kinds of fast Shakeouts are orchestred by big Whales to create some fear and eliminate weak hands, but for smart money investors, it's just a very good buying opportunity.
Don't compare btc price with actual one on exchanges cuz BLX price is not adapted.
- Target to 100k is still unchanged.
So after this fresh fast crash i will just link my older analyse on BTC roads. i just adapted on this chart EMAs in correlation with the actual growing price.
Happy Tr4Ding !
Bitcoin StrategyEverything goes up have to go down.
So i will explain a wise strategy, Bitcoins seems to have a lack of power, remember that only big players can move BTC up or down. so like i said often, sometimes it's better to be Spectator than Actor. This bullrun is far to be finished but at one point we will get a strong retracement and you don't want to be in when it will happen.
For now BTC is forming a descending channel and seems to make a Lower Low for the first time ( Not confirmed yet ), as you can see in Graph we are close from the border of this trend. So there's nothing to play right now. just wait and see if BTC get some rage juice to break this bearish mode.
Again i am still thinking that this bullrun is still on but our strategy is to accumulate more BTC! so if you can catch some Dips u will get more Bitcoins ! just Logic !
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Trading Parts :
Scenario 1 :
- if BTC break this downtrend you can buy BTC after 61000$ and take the train to 66000$. if we break 66k so yes we can surely go higher.
Scenario 2 :
if BTC not break this downtrend and follow his movement we could go visit 47000$ again. a Big support and a better opportunity for a buy.
Scenario 3 :
BTC dip more and we could see a dip to 42000$ - 38000$ ( have to analyse it in time ).
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Stay S4Fe and be patient.
Happy Tr4Ding !
I maintain my target of BSV being a 1/4 quarter of a Bitcoin !A third wick formed just below the bullish descending wedge.
On balance volume holding up strong.
Price also despite weakening volume in general - this can be seen as bullish.
I maintain my bullish stance on BSV and my target 0.25 BTC for one Bitcoin.
That's almost a 15x in BTC terms and implies a price of about 1500 to 2000 USD for Bitcoin SV.
Let's see if it plays out ...
Not financial advice. However I put my money where my mouth is and doubled down on BSV recently (at 153 USD).