btc 12-23 updatehello,
little update here.
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going to run with the bull case for now, since everyone and their uncle is bearish & scared.
when the majority are bearish & our indicators line up for a big move to the upside, that is when i become a very aggressive buyer.
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in my morning video i discussed this long setup in extreme detail, as well as my upside targets; check it out if that's something that interests you.
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looking to long 47~47.5k
with a tp at around 57k
Xbtusdt
btc 12-22 update good afternoon peoples,
got a little trade setup to share here -
didn't wanna clutter up the chart with the micro-wave count, so i rather just add it as a screenshot here 👇
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if i'm right about this count, could snipe a long at the upper bound of the 4h ichimoku cloud, in confluence with the sub-wave 4 target.
numbers are all on the charts.
ps. it's also possible the bottom is in, so if we randomly rip up tonight, it'll most likely push beyond what i have projected on my chart. i'm just looking for conservative numbers whenever i take trades, and i can care less about catching the entire move.
✌
💸
"the unpopular opinion"the bulls are back into their euphoric state, and are not going to expect this move if it comes.
btc rejected the 123.60% extension (barely making it up here lol)
it literally fought so hard to pull off this fake looking breakout, and now it's going to show its true colors yet again.
i think we saw a clean a-b-c to the recent highs,
and now we're going to see a clean 5 waves down into the local golden zone zone at 44.6k (maybe even lower btw).
ps. stated not too long ago in our trading room that i have exited all of my longs, and i am no longer interested in this upside swing as of this evening.
our indicators have called every single peak on bitcorn to date, and i don't think this time is any different.
✌
btc 12-21 updategood afternoon o/
btc is in somewhat of a flag up here, getting squeezed between the 100% extension \ the trendline overhead.
a breakout above this trendline would trigger a bunch of algos to start buying btc.
we're also finally above the 4h ichimoku cloud, which has been a massive resistance over the last couple of weeks.
it's looking kinda bullish in my eyes despite the various sell signals that are appearing on my screen today.
i'm going to have to overlook the algorithmic sells during this time \\ and lean bullish until we can break back below the 4h ichimoku cloud.
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looking for anywhere between 53~57k on this move.
ps. if we start breaking back below the ichimoku cloud, then this move was nothing more than a trap, so do keep an eye out for this key indicator.
2 paths.so i notice something peculiar on this random rip this evening,
it stopped at the 100% extension of the previous move
100% extension is a corrective target.
if this move was genuine it would continue right now, and not fall back down into the local depths.
>if it falls back down, then this was yet again another bull trap.
i'm not bullish nor bearish at this time, 100% neutral until a definitive direction is chosen.
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we've been muskedbottom has been semi-confirmed with increasing volume on this last push \ a break of the descending trendline.
key level right now is the 4h ichimoku cloud. a push above \ backtest would confirm a move to 53~57k
failure to push through ichimoku cloud, and we'll challenge the lows from today.
almost safe to say that santa is coming to town 🎅
How the Grinch stole xmas (Btc Edition)hello my peoples,
i have a little theory to share, one that i haven't seen anyone else talking about.
🎄🎄🎄
so we all know that christmas is coming,
and we also know the local golden zone is just below at 44~45k
we also know there are some really big orders down there.
🎄🎄🎄
a lot of people are expecting that area to get hit;
and i think it definitely gets hit (lol)
hit, and broken.
🎄🎄🎄
i'm looking for a move down to 41~42k as the ultimate trap before we finally spring out of this area in one swift motion.
🎄🎄🎄
ps. this is only a theory, and it's possible that the bottom has already been printed on friday - but something tells me we're going to see some holiday trickery from our dear friend grinch (aka market maker).
🎄🎅🎄
btc 12-20 updategood evening ~
quick update on our bitcorn
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so it's very possible that the bottom was in on friday evening,
also possible we come down to my original target at 44.6k before starting a little move up to about 57k
if we hold the local golden zone at 46,500 until morning time, i think we'll be able to squeeze out of this local area & see a break out to the upside.
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ideal scenario:
long 45k
take profit = 57k
btc 12-18 update~morning,
just a quick update here.
in my last few posts and videos i talked about a local bottom on the night of the full moon, and a local bottom we got
but we're moving up on decreasing volume right now, with no real conviction
which leads me to believe there might be one more leg down to go in this general area.
i'd be looking for anywhere between 44.6~42k for this final dip (if it was to happen).
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key levels to pay attention to are: 48k. if we could successfully push through this level, the next big zone would be at 49.3k - get through that and it opens the door for a larger move up to (53~57k).
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i've stated very clearly this morning that i'm not exiting anything i picked up yesterday, simply moved my stops up into profit.
if stopped, i still won on the trades, and i could simply buy them back at the next window of opportunity.
have a great weekend peoples, and trade safe!
~3 day algorithmic buy signal~just wanted to share a key data point here.
over the last 1.5 years, our indicator has only picked up a buy this big three times.
covid low
summer of 2020
tonight.
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crypto community is in extreme fear right now,
ideal time to be nibbling on some buys in my opinion.
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i do expect a bit more downside, but it's limited compared to the upside potential.
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there are many probable cases that exist out there, both bear and bull -
but we don't get buy signals this big very often.
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Bitcoin 12-17 update👋
this morning we were greeted with a nice flush on the spx500, which took bitcorn down with it ~
i'm sticking to my original plan from the other day (you can see it via this post 👇)
>longing the local golden zone at 44.6k with a 1.6% stop
>if stopped out, i'll try again at the 0.786 at 42.8k
>if stopped out, i'll try again at the 0.887 41.8k
things might get heated today with quad witching - stay safe out there & expect the unexpected.
💸
if you know, you know 👇
btc 12-17 update pt.2 (🛑)good afternoon, quick update here
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we're hanging off the edge of a cliff right now, barely clinging on to the daily 200 simple moving average.
btc must close a daily candle above this level, otherwise things can get ugly very quickly.
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i mentioned in my last posts update, as well as on twitter that i have cancelled all of my long orders, simply because something just doesn't feel right.
i always follow my intuition when it comes to doing anything in life, and this is one of those moments.
if it drops from here, watch 37k as the next big volume shelf, if that level fails to hold, we will hit my 34k level (as mentioned in one of my posts from yesterday)
and if we go that low, there's nothing stopping it from going even lower, to a place many would prefer not to even think about - myself included.
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stay safe out there peoples, use stops if trying to trade this in either direction.
as for me, i'm cash until a direction is chosen.
have a nice weekend ✌
btc 12-15 update pt.2good afternoon,
keeping this real simple.
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solid traps today for both the long and short side.
i think we're going to see one final trap before we rise.
i'm sticking with my downside target which sits in the local golden zone at 44.6k.
that is the only area i'd be willing to long (safely).
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long 44.6
🎯 57.1
💸
btc 12-15 update (critical pivot today)morning,
here's an important update to yesterdays talks.
we're at a quatervois right here right now,
this golden zone at 47,300 will decide weather this goes higher, or breaks back down into the crypto abyss.
fomc is at 2pm eastern time today, it will decide the fate of our markets.
my gut tells me everything is priced in already, and we're going to shoot up after.
cautiously bullish right now, but at the same time, i'm also on the sidelines until a definitive decision is made.
btc 12-14 update pt.2good evening,
that was a fun long, jumped out near the top of that last wick.
>now it's time for the second part of my plan.
>If i'm right about this, we should reject the area at 49k, and fall to around 44k by the 18th of december to complete the final part of this complex corrective structure.
the bottom could very well be in, but i am sticking to my original plan.
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short - 48,914
🛑- 49,444
take profit - 44,000
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btc 12-14 updategood afternoon peoples,
talked about this scenario in my video from yesterday, but we've made a slight diversion overnight.
labeling this diversion as a wave X, which is pretty much a failed impulse.
now it doesn't have to fail, and it's possible that the bottom is indeed in, and we're going to begin the highly anticipated move up from here to that 57~60k region, but something tells me there's going to be one final shake out before this can take place.
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taking a long down here in the local golden zone with a 1% stop is my plan for this setup.
only looking to take this up to about $48,500 before re-assessing my plan.
if it looks good for continued upside, i'll hold on & ride this up as high as it's willing to go.
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full moon on the 18th + winter solstice next week are extremely bullish for crypto, but there's still time before we get there; which is why i think this little move up here will be short lived, and it will be sold off into like there's no tomorrow.
stop loss is your friend, once we start moving up, move them stops up as we go.
best of luck !
💸
btc 12-13 update v2.good evening peoples,
today was a wild card, but it was also expected. talked about this exact dip that took place today in my video from yesterday. i've posted a new video this evening going over this new setup in full detail - feel free to check it out.
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there's a 50% chance that the bottom is indeed in, but a few hints on a few other charts tell me otherwise.
usdt.d 👇
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total crypto market cap 👇
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i'm looking for a move down to the -0.236 algo target at $44,900 which will complete the final phase of sub-wave wave x.
we have the golden zone just below this algo, so do expect a wick to get down there. easy fill if you're ready for it.
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looking for a move up to around 57~63k after for the next phase of this complex corrective wonder.
💸
BTCUSDT , Impacted to Support zone areaHello everybody
According to the chart and our previous analysis of BTC you can see the price exactly came to minor support area and we predict that if the price cant hold above of the minor support, it can drop more and come to stop hunter and liquid the long position and then it can be ready to go up, we should wait and watch the price can hold above of minor support or not
Previous analysis :
If you need any help for trading or ... , send us messages in private
Good Luck
Abtin
wyckoff accumulation (spring phase?)posted this scenario the other day via 👇
if wyckoff is going to pull through, it's going to be from this lower area.
not sure about a target yet, would have to see the kind of wave structure we're in after this bounce.
stop-loss below the green box, a break below that area would invalidate this scenario & take btc into bears paradise.
✌
btc 12-12 update~ (35k then 150k?)morning,
was taking a deep dive into the micro-wave count, and i noticed something very interesting.
we have a vast array of 3's in this local area - indicative of very corrective movement.
w-x-y's come in 3's, and that would beautifully explain the price action that we're currently in.
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>this case would indicate that we have put in our initial 5 waves down already into the Primary Wave (A).
>with the final fifth of Wave (A) that played out as a classical expanding diagonal, (one of the rarest moves in the markets).
>currently working on a mean retracement into the primary the Wave (B).
> [before the final drop into Wave (C) to complete a deep Wave (2) of a higher degree.
this would be very bullish if we were indeed playing out a 1-2.
wave (2) would land somewhere in the mid 30k range.
wave (3) target would be closer to the 150k region into next year.
wave 2's are notorious for going deep, to shake out those who aren't expecting it - and to reset the oscillators on the larger timeframes before the massive wave 3 impulse that follows after.
ps.
>it is very rare to see 4 red weekly candle closes in a row; here's a few that i've found from historical price action.
>in 2014 - rallied 100% after
>in 2015 - rallied 293% after
>in 2016 - rallied 3355% after
>in 2020 - rallied 1362% after
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$BTC, UCTS Sell on the 1W (prior signal was back on June 2020)$BTC
UCTS Sell on the 1W (prior signal was back on June 2020 at ~9k👌)
UCTS weekly signals are usually strong & can set the mood for the big picture
Therefore IF it closes this way, then we may have to face some sideway/ bearish months ahead
Will see how it goes till Sunday
#BTC
btc 12-13 update~morning,
>btc is holding the line pretty well down here after that little dump from yesterdays local highs - indicative of strength.
>lower timeframe bullish divergence is printing on this fine morning
>our indicator shows a good potential for a push up from here after some more consolidation.
this move over the last week or so is quite perplexing, and until we can see a definitive break out of the range that we're currently in in either direction, we won't know exactly what is going on.
added a few targets onto the chart of the potential areas btc might gravitate to.
starter long here for me \\ will exit at the first sign of weakness.
have a great day !
Sign of strength? (Wyckoff accumulation?)Good evening,
was observing price action all day today, and something doesn't add up for the bear case.
as you all know, i'm nor bear nor bull - i trade both ways all day - every day - forever living the wolf life.
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btc is starting to build a very strong base down here. any attempt to take the price down beyond this lower region (green box) has been getting bought up by a really big buyer.
this is a sign of accumulation.
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i talked about the wyckoff scenario not too long ago via:
if we can confirm the wyckoff, we most likely will not be taking out the previous lows, and we could in theory confirm that the bottom was put in for the primary wave (4) through a running flat.
could take many weeks of consolidation down here, but ultimately this would just be a massive phase of accumulation before we go on the final run to 100k+.
now i'm not saying that this is what is going on, i'm just sharing my observation for today.
the short term bear case is still 100% valid, and until we can get further confirmation, i'm not going to jump to either conclusion, but rather will stay patient & open-minded to either scenario.
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as James Wyckoff once said: "everything you need to know about the market, can be found directly within the volume profile".