BLX trade ideas
BLX BraveNewCoin Liquid Index Analysis March 30, 2023It's time to accumulate Bitcoin BTC and your other favorite Alt Coins. The next year and half will be a wild ride but potentially very profitable. For now, we want to see BTC break past the $28,975 trend line (Resistance Level). Enjoy these times and definitely expect $1,000-$5,000 swings in price.
Not Financial Advice...Trade with Confidence and Control.
⚡️BITCOIN⚡️ - THE BIG WAVE HAS STARTED! 🌊🌊Hello friends of trading View!
I'm Gustavo Correa and I come to bring you another study on past and future correlations.
Look at this monthly chart:
We have just below the MACD indicator set at 5/15/9. See the particularities of these four moments when the MACD was negative and crossed to positive.
👉🏼 From left to right we see Bearmarket. Right after a crossing pointed out by the red circle, we observe a jump of 159%.
👉🏼In the second event, in May 2020, as soon as there was a crossing, there was a jump of 562%
👉🏼In the third event, on September 21, there was a crossing and then a 45% jump.
Now see what a beautiful thing! A new event like the previous 3 is taking place. The crossover has already occurred and so far there has been a 23% jump.
Will we see a violent bullish move, bigger than past events?
The real thing is that Bullmarket has already started and we already have more than 80% appreciation so far.
What do you think of this idea?
Comment down below and see you next time!
Short Term - Navigating Potential Correction and Managing RiskOver the weekend, I've been analyzing Bitcoin's performance, seeking to determine its next market move. Similar to my view on the S&P 500, I believe that Bitcoin is due for a correction in the near future.
It's possible that we could see a spike to $30,600 or even slightly above before experiencing a larger rejection. This level represents an equality target based on my wave analysis. While it would be an extended move, I'd assign it a 40% probability of reaching that high. If Bitcoin does approach $30,000, be prepared for a swift spike, as numerous stop losses could be triggered at that level.
Following a rejection, we can expect Bitcoin to revisit the 200-week moving average, currently around $25,000. It's not unusual for price action to oscillate around this crucial indicator. A drop from even our current levels to $25,000 represents a $2,500 move or roughly a 10% decline.
While entering high-leverage short positions on Bitcoin futures or perpetual swaps might be tempting, it's essential to manage risk wisely. I personally liquidated (note: sold to cash) a portion of my BTC holdings at $28,000 last week and plan to wait for a significant pullback before re-entering the market with those funds.
As for the much-anticipated altcoin season, exercise caution and consider reducing risk in this area as well. It might be prudent to take some profits now and look for re-entry opportunities when Bitcoin eventually corrects. Remember, market conditions can change rapidly, and it's essential to have a well-thought-out strategy in place.
The current Bitcoin market outlook suggests a potential correction in the near future. As always, it's crucial to manage risk and avoid overexposure in high-leverage positions. Keep a close eye on market movements and technical indicators, and make informed decisions based on your own research and analysis.
Please note that this analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.
AW Bitcoin Analysis - Getting Closer To The Preferred Count...As always, I aim to improve my analysis of Bitcoin because if I am not producing better ideas then I am not doing my job.
You can see the chart for this idea linked down below in related ideas.
By now I have dissected and cross examined this chart more times than I can count.
Let's get one thing straight, Bitcoin has not ever seen a GFC so assuming that it won't actually correct properly during a crisis is probably going to cost you dearly.
The news is cat ship wrapped in dog ship, so believing that Bitcoin is performing well because of some silly media BS is only setting you up for failure.
Besides, don't people often say that the FED never lets the market correct properly? Why wouldn't you want cryptos to correct properly?
One thing Bitcoin has never done is correct properly so if you want it to go higher then you will understand why this is important.
Does this offer people a chance to get in at a much lower price?
You better believe it, and I want to help you get in cheaper because when the whole space finally moves up, you will be better off for it.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Bitcoin Analysis - IS SHTF For Bitcoin? Old Count Modified...The truth is that my old count modified For Blue Wave 4 makes a lot of sense when looked at this way.
Why?
Because if I was counting this move up as a Weak 5-Wave move, the problem is that Waves 4, 2 and 1 are not overlapping.
Therefore, it cannot really be classified as an official Weak 5-Wave move. Duh!
But also, look what happens when I run a trend-line from the previous 2 Wave 4's...
Price has been interacting with this particular trend-line recently which might help explain the price action at the lows right now.
Something about the crazy insane mania I have seen lately piqued my curiosity and I just had to try out this combination of analysis.
It seems plausible therefore I will head in this direction because it makes sense to do so.
I have also been making progress with the move down since all-time-highs which might help explain what we are seeing now.
Could the SHTF for the original crypto afterall?
Could we really be in Wave 2 of a larger unfolding trend right now?
I will do my best to answer these questions very soon.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Bitcoin Trend Channels Could Help Predict The Path Of The RallyI have removed the angles used to create each channels for easier visual digestibility, but uptrend and downtrend channels are based on the same angle. If Bitcoin were to be entering an impulsive phase, there is a strong probability that it follows the same trend angle, making this channel a possibility. I am publishing the content to see if Bitcoin follows this path in the future.
Bitcoin signals a bullish trend beginsEhehm...
Every time this signal flashed, Bitcoin went on a massive bullrun.
It flashed a few weeks ago.
If one Bitcoin is not worth a million dollars by the end of 2025, I will eat my hat.
I'm dollar cost averaging.
You do whatever you want.
Pinning this post.
Mark my words.
This is not financial advice.
I'm bullish.
AW Bitcoin Analysis - The Current Wave D In More Detail...This video is a continuation of the previous idea where I discuss the larger pattern. (Linked Below)
I also give you price estimations which can vary depending on where Wave E ends.
Wave D is really good at faking people out, so this is why I am going so deep on this whole thing.
The price fluctuations in Bitcoin are in line with human psychology and emotion so I find this to be quite fitting for what we are seeing.
Trend-line breaks are great, but they usually work best on the last wave of a correction.
When it comes down to it all you can be the judge of all this once we see price unfold.
Don't forget that XLM still has to make another low, how do you think it will get there?
Lately I have been questioning everything because I see a lot of emotion in people lately.
If Wave E happens to extend lower then what is mentioned in this video, that may also cause confusion.
All we can do is be on the lookout for more clues along the way.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Bitcoin LONG 2023-2025 RoadmapBitcoin
2023-2025 Roadmap
Let the bull cycle flow through your veings
Focus on time cycles, market cycles, market psychology, markdown/accumulation/markup phases
Averaging in on Bitcoin/crypto during these down periods and averaging out as we go parabolic has proven to be high IQ moves for 10 years+ strong. No need to stop now.
Trend is your friend
-@CryptoCurb
Wyckoff Distribution VS Wyckoff Accumulation I have taken the chart from late 2019 to now and flipped it over up side down., and i'm wondering, if this could be in store for the Bitcoin price this year into nest year. I've also included the Halving date with the yellow line.
What if bitcoin just does another distribution phase?
This just a thought. Please let me know what you think down below.
Thanks
WeAreSat0shi