ARKF IS NEXT IF YOU'RE PLANNING TO MAKE AN ENTRY MONDAY. ME TOO, LETS FIND OUT WHERE TO ENTER AT.
LISTEN - To your MA's they're your snake eyes. They move like snakes following the money. ( check out post " benefits of scale on the left ". They know where the price been and they're letting you know where it's going. NOW, IF ALL MA'S MEET AT ONCE, WHAT THAT MEAN? --- I HAVE NO IDEA. EXACTLY. WE HAVE NO IDEA IF THE Great Wall OF CHINA IS GOING TO SUPPORT...
PULL BACK ON 15M TIMEFRAME IF SOME CLARIFICATION IS NEEDED GO TO MY PAGE. I HAVE 1D - 15M TIME FRAME FOR BTC ON THERE. " THE BIGGER PICTURE " --- RSI ( WILL BE A CONFIRMATION ONCE CLOSE TO OVER SOLD ) --- WAITING TO HIT THAT RECENT RESISTANCE ( BUT IS SUPPORT NOW ) * WAIT FOR PRICE TO HIT ( THAT IS A CONFIRMATION ) --- ENTER ONCE IT HITS GREEN SUPPORT ...
GO TO MY PAGE AND DEPICT THE CHARTS and find your sniper entry. I PROVIDE ADVICE FOR FREE. MESSAGE ME. DON'T FORGET TO FOLLOW AND LIKE.
TALK ABOUT IN PREVIOUS POST HOW VOLATILE ETH vs. BTC. THAT SMALL MOVEMENT ON A 30M WAS $100 - $1,000. QUICK CAPTURES. 30M FOR A $100 PROFIT IS GOOD. $200 AN HOUR DUDE. SLOW IT DOWN AND CAPTURE SMALL ( ACCUMULATE SMALL AMOUNTS TO HAVE A HEALTHY STASH )
--- What candlestick pattern do we see, that is noticeable by the drawings we created on larger time frame? --- A downward triangle pattern.... What happens at the end of their cycles, they explode through that trend line roof. Let's wait and see. Always work from the outside-in to find the entry points. We make our money from the inside-out...
BTC/USD ON DOWNTREND SINCE BEGINNING OF MONTH!!!!!! WHAT DOES THE CHART TELL US? 1. PRICE CONSOLIDATED for a little and decided to hit the floor 2. PRICE CONSOLIDATED ( creating a base ) then EXPANDED ( breakout downwards ) 3. PRICE IS WHAT?! You guessed it... CONSOLIDATING ( creating another base, waiting for traders ( buyers and sellers ) to make up their mind...
THE BIGGER PICTURE: 1 DAY/YTD FRESH DOWNTREND ( PLAY IT SHORT WITH CAUTION ) --- BTC/USD HAS BEEN ON AN UPTREND SINCE THE BEGINNING OF THE YEAR. --- BTC/USD HAS RECENTLY BROKEN THEIR TREND, MAJOR SUPPORT AND RESISTANCE LINES ( BITCOIN IS IN SOME DEEP WATER ) AFTER A SLIGHT CONSOLIDATION ( INVESTORS + TRADERS ( BIG AND SMALL ) CAME TO AN AGREEMENT BTC/USD IS...
ON A D SCALE. ETH moves 500 pips a day could be 250 down - 250 up, 400 down - 100 up. doesn't matter. within a day the price fluctuates 500 pips. ETHUSD IS PERFECT FOR BEGINNERS WHO'S AGGRESSIVE ( note that) . BTCUSD is 5000 PIPS A DAY. ( PLEASE DO NOT, THEY ARE TOO VOLATILE FOR BEGINNERS MONEY ) BTC WILL EMPTY YOUR ACCOUNT SO MUCH AND SO FAST. YOU'LL CRY. STAY...
ON A DAY SCALE. ETH is oversold and WILL rise on a ON A DAY SCALE. Thats a HUUUUUGGGGEEEE time Fram. Through-out tonight and until you see otherwise some buying opportunities. If I make you rich off this, see if your wife will marry me instead.
IF I can today. I'll work from the( outside - in ) D, 4H, 2H, 15M, 5M, 1M to find some sweet entry points and make our gains from the ( inside - out ) entry point 1M, watch it on 5M scale for a few (looking good), not oversold on the 15M, broke a trend line on 2hr......damn I've been in this trade all day? its nice out, I think I'll rent the Lambo today. lol
NOOOOOOO LOOOONG positions TODAY. I know we're firm believers BUT a firm belief does not replenish the account after a breakout on a downtrend during a long position. Refuel and get the MONEY.
In previous post. You can catch. For those who've seen and is following ETH this morning. If you went long earlier you can possibly make some money back. WE PREDICT price action from historical price action. Zoom out to the bigger picture.
As a trader we perform a technical analysis based off "historical data" where was the money, how did the money progress to where it is TODAY". Our job as traders is to what? PREDICT FUTURE price action. If my job is to see where price is going (the profits are unlimited) so, the only thing we need to know is where to stop the money and your stop loss is not only...
LEFT (15 MIN) for our day trades + (4HR) to keep up with our overall trend. GOOD LUCK.
If we zoom out. We'll see how short those support and resistance ranges are. If you zoom in much more range it looks like, right. Capture those profits in preparation for the bigger move (4hr scale trend cycle)
Decided to zoom in (smaller timeframe) 15min. Almost Perfect long position if you believe ETH will break through lower support level and ultimately break this BS downtrend. Thank god. & its ALMOST PERFECT because PRICE HAVE TO be STRONG to break through EMA200 (great Wall of china) to proceed that breakout to upper support level on 4hr scale. ***I change my...
Though we can find scalping or momentum buying opportunities in ETHUSD they haven't proved they're back on track for their uptrend. ETHUSD unlike bitcoin made a MAJOR pullback but DID NOT break they're overall trend (uptrend). The green lines are buying opportunities from support and resistance on smaller time frames (for a sniper entry, zoom in on smaller...