Here I provide a trading challenge. It's not a easy challenge, discipline is needed to meet the goals. The goal is to start with only $50 and increase this to $10.000 (200x) in 2 months time. Every trade always need a 1:4+ RR in order to not devalue your portfolio quick after making some losing trades. Total trades to be taken is around 80 - 100 with a trader...
Been on vacation for a while and finally back to the chart. What you see here is a potential butterfly on BTC. Trade should be taken between 34.5k - 35k. Confluence for this trade: - 3 Fibonacci Gan Fan. - Golden pocket. - Butterfly Harmonic with a 1.27 fib level. - Monthly level - Naked POC. - Elliot wave 4 count There are probably way more confluence why...
I believe Bitcoin is going down.
What you see here is a Cypher Harmonic on the BTC chart. Trade should be on the .786 of X-A ( ~ 42.8k ). Confluence for a short entry: - Previously value area low (VAL) on the previously consolidation. - .786 (X-A) - 1.414 (B-C) - Untapped Daily level - Gann Fibonacci Fan Target: 37.7k untouched daily level. Take profits on ~ 41k and 39.8k. Stoploss on...
What you see here is a trade on BTC. Trade should be taken at the current price of $39.6k Confluence: - Big naked POC at $39.2k - .786 + golden pocket - Fibonnaci Fan Stoploss should be below invalidation at $37.9k. Target: aiming for 45k. Taking first profit at ~ 42.5k
I am expecting an third touch of the rising channel which has been traded very respectfully. Trade should be near ~ $37.3k - $37.8k. Confluence for this trade: - Bottom of the channel also a comfirmed 3 touch trendline - Weekly, daily untapped. - .786 Fibonacci (34.3k to 48.3k) - .786 Fibonacci fan (low 33k to high 48.3k) - .2618 Fibonacci extention. - ...
What you see here is a almost perfectly formed butterfly harmonic in play. The short trade between $1980 - $1990 is based on the confluences: - Untapped weekly level - Untapped POC level (naked point of control) - 0.5 (swing high to swing low) - Harmonic retracements: 2.0 (B-C), 1.272 (X-A) I recommend taking 3 compound trades on the PRZ instead of 1...
What you see here is a Adam and Eve patten with a Elliot Wave count. 3 Trade to be taken: Wave: 2 Long: Wait on entry below current price: $142 to take profit on around $187. Wave 3 short: This one will be a short because of the Grab Harmonic. This short is risky due the Adam and Eve pattern. Entry short should be around $190. Wave 4: Long: Wait for the...
What you see here is a bullish gartley on ATOMUSDT . Trade should be on ~ $24.22 which have the following confluence: - .786 (X-A) and 1.272 (B-C) - 1-1 Fibonacci Extention from A-B-C - Support block. Stoploss below the PRZ to prevent having too much loss. BINANCE:ATOMUSDT
What you see here is a gartley harmonic and a ABCD pattern. I expect ETH to decline back below 3k to test those levels again. Confluence: - .786 ( X - A ) - 1.272 ( B- C ) - Big support block flip into resistance Entry on confluence: ~ $3560 Stoploss validation above confluence ~ $ 3650. Target: $ 3K minimum. BINANCE:ETHUSD
What you see here is a falling wedge with a target of $1.00 with more confluence for a short trade. Between $0.94 AND $1.00 is where the trade should be made. Confluence: - Old POC ( not a naked POC ) - VAL slightly below. - Daily level - Target falling wedge - Fibonacci Time on start/finish falling wedge - Fibonacci Fan - And the big one: the golden...
This is what I predict to happen on BTC. ...
I posted an earlier idea that resembles this, but the correction phase is a bit different now. After a wave there is often an ABC correction and on this I put an ABCD pattern because earlier it is close to the .681 reject. Between 54k and 56k there is a lot of support there will be the PRZ where a last wave 5 can be started. Idea based on with few changes.
I see Bitcoin following an Elliot wave (As in the picture left) which is now preparing for the final wave 5 for a major potential correction (which could lead to a bear market). The target of wave 5 is not yet clear for me but taking profits all the way up.
I expect to form this symmetrical triangle with a fake out coming at the 57k (daily + .382) to hold and a new impulse to the upside. There are a lot of short opening which make a fake-out very most likely to happen. 57k also has multiple confluenes to which it must keep for the chart to remain bullish in the short-term. However, I expect a run above 75k which...
Head and Shoulder + 0.66/.681 + 2 parallel channels + daily level on the 64k - 64.4 will act as resistance and from here it will drop. After that, I expect the (C) correction to be around 57k (daily level + 1.681 + .382 + 1-1 Extension + support last week + 2x .786), so I expect this to hold and go up from here. Also, I used Fibonacci Time to measure the move and...
BTC Chart ...
Bitcoin analysis. ...