DOGE/USDT FRACTAL PROBABILITY* Warning: Too much confirmation bias - Confirmation bias is the tendency of people to favor information that confirms their existing beliefs or hypotheses. - Confirmation bias happens when a person gives more weight to evidence that confirms their beliefs and undervalues evidence that could disprove it. - People display this bias...
BTCUSDT | FRACTAL | APRIL 12,2021
Will history repeat itself?
Let's see if there will be a significant move with ETHUSDT after the release of Ethereum 2.0 Network Launch A break from resistance will give us another rally up to $368 - $370-ish. But if $280-$300 area of resistance holds, expect a retracement up to $220-$226 area.
Price was retested a lot of times in a very short period of time that caused the $7,500 resistance to be broken. After price started to accelerate, it successfully reached the high of $10,000 which is a Psychological resistance (easy to remember number) If we are going to be bullish this month, we want to see a bullish pattern, ideally an ASCENDING...
ADA LONG ENTRY: 0.05270 (LIMIT ORDER) STOPLOSS: 0.05134 TP 1: 0.06039 TP 2: 0.06896
ADAUSDT SHORT Hi everyone, wasn't trading for a week, since being patient for the setup is very important. There are a couple of entries in intraday, like what a happened during March 23, 2020 where price starts to broke out. But not trusting this "BULL RUN" instead following the larger bias(MACRO LEVEL) of the trend which is...
BTCUSD SUPER CYCLE NO WONDER WHY BTC WAS A GOOD RUNNER DURING 2017 - 2018 when it reached $20,000 per BTC. We'll be bullish around 2024, we want to see a ranging market for atleast another 2years so we could set and break past highs . Disclaimer: This analysis is superficial, market behavior change over time, and nothing is certain, follow at your own...
The majority of traders are now speculating whether this is a bear or a bull market. But the real question is, "how long will the price keep being rejected from this resistance"? This led us to the idea of the price was forming a diagonal range, also known as- "The Rising Channel". From the chart ,support and resistance line - these lines are important level to...
Tho we are bearish since we had a drop from our market cap from $300B down to $180B, we want to set aside the forecast vs real "trading" Apparently, bulls pushed the market cap from $180B these past few days and now back to $202B. Still bearish even we going long with short term cycle of this trend. In this case we will follow the price on the upside since there...
Tho we are bearish since we had a drop from our market cap from $300B down to $180B, we want to set aside the forecast vs real "trading" Apparently, bulls pushed the market cap from $180B these past few days and now back to $202B. Still bearish even we going long with short term cycle of this trend. In this case we will follow the price on the upside since there...
Tho we are bearish since we had a drop from our market cap from $300B down to $180B, we want to set aside the forecast vs real "trading" In this case we will follow the price on the upside since there is a possibility it might continue its swing high to make a lower high on the macro timeframe. #tradeResponsibly
Possible areas we look for if BTC already bottomed out. Else we might see price might hit $3,000 Price also forming its rising wedge. #tradeResponsibly
BTCUSD FINAL DUMP 1. Descending triangle starts to materialize. 2. Expect another support at $8,200 - $8,000. #tradeResponsibly
Here are the basic principles that I found in identifying and confirming this is indeed a reversal: 1. IDEAL HEAD AND SHOULDER PATTERN - An ideal head and shoulder pattern consists of lower high (LH) and lower low (LL). 2. Support and Resistance - Many people like me are anticipating the next "BUY ZONE" will be around the psychological support of $9,000....
BCHUSD Findings: Bearish Divergence Price shows strength but RSI disagrees and indicates what price can't tell about this move. If PRICE and RSI disagrees there is a huge probability this bullish candle stick might followed up by a rejected candle stick. Once successful .. this is what we called PRICE and RSI Divergence. Still bullish with this once since...
Moving Average over Extended, thus increase the risk of shorting of this market. Don't chase the price, let the price come to you. #tradeResponsibly