DadShark

DadShark

I've drawn up a short guide on how to properly range trade Bitcoin For the upcoming 24 hours. Due to the compressing 110 period distribution, Price is very unlikely to continue a new trend before sufficient mass has been shed. As such, the most likely scenario, and the best way to trade this is to take shorts from the top edge of the band and longs from the bottom...

08:30

DadShark

We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.

07:08

DadShark

A new mean reversion pivot is defining itself, we're likely to see an explosive move after it's crossed or if Bitcoin Rejects from it.

04:02

DadShark

An excellent trade with an insane profit ratio! Tell me what you think of the thought process in the comments.

07:17

DadShark

As predicted, compression has ended today and a new upward trend is being defined on bitcoin. It's a clean chart with defined pivots, have fun trading it!

09:54

DadShark

Defining trend on the daily chart in order to better understand the expansion and compression of all distributional periods on the shorter timeframes is very effective! We'll see the beginning of a new short term trend as soon as we break out of the 1h 180 1.25 standard deviation.

DadShark Updated 

Implied mean reversion on the daily chart, with mean reversion completed on the one hour chart for a perfect retracement entry into a longer term counter trend trade!

DadShark

I missed my entry signal, though the retracement back up to the top edge of the band will be likely.

DadShark

Sufficient retracement value for the continuation of trend. If this pivot is broken to the upside, we will see reversion to the 4h 200 MA. A long position to the 4h 200 MA is also viable if the pivot is crossed.

DadShark Updated 

The condition has been met for short term mean reversion, I expect the 450 MA on the 15 minute chart to be the exact retracement value for trend continuation. Ideally, wait for a 45 period cci to roll down for a lowest risk entry. Do note that you are betting against longer term mean reversion, after the retracement value has been hit, resume a long position.

DadShark

Sufficient retracement value for trend continuation, as defined by the longest overexpanded period's distribution.

DadShark

Buy in: 9449-9621 Stop loss: 9335 Take Profits: 9874, 10584 Sufficient retrace value for long position.

DadShark Updated 

Sufficient retracement for the continued expansion of the longest overexpanded period. Price will revert to the 120 MA if the band is broken.

DadShark

Here we are, coming back to the concept of mass. Let's pretend you're rolling a snowball up a hill. The further you roll it, the larger the snowball will get. The heavier the snowball, the more force will be required to continue rolling it. Once the snowball reaches critical mass it will roll down to the bottom of the hill. Of course, you only bet on that...

DadShark Updated 

If price goes inside the purple band, we'll revert to it's center. Just hit play.

DadShark

It's very probable the AION will hit the 180 MA before resuming a downtrend. That is all.

DadShark

Sufficient retracement for the reentry of longs. Stop loss is at the red line. The prior 3 times we had a full retracement to the longest overexpanded period xrp continued its trend. No reason to not expect it to do the same again here.

DadShark

Btc can stop trending at any time. Price actually hitting the resistance highlighted in the chart isn't a guaranteed thing, though it will act as a significant pivot. Most likely price will be rejected off of the 1.25 standard deviation of the longest over expanded period (which at this time is the 530 period.) If price DOES go over that pivot, price will...