DenisTrofimov

DenisTrofimov

The buyers need to keep the momentum going otherwise we will test the main Support Level $202-204. On the first test from above, I expect a bounce, but if we test it again we will dive in deep into the middle of the range with a lot of trapped buyers. The whole ETH updrend and breakout is questionable and has many chances to fail. Its not a reason to not trade the...

DenisTrofimov

Bitcoin entering the consolidation zone before breakdown. A breakout above $10,600-11,000 will invalidate this scenario.

DenisTrofimov

We all like playing this game and can spend hours watching how the stone disappears in the depth of the water. That is what is going on with Bitcoin yet again. The speed and the inertia are both fading. Dive in soon!

DenisTrofimov

The break above the $203 level can lead to a big sign provided Bitcoin is not dumping.

DenisTrofimov

Gold is still in consolidation phase right before a big-time frame resistance zone. I expect the resistance zone above the range to still hold, but until then long scalp trade is possible from the bottom of the range and target to the middle.

DenisTrofimov

The price has been in the balance for over a month and now the range is mature. At this point either the buyers or sellers will step in and push out the price form the range aggressively. This is the direction I think the market should go to gain strength and continue the bull run or consolidation in a lower price lever.

DenisTrofimov

This is by far more of a short setup, but I would give buyers another attempt to break out of the zone. If they do, I will enter long on the retest. Under the zone is all short setups

DenisTrofimov

Bitcoin bounced off the bottom of the current range. Expecting the price to reverse and go toward the top of the range or even possibly expanding the range further. All the numbers on the chart. Risk 1.5% only. Drop below $9800 will invalidate the idea. Stop loss should be placed there.

DenisTrofimov

BTC bullish scenario. Test of the NVPOC and CME GAP Close

DenisTrofimov

Next target is the top of the multi-year range.

DenisTrofimov

I personally do not have any position at the moment. I did miss the short from the top of the range, but now we are in the middle. But my uncertain sense of the next possible move shows this pattern. No trading is trading in this situation.

DenisTrofimov Updated 

BTC CME to the Moon. Does not look like a false break-out Strong move is in motion. Do not short!

DenisTrofimov

Bitcoin heading to Mid $11,000

DenisTrofimov

ES_F broke out of a multi-week balance on huge volume in the Globex session. I am setting two automatic long orders, each with a stop and with the target on the chart. Balances like that can lead to new all-time highs

DenisTrofimov

I was shorting the resistance zone $10,800-10,900 until I realized that the buyers are still in control and tested the zone twice already. Even though we have aggressive selling at the resistance zones, bulls have good chances of breaking out. Therefore, I am going Long with the numbers and set-up on the chart. Stop loss is a must and do not use more than 1.5%...

DenisTrofimov

Bitcoin. Flat range ahead. Trade in the zone

DenisTrofimov

Looking to short bitcoin from the current price. Reasons: Biggest Volume at the end of the trend+ Major Resistance Zone+ Trend exhaustion=Upthrust=The end of the trend

DenisTrofimov

For those looking to enter a Long on Bitcoin, here is the idea of the Pullback Continuation Trade Setup. The ideal entry would be entering the long at the now Short-term Support zone which has confluence with the approximately 50-62% retracement of the move. That would be an ideal area to enter long as the stop can be placed pretty tightly behind the zone that...