HedgeMode

HedgeMode Jul 24, 2023

High-Level Overview: As we progress through 2023, it appears that Bitcoin (BTC) has transitioned into a cycle impulse wave, a bull run in a five-wave structure, from the bottom of the recent bear market. Within this cycle impulse wave, we are currently in the first primary wave, which is projected to climb up to the 39-40k range. However, this upward...

HedgeMode May 18, 2023

A careful examination of the 9-12D timeframes using the Ocean Channel indicates that BTC has established robust support around the 26-27k level, while DXY is showcasing bullish momentum but is fast approaching potential resistance around the 103-104 mark. The DXY has been exhibiting a bullish trend after the significant retracement. However, the index's rapid...

HedgeMode Nov 27, 2020

BINANCE:BTCUSDT beautifully matches the Wyckoff Distribution schematic , which means that a crash is likely now. Target 1: MA 50 on daily Target 2: MA 200 on daily Disclaimer: These are just my ideas and no trading advice, please do your own research before making any decisions.

HedgeMode Nov 18, 2020

Just an idea - but see how nicely the chart matches the Wyckoff Distribution schematic