MrBurns28

MrBurns28

BNB is showing clear signs of distribution on the Macro to those who know what to look for. Big players are selling at the tops and loading off on retail. If we lose the $500 level we could head much lower.

MrBurns28

It seems we can expect a Spring after sweeping prior lows, to complete this reaccumulation schematic. As always practice caution

MrBurns28

A major Distribution Schematic could be playing out. I am cautiously bullish on some crypto but these higher timeframe distribution patterns on BTC/XAU, BNB, SOL and many more will eventually play out. Just a friendly warning to all. Do your own research, not financial advice Welcome to what could be, the next decade of the crypto market

MrBurns28 Updated 

Paying close attention to this pattern. Could indicate ALT season approaching soon

MrBurns28

118 day Wyckoff Accumulation Zone Break of that zone with volume Backtested and pushed above Currently trading around some liquidity Price targets above (Fib extension)

MrBurns28

Expecting this correction to the upside to complete to 8% area. It seems it has two weeks to complete the time-based fib 1-1. after which the bull market will start

MrBurns28

As you see in my previous idea the liquidity grab above 48,2k played out as shown on that chart. For a late short entry I am looking at shorting between 43,9k and 48,2k as I am seeing one more run up to these levels before a major crash, first Take Profit level will be below 24,7k Not trading advice Happy Trading

MrBurns28

Looking at the C-Wave move down to complete the bear market Liquidity above 48200 taken out Bearish divergence on weekly and daily Let's see how this plays out

MrBurns28 Updated 

Keep a lookout for DOT and other altcoins, there are major bottoming signals flashing for the altcoin market. Bullish Divergence on all timeframes and 5-waves completed is a sign for me to shift long in my bias. Not trading advice Happy Trading

MrBurns28 Updated 

Seems like Eos is forming a bottom. C-wave correction is completed with bullish divergence on weekly and daily chart

MrBurns28 Updated 

Altcoins are ripe for the picking. Showing bottoming signs. The end of the bear market is upon us. Bullish Divergence on weekly, daily, as well as on lower timeframes Not trading advice Happy Trading

MrBurns28 Updated 

One of my ideas for bitcoin. We might see downward momentum for this asset for the next few months

MrBurns28

Bullish pattern forming on BNB keeping an eye out for this

MrBurns28

The market conditions are right for one last dump to new lows The weekly bearish divergence is there. Once we get daily bearish divergence its will scream caution. I am looking for a possible liquidity grab above 33k, after which I see the last 5th wave to the lower prices to play out. Happy Trading

MrBurns28

A clear end to the correction at 0,83c for Theta has begun according to my analysis. I am expecting an uptrend to form for the next few months ahead. An invalidation would be the break of the previous low of 0,7c Not financial advice Happy Trading

MrBurns28 Updated 

This is my outlook for bitcoin for the next few months. As seen in my previous idea, you will notice that I was expecting this rally from the 15k lows. It is now time to take profit off the table and/or look for short opportunities. However Altcoins could possibly make new highs while bitcoin makes a failed rally. Not financial advice Happy Trading

MrBurns28 Updated 

If we should see the Bullish divergence on the RSI weekly chart play out then we are most likely headed up to finish the corrective move in an impulsive 5-wave move all the way up to 27k Not financial advice Happy Trading

MrBurns28 Updated 

Eth looks to complete the correction round $1100 if it forms bullish divergence around the 2hr-4hr time frame at around this price. Keeping an eye on this movement, if it plays out it could indicate a bullish start to 2023 for all crypto. Happy Trading God Bless