Nova44

Nova44

If btc holds 18-20k this could play out on the bounce , invalidated if btc crushes this region to the downside. Use proper risk management.

Nova44

Fresh Post Monday Fun In trading it is very important to have several mental models in mind. You can not be biased and in love towards 1 scenario you WANT to happen. we have a beautiful ascending triangle which can be recognised by a ceiling and a sequence of higher lows. Important to note is that patterns occur on every timeframe. What happens on a smaller...

Nova44 Updated 

Be very careful , volume is dropping while price is climbing. Asset managers still have their shorts open. The goniometry for this checks out ! Look for reversal signs at the 1.272 of the xa leg. Target 12k and potentially lower.

Nova44

Hi , I try to display a big picture of what is going on with BTC / USD. Looking at this chart you can clearly see that the bounce that we got should have been no surprise ! Cluster support was present and reversal signals were there on the micro trend , hope everyone was able to make some cheese. Looking at the big picture , I am still seeing a downtrend...

Nova44

As displayed in the pitchfork channels. First we flush break resistance , then we retest as support and then we take off to the next channel. Take profit targets given. Keep an eye on the zone between the .618 and .786 fib levels ( pulled from top to bottom ) for potential trend reversal once we reach that level. The new quarterly candle starts next week so expect...

Nova44 Updated 

Hello , Im an amateur. I have 0 credibility so dont take my word for it but I do notice a few things : - If we assume we have been crawling out of the bear market this past couple of months , dont you think it should have been slow and steady like a healthy trend suggests. The previous bear market transitioned into a bull market uptrend on a 23 ish degree...