Nutty_Trader

Nutty_Trader Sep 19, 2021

Following a drop BTC has formed a symmetrical triangle on the 30M time frame. This is usually a continuation pattern and not usually a reversal pattern. I'd expect a drop to the 46.5-46.7 range.

Nutty_Trader Sep 18, 2021

This line of resitance has held up for 10 years. I wouldnt expect to see it be broken now. Given all that is going on in the world along with the Evergrande situation.... I think it's safe to say we've reached the top.

Nutty_Trader Sep 16, 2021

Evergrande is a major Chinese real estate developer, who through leveraged properties and issuing US denominated junk bonds, built up a real estate empire making it the second biggest in the country. Due to the pandemic many of their tourist properties suffered a hit. They've now managed to rack up $300 billion in debt. They've just announced that they wont be...

Nutty_Trader Sep 15, 2021

Look at the fib levels and bitcoin is playing out exactly as it did in may. There aren't any bearish indicators that are popping out at the monment but, the only way to invalidate this pattern at this time would be a CLEAR break above $48,500. I can't see that happening but you never know. If the next breakdown is similar to May then we can expect the 32-33.5k...

Nutty_Trader Sep 13, 2021

Rising wedge pattern formed on 15M chart id expect a break down out of this pattern

Nutty_Trader Updated  Sep 13, 2021

Bearish divergence has formed 1H chart. Could be a trap as the rest of the chart looks pretty nice. Id expect a pullback to .78 - .82 range. Thank you for viewing my post! Not financial advice.

Nutty_Trader Sep 12, 2021

4H Bearish Divergence formed. Could be a trap and everyone else is probable seeing an inverted head and shoulders pattern. Market dumps are common on sundays. Would expect a pullback here. Thank you for viewing my post! Not financial advice.

Nutty_Trader Sep 10, 2021

If Bitcoin continues to follow the same pattern that played out in May, then this would most likely be the path it takes. To invalidate the May pattern BTC would need to break above $48,500. The $37,000-$39,000 range would be a good entry for anyone looking to make a swing trade back to the $45,000 - $47,000 range. Ultimately we should expect to retest the...

Nutty_Trader Updated  Sep 10, 2021

Could be a good opportunity for a quick 20% profit. NOT financial advice

Nutty_Trader Sep 7, 2021

Bitcoin has been following the same pattern as May...just sped up. I expect a bounce to the 48-49k range and then down.

Nutty_Trader Sep 5, 2021

Looks to be forming bearish divergence, along with stuggling to break above key resistance.

Nutty_Trader Sep 3, 2021

Looks like cosmos is ready to begin its 5th wave. I expect to see Cosmos near $90 in the upcoming months.

Nutty_Trader Aug 25, 2021

Looks like DPET correction may be over, and could be swinging to the upside. NFA

Nutty_Trader Aug 25, 2021

Algo should play out one of two ways short term. Not financial advice.

Nutty_Trader Jul 25, 2021

Not financial advice. But I would have a nice buy order set around 0.50-0.55 cents.

Nutty_Trader Jun 22, 2021

NOT financial advice. But I will be placing a nice buy order at 50 cents.

Nutty_Trader Jun 19, 2021

If you invert the BTC chart you will see a pretty textbook elliot wave structure. All of the fib levels match up as well. Leg 3 is exactly 1.618 of leg 1. Best case scenario we end up having a truncated 5th wave which takes us back to 30k before reversal. Worst case we see 26k. This is all my opinion and not financial advice. Thank you for viewing my post!

Nutty_Trader Jun 14, 2021

Significance of Master Candle Master candle signifies a point in time where the price falls into a tight range and both bulls and bears are struggling to move out of this range. The 4 child candles following the master candles represent the state of dilemma between bulls and bears. You may also choose to look at only 3 child candles and ignore the 4th one. As...