I wanted to post a Long idea about BTC. It seems like the general sentiment is leaning towards a correction to the 42000 region as a result of the break of trend line. I propose that BTC has respected this parallel channel that is respected all the way back to march 2020. The 46800 level first acted as resistence to the recent bullish price action and then was...
This is piggy backing off of my BTC post about a wyckoff fractal. In this idea I try something different and lay out specific price projections and their likely timing. 3080 I beleive should be the ideal buy - leading into a V recovery by tomorrow morning to break 3180. Lets see how this plays out. *Invalidated by breakout or down from defined boxes.
Hey everyone - I thought I would post an idea I had. I have been following a trend of wyckoff accumulation patterns throughout this bull run. I weigh the higher timeframe fractals much greater but I do believe (and I have been successful with) the same patterns at any scale. This specific bars pattern I took from the 4h timeframe starting at the initial crash...
Trading BTC on the hourly. Inverse head and shoulders formed at the .618 fib from recent low of 28000. Tp - 52500 sl - 49200. After this move I suspect further consolidation around this important fib level. However, unlike many ideas that I have seen - I think that BTC will break the 50000 and flip the resistance to support.
In the name of simplicity, this is the current trends that I see dove tailing off of my previous videos. Thanks for checking it out and let me know what you guys are thinking!
TO THE MOON! Everyone move to Austin quick before the sjw's get there. JK, kinda.
Update on my idea yesterday about the continuation of the rising channel. I used a fractal bar pattern of the last 4 hour retracement to attempt to predict upcoming price action. Lets see how this plays out with a strong move to 3400, one last correction down to 3160 and then towards ATH towards the end of August. MACD cross on this time frame. Volume is...
ETH has been trading within a parallel channel since the low around 1700. You can see that the trend has corrected to the bottom trend 4 times now. This time there is a bearish divergence on the 4hr RSI, however it is not replicated on the MACD. I am personally still long, but more so just hopeful that it remains in this channel for easy scalp setups.
Just an Idea. Mirrored descending trend? Thoughts?
Good morning everyone - Eth wicked off of this logarithmic channel that I charted back in June. I am long at 1920, sl 1819, tp lambo. This remains a risky trade, keep your leverage low and your losses tight. Crypto Psychology - Remember that risk is something that is controlled personally and is not to be mandated collectively (i.e. masks). Those who...