TheSpee

TheSpee

After approximately 2 months go consolidation in the green range, $BTC finally break 40k$ area confirm the new uptrend for the market. Meanwhile The bitcoin-domincane (BTC.D) is degreasing significantly that mean the ATL coin or shit coin out there are stronger than Bitcoin. I would rather trade altcoins than btc

TheSpee

-As we can see BINANCE:BTCUSDT are go in a consolidation range after ABC Elliott wave. Let take a look in the range, the price have fake out in Jul 22 with the high volume compare to another candle in the range its mean the buy pressure is very strong (1). -The RSI indicator break the green trendline and also pull back retest the trendline confirming an early...

TheSpee Updated 

ETHUSDT is holding above the green line as the support also the RSI are oversold LONGSETHUSDT Entry: 2307.71 Stoploss: 2263.58 Tp 1/2 2450

TheSpee

According to the elliott wave theory, we are looking at above 3 ABC bearish corrections if we think we are on a big uptrend. It is recommended to enter a trade when the price forms a setup false breakout or 1 consodiation for a long time and then breaks up

TheSpee

Gold ($XAUUSDT) As commented last week, gold is still holding on the bearish triangle pattern, this is a signal for a new uptrend for gold. The massive are now looking for bitcoin they don't focus on gold anymore so this is probably the signal to buy if we base on the contrarian strategy.

TheSpee Updated 

EMA25 and MA50 decrease, The price broke the green support Shorts DOGE Entry 0.33427 Stoploss 0.34325 Tp 1/2 at 0.2945

TheSpee Updated 

The 25 and MA50 are in crease => confirm the uptrend of 15m time frame ENtry 2158 Stoploss 2076 Tp 1/2 at 2374 Tp all with trailing stop

TheSpee Updated 

Shorts ETHUSDT The price currently bellow the EMA 25 and MA50 (They are also decrease) ENtry 2111 Stoploss 2278 Tp 1/2 at 1745 Tp all with EMA25 Trailing stop

TheSpee

The price of gold is currently broke the greed flag which has created since last year The EMA 25 and MA 50 of gold are increase confirm the Uptrend in D1 time Frame My plan: -Wait for the pull back to EMA and get entry -Entry now with a half position size -Stop loss at 1804