This is a technical analysis I drew up 4 years. I was not expecting much from it when first drawing it. But now I feel I should publish it for my journal as I watch the current bull run play out.
This is for my investment journals. RSR is exiting the distribution as it follows bitcoin. Wave-pm indicates compression on lower periods. My expectation is to continue the bullish trend as we approach the halving date for bitcoin 4 months from now.
we are still compressed and moving upward unless below trendline, I wouldn't say it's bearish not sure whether to qualify the small pumps as scam wicks or not but I believe the tests of resistance are liquidating the sell orders. If consolidation continues upward or close to the 130 ma it's just eventual that we'll have the pump without adequate sell orders to...
cci is waning, we have a bullish divergence and vfi is crossed. take a low risk long here, anywhere inside the highlighted area with stop losses underneath trend line
What if Bitcoin has always been in a Bull Market. What if we are entering the Bear Market for the first time? Among many things Bitcoin is a tremendously valuable asset, there is no doubt bitcoin is a token that heralds the birth of an industry. But what if we do not have the mass adoption necessary to sustain current prices? There has been speculative weather...
we're sitting on top of weekly 50ma, kinda expecting a wick underneath before the week ends and then finally breaking resistance and stopping at weekly resistance to form a flag. I'm half expecting what I drew to be invalidated at some point so I can counter trade the pattern. But for the most part that's what I can see from here.
Vfi is crossed down on 1hr and 4hr, we don't seem to have the same momentum the last time we touched down at this level. Cci is developed negative across 1hr and 4hr. Unless bitcoin enters the green circle, can't go long, below red line will mean a massive dump. If you like my calls, you can see more of them, all my sweet entries, and learn more about trading at...
CCi is diminishing on the 1hr chart and the 4hr is showing some resistance on vfi and cci. The higher low made in price action has nest price inbetween the 1hr 233ma and 100ma which concerns me as a bullishly compressive move. It looks like we're headed up from here 10 at least 10500 where the 4hr 100ma is at, that move would keep in line with the bullish pattern...
Bitcoin broke above the 1hr 233ma but then sailed underneath it, underneath on 15min aswell with negative weighted cci and we have a vfi cross down. Its bearish. If you like my calls, you can see more of them, all my sweet entries, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link or message me...
It looks like BTC took the more bullish pattern. It just tapped on resistance, CCI about to roll up, nice spot for a long today. If you like my calls, you can see more of them, all my sweet entries, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link or message me @VErbadoo#0847 Or if you wanna sponsor me use my...
Welp I was wrong, owning up to that Btc is extremely bearish now on the daily, cci is headed downward, vfi crossed down Vfi on 4hr is about to travel downward, on 1hr we are leaving the bollinger loxp. We could see another spike upward to the 1hr 100ma but its really about to start falling apart. Might travel down to 9640, around there before halting and then...
Seems bitcoin is tagging the 1hr 233ma and 4hr 233ma back to back but this overall movement is still daily bullish. You can take a long here and be pretty good, until we tag the 4hr 233ma again If you like my calls, you can see more of them, my positions, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link or...
Waiting for price action to meet the blue 1/10th*233 ma on the 1hr chart before re-entry for a long. CCI looks great and we're above the 1hr 100ma. Last time we were above the 1hr 100ma we ran to 12k If you like my calls, you can see more of them, my positions, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link...
I made another entry where the Price Action touches the upper band on the 15min. I believe our next stop is 11k, adequately compressed though cci is losing steam we still have enough left for another leg up and then might get a clearer view of whats next up there. If you like my calls, you can see more of them, my positions, and learn more about trading at my...
I'm in a 33x long and will be pulling my profits at 11k. If you are still in do not try to see profit taking after 11.3k. Find a spot before then to take some healthy pnl. 11.3k is a very hard resistance, very psychological as it is where the gigantic dump from 11.3k to 9.6 occurred within a day. Everyone thought THAT was the golden run. It was not and this may...
indecisive trade. You could try long here but it is a MEDIUM RISK level trade, I would put my stop a bit below 10485 as going below will enter the 1hr 233upperband and break the 233ma on 15min. Better to just wait to see if this actually goes to 11k or drops from here and then there will be safer moves to be made If you like my calls, you can see more of them, my...
Expecting a retrace to 10.6k on the fib possibly 100ma 15min catches it before it can reach, then will enter for short If you like my calls, you can see more of them, my positions, and learn more about trading at my discord Verbatim Crypto Calls discord.gg just click the invite link or message me @VErbadoo#0847 Or if you wanna sponsor me use my ref code for...