-Yurlo Good afternoon traders and investors, Please hit the like button for me 👍 Today I've decided to make a technical analysis on the weekly chart. As you can see there's 3 visible resistance levels (bodies) that Bitcoin is currently facing at $11,400. We've also almost PERFECTLY wicked to the 0.786 fibonacci level ($11,730), where price action rejected rather...
-Yurlo Please hit that like button if you're bullish 👍
-Yurlo Short position invalidated. Bitcoin's strength is INSANE and i'm a full on bull now. When $13.8k fella's? LETS MAKE SOME MONEY SHALL WE KINGS When new ATH?
-Yurlo (Please SMASH the like button if you like these visuals) 👍 $BTC ~ $USD A: liquidity sweep (ltf) B: trump pump Where are you placing your bets? Are you bullish or bearish? Things to keep in mind going into the upcoming week: #1: $1.8 trillion dollar stim package rejected #2: possible ltf liquidity sweep before any bounce or drop further #3: most of...
-Yurlo If we do see a retest id imagine we'd at least see a correction to $11,100 at the BARE minimum. Just wanted to share a quick post with an update.
If $11,100 is the top it just proves to myself sticking to the plan is the right move (just need to enter initially with less size & DCA in slowly) We just wicked above the 3rd validation point in the downtrend but a wick down to $9600 (cme gap) which is an area of interest considering it's obviously a potential massive buy zone (which could send us to...
-Yurlo Please give this post a thumbs up if you appreciate the visuals on my profile I've posted for the crypto community First of all: I got trapped and shorted the bottom. Second of all: The 1st bull run is for learning and the 2nd is for earning. THUS BEING SAID, I'll be taking this entire bull run to really learn things that only come from experience, and...
-Yurlo (no this is not financial advice, yes I'd appreciate if you hit the like button to support my technical analysis) 👍 Good afternoon friends, honestly have no idea what will happen next in the market but I'm leaning towards a sell off in coming weeks before elections in November. Being a bear has been difficult but my TA tells me until $11,000 breaks to...
-Yurlo Please SMASH the like button if you appreciate the visuals on my page 👍 Price action talk: There's a lot of bearish FUD news circulating around the space. #1: KuCoin Hack (200+ million) #2: Bitmex news (Arthur Hayes facing lawsuits) #3: Donald trump testing positive for covid and being hospitalized #4: Biden tests negative for covid (this is bearish...
-Yurlo Please do me a favour and smash that like button 👍 So i've been hearing an awful lot of trash talking coming out of bulls "buyers" lately. First of all bulls failed to break $11,000 not only once but TWICE with a clear rejection below $10,800 heading towards the support level and prior historical resistance which was the resistance for the entire 2 and a...
-Yurlo Please SMASH the like button if you appreciate the visuals I've provided for you today 👍 I've got both scenarios CLEARLY painted for you guys (bullish and bearish bias) In the next week I'm sure we'll get a better understanding on the market direction and what's in store for the month of October. With the US elections coming up I wouldn't be surprised...
On August 17th we initiated the downtrend. September 2nd confirmed a lower high. September 5th initiated the bearish wedge (which we broke down from on September 21st) September 20th confirmed another lower high. IN MY OPINION we're seeing the last wave up (relief bounce) before another wave down with red candles flying up every bulltards hopium filled dreams...
-Yurlo Good morning to the trading community. I hope you've all had a fantastic week within your personal life but most importantly in your trading journey. We've recently seen wave 2 of covid 19 start to surface around the world. Every country around the globe has been printing $$$ to prevent inflation/hyperinflation to occur. Has this stopped the...
Good morning everyone, -Yurlo I hope you all enjoy blood baths because its coming soon. Doubt we'll get any higher than $10600 before the next leg down starts. Next support levels: $9950, $9600 (cme), $9200, $9000, and $8800.
-Yurlo Good afternoon, I can't write a massive explanation because I'm starting my new job at amazon today! However lets talk about the market's price action on $BTC (Bitcoin) here briefly: What's is telling us? #1: $10850 was a major support level ~ lost it #2: $10550 was a major support level ~ lost it #3: We've bounced off $10400 but i dont see us...
I'm taking a chance here by trying to catch a knife but wouldn't be surprised to see $10700 before more downside in the next 24 hours. Best of luck to you all.
^that chart is the initial chart I've posted and posting this current TA as an update to show you how I saw this playing out around the $11,000 area.
-Yurlo (please tap that like button for me) 👍 Bulls are blinded by the hopium and fomo around the space and even if they wanted to see bearish momentum they’ve convinced themselves (mentally) it’s going back to 12k (a safety net) so “fear” isn’t seen, which turns to “greed”.... That’s when we’ll end up back under 10k It's a trap don't fall for it and attempt...