bthechad

bthechad

Theres the bear trap I mentioned in the last post yesterday. Saw 6255-6280 as the bottom of the trap, bounced off 6260. Now I think we will have slow grinds and manipulative wicks until we reach 6440-6450 before we reject from there. Then the possibility of 6510-6523. By then we will be in heavy resistance, and is probably where I will exit my long depending how...

bthechad

Made this call from low 6300's. I think we will enter back into the trading triangle and test 6550-6600 as a slow grind back up. Have not posted in a while as btc has been so slow. I am back to it lol. This is really all the TA i currently have for btc at the moment, enjoy! :)

bthechad

Just a little weekly chart, nothing else. I feel everyone is too busy looking at the tiny timeframes instead of the big picture. Well here it is.

bthechad

Plain and simple, this is a bart. If you do not know what a bart is then you are about to find out look up a pic of bart simpson and you'll know. CNBC even just went long, and if you are a seasoned BTC trader then you know that counter trading cnbc is a real thing that works 90% of the time. Lots of technical indicators are also diverging bearish and every time we...

bthechad

Okay y'all, this market cycles has happened 4 times now, this being the 5th. First lets look at the phycological side, everyone is thinking we are going to drop to 5700 and lower into the 4k's and all that crap. I think we are going to keep in this ascending channel until 6900, then dump to 6100-6300. After that we may moon past 8k. That's just my opinion. I...

bthechad

First off, I just wanna say that CNBC said long btc here at 7420. If you are an experienced trader, then you should know what that means... SHORT! DO the opposite of what cnbc says! (They are whales getting the masses to long while they are stacking shorts and when the masses get liquidated, we fall faster and harder.) Plus everyone is starting to long, meaning I...

bthechad

Well our last fractal worked out perfectly, now we counter fractal and long it. Meant to post this at 6815 but we already seem to be heading back up. We are also sitting in the golden pocket .618 fib retrace which is bullish. I think we could top out at 7500 by the end of the week, we will have to see. Ill publish more ideas up to then. Thank you, :)

bthechad

Simple. We are in a curve fractal and we are curving down. Bullish volume is decreasing,this is also an equilibrium, meaning that the candle will basically mirror themselves. They came up bullish, now we fall bearish. Now if we go sideways, which i doubt, then the fractal is basically over and we look for new fractals or continuing ones which are in play on bigger...

bthechad

We have another inverse curve fractal going on here was well as a repeating box fractal. I went short as soon as we breached 6700 just now. I have a couple scale in orders reaching up to 6780 incase we wick there to average up my entry. Shorts have the best Risk:Reward right now. We are also at the top of the trending range that we have been trading in. Trade at...

bthechad

Shorts are still very high, a massive green dildo is still very possible. I believe this may a reversal and we go 7k+ and chill above there for some time. Im just gonna wait and react to what happens. Thank yall for the support!!! :)

bthechad

I called a short squeeze over two hours ago where the blue circle is, here we are now. Lets see what happens now!!! :)

bthechad

Bitcoin shorts on bitfinex are approaching their all time high, what does this mean for the price of btc??? I think we are going to have yet another short purge. I expect a big green dildo to 6,620 at least. Not your normal fractal, but trading against human phycology is an indicator on its own. Like do the opposite of what cnbc says do lol. If you follow the...

bthechad

Equillibrium obviously playing out. Lets see if we can fill this fractal. Thank you everybody. I explain in more depth in the discord:)

bthechad

Candles are weak after the pump now. It is a fractal, very similar. Gonna retest bearflag. Lets watch! Be careful, it is very dangerous to trade right now!!!!