In my last BTC idea a month ago, i said it wasn't a good idea to be bearish and it turned out, indeed it wasn't. I wasn't sure what to expect to the upside but things look clearer now. I shared an up only scenario as well, but this type of play is my ideal scenario since we stopped that insane pump. The idea is mostly shaped around Elliot Wave and Volume...
Almost two months since my last BINANCE:BTCUSDT updates. - these are the areas I'm interested to get a reversal, else, bearish/chop scenarios gains more confidence.
I have a short running from almost the pico top, but looking to compound my position in the coming days. This analysis is mainly based on PA and supported by EW - which is not my biggest strength. Please read to understand my thought process. 1 - Range play. If it bounces from the deviation fib and gets accepted in the range, 70% of the time it goes to mid-range...
Alternate idea. Just like the first one (linked below), it can go much deeper, and in fact, it can still get to the primary target to make things more complicated, as both will be valid. My other alternate idea is linked as well and playing perfectly since September. Tho, it's not my primary anymore.
Sorry for the terrible-looking chart earlier, I thought publishing on mobile would somehow generate a meaningful chart, but that wasn't the case. This idea from Apr 21 has been removed by TV twice for breaking house rules, first for sharing a link to another social media website, then for only mentioning the name of it. (You can actually copy-paste links from...
As you'll see from my previous charts, I've been bearish since the 31s and been waiting for the current levels for reversal (the internal pullbacks didn't exactly happen as I thought, but bounce levels gave good reactions for smaller time frame trades). Most alts already have hit my targets or are about to hit, and Bitcoin is approaching an area full of support....
If you'd look at my profile you'd see me trying to short WOO couple of times (and also been long for a few months now). All of the shorts gave good reactions but the beast is not giving up, and there are quite valid reasons to believe that it can pull a massive move to the upside soon. Hence, this is only a hedge for me and I'll take my time to fill full position,...
So, as expected in the previous idea (see linked ideas), I think we're approaching to a reaction zone to offer a decent bounce for a lower high. Although the technicals are there for it, be aware that it's not the "most probable set-up" kind of trade because there are good reasons for buyers to step in at lower prices. The target is also unclear due to the nature...
There is a scenario why a new low can be made before a new high, or other bullish scenarios where it goes down to lower green box, but that's for another day. IMX is one of my favourite assets for the new bull cycle (whether we're in it or not). I don't use hard stops for this asset. If things look terrible after the buy area arrives, then I will cut it...
I've been long AF on WOO and expect at least 50%, potentially 2x move from here if we break the resistance with volume, but also starting to build a short position in this area because: - it's packed with resistance: Downtrend VAH, cluster VAs, untapped daily pivots and TR Extension. - As per my previous ideas, there are key levels to the downside which will work...
Notes on the chart. I'm happy with the partial profits and hedge short taken in the linked ideas, and personally would prefer a another pullback before it's sent. Else, I'll buy once the range breaks.
This idea has been removed by TV for breaking house rules, first for sharing a link to another social media website, then for only mentioning the name of it. (You can actually copy paste links from that website on a chart, tho). Anyway, maybe third time has the charm. This is my primary for now. I'm not too interested in how the structure will look like, but I...
It's a wide range for my liking, but slowly scaling in with 4h-1d bull div forming and will add bigger after the market structure changes. Nice RR to ignore, and it fits well with my system.
Coloured Fibs = log, monochrome = linear. Buying in spot with small amounts and adding more aggressively if MTF market structure changes. Will close manually if it loses .382 log. Overall idea = correction looks too short in time compared to impulse. Linear golden pocket looks too obvious, but monthly POC, 1.272 Fib, 3D OB and .382 Fib gives good...
Can't get any simpler. 1D divergence confluence is very important. Ideally back to back, or a weekly. Could do a few scalps-to-swings in between based on 4H, but if you get them, sit on your hands. Let's see.
This trade idea is literally a gamble against the trend, so it's high risk and only a hedge to my swing long (which has already hit tp2) I'll probably take a small profit before it reaches tp1 but key targets are on the chart.
HTF TR Pocket extension, volume gap resistance with liquidity (if there are any left) Wave 3 of 3? might also be nearing an end, so i'll try a small short. However, I can see how many people will try shorting it, so going with a small amount just to brag if I'll be right. Mostly interested in longs, so if the pullback comes with 4h+ divs, will take it blindly....
Following the idea from the previous two setup, these are the areas I'm looking to long Bitcoin. Giving a little chance for the first one, but second idea should give a good bounce.