omidamraei

omidamraei Updated 

Waiting to see what's next.

omidamraei Updated 

The chart is telling everything.

omidamraei

You don't like it because everyone is bullish (as also I am) at this point, but I'm staying out to see if we can break this giant bearish channel. The lower-high trend line can bring a massive dump to the market for almost a year. I might be completely wrong. Trade at your own risk.

omidamraei

This is not a trade idea, just to mention important support and resistance lines. ** BITCOIN'S CURRENTLY RIGHT ABOVE THE WEEKLY 200MA, WHICH IS A VERY CRUCIAL SUPPORT. **

omidamraei

Chart is telling everything!

omidamraei Updated 

It's never been such a occasional opportunity since December. We are going to test a very important zone. A point of destiny which shows us the future of bitcoin in next 2 months and get ready for halving. The zone of 9080-9200 where MA50 and fib 382 and fib 618 comes together right above the cloud and provides us a very strong support for a bullish rally to...

omidamraei

ABOUT THE ZONE MA50 on daily chart (which is a very strong support) is here. Money flow gets oversold here. Fib 618 is here. The gap we made since January gets filled here. Prior support is here. Daily cloud provides us a better support here. WHAT ABOUT THE CHANNEL? Every channel will die. We shape a new one. That simple. Get back to this idea to see the...

omidamraei Updated 

We are almost closed to the end of a falling wedge above the support zone. If price dropped, it's hard to say bulls can hold.

omidamraei Updated 

If you followed my last post, we were ready for this retrace and it accurately happened at the right time. But this is crypto market and odd things are usual. Bears were a little more emotional than what I expected and price dropped below our desired zone. However, fortunately we closed at 10170 and took profit. Sorry for not informing you. I couldn't be that...

omidamraei Updated 

After opening our long position (without stop-loss) at 9650 which we were waiting for, now that 3 green candles just confirmed our journey, I'm opening a stop-market order at 9680. "Good traders won't just profit. They also won't lose." This is my trading style. To not put my capital at risk even for high reward opportunities. So if Bitcoin wants to get back to...

omidamraei

If you are with me and profited from 2 last trades, now you should know we have Bitcoin in a very occasional long momentum. I closed my last short position at 9650. So I'm not bearish anymore and watching to enter into the 9650-9700 zone. If MA500 which now is a very strong support can hold the price, then I go long with 40% of my active capital. I will add 30%...

omidamraei Updated 

Did I showed you how powerful this Fibonacci levels are in my last post? NO!? lets take a look And don't forget to hit the like button. That encourage me to share more ideas with you.

omidamraei Updated 

Bulls have things on hand to make golden cross happen, but divergent. We're so far from the MA50 and daily cloud. Daily candle is being rejected right below a very strong resistant. So need a serious retrace for another move to 11K. I'm going short.

omidamraei Updated 

I told you there is a divergence in the market and bulls may loos the power for a couple of days. I hope Your capital is safe now. Bitcoin is now dropped under MA50 on 1H chart and just pulled backed after testing Fib 382. I see there could be a retrace to 10280 to meet MA50 again and then another bearish move to 9880 which is Fib 786. So I'm going short at...

omidamraei

Some forecast!

omidamraei Updated 

Bears tested EMA 200 (black) and rejected by bulls. Then a bullish move started to test the most important resistant line (green dashed). This time rejected by bears at the most important resistant point while overlapped with Ichimoku Cloud and dropped below Senko A. Now price is moving below Ichimoku and getting closer to EMA 200, while EAM 200 is moving above...

omidamraei

Recent breakout most be fake and bitcoin falls down again. I'm not going to long at this point.

omidamraei Updated 

Based on Tron