phenodev

phenodev

Read this if you wanna understand this mess yeah i get it this is crazy that's why ill be sharing these links to further breakdown each moves. 1. 2. 3. 4. 5. 6. 7.

phenodev

check this high probable areas where btc can pump or dump, look for other indication of price reversal on these areas to confirm your entry

phenodev

maybe this is where btc can pump next, anyways im short in this dump we can see from a good area. im expecting price to come to these levels before we can see a move up. if it breaks just hold on to the shorts and ride em till 0

phenodev Updated 

Obvious, easy and very remarkable trades the price action everyday reminded us to wait for the trades to come to our level and if it respected the level we would see instant move. Every price action reminded us on the importance of marking levels and getting into the zone no panic no hesitation no sense of doubt,

phenodev

Why candles wick the way it wicks? why 95% of the market fails to make money trading crypto? what I'm about to show you is really top secret analysis only top 5% or less knows. That my friend is confluence, why do you think 16th jan made a wick at 43.7k ? you might say its market being volatile but it was very clear on 14th jan we had naked POC at that level,...

phenodev

BTC is looking bullish, will only open long after price finding good support on the fib level target is on the next goldenpocket. we have a risk to reward of 26.

phenodev Updated 

"Why it moved the way it moved" Technical analysis on the past chart is of no use we have to be prepared for the next possible move before hand. But every time i start charting i feel this is not predictable might be because im busy, lazy or unmotivated. 😒 But that doesn't mean we can archive every move cuz next time maybe when it starts moving we can be prepared...

phenodev

lost yesterdays long entry so took short exited in loss😂, well i had something there so next time we may be able to catch it. this is the next time i am waiting for, we may be able to see a bullish entry here but only after confirming candle closing above the level, will be my entry

phenodev

btc might be forming major move to the upside, yet not confirmed we do have the levels marked and if we see candles closing above the level im entering longs

phenodev

why kite crypto does this strategy, most of the trades are with low winrate but by adding conflence like divergence or levels we can easily make up the winrate, since we have low winrate always use proper risk management

phenodev

BTC dumped crazy, personally i missed the short but i was shorting at the peak exited out with profit then longed and lost the gains 😒, now up with 2 possible long positions. 1st one is a scalp the next is possibly a swing long.

phenodev Updated 

Btc is at somewhat confusing levels but we have our plans and we should be sticking to it closed all my shorts in profit but not ideal position

phenodev

btc is having a tough time geting over 59, and bearish divs forming on the 4hr is really concerning so next possible entry for a long is at the CC level with huge gap for coming down. probably we can see slow action rather than a fast move like the last time. we have more upmove to come but for some reason BTC wants to liquidate all longs i guess. we have good...

phenodev

very bearish overall, i mean in some ways i feel this can be the end for btc as we are seeing obvious issues in the indicators. I believe only on indicators and ever since i started charting I'm the type of person who thinks future can be predicted. these evidence can be thrown away once we see btc trading above 69 during December. highly unlikely but who am i to...

phenodev Updated 

making sure these levels are respected opening a long position here is a good idea considering there are bullish divergences forming on highertime frame and most probably on lower timeframe too this can also make a swing failure pattern so i expect very fast movement on these levels do keep an eye ont the chart on lower timeframes.

phenodev Updated 

BTC is very bullish on 4hr timeframe at least to give a small swing high but gave only 3% from the last trade we took. i took profits on my small accounts as we are seeing bearish divs on 1hr. so expecting a retracement on these levels. use manageable leverage as we are seeing bear trend on weekly timeframe. more on that later.

phenodev Updated 

value area low is at 1.4 along with .7 fib levels trendlines on the weekly are still not touched ... evidence suggests we could come back down for potential buying zones