I just closed half of my alts position and will close a little more every day that we do not cross over the 20 weekly moving average which is the most important support/resistance in this beautiful crypto world. I will renter at what i think is the bottom or at 20 weekly average breakthrough.
Hey guys, first post in a couple months as I was very busy. Ill keep it short and sweet. The Histogram started to shift on the monthly BTC chart. The last time this happened in 2015, The bottom was in and better times were to come. History does not repeat but often rhymes. Follow me on twitter and on here for more interesting facts like this and daily TA as I...
Hey guys Vinnycrypto here for some self explanatory education. Study this picture and try to understand everything that is going on. If you are new to trading, you have to know that a lot of pros will trade like this and that this is what you are up against. Are you in with me? Are you making plans with me? Are you writing down your plans and rules for your...
I smell a bulltrap boys. I could be wrong but I feel like 4500 area is in play if we manage to pierce 3700 area resistance.
Hey guys, vinnycrypto here on a slow sunday, Btc going down 1 triangle at a time, we need to ask ourselves when does shorting these triangles are gonna stop being profitable? I see this one going down to hit the 2900-300 zone and then bounce back up for a well deserved relief bounce. I am not much into predicting the futur into my trading. But playing scenarios...
Hey guys, Vinnycrypto again here, still waiting for that same shorting setup. We had a little relief bounce yesterday after I closed some shorts and now we are back to those dangerous levels. It seemed like 3230 is going to be a hard one to pierce but if we do, I see us dropping straight to 2950-3000 area. I could possibly be looking for longs if we do a clear...
Hey guys, Vinnycrypto here talking about some good old shorts again. Trading this set up has been pretty lucrative, I exited some positions with good profits earlier today and been looking for a new signal for a good reentry and it looks like I got my signal. All we have to do here is to wait for a good break of the green line again with some nice volume....
ETHUSD could free fall from here if BTC decides it is time to go down. With no support zone created in the past as it was mooning, It is time to take advantages of the inverse moon folks. The way back to earth can be just as lucrative than the way up. Nice swing trade setting up. lets see if we break support first.
Hello day traders. If you are not a day trader, please disregard this. Just a little update from my last post. A bear flag formed on the 15m. Lets see if it plays out. May add to my short again at the break out. Flag pole would be the exact length of the initial target. For you traders interested into 2 extra %, this could be an easy one. tight stop loss on...
If you followed my last trade, you are now in good profits, I added up to my short position on the breakout of the triangle for quick profits. But now, where should we close this? I had a target of 3200 on my last trade but we didn't quiet make it there even when I taught it would be a guaranteed fall to the 3250 area. When you see a strong bounce at an...
hey guys, I haven't done any update in a while as I was very busy but I did find a quick minute here to do a quick TA here for people wondering how to play all this. Remember that you don't have to predict the direction to be a good trader. Leave that for fun or for Nostradamus. What you need is a plan for both directions. Good money management and know how to...
If you have been following me for the last month, you seen that my last SP 500 analysis was far from bullish. Today my narrative didn't change at all, but with one minor change. I think that we start seeing signs saying that the big machine has started. Welcome to the crash people. If you have money in stocks, now is time to get out, If you have money in the...
Hey guys, Your boy Vinnycrypto here coming with some good news so far for the bulls. We have been holding out of the triangle now but we are not taking off just yet. This is what the bulls need to look at: VOLUME. Thats right, Do not owl at the moon just yet as we sure are out of the triangle, but there is no volume. We need to see volume kicking in or we will...
Hey guys Vinnycrypto here for an overdue market update. First of all, it is very important for you guys to chart based on exchanges that are based on real FIAT and not USDT as both exchanges will currently tell 2 different stories as USDT value is currently under 1$. Here is my analysis of Bitstamp . Here we can see that we are still in our triangle with the...
Hey guys I do not have much time to update these days, BTC is keeping us on our toes waiting for the last minute to tell us where its gonna go. This really looks like a bear flag to me but here is what to look for both bears and bulls. Bulls: -A break out of the 0.5Fib which is also the top line of our flag would be a very good sign. -Followed by the...
Massive divergence on spx, dow jones, and others all over the place. Looking much worse than 2008. Could be some room for more move up, but know that from now, you are playing with fire. Currencies are all looking bad compared to US dollar but the US index is not even looking good. Cash and commodities are king, I feel like bad and sad times are ahead of us....
Hey guys, I haven't had much time to post a lot in the last few days, Not much was happening in BTC wise, but now, it is probably about to happen. We are bound to break this equilibrium on either side and even tho I do have some bearish tendencies, I am coming up with something that would make you bulls happy. Yesterday someone sent me a message to ask me what I...
Hey guys , Vinnycrypto here for an other market update. As you guys know, BTC is at critical levels as we are approching the end of our massive triangle. The next few hours could develop into something as we are at the very end of a wedge into an other wedge. First wedge in purple with a target getting out of the main wedge, Adding power? Target reaching almost...