Here's the pattern. Here's the channel. You know the drill. No further explanation required.
Hey guys! Happy Nowruz! BTC is moving inside an ascending triangle. We should wait and see which side of the triangle it will break out of. The global trend is bullish, on 4H time-frame the RSI is heading up, Stochastic is out of the oversold area and it's also heading up, and last but not least, MACD is about to make a bullish cross. So I'd say the odds of...
Strong bullish divergence with MACD on 4H timeframe. BTC is on MA200 support right now. I believe MA200 is going to save BTC from falling any further and the divergence is going to kick in the coming week. Trade at your own risk. Ciao!
Hey guys! Let's see how's the market feeling in this cold weekend! Okay, straight to the point. On the 4H we have: - bullish divergence on MACD - price breaking above all important moving averages - MACD showing good bullish momentum - MACD line and Signal cross is in positive phase The last time we had a rather similar scenario, it was in May 2020 when the...
Everyone expects a retest and break of 20K right now. But the way I see it, unable to break the 20K again after the previous retrace, BTC needs a shake off to gain the essential bullish momentum on the next rally. So I expect a retrace to 17K where the EMA200 on 4H lies. I forgot to draw the lines on the chart but you can easily spot the bearish divergence on 1H....
BTC is printing lower highs and lower lows inside a descending channel on 1H. The channel provides a good opportunity for short-term trades. The bullishness of the market is not over yet on higher time-frames though, so be careful with your positions. Ciao
BTC is moving inside a long-term channel. The big red candle we're having is just a correction. I've drawn the next paths for BTC as I see it. There are a bunch of signals supporting the idea, but I'm not gonna go through details right now. If the next few candles go according to my plan, I'll update the idea with more details. Ciao!
BTC is moving inside a triangle which will eventually break upwards or downwards. I have reasons to believe the price is going higher. The accumulation has been big enough to cause a rather sharp move. Here are some signals to support the idea of an uptrend: - Mirror level is working as a strong support - Price holds above all major moving averages in 4H, 1D...
The chart is quite self-explanatory.
BTC has been moving inside a channel since early September and it's still bound to it. The upper trend-line of the channel has been touched and it was rejected with a rather big volume. Here are the bearish signals that support a downward movement to around 10.8K: - Head and Shoulders pattern on 4H - Considerable divergence on 4H doing its dirty work - RSI...
We've got two triagles on different time frames. I'm gonna go through each of them in details. Make sure to read the whole text because they're two completely different stories! Let's begin with 4H. 4h: on 4H the price is gaining momentum upwards toward our PRZ zone. RSI is above 50 and pointing up, with Stochastic being in oversold area pointing up. The blue...
Hey guys! The chart is kinda messy, but it's self-explanatory. Price is likely to go higher short-term. - CME gaps: we are stuck between two CME gaps which are both destined to be filled. The recent one at around 10600 is most likely to be filled first, before the old one at around 9550. - RSI and Stochastic on 4H are pointing up, gaining bullish...
I'm gonna be entering this position with x10 leverage on Binance Futures: Entry: 11500-11600 Ultimate target: 10500 Stop-Loss: Fix above 11800 Good Luck!
Hey guys! We need to understand how the big players (the exchanges with future markets) make their money to be able to accurately anticipate how they're willing to move the market. It's not that complicated actually! They just have to know whether during an accumulation phase the majority of the positions set up by retailers are shorts or longs. If they're shorts,...
Hi fellas! In the previous ideas we talked about a fractal after the strong rejection BTC got from 12300-400 levels. After some days of downwards movements BTC is losing bear momentum, but I'd expect one more step down to hit 11200-300 which happens to be the Fibonacci level 0.618 of the current wave and also EMA200 on 4H time frame. Many analysts point to a...
Hi fellas! In the previous update I talked about a fractal from the previous wave which turned out to work out pretty accurately! Here's the idea: I don't usually believe in fractals, but this time I have reasons to believe the same scenario is still in play and we're not done with the fractal I talked about in the previous idea just yet. So I see a strong...
Hi fellas! In the previous update I talked about a fractal from the previous wave which turned out to work out pretty accurately! Here's the idea: I don't usually believe in fractals, but this time I have reasons to believe the same scenario is still in play and we're not done with the fractal I talked about in the previous idea just yet. So I see a strong...