BTC Nalysis
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Falling Wedge + Bull Div + 6K hit.
Looks bouncy for a daytrade position. I got my entry way lower @ the 1Minute Double-Bottom but closed it to see if it'll drop back down. Opened up a stop at confirmed wedge breakout point. Possible inverse H&S.
Position is just a hedge for my short. Locking in profits and daytrading longs while HODLing my short open.
Looks bouncy for a daytrade position. I got my entry way lower @ the 1Minute Double-Bottom but closed it to see if it'll drop back down. Opened up a stop at confirmed wedge breakout point. Possible inverse H&S.
Position is just a hedge for my short. Locking in profits and daytrading longs while HODLing my short open.
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Lets go back to trading Price Action....We have a Spinning Top on the 30M + a Tombstone on the 15M.
Exited my 'double-bottom' 1 min long with good profits. Entered a short.
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These are also some channels I am closing watching. 1 Is the downtrend channel, the other is the new uptrend channel.These are important because they have yet to be confirmed but are predictive towards a good entry to draw the bear channel, bear flag or diamond reversal.
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Whoops. Wrong pic + wrong idea.. lol. Can't edit the update... o.o...
closing thread again. lol
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Wait.... this was the right thread...o.o....I'm so confused...
This is the pic I meant to upload. Lmfao.
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Thumbs up this for my neat organizational skillz.... or lack-thereof :Dملاحظة
Looks like the Diamond is closer to confirming. I am still in my short but placed an exit to receive no losses + have an entry stop @ confirmed breakout point to ride the Diamond Pattern wave.Also seeing more spinning tops and shooting star price action candlesticks that are pointing towards bullishness.
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Price Action Trading Update - Dont like the green dildo. Closed the short. Potential Inverse H&S forming. Could be a squeeze up to 6300s before we make a rising wedge for a continued down move.Won't open a long. Will just wait for a breakout confirmation and short the breakout.
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Price Action Trading Update - If this candle closes as an Evening Star with the trend break rejection, then I'll re-open my short.50% Profit taking will be done around the Double Bottom area at 5900s.
Once again, I still am not touching my 2nd account's short from up above until the daily shows oversold indicators.
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Price Action Trading Live Update : So I didn't get to enter into any trades yesterday on my daytrading account. I saw the high funding and thought that it would pump for funding, so I placed an entry stop below supports and left to go condo shopping.
Unfortunately my stop never triggered and I never placed an entry above, so I missed the big pump.
Anyways, price is RIGHT BACK to where we were yesterday and I'm seeing Bear Flag + Rising Wedge with a Doji candlestick on the 3H showing uncertainty within the bulls and a Shooting Star clarifying that into a bearish set-up.
I believe we'll go down further, however I'm still keeping my entry as a stop. As for an entry above, I have placed shorts @ the resistance levels.
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A whale just exited on Binance.#ExitAllCryptoMarkets
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I warned you.ملاحظة
Spinning Top within a 3-touch floor on lower timeframes.Bounce possible.
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Falling Wedge into an Inverse H&S... bounce seeming more and more likely...If it does bounce around here then it'll fill an even larger falling wedge shown in 2nd picture.
Falling Wedge :
Again, this is all just choppy side-ways action that I discussed and talked about in my previous Long Term BTC Idea -
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I'm drunk af and I can easily say that the whales have NEVER given you a CLEARER signal of bullish-ness.My short exit filled @ 5769. The only thing I regret is that I wasn't around to flip my position into a long.
However, with all of that being said I think we are in a clear bull rally for my long term bullish analysis.
Load up on some mid-leverage longs @ the supports and let it ride...
Also.... DYOR... cuz as I said... I'm drunk af... so if you trade solely from this post...
You're an idiot.
Anyways..................................................
Falling Wedge leading into an inverse H&S.
Also....
Unfortunately I am not getting laid tonight #Sadface :(. I left some chick to come update you f%$^($#
go ahead...
Report me.
:hammer:
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P.s.I love ladyboiz...
unfortunately... there's not much in Vietnam... /sadface :(
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Also.. for those of you interested in muh 1-100 BTC challenge..I'm @ 4.7 BTc.
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Market looks dumpy, but be careful for manipulation. Make sure you are hedged with proper stops.ملاحظة
Whales spotted on the 1M chart volume. They are eating up the stops that are getting triggered.ملاحظة
"It was all a dream..."Look out for the potential Diamond Reversal pattern. Multiple bear divs on higher timeframes + overbought stochrsi.
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What if.....>>Can still happen b4 29th.
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I am getting Bearish...>>Diamond Reversal possibly at play
>>Rising Wedge on longs
>>Hit support on shorts
I think whales are washing all that buy volume into short positions to cause FOMO and will then liquidate their long positions with their short push and re-fill @ the lower supports.
Shorts :
Longs :
What do you think is a safer play?
I'm out of the markets. Got entry stops set. This is a >> NO TRADE ZONE! <<
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