davepool87

davepool87 Updated 

I am 50% deployed here in $BTC...will gobble up anything below $14k and trade any reclaim above $19k area. Two years of sideways and we enter the real bull shortly after the next #Bitcoin halving (Apr 2024ish). cycle / time-wise, we are ready. A man can but dream of laser eyes and bitcoin maximalism. the pain has gone on long enough I say! There will be no risk...

davepool87

BTC Daily is about to flip bullish with a long entry on this custom moving average indicator. Historical backtesting shows 63% successful outcome with a downside average loss is 10% and upside average gain is 160%.

davepool87

A scary time in the macro-environment for both equities and crypto, however despite the heavy headwinds of rampant inflation, a slowing economy, and tightening by the Fed and other central banks, Bitcoin seems to be following a "normal" cycle and is now entering into an area of relative value. This week has seen us open below the 2Y Daily Moving average holding...

davepool87

Three indicators triggered on ADAUSD Daily: Average Volume Spike on Price Capitulation Market Osc Signal Long Daily EMA Ribbon Long Signal Looks to be forming a Bull Flag with clear horizontal resistance above that converges with the 200 MA. Long opportunity for a potential 20% gain.

davepool87

Since markets tend to gravitate towards liquidity this trade idea is based on large Limit order shown on the Coinbase order book using Bookmap. This is the first decent amount of Bitcoin buy-side liquidity on the Coinbase order book in months. ~2000 $BTC in limit orders levels down to $30k. Hyblock liquidation levels showing $17bn+ of short liquidations, we might...

davepool87

Bitcoin might be forming an inverse head and shoulders on the 4-hour chart. Currently, the Coinbase Order Book is showing a large volume of limit sell orders at or before $45k which aligns closely to a potential neckline. A break above 45k may be a decent entry with a tight stop targeting 47k, a break below 43k would be the invalidation point with this level...

davepool87

We are in a clear downtrend for BTC, however, we've yet to see a meaningful bounce which could see an opportunity for altcoins to run. So, Bull Market or Bear Market - doesn't really matter at this stage. We look overextended, all it needs is a small catalyst, maybe news this Wednesday from the fed or any kind of positive activity in the stock market and we should...