Worth a try on huge R;R Bought a small chunk
Been buying since reversal. Literally called it last december on the dot. Plan is to buy all correction on higher TF. Up over 100% already?? So what - keep buying all the dips. Only swing trades. Sell when trend changes on W1 time frame.
I don't know why I still trade crypto. Many days I wait for one move. I do it for the love.
Careful of triangle pattern overthrow. Wait for breakout and continuation pattern. Wait for D1 to close. Volume profile supports breakout in previous candles.
5th wave extension in equity market. Run like a plague unless clear pattern change. I don't trade this, but good to follow.
Significant trendlines can be used to predict time horizon of impulsive movements. Circle: Violent move down at significant crossover. In confluence with .618 ret of bear swing. Pattern bear flag. Ascending channel. Corrective ABC. Stay cash.
one of my favourite patterns. Breakdown and pullback to .618
.786 ret of sharp trend reversal. Let's see what happens. Anticipate big breakdown. I don't trade this shit but good to follow. Stay cash boyz & girlz & non gender peeps
A MACRO VIEW Can't believe I didn't see this line until today. And I cannot believe I haven't seen anyone else post this. Just never opened the linear chart since forever.
Very very important chart. What to look at: - Multiple triangles made of black think support trendline and red overhead local resistance. (Black support breakdowns are labelled) **The current impulse to the upside is interesting because this is the first time during this bear market that we close above the local resistance red line. On Oct15 2018, we made an...
Significant trendlines cross overs can be used to anticipate violent price actions. After a boring week of consolidating we have reached the apex of the wedge structure. Anticipate violent move rather soon. Bias is bullish. But shed longs if price action does not reflect impulse.
Two trendlines blue and black. Both are respected by price action, especially as we kiss the blue line all the way during the recent sideway price action to the down side. Now the buyers must defend the price above these lines. Red lines indicate drop back below trendlines and we anticipate strong bearish momentum. For the time being we accumulate, and add-on...
EW and trend analysis can be found in previous ideas. Just want to mention the MACD cross over possibility and histogram ticking to the upside on a W1 time frame. This is ideal for long term HODL investments. Same with RSI bouncing off at bearish reversal zone of 20-30. We are waiting for overhead resistance at 3800 on lower TF to be taken out. And then...
a bullish outlook, buy the breakout should it occur
Anticipate trendline to break. Invalidation line is close so this is a great opportunity for extremely high R/R.
confluence: 2.618 ext of wave 1-2 of c .786 ret of bear swing EW: ABC to the upside in a bear market. Anticipate wave 5 of C. Alternative: - 5 is in and we move down. Unlikely as we didn't interact enough with 616 ret. Although we do have interaction with 1.618. But the market is hesitant with sideway action. Thus primary count remains 2.618 ext target, -Break...
The current preferred count of mine is a successful ABC correction since ATH. (see related post) And that the bull swing from Dec is the start of a new impulse to the upside. Price retraced to .786 level of recent bull swing as anticipated (btc has propensity to retrace.786 in first waves or recent corrections to the upside during moves down) I loaded some...