- Had strong shakeout & panic today - Oversold conditions - Market cycle completed - Thin ichimoku cloud - Inverse H+S on crypto total mcap - Strong bullish trend in big picture
Here's the thing with Crypto you have to think big picture & not get stuck in "FEAR" or "Over trading " focus on the biggest time frame first then check volume & check market cycle comparison & finally check the Elliott waves & use some Fibonacci to get targets .
Things to avoid
- Over trading (checking the charts to often instead of making your trading plan & sticking to it)
- Over leveraging (using to much in any one trade)
- Making choices based on "Fear" or "Excitement"
- Not taking profits (this one is HUGE remember to scale your profits into tether when everything is overvalued & people are too excited)
if you do these things & avoid the list above you can be a very profitable crypto trader .
I have been charting bitcoin since 2015 here's some of my proudest predictions.
will be posting plenty of updates along the way :) stay profitable out there!
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Support and resistance is zone! for the people saying "trend line broke!"
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banks buy the .786
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bear flag target met
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needs to get above cloud on 30m
3 h oversold
& same with the 12 h
İşlem aktif
Taking a small day trade down here on bitmex
entry price = $6746.5 stop loss price = $6619.6 target price = $7172.7 exchange = bitmex leverage = 10x entry date = 6-11-18 trading plan = HAI Daytrading
will keep everyone posted :)
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Triangle spotted! if this breaks out it will be the cherry on top of my long position
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breakout confirmed
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Trading plan still active! retesting support of lower triangle line . stops are at $6619.6 & entry price = $6746.5
(big picture my chart above with the huge triangle is still active just playing a little day trade swing down here also)
stay profitable ! will keep updating
İşlem kapandı: durdurma seviyesi
stopped out on the day trade! took a -1.88% loss :) more trades coming though (getting stopped out is a normal aspect of trading)
İşlem aktif
Triangle still in play on the big time frame
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for all the fish net traders out there we are under the net again!
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Last chance for the bulls to take charge! if we have a support failure in this wedge 4.5k - 3k are options,
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:) getting that bull action
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Falling wedge! still on for the correction being over :)
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s/o to CryptoWolf on twitter for inspiring this IDEA :) nasda
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nasdaq vs btc
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What most people are betting their money on (the 90% who loose)
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What I'm betting my money on (10% who win)
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ANYBODY LIKE FRACTALS?
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update
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Update
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Also here is the nasdaq comparison update (click and press play)
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.