ITradeEverything

ITradeEverything

$58k low is holding for now. Huge RSI divergence. If the $58k low holds, this could be the launching point to new highs and a bull run later this year.

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I like simple charts and this one is pretty simple. Lower highs on the RSI and bearish pivot candles seem to point to further consolidation prior to a true ATH breakout and a run later this year. Targets are $60k and if shit gets really ugly, $50k. Hopefully we trade in a nice $15k range for a while and get a great alt season before BTC goes on to the...

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I would not short this until confirmation, but I would ABSOLUTELY take some profit in this red range and I am doing so. I will take more on a FOMO spike to new ATH's on ETF approval news. Why? Cuz Wall Street is all up in this bitch now and they like to create liquidity events based on news. They will use the breakout of new ATH on bullish news to take profit...

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China or no china, buy. Close above 44k tomorrow. This is not financial advice.

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Put simply, bitcoin crashed through the 4000s in 2018, it ripped through the 4000s in 2019. It is extremely unlikely that BTC will close a daily above 6000 without further exploration of 4200-4900. The Stoch has been pegged near max for weeks and a weekly candle opened outside the upper bband for the first time since the 20k top and printed a doji. I would...

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And kicking, no matter what you might hear about my rektness. D, D3, and W all align for this prediction.... Low target same long term downward trendline of high 4000s. Med target low 5000s, high target 5500. I'm thinking by late April or early May. I do not however think that the bottom is necessarily in, either before or after this trade plays out. We will...

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Long term I am incredibly bullish on silver in these ranges. The monthly looks like it has been bull flagging for almost two years and the ranges are getting smaller and smaller. The monthly bbands are the tightest they've been since early 2000s. Fundamentally, silver is very cheap compared to historical gold/silver ratio and industrial use (solar panels) will...

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Seems to me people are either unreasonably bullish or unrealistically bearish. 8-12k is simply a Wyckoff trading range - one I expect we will stay locked in for at least a few weeks. Above 12k I am bullish, below 8k I am bearish. There was huge volume coming off the 6k bottom, which as we all know was horribly oversold. In another idea I said if it hit 5k go...

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The capitulation volume (noted with arrows) got absorbed with very little price decline and the market moved strongly moved higher the following weeks. Very likely this is the start of new trend - caught early. Regardless, It is certainly an amazing RR trade, cut if a weekly candle closes below 29. Safer to wait for trend confirmation but will dramatically...

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Pretty self explanatory. The market did not spend much time between 8-12k and will want to explore that area.

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I've been studying Wyckoff for a while now, but I have a renewed vigor in the last few weeks when it comes to bitcoin. Much of it is easy, but I always have trouble when it comes down to re-accumulation or distribution - or flip side, re-distribution or accumulation. Anyway, long story short, i think the strength of the spring says that this is not a...