wwyd if ? ... (Tradingview requires you to write a long description for trading ideas but this idea is simple. WWYD ? Answer in comments below :D) Featuring: Bull or Bear Trend strategy, a private unpublished strategy which I created myself for swing trading bitcoin. Resulting in 1000s of % profit and expertly dodging bear markets while benefiting from bull....
I created this chart to visualise the BTCUSD / CME Futures deviation on weekend In blue: Coinbase spot BTCUSD minus CME Futures price In orange: Coinbase spot BTCUSD In cyan: CME BTC1! futures price Gray bars: weekends Clone this chart & make a copy. Try it on daily and 4/6 hr timeframe At the weekend price can deviate up to $2,000 or more from the CME...
Bitfinex shorts are at all time high: $570 million dollars shorted, most underwater or at break even since June 7th. All with daily bullish RSI divergence and weekly 50 MA support. If price dips: they will cover and provide a floor If price rips: they will get liquidated and cover, and we rip harder Incoming short squeeze of epic proportion>
Plots the Bitmex June 2021 futures vs. Spot price Contracts are XBTM21 (June 21) XBTUSD (Perpetual contract) This idea plots (XBTM21 - XBTUSD) as the blue series and plots XBTUSD as the candlestick series The bitmex june future was trading at a $6,000 premium earlier today! Now has dropped back to $5,000. Upon expiry the future spread will drift to zero ......
ETHUSD has recently broken out of a multi-year resistance line at $360 and successfully backtested it. It's forming a large cup & handle with a technical target in the $700 range. RSI is also looking good - a proprietary indicator I have is currently showing an uptrend (see green background behind RSI in this chart). The RSI potentially is forming an inverse...
First post !.. Fractal says $300k by 2021. Muh Elliot waves sez 1-2-3-4-5. Buy much crypto, so boolish, moon inc, wow.
The Inverse Head & Shoulders believers have bene proven wrong. Now they are double-bottom believers. ... I'm still bearish on this market :)
Where's BTC going? Forget your fancy TA, here's a simplified chart
That feeling when ... longs and shorts both get wickquidated
The market memory is phenomenal. Check out BTCUSD which is at the linear downtrend line from 20k, 6k now. The line crosses current price action at the 'supposed Inverse Head & Shoulders'. It's decision time for BTC. Is it in a downtrend still? Or about to reverse? To cross this & go up BTC will need some rocket fuel!
For reference purposes, the current Inverse Head & Shoulders setup compared to previous
I've been watching this price action thinking 'why does this seem familiar?' I remember, I've seen a similar situation before! March/April 2018, a pump, dump and true bottom for almost +100% gains. Similarities include: Strong downtrend Falling wedge (blue) Bull Divergence Bullish break, sharp counter-trend rally Reaches almost to Daily 50 SMA Hidden...
EOS/BTC is showing a cup & handle with a technical target of 0.0009 Buy if break the neckline, stop below a swing low. NOTE: This is not a long trade on EOSUSD, as this will track bitcoin, but a trade on EOS vs BTC which can be traded at some exchanges.
When is it good to long & short the bitmex futures? My first trade on the bitmex futures was to hedge XBT in my account. I got caught out by a rapidly narrowing spread! So I made this chart -> This will show you when Bitmex futures are trading at a premium or discount to spot price (XBTUSD), and give you some idea of when to get in or out of the trade for...
Currently long XBTUSD Bear below 3880 Bullish while we maintain in or above this channel
If ETH breaks out, and stays above the neckline, this is a cup & handle / inverse head& shoulders with a technical target of $160.
In the chart ... its not looking good for bitcoin