BTCUSD

Bitcoin is approaching major support so did ETH and IM sharing my thoughts on how to manage the existing trades, when to take profits, how to take partial profits and have runners on in case we punch through the 30K level and why I think there is a high probability that we will punch through the level this time around.

We have finished a major wave at 65K and have been correcting ever since. We've corrected in 5 waves as opposed to 3, which is telling me a few things. 1. 5 wave is a leading move so the OVERALL correction is still not over.2. 5 wave down forms wave A - and its still not might be over, might have a little more downside in it as wave 5 usually equals wave 1 in...

BITCOIN LONG TERM SIDEWAYS CHOP EXPLAINED WITH IMMEDIATE TRADING ACTIONS PROVIDED TO ACT ON SHORT TERM MOVES

Bear flag setup on 1 hr

BITCOIN UNABLE TO SUSTAIN ABOVE TRIANGLE REVERSES BACK AND SHOULD HEAD LOWER

EXPLANATION OF HOW TO TRADE NOW THAT BITCOIN HAS REACHED CROSSROADS. ANALYSIS SHOWS HOW TO ENTER TRADES WITH WHOMEVER IS GOING TO WIN BUYERS OR SELLERS.

REACHED 20MIN LIMIT ON THE VIDEO AND GOT CUT OFF - BUT THE MAIN POINTS ARE THERE. WE ARE FINISHING A MAJOR WAVE CORRECTION IN A TRIANGLE AND IT NEEDS TO DO ANOTHER THRUST DOWN TO COMPLETE THE STRUCTURE BEFORE WE SEE A BOTTOM AND A RETURN OF BULLISH MOMENTUM

We have bounced off of trinagle support (and closed our short position) and now broke out from the down channel to probably retest the high of the triangleHowever, this coming to an apex of the triangle and you should be avoiding trading near the apex wait for the triangle breakout up or down to buy or sell momentum out of it !

Gameplan for short term traders, explaining how to manage our current trade, when to take profits and what to expect next. Also a gameplan for long term HODLers shown how to do it with minimum risk using TA.

Two scenarios for a trade, a bullish if we bounce off of support taking out previous candle high, or break down taking out supporting trendline and we sell that.

AT THIS POINT WE PREFER A SMALL CAUTIOUS LONGS AND WILL BE ADDING ABOVE 42K42000-42500 KEY AREANEEDS TO CLOSE ABOVE = BULLISH REJECTION = BEARISH = RETEST OF 30K

In this video we analyze inverted charts to see how your view would change if you didnt know what those charts were and strictly judged them on their price action

Elliott wave analysis gives us a better way to understand the market movement and psychology behind it, but dont get too hung up on the COUNT itself, just understand the basics of the wave theory to help you identify trends and consolidations

Im showing a conservative way of entering bitcoin longs for the mid term hold for those on the sidelines.

Lets see what reaction we get from the price. To start making any bullish case it needs to close above the channel to resume further recovery. A rejection from it is bad news and more downside to come.

How to trade relief rally to the long side and what pitfalls lie ahead

Wait for the channel breakout or let the price develop sideways. Observing this on the sideline is best at the moment - let the dust settle.

WE ARE IN THE RANGE 2 NOW IF WE TAKE OUT 42000 SUPPORT CHANNEL LOWER TRENDLINE & RANGE 2 WE ARE GOING TO TP1 36500 NEXT IN ACCELERATED SELLOFF BULLISH CASE STARTS WHEN WE TAKE OUT TRENDLINE RESISTANC & BREAK BACK INTO RANGE 1 TERRITORY ON CLOSING BASIS AKA ABOVE 45500.

FOR AGGRESSIVE INTRADAY TRADERS YOU CAN BUY 30 MIN OR 1HR BULLISH CLOSE OFF OF 42000 SUPPORT (IF IT HAPPENS)TO TRENDLINE TP1 & TP2 RANGE TOPSTOP LOSS SHOULD BE 41000-41500

Is bitcoin selloff over? maybe...but to be sure we want btc price to prove to us that it is bouncing and take out some resistances - foremost the descending channel top resistance with a close above it for us to go long.

WE HAVE REACHED STRONG SUPPORT LEVELDOESNT MEAN IT WILL HOLD SO TO BUY THE DIPWE WILL LET THE PRICE TAKE OUT HE CHANNELFIRST TO PROVE TO US THAT THE BOUNCE IS REAL

IF WE BREAK THIS TRENDLINE WITH DAILY CLOSE BELOW IT, PRICE TARGET BECOMES 28000-30000 SUPPORT ZONE

WAVE A - 11 DAYS TO COMPLETE WAVE C - ONLY 3 DAYS SO FAR THUS TIME CORRECTION WISE IT ISSTILL NOT COMPLETE WILL LIKELY FOLLOW SIMILAR PATH TO WAVE A WITH CONSOLIDATIONIN THE MIDDLE OF THE WAVEBEFORE MORE DOWNSIDE

price needs to break trendline and close below it on 4H basis to confirm this scenariofor a scalp short trade to 47000

Whether we do one more leg up to complete B or we put the top in for B in place we still have to go down in wave C - the trend line will be key to catching that move!

break of trendline confirms this scenariofor a scalp short trade to 47000

ABC zigzag correction to 42500 is another possibility

Bitcoin major impulsive wave ended in ending diagonal (as indicative in 3 wave structure in the overlapping 1-2-3-4-5 diagonal) and needs to complete its ABC zigzag correction.

Janet Yellen just came out stating that the rates will need to rise as economy is overheating and admitted to higher than expected inflation being present (DUUUHHHH) What does this all mean for BITCOIN ? Key Level is 52300 and how to trade off of that EXPLAINED!

Bitcoin is recovering towards 50 fib retracement and channel/trendline resistance with two trading possibilities. We can trade to the short side if we see bear momentum or stay long if a break out occurs. Also a good gauge for altcoins

In this video we are going to take a look at different market cycles, where we are on them right now, how corrections happen and in what form, and where to buy bitcoin next?

Correcting the selloff over the weekend has reached 382 and has room to go higher to 618 fib easily before another wave down.

Major points of the video:1. The huge run up from 10k to 65K is completed now, and we are entering a corrective phase.2. Correction of the wave 3 up from 10 to 65 is looking at around 41-42k region3. After wave 3 follows another wave up in a form of wave 5 (according to Ellitt Wave Theory) where this correction of wave 3 will allow you to reestablish long...

By either now w a stop below todays low or break of the trendline

long when triggered high risk

$BTCUSD 1hr sell trade previous hourly low

possible long trade when price action breaks the trend line to the upside

$BTCUSD is consolidating but more bearish than bullish

either buy support for a bounce, if it breaks stay short.

$BTCUSD 4HR INVERTED H&SBuy break

$BTCUSD Oopsie daisy more downside

$BTCUSD quick video update May 16 2019 price action...wait for this consolidation to end and then look to get long again when the signals are there.

In yesterdays video we've said that the BTC price was consolidating and we should stand aside, now, it has reached its first target the 4 hr EMA, going to leave it alone until I see it catching bids again on 1hr and then go long, might happen over weekend or next week.

Bitcoin corrective price action happened as seen in my videos, it satisfied the bare minimum to resume uptrend, however, Id feel more comfortable with a deeper correction before going long.

Bitcoin corrective price action happened as seen in my videos, it satisfied the bare minimum to resume uptrend, however, Id feel more comfortable with a deeper correction before going long.

BITCOIN BTCUSD Video Update Trend Continuation Setup - Wait for the breakout, retest followed by more strength to go long for an uptrend resumption. Again though, the correction is still shallow and can consolidate for a little longer before uptrend resumes, thus wait for confirmation

BITCOIN BTCUSD Video Update Trend Continuation Setup - Wait for the breakout, retest followed by more strength to go long for an uptrend resumption. Again though, the correction is still shallow and can consolidate for a little longer before uptrend resumes, thus wait for confirmation

$BTCUSD Crypto Update - more consolidation before another leg up

BTCUSD Outlook & drill down from weekly to hourly - how to tradeWait for the bullish flag breakout to go long.

BTCUSD CRYPTO UPDATE - What to expect in the next 24-48hrsWe're consolidating still on the 4hr chart wait for deeper pullback, or jump on the longs if momentum supports it.

Deeper pullback still in the cards, however, 1hr trades are possible for uptrend continuation.

BITCOIN BTCUSD Short opportunity for the risky types - wait for the price to break down the trend line, use a pullback to enter.

BTCUSD BITCOIN 2 scenarios to play out this week, both tradableUpside scenario is w the trend so it's preferable, however, downside scenario can easily be traded with proper risk management

BTCUSD BITCOIN 2 scenarios to play out this week, both tradable Upside scenario is with the trend so it's preferable, however, downside scenario can easily be traded with proper risk management as well. Wait for the breakout to either direction!

Price is consolidating now, if we see resumption of weakness, we should jump on shorts albeit it is counter-trend so trade 1/2 your usual size with tight stops. You can also go long once we see buying momentum take out the trendline shown in the video.

We are monitoring one hour chart to go long as our minimum 4 hr correction has been satisfied.

Waiting to trade the bearish flag breakdown as a primary choice for the price action to play out today. Again though this is a counter trend move being a correction of the recent rise, so trade with caution and tighter risk management.

$BTCUSD Bitcoin Daily Update - Trade breakdown of the flag 1hr

$BTCUSD Bitcoin short trade now at market on 1hr time frame.

Bitcoin Short Opportunity To Come if we see weakness sipping into the market again, we'll hop on that bandwagon and trade it to the downside. Let's see if we see the setup in a couple of hours.

Lets see if we consolidate a little longer to form a proper right shoulder and then take out the neckline.

$BTCUUSD Bitcoin June 7th trading plan - hourly double bottom - Im looking to trade longs once I see buyers momentum coming into the market again.

SCALP LONG AT THE MARKET WITH TIGHTS STOPS AND ADD TO LONGS ON THE TRENDLINE BREAKOUT

Buy at market targets upper channel on 4hr and stops below 7840

Bitcoin price action to unfold in 2 scenarios, both are easily tradeable.

Bitcoin Roadmap - The Importance of Higher Timeframes This is more of an educational how to video that talks about how to understand current market environment.

$BTCUSD Bitcoin breakout to the upside, hop on the train if you still havent.

$BTCUSD Bitcoin Update June 12 Price Action and Trading Plan:Stay long for now, hop on the longs if you havent for now it looks bullish.

BTCUSD BITCOIN Update Price Action and How to Trade Next:Wait for the bullish breakout once again!

Quick analysis on the last hour PA.

If youve been following here or other venues (in my signature) and traded with me you'd make very nice profits for this week, Im closing this long to avoid low liquidity weekend risk

Buy the breakout, same thing as last week.

Go long now targets are 9550 and target 2 is 10k

$BTCUSD Bitcoin Bull Flag Breakout & Retest 1HR #bitcoin #crypto

Again we are at the crossroads lets wait for the breakout in either direction.

T1- 9550T2-10000

Bitcoin Evening Update June 20th - Holding Longs As mentioned yesterday T1 is 9550 T2 is 10k - hope you guys all followed and made money!!!

BTFD! :)

Outlined several playable scenarios, just going to have to wait and see the price action to develop one way or another and trade on it!

Bitcoin play for this week GO LONG w TiGHT STOPS

Want the price to develop a bit further, and hopefully see sideways consolidation before upwards resumption movement.

Bitcoin is the correction over? How to Trade it next, both scenarios short and longs outlined. You can easily short scalp the correction with 1hr and 5 min charts and ideally we would see a dip below 10K to start looking for buys again AFTER we see bulls coming back in.

Bitcoin Correction Over Bounce Coming or More Pain ? #bitcoinOutlining both long and short plays that can make $$$

Crypto update should have had dinner w us Go long small here and then add on pullback and continuation pattern

Bitcoin quick scalp play to the long in the correction

Bitcoin trade in profit keep riding it also can put stops to break even

Bitcoin trade setup, never too late

Trail stops and take a little profit, risk free trade at this point

Bitcoin in profit whats next? how to manage the winnings ?

Bitcoin buy the breakout YET AGAIN!!!! breakout pullback followed by continuation would be the ideal scenario

Bitcoin how to enter long if you missed the original breakout see the vid.

Bitcoin weekend update, what now? - same old routine, waiting for the breakout ;)

Bitcoin coiling for a move up

Dont trade on the weekend

Bitcoin quick update 1hr consolidation within a triangle

check out my signature for more info on how to get updates live

Bought at 200sma hourly for a scalp

Going to wait for EU open to see how it goes but Ill be looking for some scalp trades at appropriate levels.

Check my signature for more info

Bitcoin 2 trading ideas happening soon