SPE.C.T.R.E.
🐝 BTC UPDATE (4H) (Full version on TradingView) The price is moving inside the big ascending channel. On its way upwards, $BTC broke through the global resistance and took a hold above the one, which is a clear bullish sign. However, the price still didn't…
🐝 BTC UPDATE (2H)
May be I'm overreacting at the moment, but everything fits perfectly. Now we have a perfect ascending channel with the middle line which is also respected by the price of
Then test the support of $9530 and trigger a bunch of long stops. After these movements
Link to the TradingView idea (full version): https://www.tradingview.com/chart/BTCUSD/vF278x4y-BITCOIN-This-HALVING-Growth-Is-Endgame-for-SHORTS/
May be I'm overreacting at the moment, but everything fits perfectly. Now we have a perfect ascending channel with the middle line which is also respected by the price of
$BTC. Before updating a local high, the price needs to trigger stop losses of short positions opened below the $10000.Then test the support of $9530 and trigger a bunch of long stops. After these movements
$BTC can easily continue going upwards following the ascending channel and reach $10500 resistance just in time of Halving.Link to the TradingView idea (full version): https://www.tradingview.com/chart/BTCUSD/vF278x4y-BITCOIN-This-HALVING-Growth-Is-Endgame-for-SHORTS/
SPE.C.T.R.E.
📍 #ETH UPDATE There are two main supports: $205.8 and $202.2. These levels act as a support levels. If $ETH doesn't consolidate above them and goes lower - we forget about the LONG. However, if there is a positive reaction on these levels - we will consider…
🏁 #ETH
Mentioned supports of $202.2 and $205.8 turned out to be strong enough to keep the price upwards, there were only small fake-outs.
The price reached the first resistance at $215.5 (6.5% profit) and was rejected. Now we should wait for
Mentioned supports of $202.2 and $205.8 turned out to be strong enough to keep the price upwards, there were only small fake-outs.
The price reached the first resistance at $215.5 (6.5% profit) and was rejected. Now we should wait for
$ETH to break the resistance and consolidates above in order to open another LONG.
SPE.C.T.R.E.
📍 #BNB As the result, we see a huge dump on $BNB of 11%. Those who caught it - my congratulation. Speaking about the future - it is not a very bright. More likely we will dump a little bit more, then small correction and a dump continuation.
📍 #BNB
This was a small correction we were talking about. Correlation between BNB and BTC is really low, so while Bitcoin is bullish, Binance Coin is in danger.
Our plan remains the same.
This was a small correction we were talking about. Correlation between BNB and BTC is really low, so while Bitcoin is bullish, Binance Coin is in danger.
Our plan remains the same.
🐝 BTC UPDATE
The price just touched the ascending support of the channel. As long as
If during weekend the price break down through this support, we should see a reaction at Monday cause there will be a gap above the price.
We stay without a position on
The price just touched the ascending support of the channel. As long as
$BTC stays above the $9530, long positions are safe. If during weekend the price break down through this support, we should see a reaction at Monday cause there will be a gap above the price.
We stay without a position on
$BTC, as we always do on weekends.Forwarded from SPE.C.T.R.E. margin
Forwarded from SPE.C.T.R.E. scalping
🐝 BTC UPDATE
Dump happened and we must accept it. As we said yesterday, we didn’t hold any margin position at weekends, so this dump passed aside.
Talking about the current situation, the crucial level is $8420. We broke one with the shadow but now
At the moment we consider this dump as a long squeeze, because:
1. Monthly bullish absorption is still valid
2. The bullish trend line wasn’t broken
3. We gathered a bunch of fuel from triggered stops
4. There is a giant gap above the price
Taking all these facts into account we can say that the priority remains the same - upwards and the first level we need to test is $9500. This level should be tested in any case. If we can’t break it - priority turns bearish.
Dump happened and we must accept it. As we said yesterday, we didn’t hold any margin position at weekends, so this dump passed aside.
Talking about the current situation, the crucial level is $8420. We broke one with the shadow but now
$BTC trades above. At the moment we consider this dump as a long squeeze, because:
1. Monthly bullish absorption is still valid
2. The bullish trend line wasn’t broken
3. We gathered a bunch of fuel from triggered stops
4. There is a giant gap above the price
Taking all these facts into account we can say that the priority remains the same - upwards and the first level we need to test is $9500. This level should be tested in any case. If we can’t break it - priority turns bearish.
At the moment we only observe, no position opened on $BTC
Link to the TradingView idea: https://www.tradingview.com/chart/BTCUSD/THGxtw1d-BITCOIN-Debriefing-After-the-Dump/
SPE.C.T.R.E.
📍 #XTZ & #LINK UPDATE $XTZ price has broken the bullish triangle. However, Tezos is getting weaker and weaker, so the retest can be failed. If the price falls under the support level, $XTZ is dead. If not, the target is $2.94. $LINK is much more bullish…
📍 #XTZ & #LINK UPDATE
The previous update worked out. Talking about current times, both of these assets are looking good for LONG. The position can be opened with tight stop losses.
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The previous update worked out. Talking about current times, both of these assets are looking good for LONG. The position can be opened with tight stop losses.
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$LINK stop loss should be placed below the ascending support. -
$XTZ stop loss should be placed slightly below the $2.5 level.Repeat once again: don't trade #BITCOIN at weekend. In the majority of cases it won't bring you anything but stop loss.
SPE.C.T.R.E.
🐝 BTC UPDATE Dump happened and we must accept it. As we said yesterday, we didn’t hold any margin position at weekends, so this dump passed aside. Talking about the current situation, the crucial level is $8420. We broke one with the shadow but now $BTC…
The GAP is truly massive.
Upper border at $10050 and the down border at $8800. The price difference is 14.3%.
Upper border at $10050 and the down border at $8800. The price difference is 14.3%.
🐝 BTC UPDATE
The new trading week has started. Unfortunately, we have to admit that it is too early for opening a LONG position here. The chart is forming a bearish pennant which will be broken downwards with the 75% probability.
No doubt, there are Halving and a giant GAP above the price. These factors triggers people to open LONG and ignore a number of bearish facts. Sweet spot for MM to trigger another bunch of LONGs stop losses.
The price can fall down to $7700 - $7800 in the near future, but more likely not lower. Why did I mentioned exactly this zone? There we can see a cluster of big buy orders which recently appeared. Moreover, reaching this zone will help us in printing a higher low.
Link to the TradingView idea: https://www.tradingview.com/chart/BTCUSD/UjEUT0nG-BITCOIN-Bearish-Pennant-and-Possible-Decline/
The new trading week has started. Unfortunately, we have to admit that it is too early for opening a LONG position here. The chart is forming a bearish pennant which will be broken downwards with the 75% probability.
No doubt, there are Halving and a giant GAP above the price. These factors triggers people to open LONG and ignore a number of bearish facts. Sweet spot for MM to trigger another bunch of LONGs stop losses.
The price can fall down to $7700 - $7800 in the near future, but more likely not lower. Why did I mentioned exactly this zone? There we can see a cluster of big buy orders which recently appeared. Moreover, reaching this zone will help us in printing a higher low.
Link to the TradingView idea: https://www.tradingview.com/chart/BTCUSD/UjEUT0nG-BITCOIN-Bearish-Pennant-and-Possible-Decline/
Forwarded from SPE.C.T.R.E. scalping
SPE.C.T.R.E.
🐝 BTC UPDATE The new trading week has started. Unfortunately, we have to admit that it is too early for opening a LONG position here. The chart is forming a bearish pennant which will be broken downwards with the 75% probability. No doubt, there are Halving…
🐝 BITCOIN
We were waiting for the dip to open LONG, but at the moment it seems that we won't go lower. So, we just opened LONG position.
The triangle was broken upwards and the upper border was tested successfully. Moreover, now we can see an absorption of the whole post-dump flat. Great point to enter a position after a small rollback.
We were waiting for the dip to open LONG, but at the moment it seems that we won't go lower. So, we just opened LONG position.
The triangle was broken upwards and the upper border was tested successfully. Moreover, now we can see an absorption of the whole post-dump flat. Great point to enter a position after a small rollback.