SPE.C.T.R.E.
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SPE.culation of C.rypto T.oken by R.oi E.xecutive

🦈Be ready to bite the market!🦈

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Forwarded from SPE.C.T.R.E. scalping
ByBit
#BTC/USD All take-profit targets achieved 😎
Profit: 59.0395% πŸ“ˆ
Period: 28 Minutes ⏰
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270 million dollars is the amount of liquidations ONLY on Bitmex. It was expected and sudden at the same time. Luckily it happened during the weekend and we were already out of long position.

Update is coming soon.
β€‹β€‹πŸ 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 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.
πŸ“ #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…
πŸ“ #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.

- $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.
β€‹β€‹πŸ 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/
Forwarded from SPE.C.T.R.E. scalping
BitMEX
#BTC/USD All take-profit targets achieved 😎
Profit: 69.1938% πŸ“ˆ
Period: 59 Minutes ⏰
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SPE.C.T.R.E.
β€‹β€‹πŸ 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.
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🦈Be ready to bite the market!🦈
Happy Halving Everyone!
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β€‹β€‹πŸ BTC - BIG POST HALVING UPDATE (Full Version On TradingView)

Bitcoin has formed an ascending channel and currently is following the up-trend. The down-border of this up-trend is located at the $7450 point. Ascending channels usually are broken downwards. There are few other reasons which confirms the dump-theory:

1.
Formation of the bearish divergence on the RSI. Usually this pattern signs about the finish of an ascending channel formation
2. Elliott triple combo wave (WXYXZ)
3. The price of $BTC approached the support with the third time. As we know, usually global supports ask for three touches before being broken

However, there are some bullish factors as well: we have tested the lower point of support $8115 and took hold above higher point of support $8500 by the candle's body. So, we also admit a possibility of a flat which will gradually drag the price to the support of the ascending channel in order to break it.

Link to the TradingView idea (full version, advice to read a second half of the post there): https://www.tradingview.com/chart/BTCUSD/1ZeLJbqn-BITCOIN-Post-Halving-Trading-Options/
πŸ“ #ALGO

Beautiful double bottom on the 1W TF. Considering to buy some for long-term.