POST ELECTION BTC/STOCK MARKET CORRELATION...... PARABOLIC PUMP TO ALL NEW MONTLY-WEELKLY-DAILY HIGHS ....14,200.00s
Today we had a nice parabolic push to the upside penetrating major support/resistance 14,141.00 and descending channel (high) 14,256.00 & (SAR) BB (upper) 14,256.00.
I believe we have hit a new monthly /yearly high, I won’t be completely bullish until we break a 4H C. CLOSE above that s/r, and then even more bullish if we close 4H above both s/r and BB (upper) if we should get rejected I will put in for a small short position and sL-above BB and tp-major s/r . Then see if it goes back up to test the top again and wait for that 4H close before putting in any longs. Thanks,
hope u liked my opinion as I’m still considered a newbie myself but I’ll tell ya after ERICOLGY so called pro-trader (XFORCE TEAM TRADERS) got me REKT/LIQUIDATED by a huge rookie mistake that I even questioned the 1st time all the way till he triple downed on the short going against this whole bull trend.. yes this current bull trend half way in,i remembered “ the trend is your friend , until it’s your enemy” well his stubbornness of being a so called pro trader and not wanting to be wrong on a short gone very very long got me and many REKT, if this happened to you and you too are shadow banned with no recourse to speak to the others then please hit me up if this sounds very too familiar like a week ago familiar and Then to put insult with injury he then banned me for calling him out and pushing him to take some responsibility on 3 bad trades in a row triple downed short in a bull long trend, no of-course not ..just banned, ghosted forever so please speak up if ericolgy did this too u a new trader paying him to not make the rookie mistakes that you yourself are trying to prevent yourself and instead of premium pro trader advice you get REKT over and over hoping just hoping he was gonna be right before getting liquidated and blammm liquidated on a 20x short when every instinct was telling you to pull out and take a small beating and every fiber was saying why am i going against the trend never mind using pro leverage being a newbie, it felt oh so wrong right down to to short that never came but a ass beating and lesson did,anyway i just had to let it out and ramble sorry lol but if u were me you would know this shit hurt and now taking and having a lack of confidence from other pro traders and again on your own trying to recoup on your own and a team, a pro trader left ya for dead and behind to liquidity and only being a premium member (paid) 0.035 BTC member for only 2 weeks he not only banned me for calling him out but no refund! .. yes a rookie calling a pro out, lol yes how can a pro make a huge rookie mistake not once not but twice, no 3 times tripled down on that short that went so very LOOOOONG..and still going lol , well live ya learn and I’m recovering now and since found a real pro but still taking my time before committing, lol lol nobody here no team,no so called pro trader to laugh too!
(10XBITTRADER)
Phemex
today we learn about scam wicks.....BASICALLY WHEN U USE HIGH LEVERAGE U WILL GET REKT BY A SCAM WICK,,WATCH OUT FOR THESE FRAUDULANT WICKS PERPETRATED BY THE LIKES OF BYBIT OR BITMEX MOSTLY BY ALL LEVERAGE TRADING EXCHANGES THAT USE THESE TO LIQUIDATE U OUT OF YOUR TRADE POSITION, SO LESSON IS NOT TOO USE HIGH LEVERAGE AND RULE OF THUMB 10X OR OVER! JUST A SMALL TUTORIAL
WATCH OUT FOR POND SCUM SO CALLED PRO TRADERS "ERICOLEGY..TEAM .XFORCE,,,WHY DID HE HAVE ME AND TEAM GO SHORT AT A GOLDEN CROSS WHEN EVERYONE ELSE WENT LONG? I KNOW WHY? .HE WENT AGAIST THE GOLDEN RULE " TREND IS YOUR FRIEND TILL THE END" BECAIUSE HE THOUGHT THE GAPS THE CME GAPS WERE GONNA BAIL OUT HIS GHORRIBLE CALLS NOT ONCE BUT 3 TIMES AS HE TRIPPLED DOWN AND SENT IN HIS TEAM OF SUBSCRIBERS FOR THE SLAUGHTER!
WELL NOW IS THE TIME TO GO SHORT , NOT AFTER A GOLDEN CROSS IN WHICH MY SO CALLED PRO EXPERT TRADER ERICOLEGY TOLD ME AND WHOLE GROUP TO GO AND NOT ONCE BUT TRIPPLED DOWN UNTIL ALL GOT REKT! IL BE THEN EVEN MORE BEARISH WHEN THE DEATH CROSS APPROACHES, AS YOU CAN SEE THIS BULL TREND REAALY STARTED AT THIS GOLDEN CROSS.. I BELIEVE ALOT of people got rekt taking shorts recienly, me myself i defently did because i took the word from a so called pro trader named "ERICOLEGY" THE XFORCE TEAM LEADER TRADER,not onlt did he get me rekt but he banned me from his group and took ny 0.035 btc bitcoin subscription fund with only 1 week of him being my lead trader and has not reimbursed me for these funds nor got my 2 hour phone call monthly because within a week he banned me for complainimg that i got rekt over his call of 3k..anyway guys-traders be careful of pond scum like "ERICOLEGY" ...XFORCE....MAYBE HE CARES TO EXPLAIN WHY HE STOLE MY FUNDS AFTER GETTING ME REKT, IF U LOOK BACK AT MY CHARTS I WAS ABOUT TO TO A 20X SUICIDE LONG WHEN HE TOLD ME TO BACK OUT AND GO WITH THE GROUP SHORT SO I TOOK HIS ADVICE AND GOT REKT!!
ANOTHER LOOK AT A POTENTIAL BREAKDOWN OF ASCENDING CHANNEL AND MAJOR SUPPORT -RESISTANCE ON THE DAILY TIME FRAME, THIS IS THE 1ST LOOK AT A BEARISH BREAK TO THE DOWNSIDE IN THE LAST 8-9 GREEN DAILY CANDLES THE BULL TREND HAS BEEN VERY STRONG WITH ALREADY 2 FAKEOUTS -BEARTRAPS IN LAST 3 DAYS, ARE THE BULLS RUNNING OUT OF POWER OR ARE THEY CONSOLIDATING FOR A BULLISH MOVE HIGHER ? ONLY TIME WILL TELL NOW BUT I HAVE MY MONEY ON THE BEARS TAKING CONTROL FROM HERE AND WE SEE A NICE NEEDED CORRECTION TO THE DOWNSIDE SO THAT THE BULLS TAKE A BREAK ,REST AND GET READY FOR ALL NEW HIGHS IN THE UPCOMMING MONTHS AND END OF YEAR WHERE WE EXPECT HIGHER PRICES AND ALL TIME NEW HIGH'
ANOTHER LOOK AT A POTENTIAL BREAKDOWN OF ASCENDING CHANNEL AND MAJOR SUPPORT -RESISTANCE ON THE DAILY TIME FRAME, THIS IS THE 1ST LOOK AT A BEARISH BREAK TO THE DOWNSIDE IN THE LAST 8-9 GREEN DAILY CANDLES THE BULL TREND HAS BEEN VERY STRONG WITH ALREADY 2 FAKEOUTS -BEARTRAPS IN LAST 3 DAYS, ARE THE BULLS RUNNING OUT OF POWER OR ARE THEY CONSOLIDATING FOR A BULLISH MOVE HIGHER ? ONLY TIME WILL TELL NOW BUT I HAVE MY MONEY ON THE BEARS TAKING CONTROL FROM HERE AND WE SEE A NICE NEEDED CORRECTION TO THE DOWNSIDE SO THAT THE BULLS TAKE A BREAK ,REST AND GET READY FOR ALL NEW HIGHS IN THE UPCOMMING MONTHS AND END OF YEAR WHERE WE EXPECT HIGHER PRICES AND ALL TIME NEW HIGH'
STILL WAITING FOR SHORT TRADE AND 50 MA SUPPORT-RESISTANCE TO ..BREAK WITH A 4H RED CANDLE CLOSE, I GAVE EVERYONE MY SHORT POSITION YESTERDAY AS YOU CAN CLEARLY SEE IN MY CHART WE DEF HAVE HAS BEARISH DIVERGENCE ON ALL 4 OF MY CONVERGENCE-DIVERGENCE INDICATORS, THE( MACD.AROON,RSI,RSVP) VOLUME IS VERY LOW STILL AND WAITING FOR A NICE VOLUME PUMP TODAY FROM THE BEARS, TRYING TO REMAIN CAREFUL BECAUSE WE ALREADY HAD THIS WEEK AND LAST FEW DAYS 2 FAKEOUTS -BEARTRAPS,SO IM USING 2 METHODS FOR MY PRETTY TIGHT AND REASONABLE STOP LOSS, THE ATR X 2 AND THE (BB0 BOLINGERBAND RESISTANCE-SUPPORT ABOVE MY SHORT . AS YOU CAN SEE I WENT BEARISH AFTER MY BROKEN HORIZONTAL CHANNEL TREND LINES LOWER SUPPORT. ANYWAY GUYS STAY SAFE BECAUSE IM NOT 100% POSITIVE THAT THE BULLS ARE TOTTALY OUT OF GAS, THEY JUST MAY SUPRISE US AGAIN WITH ANOTHER FAKEOUT AND BEAR TRAP AS THE BULL TREND HAS BEEN VERY STRONG FOR THE PAST 9 GREEN CANDLES ON THE DAILY TIME FRAME SHOWING POWER.
AFTER 2 FAKEOUTS AND BEAR TRAP ON OUR PREVIOUS SHORT I HAVE A BETTER IDEA FOR A NEW SHORT POSITION...Hey guys i re figured my previous short trade by closing it and taking on a new short trade by doubling down with the 25X leverage , my new short 11290.00 just below the 50 MA (moving avarage) so once bitcoin breaks that critical resistance line and it closes a 4H red candle below it will start the bearish trend, im using high leverage only because im setting a very tight stop just above the previous resistance line the 20 MA , and liquidation will be over the top BB bolinger
BB band at 11699.00 so even if i decided to not use my stop i feel the bulls do not have the power to push above that resistance top BB , im going to take profit TP- 10850.00
just before another major resistance line the 200 MA, so guys we are using the top 3 moving averages to execute this trade to our advantage, i think this is the best short i have seen and i believe it will execute perfectly, check out my chart and see how everything is lined up and color coated as that my style of charting, some think my charts are busy but for me they are perfect, also you will see right now all 3 bearish divergences are all crossed into red and lined up to start this bearish trend, we will just wait paciently for the 4H hour red candle close just under the 50 MA , just put in your triggers-trade now and just sit back and wait to execute and start playing out perfectly
LOOKS LIKE A BULISH DAY TODAY IF THE GOLDEN CROSS ON THE 1D ..LOOKS LIKE A BULISH DAY TODAY IF THE GOLDEN CROSS ON THE 1D .. IF IT DOES ITS JOB LIKE 85% OF THE TIME IT ACRES, ANYONE WHO DONT KNOW WHAT A GOLDEN CROSS IS ITS WHEN THE 50 DAY MA GOES ABOVE THE 200 DAY MA ,SO THIS IS MY LONG @ 11446.00 , we are currently just inside my horizontal trend line thats been holding for last 6 days or so on the daily time frame, im doing a do or die all or nothing suicide trade using 25X leverage, my liquidation is @ 11059.00 just under the CME gap @11120.00 so im really playing with fire and im at the point now with losses adding up that i need a hail Mary and maybe some prayers or possibly medication lol... so wish me luck trading view fam!
10XBITTRADER TRADINGVIEW CHART WITH THE MOST POWERFUL.... AND HIGHLY ACCURATE ASWELL AS BEING SO SIMPLIFIED ONCE YOU KNOW WHAT EVERY INDICATOR IS USED FOR AND YOU KNOW HOW TO USE EACH INDICATOR , AS BUSY AS THIS CHART LOOKS ITS REALLY NOT AT ALL, THIS TOOK ME BETTER THEN THE LAST YEAR TO PUT ALL MY FAV INDICATORS ON ONE CHART AND HAVE THEM WORK IN SYNC AND AS ONE, ONCE YOU DRAW YOUR HORIZONTAL TREND LINES , SUPPORT AND RESISTANCE THEN THE REST IS A WAITING GAME FOR THE PERFECT TRADE BREAK OUT OR TO KNOW WHEN TO EXIT. ANYWAY HERE IS MY CURRENT LONG POSITION , IF THE BEARS PUSH BITCOIN OUTSIDE MY HORIZONTAL TREND LINE (LOWER) THEN I WILL EXIT TRADE AND I HAVE MY SHORT ALL SET TO TRIGGER . ANYWAY SAFE TRADING..THE BULLS AND BEARS ARE FIGHTING THIS OUT AND WE JUST DON'T KNOW WHO WILL WIN BUT WE DO KNOW KNOW A MAJOR PUMP OR DUMP ILLUMINATES VERY SOON, WE STILL HAVE 2 GAPS TOO FILL SO IM GUESSING IT WILL BE THE BEARS AND SHORTS WHO WIN THIS BATTLE IN THE VERY SHORT TERM BUT LONG TERM IT WILL BE THE LONGS , THE BULLS WILL WIN THE LONG GAME AS WE REACH NEW HIGHS EACH YEAR AND AS BITCOIN CONTINUES TO OUTPERFORM AND OUTSHINE EVERY OTHER ASSET, COMMODITY, INVESTMENT THIS DECADE AND IT WILL CONTINUE TOO DESTROY THE CURRENT FRAUDULENT FRACTIONAL RESERVE FIAT CURRENCY AND MONETARY SYSTEM AND CORRUPT BANKS CRUMBLE AS THERE WILL BE NO NEED FOR THEM OR ANY 3RD PARTY INTERMEDIARY, WILL WILL ALL BE OUR OWN BANKS WITH NOBODY CONTROLLING YOU ON A TRUST LESS LEDGER THE BLOCK CHAIN THAT IS 100% UNHACKABLE, AND IS SYNONYMOUS AND CANT BE SHUT DOWN OR CENSORED, ITS DIGITAL GOLD AND ONE DAY I BELIEVE AND HAVE BELIEVED SINCE 2012 WHEN I STUMBLED ONTO BITCOIN THAT BECAUSE OF THE FINITE SUPPLY OF ONLY 21 MILLION COINS TO EVER BE MINED AND THE ENDLESS PRINTING OF MONEY THAT CAUSES INFLATION AS BITCOIN IS THE ONLY DEFLATIONARY MONEY AND ASSET IN THE WORLD AND ONE DAY MAYBE 10-12 YEARS FROM NOW 'ONE BITCOIN WILL BE WORTH ONE MILLION DOLLARS PER COIN" .... RIGHT NOW $11400.00 DOLLARS IS A STEAL AND YOU ARE STILL EARLY ENOUGH AND HAVE NOT MISSED OUT, I BELIEVE JUST NEXT YEAR 2021-2022 THE PRICE WILL BE SOUTH OF 100K FOR A BITCOIN, IF U DOUBT ME THEN JUST LOOK BACK TO 2015 WHEN YOU COULD BUY BITCOIN FOR $250.00 BUCKS..YES TRUE I DID EXACTLY THAT! ANYWAY TRADE SAFE AND MAKE SURE YOU HODL AT LEAST 1 FULL BITCOIN INTO THE NEXT DECADE AND IF NOT FOR U DO IT FOR YOUR CHILDREN'S FUTURE , FINANCIAL SECURITY, SAFETY HEDGE AGAINST INFLATION AND GIVE THEM A STORE OF WEALTH THEY CAN LIVE ON FOR THE REST OF THERE LIVES.
WHEN WILL THE BULLS RUN OUT OF POWER..FROM A FAKE OUT........TOO SOME SURPRISING PUMPS THAT HAVE MY ANXIETY TURN STRESS TURN CONFUSION SO MANY TIMES WITH NO CLUE JUST HOW FAR BITCOIN WILL GO GREEN OR WAITING ANY MINUTE FOR THE FLOOR TO DROP SO TO REALLY FILL THE GAP @ 11120.00 AFTER THE MORNING FAKE OUT , I WAS IN A SHORT AS OF YESTERDAY (SUNDAY) HOPING FOR MONDAYS OPENING TO GO CLOSE THE WEEKEND GAP, SURPRISE BITCOIN WANTS TO PUMP A LITTLE MORE AND CONFUSE THE SHORTS JUST AFTER BITCOIN MADE IT BACK DOWN TO 11180.00 JUST TO PULL A REVERSAL WITH LOTS OF VOLUME , I CLOSED MY SHORT AT A LOSS AND THEN FLIP FLOPPED INTO A LONG POSITION BUT A LITTLE TO LATE BECAUSE I THINK THE BULLS LOST THERE STEAM APPROX AROUND THE 11.7k AND NOTICED THAT BITCOIN AND THE BULLS COULD NOT BREAK MY UPPER HORIZONTAL TREND LINE AND I BELIEVED IT ACTED AS TOO MUCH RESISTANCE AND SO IT FAILED THEN STARTED REVERSING UNTIL ITS JUST BREAKING MY LOWER HORIZONTAL TREND LINE ( ITS IN ORANGE) AT ANOTHER RESISTANCE LEVEL SO IM WAITING ON A 1H CLOSE ON A RED CANDLE AND IM CLOSING THAT LONG WITH ANOTHER SMALL LOSS TO PUT IN A SHORT AT 11555.00 , I WILL PUT MY SL-11730.00 JUST OVER MY UPPER HORIZONTAL TREND LINE AND MIDDLE BB, I WILL SET MY TP- 11120.OO AT THE GAP CLOSE AND IF THINGS LOOK STRONG I MAY KEEP THE POSITION OPEN LONGER AND SEE JUST HOW FAR WE SLIDE DOWN .
Possible bullish setup BTCUSDAlright, Possible bullish setup currently forming. about 4 minutes left on this candle. If this next hourly candle closes in the lower Donchian Channel,but above the 50MA, I will look for a new high on the next candle, which will be my initial trigger. If that is the case, I will wait for the green SSL to cross above the red one. If these occur at the same time, I will enter a long position.