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Short Term technical analysis and Trades Setups ONLY!
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The latest Messages 17
2022-09-25 12:20:56
458 views09:20
2022-09-25 12:20:34
#BTC 4H - PUMP it up?
Still looking for the BREAKOUT of this mega falling wedge
A BREAKOUT that could turn into a FAKEOUT (bear case)
As a trader we need to get ready for both cases.
BEAR CASE: Rejection at the 23k area (70% level min)
BULL case: 25k and above (100% min)
417 views09:20
2022-09-25 12:19:19
393 views09:19
2022-09-25 12:18:49
https://twitter.com/BTC_TradingLab/status/1573964772516700160
384 views09:18
2022-09-23 10:14:31
Have a nice weekend guys.
I will be back on Sunday and look at the weekly close.
373 views07:14
2022-09-23 08:54:27
Case number 1 has 80% chances (in my opinion) but as a trader I cannot get caught looking at only one way of the trend.
ANYTHING CAN HAPPEN. The market will decide where to go. I can just look at probabilities.
The alternative ending diagonal represents the possibility of the BEARS resisting against the BULLS.
That would actually be a better scenario to me in terms of trading.
Ending diagonals are the BEST PLAY because you can usually identify them easily and place a tight Stop Loss. This gives you a nice Risk/Reward 9 times out of 10.
425 views05:54
2022-09-23 08:50:36
https://twitter.com/BTC_TradingLab/status/1573187224039997440
429 views05:50
2022-09-23 08:50:19
https://twitter.com/BTC_TradingLab/status/1573187218109526016
388 views05:50
2022-09-23 08:22:41
A wave 2 is nothing more than BEARS resisting and trying to get back control of the trend.
Many get caught thinking the trend will carry on its way down.
394 views05:22
2022-09-23 08:21:14
September 21 example of a wave 2 that lasted quite long and gave hope to BEARS
384 views05:21