TR7z

BTC Crypto Hype III - The top is set - 618 play !!

Short
TR7z Updated   
KRAKEN:BTCUSD   Bitcoin
Hello trader,
good mood and profitable deals!

If you're new in the game,and you are interested in my plan, check out my previous analysis :

BTC fractal analysis! bigger correction is comming ?
Altcoin session is comming !!
BTC Crypto Hype - MA fight !!
BTC Crypto Hype II - Fractal play !!

As I have mentioned before, I believe that the BTC rally has come to an end, at least for this summer .

The rally ended at 65k at the 2,618 (from 20k - 3k, correction of the 2017 rally) and dumped to 47k, the 1,618
From here we saw a strong bounce, how else could it be, to 618 of the previous move. the mass was bullish again, the bulltrap was set.
will continue to trade the 618 game until it fails.


After the next correction I will go SHORT.
Target in the chart

I would like to mention that all I post are just options and my own opinion !
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
Discipline is the key to success !

Unfortunately, my english is not so good and I work with google translate, but if you have any questions I will be happy to answer them .

If you like my posts smash the like button, comment or follow me.
Dyor an trade save !

Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
bullish divergence on 1h rsi macd and stoch
Comment:
Comment:
Comment:
I expect a move into the 60 -61k area,
we are BULLISH
But BTC won't trade, I'm concentrating on alts
Trade active:
Div Alts long
Comment:
Comment:
I'm bullish, short term (the next few days); anything above 61k would change my mind about my long-term bearish plan, to neutral or bullish
Comment:

FIBOS works perfekt
Comment:
Trade closed manually
Comment:
Comment:
Doublebottom target reached..i expect the next, and maybe last upward move !
Trade active:
long
Trade closed: target reached
Trade active:
short
Comment:
Comment:
doubletop retest (15 m chart ) or start of wave 4 to the upside
Trade closed: stop reached
Comment:
new Doge TA
Comment:
new education
Comment:

the circles are importent fib levels
Comment:
TP1 reached
Comment:
movement looks very similar
Comment:
Comment:
TP2 reached
Comment:
new BTC TA comming soon
Comment:
New BTC TA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.