DOUBLE BOTTOM ESTIMATED PRICE READ VS PIPS

16. Sept.

Here I'm using ATR with my BULL PLOTTER. I've added some explosions in between the top candle and my bull plotter. As the bull plotter makes its way downwards to tap the top candle body or wick, the BULL activates.
There reads a double bottom. Long Position usually uses a 1.5 to 2 percent risk reward ratio but here I'm using 1% with a target read at $77,202 if I were to use pips ATR; pips reads it at 2620.7 pips which makes a price target at $64,805.

ATR trend does not work with price. The lower the ATR, the higher the price as the ATR moves up. While ATR may still be in a downtrend, does not mean the price will move downwards, the price trend can still make its way up.

16. Sept.

Anmerkung

As many bought low or bought high, not from my prospective or opinion but from Smart Money Movements and TA fundamentals, it’s up to you but holding is the best practice.

We have to let the bigger players work it out for a new ATH.

If you have been recommended to buy ALTS, you will not regret in doing so, this decision is yours but BITCOIN needs much progress before even thinking of ALTS.

16. Sept.

Anmerkung

BITCOIN is going to make a curve, by moving downwards as it curves moving upwards.
whales will not push prices that low to stochastic RSI level zero. I can’t see this happening, if this did, then We’d be seeing prices from 49K to 52k.

Why am I confident the trend bearishness is fading away?
Because my ATR cloud has been spiked from 1 hour timeframe all the way up to 1 day timeframe. Once I see a shark fin cloud, it’s calling out for the trend to slowly come to an end within that current candlestick and highest is the 1 day TF.

This can go to as lowest $57,142. Which is where ATR FIN is pointing out too but does not mean it’s headed there because it’s a strategy price drop estimate.

I’m sticking with the 1 hour timeframe. Why? Because it just closed and the current candle body did not close below the body of the previous candle. This rough estimate can mean the trend is headed back up.

There is also a whales contraction at $58,132 and the one below it is at $57,614 which almost agrees with my ATR cloud.

I also have 7 buying signals, I need 1 more to confirm where in an uptrend from a 1 hour.

I’ve have a pullback on a 4HR TF since 5pm pt. This allows me to know that once the candle closes then our next candle should be a move up candle. This is just for guidance, I can’t take my signals too serious unless I have 100% assurance we’re in an upturned. This is usually confirmed through price action.

There is 44 minutes left to the 4HR TF.

Remember my BULL PLOTTER, the BULL has been BITCOIN activated. There’s no turning back.

This analysis I’ve mentioned to even say, I did not combine it with smart money movements.

I will then share what smart money TA reads soon.

16. Sept.

Anmerkung

TA looks good but more waiting is required, all timeframes look healthy except for the 6HR TF.
BITCOIN is threatened for another minor correction.
For this reason, as we trade, we scalp. There would be no entry until the trend moves away from my bearish plotter.
Since it’s a 6HR TF, I’ll wait for more results.
It’s rejected before as I’ve looked back at its history.
I’d be air-headed to enter the trade with this type of threat.

TRADERS: for this reasons, Ive been changing my way of trading. I’d rather not get ahead of myself and not say how low or high because prices change hourly yet when looking at the bigger picture, we’re in a BULL RUN 3 year BULL CYCLE.

16. Sept.

Anmerkung

There is 1 hour left to the 6HR TF. The trend price must stay within its price range around $58,300 above. This will help eliminate another minor fall.
If in the case it goes below $58,300, as long as there’s time to recover before the 6HR closes, BITCOIN has moved slightly away from the threat.
Does this mean entry? The answer is NO, the price needs to climb more which will since the overall picture shows a massive uptrend coming our way.

16. Sept.

Anmerkung

BITCOIN has now been confirmed for entry.
Set your stochastic RSI at level 22, make sure the BULL wave makes the cross and Bull momentum must be at level 22 for entry.
Make sure the chart is set to volume.
If the stochastic rejects the level 22 then that means no entry.

Keep in mind, the London session will exit the trades by around 5AM PT to 6AM PT, price sometimes falls before the NYSE opens.

16. Sept.

Anmerkung

Nasdaq real-time data price is moving up. This means NYSE will soon correct; BITCOIN will start moving up once London Session has made complete exit.

16. Sept.

Anmerkung

Whale sell off, this was triggered at 7AM.

16. Sept.

Anmerkung

Gap at $56,894 and my whales trend pinpointed right at the gap. Now trend is moving upwards.
Price points out to $57,721

17. Sept.

Anmerkung

Whales have now triggered a purchase pullback alert and the 4HR TF, if many had looked into my comments, it was said to buy BTC on a 4HR TF by using the volume chart and to also use stochastic; making sure the bull momentum made the cross while reaching level 22 for entry.