Fields of Corn fürPOLONIEX:BTCUSDT von Basil13

Follow on From 3D Major support/Resistance 2 lines.

Slapped Three Lines on the graph and boom new strategy; Traffic light trades. Might get wet so i brought an umbrella.

Enjoy! ;)

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Above: Logarithmic Chart, Monthly Candlesticks. Think of the big picture and in time you will be rewarded greatly. The bottom has been capitulated, The sellers have Gone, and the short sellers are getting wiped out due to the amazing risk to reward factor in a long term perspective; and lets not forget Supply VS Demand. How many Dollars are there Again?

Trade ist aktiv:

Looking Good;

Trade geschlossen: Ziel wurde erreicht:

Target reached; waiting for re entry sub 10k levels

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Grabbed a long in the panic earlier, support is strong;

Trade ist aktiv:

More potential buying levels here;

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uptrend support has been broken but Fib support still holding;

Trade ist aktiv:

closed position at previous resistance; awaiting re-entry at levels marked;

Trade ist aktiv:

Comparison of the Treasury Yield VS BTC price. nothing to see here sir.
looking for a short entry on the next good bounce.

Trade ist aktiv:

Closed Position at 7420 due to heavy resistance showing on the descending wedge formation and BART showing up.
Will be trading the next legs down marked with arrows.

Trade ist aktiv:

Nasty Bitcoin

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and just as predicted.

Trade ist aktiv:

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do you see what i see

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Zoomed in wave count down, possibly play scenario:

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Zoomed in wave count down, possibly play scenario:

Trade wurde manuell geschlossen:

Took profit as we hit the Orange line, waiting for re entry

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nailed it

Trade ist aktiv:

Bitcoin looking good for some more upward movement here. i anticipate a further test of the lower regions of £5k but anything is possible. Red box in chart is where i see resistance forming and the downtrend resuming;