Selling opportunity in Bitcoin?

2024年9月26日

I don't know if the price will go up or down. But I think buying now in areas of multiple resistances is a bit risky.

Any divergence in either the MFI or the RSI indicating buying exhaustion, I believe it is a good time to sell. As happened on July 28th.

2024年9月27日

交易進行

Stables coins dominance signaling a bear trap.

2024年9月27日

註釋

MicroStrategy in resistance zone.
Many consider this stock a proxy for Bitcoin.
The correlation on the weekly chart is at a point where it tends to increase (periods from July to September).
In addition, the price is at the top of a long rising channel, threatening to break above and then turn back down in a symmetrical triangle on the daily chart.

2024年9月30日

註釋

USDT, USDC and DAI dominance index (together).

We have a possible false breakout of the bearish trendline in dollar dominance.

If this falsehood comes true, USD dominance falls, and so Bitcoin rises.

On the other hand, if there is indeed a breakout above and dominance rises, BTC falls further.

2024年10月2日

交易結束：目標達成

Wait for the next entry.

2024年10月3日

交易進行

Next target: 59k

2024年10月3日

註釋

The price needs to respect wave 1 to continue rising.

2024年10月3日

註釋

Bullish divergence

2024年10月3日

註釋

VIX: people are scared...

2024年10月17日

交易結束：達到停損點

Partial target hit, operation cancelled.

2024年10月17日

註釋

Will the party end early or will we still have an extension if the same bullish leg of wave 3 repeats?

2024年10月23日

交易進行

Bear divergence on Money Flow Index, also with rejected resistance in RSI.



Targets:
$ 62,875
$ 61,074
$ 57,229
$ 53,376
$ 48,725

Bear divergence on Money Flow Index, also with rejected resistance in RSI.
Can be only a pullback to continue rising? I don't know.

2024年10月23日

註釋

Pullback scenario:

2024年10月24日

註釋

⏳ Waiting...

2024年11月1日

取消訂單

The scenario in this chart is out of date.