Sick of the correction? read this..

Bitcoin completed a triangle correction

- Had strong shakeout & panic today
- Oversold conditions
- Market cycle completed
- Thin ichimoku cloud
- Inverse H+S on crypto total mcap
- Strong bullish trend in big picture

Here's the thing with Crypto you have to think big picture & not get stuck in "FEAR" or "Over trading " focus on the biggest time frame first then check volume & check market cycle comparison & finally check the Elliott waves & use some Fibonacci to get targets .

Things to avoid

- Over trading (checking the charts to often instead of making your trading plan & sticking to it)

- Over leveraging (using to much in any one trade)

- Making choices based on "Fear" or "Excitement"

- Not taking profits (this one is HUGE remember to scale your profits into tether when everything is overvalued & people are too excited)

if you do these things & avoid the list above you can be a very profitable crypto trader .

I have been charting bitcoin since 2015 here's some of my proudest predictions.

My bitcoin idea LONG. Coming to test 520-540 buy in that range

Bitcoin Long-term market cycle study on LOG chart

Count your waves & keep your head clear.

will be posting plenty of updates along the way :) stay profitable out there!

註釋

Support and resistance is zone! for the people saying "trend line broke!"

註釋

banks buy the .786

註釋

bear flag target met

註釋

needs to get above cloud on 30m

3 h oversold

& same with the 12 h

交易進行

Taking a small day trade down here on bitmex

entry price = $6746.5
stop loss price = $6619.6
target price = $7172.7
exchange = bitmex
leverage = 10x
entry date = 6-11-18
trading plan = HAI Daytrading

will keep everyone posted :)

註釋

Triangle spotted! if this breaks out it will be the cherry on top of my long position

註釋

breakout confirmed

註釋

Trading plan still active! retesting support of lower triangle line . stops are at $6619.6 & entry price = $6746.5

(big picture my chart above with the huge triangle is still active just playing a little day trade swing down here also)

stay profitable ! will keep updating

交易結束：達到停損點