All Bitcoin Daily descending wedges before February 22 2021 - only one failed
I had nothing to do so I reviewed EVERY descending wedge in bitcoin’s daily price action history. Only one broke down.
Recent posts
Another correction for Bitcoin, is this the final top?
The last post I made we were discussing whether this will be another short bull rally and that the top has been reached. Well, now we know, the bull market ...
Bitcoin tops out at $42,000, where to next?
So, my dilemma is whether this is really a temporary correction or will it be an extended trend reversal which means another round of the bear market. Yeah, ...
Bitcoin might break All-Time-High price before year ends
Right now, the Bitcoin charts are showing much clearly that it broke a massive triangle pattern, whether it is symmetrical or not, it doesn’t matter. We just...
Why you shouldn’t go all in your dumb trading bot however perfect it is
A few weeks back I thought I hit the golden ticket. I believed I found the perfect trading bot called virtubots developed by fx4btc. Perusing the bot’s trade...
My TA told ya Bitcoin was bullish months ago
So, Bitcoin is in the $12,000 range? Yeah, I was very confident for weeks it would happen. Let’s look back at the old tweets.
Bitmex Copy Trading
Actually, it’s also Binance, Bitfinex, Bittrex and Poloniex copy trading. The trading platform is just so robust.
Where is this going? Three-month Heiken Ashi Bitcoin charts
If you look at the three-month charts of Bitcoin in heiken ashi, you would say it is looking bullish. What are the odds that the July-September candle become...
Why 1-Percent Risk Rule is Stupid for Risk Management
So, I was practising this one-percent risk rule for the last couple of months. It states that you should only risk 1% of your trading capital per trade. For...
A Study of Bitcoin Pump and Dump Action: Early 2020
I noticed this price action recently this past few months. There is no known pattern to technical traders that I know of. The fourth price action chart is a...