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BTCEUR trade ideas

BTCEUR - Head & shoulder?Possible head & shoulder pattern on BTCEUR on the Daily. Green line = neckline. Measured distance from head to necline is shown and copied to indicate the target to the downside. Fib-levels (0.382 up to 0.786) are displayed on the chart for possible targets in case of a short. First target (based on the H&S), around EU20.500 is in between the 0.500 and the 0.618 Fib. On the 4H there's a bullish orderblock in that same area. The 50DMA is also around this level. Lower targets (possible wicks) are around the 0.786Fib (EU19.000 - EU19500) and the 0.886Fib (Eu18.000 - 18.500)
Short
by FibonaccIvo
Nostradamus 101: BTC/EUR 4 months aheadYes, nobody knows what will happen tomorrow, but based on patterns we can safely assume that BTC has overheated. Enjoy the next few months fellas, it will be a ride, FOMO campaigns non-stop, don't get fooled, just play your day-trade, in and out, unless you are acquiring spot assets in which case HODL. If I were you, I would wait for BTC to re-test the 47,000 area and then go short until 41,500, the rest is up to you. This is not financial advice, just a prediction based on the audacity of bankers during the 2008 mortgage crisis and 2012 sovereign debt crisis. Nothing is ever what it seems, but if you can use this prediction to your advantage, good for you. Enjoy. You're welcome.
BShort
by epiclegendaryman
29
Nostradamus 101: BTC EUR 3 months aheadThis is an update to the previous forecast see link below. Based on what we have seen, we are now effectively in a battleground. The same 'big' holders who are on the verge of selling their crypto assets are the same people asking us to HODL. Bitcoin, I believe in you, but, you are not worth your money. You are worth our money, just not this much, and as the environmental implications become more imposing, so will the need for regulation, taxation and audit of miners; so will the need for celebrities to turn our attention to another crypto gimmick; so will the need for other distractions cloud our judgement as those who have pre-mined" spill their guts. Good for them. You got us. Why all this mad nonsense you ask? Because, we are a second away from midnight when it comes to BTC (in particular), and hopefully it stays "your crazy to say that", but am I? are we? Haven't we read all the books, watched all the movies, seen all the news, learned about all the shady after 50 years of declassified documents? Haven't we? "You're a conspirator!" Relax, facts are facts, just like the fact that there are closed "open meetings that happen in Switzerland once a year under a mountain that control the majority of our everyday lives "Haha" You say? One Jeff Bezos will make millions of teens squirm. One Jeff. And this meeting is no Jeff, possibly worst, possibly better, who knows, what we know, is that we're not in the club, because if we were, money would never be an issue. Watch out guys, safe trading. Good luck have fun. Peace.
BShort
by epiclegendaryman
22