DelusionalRams8

DelusionalRams8

Basically, you will need two key indicators. You can use the indicators that work best for you, but these are the ones that work for me. I will post the names of them in the comments below because I don't remember the names off the top of my head. I know the first one is the Order Block Finder. It's an auto indicator that I think only works in a paid TV...

DelusionalRams8

It's difficult to share my trades here when my bias changes so often. I will wait for BTC to break the trading range before I post again. God bless!

DelusionalRams8

I admit I had a rough day trading. I kept my losses at a minimum, but it's hard to fight my biases. I admit the chart looked bullish today, but it has broken key levels to the downside now. I flipped short again and I remain vigilant.

DelusionalRams8

I finally flip bullish because critical resistances have been broken. Also, BTC is holding well above the daily 0.786 fibonacci level at 69.6k

DelusionalRams8

I may flip bearish again at this level. 7.86 is key resistance. 🔑

DelusionalRams8

I have no words. I am bullish. I can't argue with the bulls anymore.

DelusionalRams8

Things are too overhyped. I'm Flipping bear again. Sub 50k...43k is my target.

DelusionalRams8

This price action makes zero sense, but the stock market and meme stocks are mooning. Also, BTC has broken through strong 64k resistance. It looks like a left translated cycle may become the reality. 140k will be my target for now. God bless you!

DelusionalRams8

This price action makes zero sense, but the stock market and meme stocks are mooning. Also, BTC has broken through strong 64k resistance. It looks like a left translated cycle may become the reality. 140k will be my target for now. God bless you!

DelusionalRams8

I stopped myself out of my longs. Price was rejected at the 65k level and it now hovers below the 63.8k order block level. This level is a key resistance. If price cannot find its way back above the 63.8k level soon it will be confirmed as a rejection. Price target will be 43k. God bless you!

DelusionalRams8

There is strong evidence to suggest the bull market will continue. I have not been feeling well lately so I will do my best to explain. 1. Price has bounced off the bottom moving average of the CT Pi Cycle top indicator. 2. Price has also bounced off the top MA trend line. This trend line is based on the top MA of the CT Pi Cycle Top indicator. This is quite...

DelusionalRams8

This Wyckoff topping/distribution pattern seems to be playing out. If it continues to play out I will ladder shorts until the 43k target gets hit. 43k is a key order block level. 50k may hold, but it's not likely due to everyone calling it the low.

DelusionalRams8

68-70k will be the area I begin to ladder shorts. BTC is looking very head and shoulder/Wyckoff topping action. God bless you -Handy

DelusionalRams8

I took a small loss on my short position and flipped long for a short term bounce. I will be targeting 68-70k. I am still medium term bearish (1 month) and very long term bullish. God bless you and happy Sabbath to those who observe.

DelusionalRams8

Current price action is similar to the 2021 topping action. This could be the first halving event where Bitcoin puts in an early cycle top. This projection is purely hypothetical and I hope I am wrong. However, it is important to understand any type of scenario and how you would trade it. Be blessed! Handy

DelusionalRams8

I decided to make my short target at around 50.8k, and that is where I start laddering longs. *50k area is confluent with the 0.286 Fibonacci area. *50.8k is confluent with a bullish order block on the daily timeframe. If Bitcoin is to remain bullish, it needs to close and remain above this 50k area. If BTC grinds lower than 50k and closes lower, it could...

DelusionalRams8

I'm posting this chart to show the trend is broken.

DelusionalRams8

The uptrend is broken. The price is no longer putting in higher lows. Therefore, I took small profit on my long from yesterday, and I started laddering shorts today. My take profit for shorts will be the weekly Bollinger band mid-line moving average at around 52k for now. God bless! -Handy