
concepcion7
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concepcion7

BTCUSD BTCUSDT BTCUSDT Hello, it is me again, I usually post "short" minds but in this case, in a good sunny sunday, I will post an idea to extend a little more about what could happen next:In the chart you can see a symmetrical trinagle. If we extend in the incoming rupture the amplitude of the breakout we have 2 points that are very posible because they fit in theorical basic points:1. We are in the breaking range. As I said repeatly this week, we are supporting on the average of the uptrend big channel. In the next few hours it will break, uptrend or downtrend, it will break HARD.2. If it breaks to the downtrend, we will visiting 24-26k, the bottom line of the uptrend big channel. There, it will stop, YES OR YES, because that down part of the channel is a HUGE support. Also, we have 200 ema @ 1 Day there (white line). I dont know what could happen there, fundamentals will take in action.3. If it breaks to the uptrend, we will be trying to break 30 & 31k (3.1). They are some "hardy" resistances, if the price breaks them with attitude and dont go back fast, we will be visiting 34k. And well, again, it is the upper line of the big uptrend channel.What are my ""odds" in point 2 & 3? Well, I would say 60 % 40%, there are some more odds to try that 30-31-34k. As I said in the point 1, we are supporting (or returning fast to it) on the average of the uptrend big channel (green line). We have 1D MACD in the uptrend cycle and there is no negative fundamentals right now. I will long if we break above 29400 and it doesnt come back in a few hours with a stop loss at aprox 28800. Short? I dont know yet, we should first break 28300 to enter in a serious short position.Than you for listening me :)

concepcion7

BTCUSD$CURRENCYCOM:US500BTCUSDTBTCUSDT.PBIG CHART SIGNAL!Hello, some days ago i posted this:When we nailed the forecast including the stop loss, but, whats next?Now, there is a big big problem (in my inner trading conception). Why? Lets see fundamentals && charting points of view, they are, maybe, contradictory:1. Fundamentals, economics: there is so much confusing data: CPI isnt decreasing, in deed we are maybe fronting a stagflation (a period of time where intitutions cant dicrease the inflation to their target, 2% in our case) but the retailing sells in EEUU have increased above the forecast. Strange, so strange, In my country, Spain, January was a good month in sellings but in February, in the Capital, Madrid, people is stopping the buy fever. Maybe February will be a bad month to EEUU too? All we know is that the FED will increase again interest rates and probably again 0.5%. What do I think? we should front a little recession if retailing dumps in February and maybe we are currently in a distribution.2. The charting data. Well, today I will not drop lines, fibonaccis, rsi, nothing. Only 2 things, we left the 24k resistance and there is nothing between us and 26k+ AND THE BIG THING, you can see in the chart. EMA50 and EMA200 (moving averages of 50 & 200 periods) in time frame of 1 Day is crossing. Take a look whenever it happens and what happens with the asset u are looking... big trend is confirming. ALSO, very **** fucking important, the US500 (SP500) is in the same situation, ema50&ema200 in time frame of 1Day is crossing. *** it, if it is a bull trap it would be a VERY VERY big one. Let's wait and see if they finally intersect.So, whats next? I think SP500 will touch 4300 and BTC will touch 26k due to their momentum but I CAN NOT tell anything more. Two big elements are maybe fighting, maybe we are leaving the 2022 downtrend, or maybe we are in a fomo trap and drop. I have setups that i will share to you if either of the things happens. But first, lets stay calm, maybe charge your spot to your long term trading or open some little positions, do some low timeframes scalping....Thank u for reading me, I really appreciate it :)

concepcion7

BTCUSDBTCUSDT$BINANCE:BTCBUSDPERPAs said before, we touched 0.786 of the 3rd impulse (inner impulse, violet), also, it is the 0.382 of the green impulse, if it is only a little pullback, maybe we revisit top of 1 & 3 (aprox 24k). I think there will be a bigger pullback to around 20700 after the revisiting of tops including a try of 25k. We need to drop to 19k-20k to build up to higher levels. Also, economics, sp500, etc... anottates to a posible 20% drop due to a posible non breakable top at 4190. Ofc BTC would follow that drop. That drop would be the last drop before finishing the economic dropping. So, I am opening a little, very little long position form now to that posible try at 24k with a very little stop loss below the current structure lowest because if it drops below I invalidate the raise and I expect for a direct trip to 20700k.Thank u for reading me and follow me for more ideas, short minds, etc... if u like them :)BTCUSDT BTCUSDT.P BTCUSD update of the proposed trade in this idea. We could leave now with profits with an aprox 2% but we have to try the theorical trade to 23-24k, if I see some hard weakness signals in 1h i move the stop loss to breakeven. Now it is to soon, lets wait. Take a loot at my lastCant edit the last update. I was trying to tell you that you can visit my last Mind on BTCUSDT to see the current trade profit. Thank u for reading me, I really appreciate :)
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