Cryptoface — Trading Ideas on TradingView

BTC why not pumping?BTC is very bullish on 4hr timeframe at least to give a small swing high but gave only 3% from the last trade we took. i took profits on my small accounts as we are seeing bearish divs on 1hr. so expecting a retracement on these levels. use manageable leverage as we are seeing bear trend on weekly timeframe. more on that later.

BTCUSD: About to commence the final leg?In this video I use indicators to do what they do best - indicate. They don't predict, not do they tell us what to do. Technical analysis is about finding confluence, and heaping confluences together to increase the odds of a particular price action happening. Here I use three indicators - Market Cipher A (Cryptoface - Paid), Bad Ass Bollinger Bands and Phoenix Ascending (WyckoffMode - free). It's not too important to understand how they work or what they're measuring - in this case I'm just pointing out their similarities to the Bull Run in 2017. If you like the content, consider following me. If not, move along, move along.

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Bitcoin immidiate price prediction Bitcoin immidiate price prediction - ft. Market Cipher + taking into consideration moon calendar + classic TA

DEADLY Accurate levels from Monthly log. Spider Lines This chart's support and resistance was inspired by Crypto Face's spider line drawing method, I took candles from the monthly time frame and toggled 'Log' and drew the lines all the way from the first BTC monthly candles. I took every Monthly candle and drew extended rays, first point coming from the top of the first candle low candle of each cycle, second point on the top of nearest ATH at the time. By rinsing and repeating this process through the whole duration of BTC's lows and few ATH candles, this chart was born. You can clearly see that price action reacts very strongly to these levels. You could solely rely on this chart, but it would be best to pair with other TA in my opinion. I have not tested this with other cryptos just yet but I plan to in the near future.

Market Cipher B - Large Consolidation Pattern - 90k-100k soon???When you technically analyze a chart you are analyzing for 3 things: -Support -Resistance -Consolidation Patterns Support & Resistance are meaningless without Consolidation Patterns. If you cannot utilize nor recognize consolidation patterns then knowing the Support & Resistance will not help you to know when to enter a trade. Entering a trade is the key component of trading. Being able to predict price ceilings and price floors is great, but if you never have the an understanding of when to enter a trade then you will never be able to take advantage of the profit that can be made from these price ceilings and floors. This BTC pattern that I have stumbled across via Market Cipher B looks to be a massive Bullish consolidation pattern that could see us moving to 90k/100k in a matter of days or day when the breakout comes. How breakout patterns work is whatever trend has the last word is the direction we will be going. For example, if we have an equilateral triangle and the trend is upwards then that means we will be breaking out in a Bullish trend. With that being said from what I am seeing in the patterns that are being formed in Market Cipher B it looks as if the Bulls will be getting the last word based on the timeline that was set forth. Reasoning behind this idea is that the longest holding patterns tell you the general trend. If you are having higher highs & higher lows then you are in a Bullish Trend, if you are having lower highs and lower lows then you are in a Bearish Trend. As almost all know we are currently in a Bullish Trend overall, but major consolidation patterns can mean major reversals in a pattern or major extensions of a pattern. As you can see in the chart when the money flow is turning green (Buying) it is staying green for a longer average period of time than when red (Selling), Higher highs & Lower lows. The timeline is also leading me to think that the money flow will being reaching its shortest period in the red before the shortest green period, AKA: Picking up more fuel before a big upward run or blowing of some steam before the big upward run. Lastly, the reason why I believe this could be the consolidation period that leads BTC to directly 90k/100k is because of how large the money swings have been. The larger the swings from top to bottom during a consolidation period the larger the breakout move will be. This consolidation period has created about a ~15k-20k gap from top to bottom. Now for those individuals leading this consolidation period (Whales) it would not make sense to pump the price to anything less than double the bottom that they bought at (~42k-43k), which would mean 84k-86k minimum. Now with that being said, a consolidation period works differently for Whales than it does the rest of us. Where we worry about selling low and buying high, AKA: Profit. Whales worry about quantity, so they dump the price all the way down to 42k/43k by pushing the price downward with buy/sell walls as well as selling large amounts quickly which push people to panic sell which then pushes the price down even more without the Whale even needing to do anything. Once the price is down at the floor that the whale wishes to hold it at they begin to buy once again, but this time is lower volume over a longer period of time so that they can grab as much as possible during this period. Once selling volume decreases to a level where the Whale can no longer buy larger amounts this is when the Whale will push the price back up in the same manner as it was pushed down. The Whale will rinse and repeat the process multiple times until they have enough BTC to lead a large BTC pump or dump depending on the money movement direction that will make the Whale the most money. Now, logically speaking in the long term that will always be to end in a Bullish Trend rather than start a huge Bearish Trend. If these Whales hoard wealth in BTC then the ultimate goal would always be to continue the long term upward trajectory of BTCs price. Now the key to the consolidation period of a pump is to take away enough hope from the masses during the dumps that they continue to sell once the Whale has reached the price floor. Now doing this is a fine balance where you cannot make the masses lose all hope or the Whales would end up being left with the bag and no buyers because BTC would be seen as a scam. Now, since Whale manipulation is clear we must realize that the Whale is consolidating as much bitcoin as possible during the period trying to buy as low as possible without fully discouraging the public. This means that if we average where the Whale is currently buying, between 42k & 62k, then we would see that the Whale average buy if he is Dollar Cost Averaged throughout the consolidation period would be ~52k. So if we double 52k we get 104k, hence my conservative prediction of 90k-100k. Hoping to see this patter place out soon, let me know what you think. Also, this is not financial advice it is simply my opinion on the financial climate of BTC at the moment.

Bitcoin chart about to print 6hr dot As stated before the 6 hour dot is extremely bullish and the last time 2 6 hour LARGE GREEN DOTS were printed this close together was after the Bitcoin market bottomed out in MARCH of 2020.. BE AWARE this dot has about 3 1/2 to confirm. IF IT DOES WE HAVE A 90% of COMPLETE MOONAGE!