All these positions and analyzes (trading ideas) are here under this trading idea.
Hello dear friends.
First, I would like to congratulate again those who follow my trading ideas, my recommendations, and make money with me.
According to my private trading ideas (6/6), we select all possible profits. (2 open trades/2 this week - worked as needed - so far at 95%)
Now about the analysis of the situation.
Dear traders, look, I am describing to you what I expect:
At this time, trading will continue in this ascending channel, from level to level (private trading idea, below)
The price will be driven up, and a false breakout will go beyond the border of the global triangle - where most traders will fall into the bear trap.
From the values - 38500-39000, I expect a strong decline in the price to such levels as 30000-29000-28500. (liquidation of long positions, before continuing growth)
and from there, I expect a quick purchase of the price.
Now I don't know where someone sees the head and shoulders here - but personally I see - only an ascending channel, after breaking through the boundaries of which, the price will be directed to such values as:
New target for the next 3 trading days (01/18/2021 - 01/21/2021) To one of these boundaries, within 3 days, the price will be displayed
✅ Top - 40350
✅ Bottom - 33150
The data is relevant for the next 2 trading days.
Also, the bitcoin price margin has decreased, which indicates a strong momentum. not less than 4000 points. (Not one candle, of course - but at least 6-12 hours TF)
The market maker level - according to my indicator - is narrowing, here even without the indicator you can see how the price is brought to the end of the "symmetric triangle"
Most of them see a long position, while I, on the contrary, expect a false breakout, and the price hikes down.
We'll see.