Bitcoin
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Bitcoin setup I have on 4HR. Should trigger today Sunday.

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https://www.tradingview.com/x/Ho1RRKNl/

This is a trade in Bitcoin which could be the one trade of the year trade. Not much time to write about it now as I think its about to trigger along with the lower time frame. Details on chart.

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Getting a good run at the moment in the LONG direction where we want Crypto to go.
This current trade is from a 30m and 1hr chart, but the same setup is lining up soon on the 4hr chart. I believe this will be the big move forward as the same setup will lineup, with a bit of luck, on the daily, which will be enough momentum to send price back to test the real resistance and break through this next time.
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2HR Chart SL: 68261
Buy current price up to 68.500
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Momentum to the upside is defintely building.
The last trade should take off because price had just fallen out of a falling wedge on 15m chart which is normally a strong Long trade.
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Buy the break. above 68690 Breakout run.
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This is the big breakout now imho.
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ảnh chụp nhanh
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In good setup alignment for higher price are the timeframes 1hr, 2hr, 3hr & 4hr which is excellent.
The very low timeframes from 15m and below need a little adjusting before price runs again.
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Bitcoin is entering a breakout phase now that the lower timeframe is tidy
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Thisi is FIB level retracement Buying. At 38.2% the last buy zone before price moves up.
Ghi chú
A shame that volume is so light on the weekend. But a 5m rocket is setting up.
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ảnh chụp nhanh
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Despite the sluggish volume, the V may just arrive at the time of Confluence when everything pans together.
Here is my setup again. Main thing to trigger this is a crossing of the RSI above 30 on a 4HR Chart. The Stochastic's Blue K Line is the same trigger probably more accurarte than RSI, it needs to cross the 20 zone. This setup is with the trend so we are not going against the grain as such. Good luck. Usually a Tight Stop can be used because momentum starts to form upwards but generally put it under a swing low. But drop to a lower timeframe for Stop Loss swing-low like the 15M is usually best.
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14,1,2 is the most precise Stochastic setting. But 14, 3, 5 is smoother and easier to follow.
RSI can be changed from 14 to 5.
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Price is contained and slowly drifting lower in a 4HR falling wedge. We need price to exit this wedge and form up on its own. Watch for this exiting of the Wedge on the 4HR. It will be a good signal.
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Sorry the falling wedge price is moving inside of relates to 1hr, 30m, 15m chart NOT the 4HR. This is good but still better when price exits the falling wedge because its normally a bullish reaction and bullish turn of direction.
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1 last thing before I take a rest.
You can monitor this same setup on the 15m, 30m, 60m & 2hr timeframes. The 15m would get you in the trade earliest, but if you buy into the wrong 15m then price will reverse on you. That's why the highertimeframes, (4hr, daily, weekly for the biggest moves but hardest to time entry-hint switch to lower tf.) despite getting in later give less false positives and much greater success on this type of pullback/reversal setup.
Price is above the 200ema on Daily chart, so its with trend. The one issue I have is the limited volume today but as this trade triggers on the 4hr I expect volume to enter the trade, because everybody loves a good pullback trade.
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1M timeframe squeeze and price moving down for a move up. let's see how that goes.
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Price has finally fallen-out of the very low timeframe falling wedge. Expect a move back up now for ground that was lost and see if a bigger move occurs.
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Price has fallen out of the contraction zone which has caused a breakout to downside. But I expect price to bounce off 67,620 to 67,700.
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Buy the break above 68115
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stop. 67970
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With the abscence of volume, the mongrel market makers are stop-hunting on every occasion. I don't normally trade weekends, only this one because I thought it was pivotal for bitcoin and I did not want to miss the right entry. But these grubs running the show have made life difficult for traders today. I will try again when the big money is on our side and the grubs can't manipulate stops.
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Price visited the bottom of the 1hr wedge. Looks to be moving up now.
Sorry, Im not providing a stop loss.
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Here is what I said 1 hour ago:
"Price has fallen out of the contraction zone which has caused a breakout to downside. But I expect price to bounce off 67,620 to 67,700."
This is what occurred.
Price has finally bounced upwards.
1 hour ago
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A move up here on the 3m timeframe. With a bit of luck a setup for the 1hr is coming up. I have lost confidence however, in the absence of volume and no institutions trading.
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Current trade is by technical_analystZAR. He sent a message to me saying price would turnarund at 68,69K and he got it right on the money. Plus I think he timed the 1hr setup at this price. Well done Zar.
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Breaking out further past 68700. Less resistance past this level.
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Hey shout -out to ZAR The Technical Analysis.
Well he is that, he sent me a message on tradingview.com saying that Bitcoin would turnaround at 68/69k. He gave himself a wide stop loss of 1k Zar,
by the way, this next chart where it certainly does appear that price is falling, it is actually what we traders call a Fib retracment level usually and preferred to retrace to the golden-zone , which is between 50% and 38.2%. Once the retracing price reaches 38.2% or even down to 35% often, you could ask for a scollarship with them.
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Yes so then price turns-around very abruptly and fast. Then the years just disappear and you keep going until those lies we tell ourselves finally shows on shore.
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BUY BITCOIN AT MARKET NOW
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So join me in about another 12 hours from now and we will trade this setup hopefully with some volume. You could see that the setups were triggering because price was leading upwards but momentum upwards could not be sustained in the absence of volume. If you are NOT long in BTCUSD I would consider buying a longer term small contract even 0.01 which is still very good profit if you keep it and sell at the end of January 25. It's loose advice, but I would not bother with a stop loss for 0.01, but that is mostly because I see the Bitcoin price going upwards over the next day or 2.
Until then, take care, Chris
(easy_explosive_trader)
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