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Your upper box is valid, you just need to move it further forward in the time line and we will double bottom to complete the formation of this large descending triangle before we hit that upper target and head back down. People were in denial of the $6K descending triangle too until it finally broke and people are still in denial about it. I have been trading btc for years and back tested so many patterns. The only ones that give you the best trades are descending and ascending triangles on larger time frames. Right now we are forming a beautiful dec triangle with a target of around $1.8-$2K. That target will get hit. From that point we'll just have to wait and see what the players with very deep pockets want to do. If they decide they are not happy with that low and pull the trigger there we are definitely going sub $1K. The market has ZERO control over the price of bitcoin right now. It is just the big players doing what they want at will. You can see the trace they leave in the volume signatures (something they cannot hide). Buy walls on order books are there to deceive and fomo in retail dummies. The hidden dump/sell orders are what big market mover players don't want you to see and shock you with. Right now I don't think we have enough bearish sentiment as longs are still too over leveraged compared to shorts. So there is more downside to go. I don't mind, I'm killing and have a heap of FIAT also on the sideline for when the bottom is in. I'm loving this bear market! It's sort out the real traders from the crypto monkeys who just knew how to press long in 2017 and got rich.
i love you mr. AMD
I love the hopes and die hard faith XRP enthusiasts have and clearly this is an opportunity in which we all must take advantage of now. XRP has come with the aim to revolutionize transfers and put banks out of business and theoretically, the purpose could be achieved in a few years to come but what if not? What if SWIFT lunches a counter product of its own? What if Government regulations tomorrow makes things difficult for XRP? What if the company Ripples is taken out? What if its just a hype after all? I know the believers of xrp are very much convinced about the future of the coin and are even further convinced by influencers on youtube but i can assure you hodling your savings in xrp could be very risky in the future. I am also a lover of the decentralization idea and i totally love XRP and have made an enormous amount of xrp some of which i plunge continually into my real estate business and hodl some. The amazing thing is i didn't get there by buying but grew by trading 50,000 XRP and 4 BTC with Samuel Garcia's trade patterns and signals in a very minimal time. I advice you to hodl all you want but do not accumulate with your hard earned savings but by starting decent and trading to increase your portfolio like i did. I'd also recommend Samuel Garcia(samuelgarcia1481@gmailcom) if you need some guidance and assistance on picking up with this strategy
Thank you AMD♠️
Thanks. Always enjoy your vids. I trade with bitmex…I hope they don’t get shut done, lol….or not so lol.
Best TA guy
Why so many dislikes? You guys are living in la-la-land if you think bitcoin worth 2-3k. Also on fundamental and theoretical point there's bigger chance to go well under 1000 then back to 10k…no technical,just common sense.
Becareful with the traders you meet so called experts traders they should provide a concrete evidence and a transparent proof that they are legit I have tried one and he took my money and never granted my withdrawal request now I tried Mr adnan trading strategies he is 100% real,am forever grateful to him
What other markets or investment are worth while, the stock market is over rated and to risky?
Nice
Thanks a lot. Great analyses. Question, how much attention do you pay to the falling wedge structure?
Everything is posting 1.8 k range bottom….now days ..I thing that will not happen
Thanks for the video and looking forward to tomorrow’s!
Thanks the videos! Could you hit on litecoin once or twice a week. Thanks
You're MORE bearish?! Didn't think that was possible
Thanks for the videos! Great content
Thank you AMD, for your video update. Have a great night.
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Thanks heaps mate looking forward to your ETH vid ??
hi friend…please use a weekly chart…with 180 SMA and 15 EMA…..you will seee is about to cross downward…aother capitulation bput to happend nearby
Third
first!