XBTrade

04 May 2020 18:28

Follow: @Bitmextreme

It is a friend's channel that can help you with BTCUSD, since I am absent from the market.

XBTrade

05 Mar 2020 15:04

It is a classic setup, there is no need to complicate what is simple. In my view, a great opportunity.

XBTrade

05 Mar 2020 14:17

🔔[@XBTRADE CALL]🔔

Capital exposure: 10% of your balance
Leverage: 20x

[LONG]
ENTRY POINT: <$9090
STOP-LOSS: $8904
EXIT TARGET: $9550

[Risk:Reward 1/2,42]
Projected net profit: 10,12%
Projected stop-loss: -4,18%

XBTrade

24 Jan 2020 15:20

About the trades so far sent on this channel, the results are:

1st call: 0%
2nd call: +14%
3rd call: -4%

XBTrade

20 Jan 2020 13:25

So folks. It seems that I missed the timing on this call, the reading was good, but I could have waited longer. The price reached close to $9200 and the dump came as strong as I expected, but I had already been stopped in this trade.

It is part of the game, waiting for some new entry with a good R:R.

XBTrade

17 Jan 2020 14:32

Filled the entry again.

For now that's it, I'll bring updates if necessary.

XBTrade

17 Jan 2020 14:00

There are also divergences in OBV and in addition to the PINBAR in H1 chart, there is also a PINBAR in H4 with the entry already validated.

These are basically the motivations for entering SHORT, as you can see in the charts above!

I am open for discussions at the CHAT @XBTalks.

XBTrade

17 Jan 2020 13:43

[XBTUSD 4H CHART]

A clear bearish divergence between the last two tops.

XBTrade

14 Jan 2020 13:33

Great move as expected, the 4H candle closed showing a lot of strength. I will look for a possible entry in LONG.

XBTrade

13 Jan 2020 17:21

To be clear, I drew red bands that are my points of interest.

XBTrade

13 Jan 2020 17:17

I will be looking for an entry in SHORT if the price consistently breakdown the yellow range. In this case I could enter at the pullback or watching some interesting "live" pattern.

XBTrade

13 Jan 2020 17:11

To be more objective, it was very unlikely that the price would break above the channel resistance on the first attempt of the current movement. A consolidation above the yellow band would be perfect for taking a breath for a consistent pull.

XBTrade

13 Jan 2020 17:02

Do you remember this descending channel, right? As you can see we are at a very important moment re-testing the channel resistance line, the IH&S can support a breakout attempt.

XBTrade

13 Jan 2020 16:55

[XBTUSD 1D CHART]

We recently had a formation of an Inverse H&S reversal pattern, the break up at the neckline was quite consistent, with large candles accompanied by good volume. Then the price made an almost perfect pullback on the neckline, where there was the possibility of making a very well planned and low risk entry.

XBTrade

10 Jan 2020 00:48

Ok guys, I apologize for the absence, I decided to stretch my mini vacation a bit, but in the next week full focus on the market again! Always try to have a few moments to relax and forget everything about the market for a few days, it is very important to maintain the psychological balance for those who trade daily in a market that is always under stress/pressure.

XBTrade

07 Mar 2020 04:39

No changes. Still waiting for the upward move.

XBTrade

05 Mar 2020 15:00

Of course, we were in a lateral consolidation.

This breakout is very interesting for bulls, a large candle with a satisfactory volume. MACD & RSI confirming the upward expectation, both in an uptrend and now on the bullish side.

XBTrade

29 Jan 2020 13:17

Hello guys, I apologize for the extended absence. I am solving some personal issues and that is why I am not able to give so much attention to the market.

XBTrade

24 Jan 2020 15:17

Hi guys, there weren't many comments to make in the last few days.

My last trade suffered a stophunt, I probably anticipated the entry by $100 or so. Right after that the price started to fall as I expected and a few hours ago it would have perfectly reached the target I set.

I get that bitter taste of having "lost" a beautiful trade, but our life is like that, full of losses and gains, where the important thing is to close the balance in the positive at the end of each year.

I am still looking for a new entry, I will bring updates soon.

XBTrade

19 Jan 2020 03:21

Stop-loss hit.

3.92% loss.

XBTrade

17 Jan 2020 14:03

Those who were quick to send orders already have this trade active. You can continue to leave your SELL orders at the entry price at $8848.

XBTrade

17 Jan 2020 13:44

[XBTUSD 1H CHART]

Also a strong bear div.

XBTrade

17 Jan 2020 13:33

🔔[@XBTRADE CALL]🔔

Capital exposure: 10% of your balance
Leverage: 20x

[SHORT]
ENTRY POINT: $8848
STOP-LOSS: $9025
EXIT TARGET: $8292

[Risk:Reward 1/3,20]
Projected net profit: 12,57%
Projected stop-loss: -3,92%

XBTrade

13 Jan 2020 17:23

As you may already know, my style is swing trade, so I don't even look at charts below 4H because they don't help me at all. Now that I have these zones mapped out, just wait and see how the price will react next to them.

If necessary I will bring updates based on price action.

If you want to chat with me, just join my chat > @XBTalks

XBTrade

13 Jan 2020 17:19

I will be looking for entry to LONG on two occasions:

1 - If the price goes back to the yellow band and leaves a short term reversal pattern, indicating a possible rise.

2 - If the price can consistently breakup the resistance of the descending channel.

XBTrade

13 Jan 2020 17:13

In technical analysis we do not predict movements, we work according to probabilities and need to be prepared for any kind of situation. My biggest expectation is for a break up, but if that doesn't happen, I already have a trade idea ready to take action.

XBTrade

13 Jan 2020 17:09

Looking more closely, we can see that we are in a consolidation zone, squeezed between the yellow band and the green band.

In yellow we have an important support, which previously was very strong resistance and also the neckline of IH&S. As long as we are above this yellow band, I still believe in an attempt to break up the channel.

According to the basic principles of technical analysis, a consolidation below a resistance or trend line is a signal of strength and the expectation is of continuation in the previous trend.

XBTrade

13 Jan 2020 16:56

It is not a perfect IH&S, but it has a satisfactory structure to be considered a reversal pattern.

XBTrade

13 Jan 2020 16:45

I will bring you some brief updates on market movements over the last 20 days.

XBTrade

02 Jan 2020 20:23

I'll be back to the market next week. See you soon!