ACEACEACE BTCISD BITCOIN BIG BEAR TRAP. HIGH + LOW T.F FOR 2DAY
Hey everyone, WOW I CALLED THAT PERFECTLY AGAIN! Now, let’s get to work again:
LARGE TIME FRAME (4HR GANN FAN CHART):
The price is to the right of the red 2/1 from the pivot low of 6500 = BEARISH.
Longing below this red 2/1 is a SUICIDE MISSION.
Closest 4hr chart support is at 7094
Break below 7094 = 7064-7013
The red 2/1 FROM THE PIVOT HIGH of 7200 (circled in green) is likely to become a BOUNCE ZONE.
As I have been saying: 7232 IS A HEAVY CHOP ZONE. ALL TRADES MUST BE TREATED AS 1 MINUTE (OR LOWER T.F) SCALP TRADES. HOLDING TRADES HERE IS TOUGH. TAKE YOUR PROFIT AS YOU SEE IT!
KEY TO WATCH FOR: The price is slowly moving to the right of the Gann Fan. If it falls off of the Gann fan’s 8/1 line, it may make a new pivot, from which we can start a new fan, that could produce a new MOVE UP towards 7900+
UNTIL THE PRICE AT LEAST FALLS OFF OF THE GANN FAN'S 8/1 LINE - IT MAKES - SENSE TO TAKE ANY LONG TRADES. UNTIL THAT POINT, LONGING IS A SUICIDE MISSION. ONCE THE PRICE NEARS THE 8/1 LINE, WE CAN BEGIN TO CONSIDER LONG TRADES. What did I say? CONSIDER. Key word: CONSIDER (because there is a chance that the price will DUMP to a new pivot low - we have to wait and evaluate the situation once the price nears the 8/1 line)
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Lower T.F move (for 1 minute chart scalp trades)
This is for 1 minute chart scalps:
Today:
Support established at 7240 = long
Support of 7172 broken = short
Today's daily range = 7240-7172 (Chop Zone)
PLEASE SEE 1 MINUTE SCALP CHART S/R POINTS
1 MINUTE SCALP SHORT TRADES ARE THE BEST TRADES TO TAKE IN THIS MARKET!
- BTW: THE ACE PRO SHORT INDICATOR HAS BEEN ON FIRE!!!!!!!!!!!!!!!!!!!!!!!!!!!!! (SEE THE ACE PRO SHORT INDICATOR CHART I HAVE ATTACHED)
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Super Large Timeframe:
Please take a look at my previous published idea. It is likely that BTC will follow a fractal that I have obtained through use of my unique S/R system. I believe it is likely for BTC to go down to the 6k region, perhaps a double bottom , but more likely a higher low, and then continue upwards to the 9000-9900's. A higher low in the 6k's before a move up to 9k's would be bearish in my opinion.
Why?
Whenever the price falls below the Blue 1/1 of the Gann Fan from the pivot low, it is less bullish . Once it is below the red 2/1 of the Gann Fan , longs are extremely risky.
If the price were to make a higher low in the 6k's, it would be below the blue 1/1 of the current pivot low at 6524ish.
Here is a recap of my previous idea:
"I use a lot of numerology in my technical analysis . I use a unique S/R system, which leads me to believe BTC will dip back down to the 6k region before a potential move up to 9k. If you look at the chart in which I have included the fractal moving up to 9K, compare it to the pattern from May 2018 which I have circled on the left. Ignore the price, but pay attention to the S/R levels crossed. This fractal is currently playing out on the lower TF." + I BELIEVE THAT ALL PRICE ACTION IN THE HISTORY OF BTC THAT IS ABOVE 10500 IS JUST NOISE AND SHOULD BE IGNORED!!!!!!!!!!!!!!!!!
PLEASE NOTE: DECEMBER 9TH IS A VERY IMPORTANT DAY FOR BTC . THERE IS A VERY BIG MOVE THAT IS GOING TO TAKE PLACE ON THE DATE OF OR AROUND THE DATE OF DECEMBER 7TH 2019.
_____________________________________________________________________________________________
Ace Pro Short Indicator
I have also launched my Ace Pro Short Indicator + Ace Pro Long Indicator (viewable on my Published Scripts page).
Thank you
Ace
LARGE TIME FRAME (4HR GANN FAN CHART):
The price is to the right of the red 2/1 from the pivot low of 6500 = BEARISH.
Longing below this red 2/1 is a SUICIDE MISSION.
Closest 4hr chart support is at 7094
Break below 7094 = 7064-7013
The red 2/1 FROM THE PIVOT HIGH of 7200 (circled in green) is likely to become a BOUNCE ZONE.
As I have been saying: 7232 IS A HEAVY CHOP ZONE. ALL TRADES MUST BE TREATED AS 1 MINUTE (OR LOWER T.F) SCALP TRADES. HOLDING TRADES HERE IS TOUGH. TAKE YOUR PROFIT AS YOU SEE IT!
KEY TO WATCH FOR: The price is slowly moving to the right of the Gann Fan. If it falls off of the Gann fan’s 8/1 line, it may make a new pivot, from which we can start a new fan, that could produce a new MOVE UP towards 7900+
UNTIL THE PRICE AT LEAST FALLS OFF OF THE GANN FAN'S 8/1 LINE - IT MAKES - SENSE TO TAKE ANY LONG TRADES. UNTIL THAT POINT, LONGING IS A SUICIDE MISSION. ONCE THE PRICE NEARS THE 8/1 LINE, WE CAN BEGIN TO CONSIDER LONG TRADES. What did I say? CONSIDER. Key word: CONSIDER (because there is a chance that the price will DUMP to a new pivot low - we have to wait and evaluate the situation once the price nears the 8/1 line)
_____________________________________________________________________________________________
Lower T.F move (for 1 minute chart scalp trades)
This is for 1 minute chart scalps:
Today:
Support established at 7240 = long
Support of 7172 broken = short
Today's daily range = 7240-7172 (Chop Zone)
PLEASE SEE 1 MINUTE SCALP CHART S/R POINTS
1 MINUTE SCALP SHORT TRADES ARE THE BEST TRADES TO TAKE IN THIS MARKET!
- BTW: THE ACE PRO SHORT INDICATOR HAS BEEN ON FIRE!!!!!!!!!!!!!!!!!!!!!!!!!!!!! (SEE THE ACE PRO SHORT INDICATOR CHART I HAVE ATTACHED)
_____________________________________________________________________________________________
Super Large Timeframe:
Please take a look at my previous published idea. It is likely that BTC will follow a fractal that I have obtained through use of my unique S/R system. I believe it is likely for BTC to go down to the 6k region, perhaps a double bottom , but more likely a higher low, and then continue upwards to the 9000-9900's. A higher low in the 6k's before a move up to 9k's would be bearish in my opinion.
Why?
Whenever the price falls below the Blue 1/1 of the Gann Fan from the pivot low, it is less bullish . Once it is below the red 2/1 of the Gann Fan , longs are extremely risky.
If the price were to make a higher low in the 6k's, it would be below the blue 1/1 of the current pivot low at 6524ish.
Here is a recap of my previous idea:
"I use a lot of numerology in my technical analysis . I use a unique S/R system, which leads me to believe BTC will dip back down to the 6k region before a potential move up to 9k. If you look at the chart in which I have included the fractal moving up to 9K, compare it to the pattern from May 2018 which I have circled on the left. Ignore the price, but pay attention to the S/R levels crossed. This fractal is currently playing out on the lower TF." + I BELIEVE THAT ALL PRICE ACTION IN THE HISTORY OF BTC THAT IS ABOVE 10500 IS JUST NOISE AND SHOULD BE IGNORED!!!!!!!!!!!!!!!!!
PLEASE NOTE: DECEMBER 9TH IS A VERY IMPORTANT DAY FOR BTC . THERE IS A VERY BIG MOVE THAT IS GOING TO TAKE PLACE ON THE DATE OF OR AROUND THE DATE OF DECEMBER 7TH 2019.
_____________________________________________________________________________________________
Ace Pro Short Indicator
I have also launched my Ace Pro Short Indicator + Ace Pro Long Indicator (viewable on my Published Scripts page).
Thank you
Ace
Nota
TITLE: BTCUSD
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.