Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/k1sPcoE0/
Real Time Update On BTC :
Bitcoin currently bouncing off the support of the triangle.
Closing a 4HR candle above it would be locally bullish.
Real Time Update On BTC :
Bitcoin currently bouncing off the support of the triangle.
Closing a 4HR candle above it would be locally bullish.
Forwarded from Rocket Wallet VIP Updates
#BTC Fractal :
https://www.tradingview.com/x/chQmyB15/
BTC is the perfect example of drawing patterns and making them manipulative with some fake breakouts at the end.
I found this interresting fractal :
https://www.tradingview.com/x/N5RJiiQT/
Early 2021, BTC formed a symetrical triangle, you can see how the fake outs are playing well on this pattern.
Question is why so many fake moves ?
Usually these patterns are easily found on the market, and the mass tends to trade on them placing their stops just above/below the S/R zones of the pattern, which gives liquidity.
Market makers will always seek to hunt this liquidity forming these fake breakouts and pushing people to sell at loss while they're filling their orders.
Note :
Fractals are not a crystal ball, we just use them to compare scenarios from the past and try to adapt them with the current situation.
https://www.tradingview.com/x/chQmyB15/
BTC is the perfect example of drawing patterns and making them manipulative with some fake breakouts at the end.
I found this interresting fractal :
https://www.tradingview.com/x/N5RJiiQT/
Early 2021, BTC formed a symetrical triangle, you can see how the fake outs are playing well on this pattern.
Question is why so many fake moves ?
Usually these patterns are easily found on the market, and the mass tends to trade on them placing their stops just above/below the S/R zones of the pattern, which gives liquidity.
Market makers will always seek to hunt this liquidity forming these fake breakouts and pushing people to sell at loss while they're filling their orders.
Note :
Fractals are not a crystal ball, we just use them to compare scenarios from the past and try to adapt them with the current situation.
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/MyXdi2fc/
BTC :
Don't get fooled by the current price action on lower tf's.
Don't try to catch the exact top/bottom !
Sent this chart to help those who struggle to know where we are and what are the possible next moves.
BTC :
Don't get fooled by the current price action on lower tf's.
Don't try to catch the exact top/bottom !
Sent this chart to help those who struggle to know where we are and what are the possible next moves.
👍1
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/WXsfV8yv/
Crypto Market Cap
The total market cap has formed an ascending triangle ( Bullish Pattern )
It's likely that we break to the upside, however patterns on charts as Bitcoin Dominance or Market Caps are not very relevant and we can confirm them until they play out with a legit move.
Marked the two possible moves as market's still indecisive.
Crypto Market Cap
The total market cap has formed an ascending triangle ( Bullish Pattern )
It's likely that we break to the upside, however patterns on charts as Bitcoin Dominance or Market Caps are not very relevant and we can confirm them until they play out with a legit move.
Marked the two possible moves as market's still indecisive.
Forwarded from VIP Rocket Wallet Signals (Adam | Rocket Wallet (Will never ask you for money or dm you first ))
Market still highly affected by bad news more than good ones !
Quite logic psychologically as the masses got used to make news based decisions since Elon Musk started he's crypto tweets campaign.
Quite logic psychologically as the masses got used to make news based decisions since Elon Musk started he's crypto tweets campaign.
Forwarded from VIP Rocket Wallet Signals (Adam | Rocket Wallet (Will never ask you for money or dm you first ))
Saylor (MicroStrategy CEO ) has bought 400M$ of BTC today, Salvador announced accepting BTC and making it legal without taxes.
Trump just affirmed what he thinks about Bitcoin !
This isn't a bad news at all, but as I said market is very emotive to this kind of news, while the Saylor and Salvador news didn't pushed market higher.
To be honest, I don't trust Saylor as well as Elon, both looking for their own wealth.
Trump just affirmed what he thinks about Bitcoin !
This isn't a bad news at all, but as I said market is very emotive to this kind of news, while the Saylor and Salvador news didn't pushed market higher.
To be honest, I don't trust Saylor as well as Elon, both looking for their own wealth.
Forwarded from CoinSignalAlpha
VIP Member Question :
I would like to know when we say that the whales are accumulating BTC this last week.
Why we didn't see that on the chart.. ? 🤔
Answer..
You will never see whales accumulation on charts even if you follow the OB's (order books) or the 1 second time frame, why ?
Because :
1. Whales don't buy at market price so they don't make a surge in the price when buying
2. Instead they will use iceberg orders or sell walls to fill their orders
3. You have to understand that whales are not X guy coming opening he's charts and dumping the market
4. It's 99% algos built to buy small portions each second until they fill their entire position
Let's take an example of a hedge fund trying to accumulate X coin for it's clients...
1. Hedge fund will buy as much as possible at the lowest price possible using iceberg orders, and placing big buy/sell walls to avoid that price gets pushed higher before they finish their accumulation.
2. This will create a support zone making a liquidity zone below the support as traders will place their stops there.
3. Let's say that the hedge fund wasn't able to fill he's entire clients amounts, on this case they will force price to go down ( Manipulation ) seeking for the liquidity that rests below, which is their own way to fill their orders.
4. Once the liquidity is taken, most of traders out and orders filled they can push price to the upside and FOMO will be in charge of the rest.
Here's an example..
https://www.tradingview.com/x/dNGQp0tt/
To confirm that the move you see here was an accumulation by some big players, we have to push above the blue box, then comeback to test it which means that Whales are closing the initial short sells ( at Breakeven ) they used to manipulate market with .
I would like to know when we say that the whales are accumulating BTC this last week.
Why we didn't see that on the chart.. ? 🤔
Answer..
You will never see whales accumulation on charts even if you follow the OB's (order books) or the 1 second time frame, why ?
Because :
1. Whales don't buy at market price so they don't make a surge in the price when buying
2. Instead they will use iceberg orders or sell walls to fill their orders
3. You have to understand that whales are not X guy coming opening he's charts and dumping the market
4. It's 99% algos built to buy small portions each second until they fill their entire position
Let's take an example of a hedge fund trying to accumulate X coin for it's clients...
1. Hedge fund will buy as much as possible at the lowest price possible using iceberg orders, and placing big buy/sell walls to avoid that price gets pushed higher before they finish their accumulation.
2. This will create a support zone making a liquidity zone below the support as traders will place their stops there.
3. Let's say that the hedge fund wasn't able to fill he's entire clients amounts, on this case they will force price to go down ( Manipulation ) seeking for the liquidity that rests below, which is their own way to fill their orders.
4. Once the liquidity is taken, most of traders out and orders filled they can push price to the upside and FOMO will be in charge of the rest.
Here's an example..
https://www.tradingview.com/x/dNGQp0tt/
To confirm that the move you see here was an accumulation by some big players, we have to push above the blue box, then comeback to test it which means that Whales are closing the initial short sells ( at Breakeven ) they used to manipulate market with .
Forwarded from CoinSignalAlpha
VIP Member Question :
Do you think risking around 5% of a small portfolio to catch dips around these times is bad trading? I understand that the market is currently unpredictable and volatile.
Answer..
If you risk always 5% or less per trade and stick to your stop loss plan, even if you will not win during indecisive moments, you will still be able to survive and learn a lot which is the main goal when you start trading ( I suggest only 2.5% so you get more free space to learn without getting affected by losses )
Stop loss plan lil explanation :
With all the trades I did on this space I noticed that usually stops will be between 5 to 30% in spot and between 20 to 60% in futures trading, for a low/medium risk trader ! ( Never base yourself on arbitrary numbers btw )
So if you use 5% you will get out with 1.5% maxin spot and 3% max in futures on the worst cases.
That's why you have to stick to your stop loss plan to avoid turning small losses into big ones.
Do you think risking around 5% of a small portfolio to catch dips around these times is bad trading? I understand that the market is currently unpredictable and volatile.
Answer..
If you risk always 5% or less per trade and stick to your stop loss plan, even if you will not win during indecisive moments, you will still be able to survive and learn a lot which is the main goal when you start trading ( I suggest only 2.5% so you get more free space to learn without getting affected by losses )
Stop loss plan lil explanation :
With all the trades I did on this space I noticed that usually stops will be between 5 to 30% in spot and between 20 to 60% in futures trading, for a low/medium risk trader ! ( Never base yourself on arbitrary numbers btw )
So if you use 5% you will get out with 1.5% maxin spot and 3% max in futures on the worst cases.
That's why you have to stick to your stop loss plan to avoid turning small losses into big ones.
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/mrDyydV7/
#BTC Ultra Short Term Update :
This is just to show you how the P.A is or may develop in the next hours.
If it goes like that daily candle will close bullish.
#BTC Ultra Short Term Update :
This is just to show you how the P.A is or may develop in the next hours.
If it goes like that daily candle will close bullish.
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/AcWlxgPY/
#BTC Dominance
Bottom is clear on the dominance chart which means that you have to decrease a lot your ALTS exposure at least until 48-52% level, and see what happens there before taking any decision.
Keep in your mind that only sideways or slow up will help ALTS to pump, a big move from BTC in either side will make them bleed more.
Solet's resume it, dominance pushing up with a clear breakout, higher low and bottom, target is around 50%..
Question is are we going to see a big move in BTC ?
I'd say it's very likely if we follow all what dominance chart's saying.
#BTC Dominance
Bottom is clear on the dominance chart which means that you have to decrease a lot your ALTS exposure at least until 48-52% level, and see what happens there before taking any decision.
Keep in your mind that only sideways or slow up will help ALTS to pump, a big move from BTC in either side will make them bleed more.
Solet's resume it, dominance pushing up with a clear breakout, higher low and bottom, target is around 50%..
Question is are we going to see a big move in BTC ?
I'd say it's very likely if we follow all what dominance chart's saying.
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/dSaPouCs/
Two days chart on Bitcoin ! Not bad at all !
Except the wicks below the trendline support that have been bought really well, structure is bullish on the macro view.
Bears territory below the blue box ( 29k )
Two days chart on Bitcoin ! Not bad at all !
Except the wicks below the trendline support that have been bought really well, structure is bullish on the macro view.
Bears territory below the blue box ( 29k )
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/aYUQZs8W/
BTC Update :
Bullish 12hr/daily close above the POC and also the mid range which is around 38000$.
We can see a dip to retest this mid range but for now a move into range high is more likely..
BTC Update :
Bullish 12hr/daily close above the POC and also the mid range which is around 38000$.
We can see a dip to retest this mid range but for now a move into range high is more likely..
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/HUXbdUAv/
#BTC Death Cross
What is a death cross ?
The death cross is a pattern indicating the potential for a major sell-off. The death cross appears on a chart when a short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
Source : Investopedia
First thing I want to mention is that death cross is just a signal from many that market gives, it's not a crystal ball or a 100% accurate signal.
The death cross is also a laggy signal which means that you will be able to see it on the chart after the real dump comes ( if it comes of course ).
Let's get to the past :
- https://www.tradingview.com/x/FTD1WecI/ ( September 2011 )
Comment : First death cross in bitcoin history.
- https://www.tradingview.com/x/xRoRuuHo/ ( April - August 2014 )
Comment : You can see here how inaccurate the death cross was, mainly due to the two years of bull market we had before. This was making the moving averages approaching, so at the first dips we started to get the death cross came but with no effect. A clear sig that market circumstances are more important than the signal itself.
Second death cross was a success but you can see how tricky the road was and how long it took to get a 70% correction.
- https://www.tradingview.com/x/Lo4ERZ2P/ ( April 2018 )
Comment : Almost same as the Aug 2014 death cross ! What we can take as a good signal here is that after the death cross came shorting the EMA200 failed rallies was the most profitable play, compared to just selling and waiting for a 70% drop to come.
- https://www.tradingview.com/x/sNLVlAV1/ ( Nov 19 - March 20 )
Comment : We can now conclude that the death cross has no impact on a ranging environment and it's the area where it becomes the most inaccurate giving some fake signals.
Conclusion :
Death cross helps more after it occurs to show you the trend and help you to sell at some precise points.
There's a lot of informations to watch before making a judgment on a death cross like the market structure / important support levels etc..
And you have to take it as a warning more than a confirmation signal.
Note : Current death cross is likely to happen in the next days, to give it more fuel we have to loose 33-30k on BTC and the EMA50 on the weekly chart which is currently showing a big support for the price.
#BTC Death Cross
What is a death cross ?
The death cross is a pattern indicating the potential for a major sell-off. The death cross appears on a chart when a short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
Source : Investopedia
First thing I want to mention is that death cross is just a signal from many that market gives, it's not a crystal ball or a 100% accurate signal.
The death cross is also a laggy signal which means that you will be able to see it on the chart after the real dump comes ( if it comes of course ).
Let's get to the past :
- https://www.tradingview.com/x/FTD1WecI/ ( September 2011 )
Comment : First death cross in bitcoin history.
- https://www.tradingview.com/x/xRoRuuHo/ ( April - August 2014 )
Comment : You can see here how inaccurate the death cross was, mainly due to the two years of bull market we had before. This was making the moving averages approaching, so at the first dips we started to get the death cross came but with no effect. A clear sig that market circumstances are more important than the signal itself.
Second death cross was a success but you can see how tricky the road was and how long it took to get a 70% correction.
- https://www.tradingview.com/x/Lo4ERZ2P/ ( April 2018 )
Comment : Almost same as the Aug 2014 death cross ! What we can take as a good signal here is that after the death cross came shorting the EMA200 failed rallies was the most profitable play, compared to just selling and waiting for a 70% drop to come.
- https://www.tradingview.com/x/sNLVlAV1/ ( Nov 19 - March 20 )
Comment : We can now conclude that the death cross has no impact on a ranging environment and it's the area where it becomes the most inaccurate giving some fake signals.
Conclusion :
Death cross helps more after it occurs to show you the trend and help you to sell at some precise points.
There's a lot of informations to watch before making a judgment on a death cross like the market structure / important support levels etc..
And you have to take it as a warning more than a confirmation signal.
Note : Current death cross is likely to happen in the next days, to give it more fuel we have to loose 33-30k on BTC and the EMA50 on the weekly chart which is currently showing a big support for the price.
Rocket Wallet Signals
Rocket Wallet April2021.pdf
Rocket Wallet May 2021.pdf
990.7 KB
May Results Sheet ‼️
Did we just experience the worst month in the History of Rocket Wallet Signals?
Yes!
Are we hiding it?
No!
We added more details to our monthly reports instead 👍
As always: Full transparency.
Did we just experience the worst month in the History of Rocket Wallet Signals?
Yes!
Are we hiding it?
No!
We added more details to our monthly reports instead 👍
As always: Full transparency.
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/nHCHUanr/
Big View Update :
Nothing is lost yet for Bitcoin !
Updated the volume profile so you can see that the new invalidation zone is below 31000$, a daily close below it would be one of the clearest confirmations you can have.
Death cross is here and as I said before it's a lagging indicator that you can't follow to enter in a short, however it helps a lot to identify the key resistance before we turn bullish again !
Glad that we jumped into full USDT around 39k, avoiding this dump especially in ALTS where it was harder.
It can be the end of all these dumps and the beginning of a new accumulation, next days will show the way..
Big View Update :
Nothing is lost yet for Bitcoin !
Updated the volume profile so you can see that the new invalidation zone is below 31000$, a daily close below it would be one of the clearest confirmations you can have.
Death cross is here and as I said before it's a lagging indicator that you can't follow to enter in a short, however it helps a lot to identify the key resistance before we turn bullish again !
Glad that we jumped into full USDT around 39k, avoiding this dump especially in ALTS where it was harder.
It can be the end of all these dumps and the beginning of a new accumulation, next days will show the way..
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Yesterday's Scalping Session On VIP 👀
Forwarded from Rocket Wallet VIP Updates
https://www.tradingview.com/x/x5LLRx9v/
Bitcoin actually showing a reversal pattern on the low tf's !
Breaking it to the upside will give some breath to the bulls for Sunday.
Curious to see how this pattern will play out, not taking any position now.
Bitcoin actually showing a reversal pattern on the low tf's !
Breaking it to the upside will give some breath to the bulls for Sunday.
Curious to see how this pattern will play out, not taking any position now.