Short
GBTC D1: PATH TO 100%+ gains // Bottoming pattern(NEW)
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-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
GBTC D1: PATH TO 100%+ gains // Bottoming pattern(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses now before reversal later (Q4 2020).
🔸 Summary and potential trade setup
::: GBTC 1day/candle chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: GBTC is close proxy for Bitcoin price
::: chart looks like bottoming pattern
::: in progress. Not IHS / but very close
::: speculative setup. requires confirmation
::: Short-term more losses likely
::: 15-25% downside remains next few weeks
::: no major catalysts for reversal short-term
::: going forward US Election Day may trigger
::: reaction in QQQ/SPY and boost GBTC price as well
::: recommended strategy: BUY LOW later // SWING TRADE
::: This downside in GBTC translates to BTCUSD
::: Cycle low point near 8200-8600 USD
::: SWING traders in BTC should wait for cycle low
::: before buying to BUY/HOLD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BEARS
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
GBTC D1: PATH TO 100%+ gains // Bottoming pattern(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses now before reversal later (Q4 2020).
🔸 Summary and potential trade setup
::: GBTC 1day/candle chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: GBTC is close proxy for Bitcoin price
::: chart looks like bottoming pattern
::: in progress. Not IHS / but very close
::: speculative setup. requires confirmation
::: Short-term more losses likely
::: 15-25% downside remains next few weeks
::: no major catalysts for reversal short-term
::: going forward US Election Day may trigger
::: reaction in QQQ/SPY and boost GBTC price as well
::: recommended strategy: BUY LOW later // SWING TRADE
::: This downside in GBTC translates to BTCUSD
::: Cycle low point near 8200-8600 USD
::: SWING traders in BTC should wait for cycle low
::: before buying to BUY/HOLD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BEARS
taplink.cc/black001
💎Syndicate Black
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t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.