BTCUSD next 24h idea

19 sept 2019

I think that's the path we go the next 24 hours.
The lines I draw are beside classical TA. I try to visualize my investigation (on-chain, the market at all, mass psychology, market makers plans, inside views etc.)
In my past Idea, you see BTC played out like this for the first step. Have to work a little bit on the timing ;-)

Greetz and good trades,
Nose



ps: I post here only my personal opinion, it's not meant as trading advice.

20 sept 2019

Nota

I expected a second move down relatively short after the first. This don't happen. So I am worng with this.
The low was bought up pretty fast - up to the old channel.

So what could be the plan?

I think "someone" wants to buy deep with a smart strategy and the power to trigger this. I also see the Alts going up - but it is not the Start of the ALt-season! (BTC dominance will be bacl soon at around 90%). It belongs to the strategy of this "someone". Bring the average trader to sell their BTC or exchange into the Alts. Then if played out well....sell. So "this someone" makes good win on two sides with the alts (he is in since weeks and very low) and a pretty low entry into BTC for longterm. Smart, long and well prepared this "someone".
Back to BTC:
the fast buyup to old heights calls directly to repeat this again.
(I would do, if I would be this someone)
So I expect a next triggered selloff at again under/around the 10180 level for a strong second move down or as drawn in my other chart in a more silent way next days and over the weekend.
This "someone" smells institutional. They need to make profit coz their main business does not anymore ;)
They create a perfect setup for the next bigger trend and moveup - to achieve maximum Profit.
If you look how the FED has to print $ the last days and today you have maybe an idea whats started at the banking and credit sector. Dont expect that someone there will tell the truth.
Think outside the box and do your own decisions without manipulation and a huge filter bubble.

Best,
Nose