[Read me]

This is not financial/investment advice.

In this video, I offer a technical analysis of Bitcoin (BTC) using price action and some technical indicators.

This video focuses on the areas of liquidity that price will be attracted to as it inches its way up towards the macro downtrend resistance line. The monthly close is also discussed.

Liquidity pools explained:

My free TA Telegram: https://t.co/gCiaQeTsVa

Twitter: https://twitter.com/cryptocred

source

35 COMMENTS

  1. With out a doubt you are easy in the top 3 peeps to be listening too right now. PA and target zones should be the first thing people learn before going nuts deep in TA and chart patterns. Good job and please keep it coming 🙂

  2. Straight fire Cred, you and Trade Devil one on one fight to the death would be the most epic match crypto has ever seen. Sensible Englishman Logic vs Charismatic American, what’s not to love!

  3. Probably commissions or timing to enter to test. It is only my opinion (system to test) not a financial service.

    Actually in the test phase.

    Source Tradingview data on coinbase and bitfinex data on 13/02/2018 from 21:15 to 21:25 italian hours

    Bitfinex BTC / EUR 6971 Coinbase BTC / EUR 7025

    1.Buy BTC on Bitfinex Bitfinex
    BCH / BTC 0.1425 Coinbase BCH / BTC 0.14

    2. Transfer bitcoin on coinbase and buy BCH
    3. Transfer BCH on bitfinex and buy Bitcoin

    4 and 5 continue the process at infinity
    4. transfer bitcoin from bitfinex on coinbase and change to BCH
    5. transfer BCH from coinbase bitfinex and bitfinex change in bitcoin and so to infinity
    Test commissions on coinbase: Buy with "Limit" order and sale with "Limit" order zero commissions. The commissions on bitfinex and the timing of the transfer of cryptocurrencies which, with the new implementations, should be destined to be reduced remain to be tested.

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