the weekly and month look suspicious. i will be watching this on the daily timeframse over the coming days for the dollar. personally i dont believe for a that this rally is legitimate and sustainable for future prospects (given the nature of the real world and its current year assessment) Trading Disclaimer: All trades and ideas posted from this account,...
friend of mine sent me this idea (redone in my styling) about the cuphandles. this is it taken to a larger timescale and with profit taking levels; which after sharing, he was in agreement with. his channel : www.tradingview.com note: the green line is just indicative of the overall price trend if this comes to pass on ALGO 's breakout
There is also this on my mind. fairly straightforward and speculative. if not .29 then .25? if not .25 then .11? it's of those... this chart came forward out of: "imagine getting robbed for $40 and the guy only wants quarters, and insists on them." being a concept for a stop loss.
i am suggestive of the idea to catalogue the recent spike in short accumulation side by side with the direction of shifting prices on the same timescale. larger timescales only concern me here as truthful exits of short positions etc. expectant outcome moving forward is to see price action drip to the downside the more the shorts chart curves as well: if it...
caught a opportunity for either long or short depending on breakdown. if it breakout of 40k, we are currently waiting the backtest. othrewise the next entry will be at the following backtest to 40k as support (reenter that or the dip to reach current levels as a shakeout) be very very very mindful of buyer/seller psychology at this current time: so much elong,...
XDC to XRP trading pair (not on the chart's exchange, dyor on where to get trading pairs, be safe out there) i am engaged in a xdc position, whcih i may now choose to unload in favor of grabbing more xrp at a current usdt equivalent that is cheap for me; the overall goal is increasing xrp and possibly buying back 1:1 position size for xdc at a cheaper retrace...
On bitcoin's 4hr, i am noticing some exhaustion and wanted to keep tabs on this specific retracte level to .5 fib depending on where this consolidates will determine my position entries on certain assets. XDC pumped up nicely to more profit taking levels since last posting.
this is going up on another monitor. todays fed announcemnt and overall market reaction was a joke... this is suggested radar for traditional markets / market participant. Gregory Mannarino style
4hr candle stick bearish engulfing analysis: fundamental gut feeling that this is an epic shakeout. how brutal it will get is beyond my experience level, but the recovery hopium is there, and people are eager to flip the deathcross into a fakeout as well. catalysts: ever expanding btcusd bitfinex shorts (see previous published ideas to see whta my hourly outlook...
current outlook is net short, expected resistance at 42k and rejection subsequent, or contnued breakdown to monday; possible fakeout on the supply line. confident in 42k eom , no confident in a hold, confident fall / ladder down to 20k levels, skeptical if sooner than later. all posts will be publicly forwarded from now on.
These are critical areas of support and resistance as BTC begins to range within the parameters of what i believe is a phase B of wycoff accumulation overall. i am leaning more towards retraces of 22k levels still, watching this lackluster price action and the growth of bitmex shorts (previously posted as well) i am net long, but not yet
what happens with regards to these short position spikes in terms last spike performances relayed to a price action chart on those exact dates?
and woe unto them who made merchandise with Babylon...