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the_batman
Nov 15, 2021 10:11 AM

BTC & RISING TRIANGLE '22: The White Whale Comercio Corto Short

Bitcoin / US DollarBinance

Description

We are looking at BTC and all of crypto around all time high. This is just an idea right now, but ... I'm eager to short this crypto trend.

  • A rising diamond at the end of of a wave-trend. This is typically followed by a sharp drop.
  • See previous charts for usage on how green and blue horizontal lines (Neely, Williams) are used to time the last wave and the apex.
  • There's also a harmonic bat pattern. This one is very well-formed. It corroborates the approximate price and time at which the upward triangle would end. (I'm not a harmonics expert.)


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Estamos viendo BTC y todos los cripto alrededor de todos los tiempos de alta. Esto es sólo una idea en este momento, pero ... Estoy deseando ponerme en corto en esta tendencia criptográfica.

  • Un diamante alcista al final de una onda-tendencia. Esto es típicamente seguido por una fuerte caída.
  • Ver los gráficos anteriores para el uso de las líneas horizontales verdes y azules (Neely, Williams) para cronometrar la última onda y el ápice.
  • También hay un patrón de murciélago armónico. Este está muy bien formado. Corrobora el precio y el momento aproximado en el que terminaría el triángulo ascendente. (No soy un experto en armónicos)


(SIC) Bill Williams, Neely, JWP, and the almighty gator.

Trade closed manually

The timing and appearance here do not quite make sense. My choice is to exit here: "when in doubt, get out!" Your choice should suit your own comfort and risk tolerance level.

Be prepared to reverse and go long soon. However, we will watch and see.

I would not be surprised if there was more upward movement coming.
Comments
art91726
wow... you nailed it! 👏 are we in bearish trend now? @the_batman
the_batman
@art91726,

Thanks. ¿Que es bearish trend?

A este, quieren panic, fear, hope, todos de los emocionales. Trends go up and sideways.
the_batman
This isn't a sharp enough drop to be quite real. It's shaping out to be is a correction before another upward move begins.
the_batman
Use a regular alligator or the time predictions to close the trade.
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