BTC short term opportunity.
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 on those looks like). tis can be one of two things if they keep increasing whilst prices consolidate at 36k or above: namely that they can be tinder or fuel for liquidity purposes in reignighting a bullrun.
some other catalysts to consider with regard to the overall markets are recent news about mark cuban // defi hackings // regulation crybaby attitude.
to me the above news is bullish (however you want to look for it, dyor); mainly becuase it puts buying pressure on nefarious actors to get out of the space and pump it up as high as they can.
there is a video by a legal expert on youtube who is following the SEC v Ripple case, i dont have a clue about house rules so i am not risking the direct link but indirect reference. beyond the recommendation there, i would highly reccommend his commentary on the current top five picks (or however many it was for the SEC to go after once they wrap the ripple case or set a new founding regulation standardization like the howie test into motion for regulating crypto), and stated reasons why they are likely to be sought after. in my opinion it would be tether and ethereum by extension, then up next would be tron and binance and anyone else with direct tether connections. This is all however speculation and none to be taken seriously; do consider how swiftly XRP went from being HOT and SOUGHT AFTER for flare/spark airdropped, and then a collusive member of the SEC decided to drop a lawsuit at their front desk just before leaving office**
.
**disclaimer**
Jay claytons collusion is mega bearish catalyst, if you dont see that you are blind as a bat and i cannot help you in this channel: and if you fundamentally disagree or agree on this bearish opinion, but simultaneously; if you cant see jay clayton for what he is (a corrupt scumbag // malicious double agent actor // something nefarious, or whatever you want to call it) i cannot help you in this channel. apologies if this seems farfetched and tl;dr, prior archives of this information were deleted and it is coming from memory; in the very least moving forward i cant treat tradingview publishings as a record keeping service for some of the 'beyond technical analysis' commentaries this may get flagged as being
previous strategy: long at or around 36.5k levels (as in prior post
)
moving forward i see an opportunity to ride down to an optimal entry zone; which may or may not be even lower than current expectations at the .618 golden pocket initially plotted in above link^^.
last notes: alarm was triggered so i may have to abandon the last thoughts i had before finishing the disclaimers, and get this published and forwarded to relevant parties.
catalysts: ever expanding btcusd bitfinex shorts (see previous published ideas to see whta my hourly outlook on those looks like). tis can be one of two things if they keep increasing whilst prices consolidate at 36k or above: namely that they can be tinder or fuel for liquidity purposes in reignighting a bullrun.
some other catalysts to consider with regard to the overall markets are recent news about mark cuban // defi hackings // regulation crybaby attitude.
to me the above news is bullish (however you want to look for it, dyor); mainly becuase it puts buying pressure on nefarious actors to get out of the space and pump it up as high as they can.
there is a video by a legal expert on youtube who is following the SEC v Ripple case, i dont have a clue about house rules so i am not risking the direct link but indirect reference. beyond the recommendation there, i would highly reccommend his commentary on the current top five picks (or however many it was for the SEC to go after once they wrap the ripple case or set a new founding regulation standardization like the howie test into motion for regulating crypto), and stated reasons why they are likely to be sought after. in my opinion it would be tether and ethereum by extension, then up next would be tron and binance and anyone else with direct tether connections. This is all however speculation and none to be taken seriously; do consider how swiftly XRP went from being HOT and SOUGHT AFTER for flare/spark airdropped, and then a collusive member of the SEC decided to drop a lawsuit at their front desk just before leaving office**
.
**disclaimer**
Jay claytons collusion is mega bearish catalyst, if you dont see that you are blind as a bat and i cannot help you in this channel: and if you fundamentally disagree or agree on this bearish opinion, but simultaneously; if you cant see jay clayton for what he is (a corrupt scumbag // malicious double agent actor // something nefarious, or whatever you want to call it) i cannot help you in this channel. apologies if this seems farfetched and tl;dr, prior archives of this information were deleted and it is coming from memory; in the very least moving forward i cant treat tradingview publishings as a record keeping service for some of the 'beyond technical analysis' commentaries this may get flagged as being
previous strategy: long at or around 36.5k levels (as in prior post
moving forward i see an opportunity to ride down to an optimal entry zone; which may or may not be even lower than current expectations at the .618 golden pocket initially plotted in above link^^.
last notes: alarm was triggered so i may have to abandon the last thoughts i had before finishing the disclaimers, and get this published and forwarded to relevant parties.
Comment:
currently losing our hammer on 4hr
Order cancelled:
didnt participate with this trade, to slow to the punch when we nicked 40k levels to open a short.
i imagine things to grand sometimes have to put into perspective, nice little double bottom tweezering out on 5min as of writing.