alexcph

GREAT WARRIOR BITCOIN. You Must Choose Your Path. GO FORTH!

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Each time the Great Warrior BITCOIN rises up after being beat down. He is met with TREMENDOUS Resistance. The Whales WILL NOT let him win.

Tonight we are again facing massive resistance. The Great Warrior showed us some strength the last few days, beating level after level with IMMENSE Strength.

Yet when he faced the Whale of the 3600 level, he was given a swift blow... ONCE.. and then ANOTHER, and the Great Warrior fell down. Crashing through the floor unto the one underneath.

Now we are WITNESSING the Great Warrior attempting to dust himself off and rise up. He was SQUASHED DOWN and nearly fell through yet another level, but managed to GRIP ON and pull himself up.

NOW he stands here and must RISE UP again to DEFEAT the 3650 level. There is no mercy given by the Whales.

What will the Great Warrior BITCOIN do to prevail?

-----------------------------

Alright story telling aside. Lots of selling going on but lots of defending of the 3450 level as well. Either way which path the Great Warrior chooses. You can still profit.

Ive outlined two paths of the price. If we break through this level, you should look to short the retest, which I will attempt to take trades with you. Im not 100% as I have a date lined up for tonight. But women can be flaky.

Am currently in a long, but feels like theres too much selling pressure.

Live buy the sword. Die by the sword.

Leave a LIKE for the not so Great Warrrior. Your trader friend, Alex .





Dec 10
Comment: Stops on the long reached. Opened a small short, but waiting to see how the price moves before adding.
Dec 10
Comment: Sometimes theres a retest, sometimes not. so I like to open a third or half the position right away once stop is reached.
Dec 10
Comment: Targets in red.

Dec 10
Comment: Stopped out on this pump up. This is why I always keep breakout trades smaller sizewise. There was a danger it was stop run.

Will continue watching and decide on a position if need be. For now staying out and watching.
Dec 10
Comment: Gonna go for a long here, small position again, but R:R is too good from here.
Dec 10
Comment: Closed it now that we moved under 3425. Will just observe for now yet again.
Dec 10
Comment: Morning Traders.

With some coffee all I do is sit down and try and solve chart puzzles.

Here's what Im seeing. We are moving quite like earlier, so its a fractal of the last down move so far. Where will we go from here? I see two scenarios. Lets see how it unfolds.

Comments

you have a great TA..I see my next buys at 3360, 3260, 3160, 3060, 2960, 2860, 2760,2660 and selling upside all time with the lower frames like +50$.. it was successfully trade me at this bear market.
Do you have some TA for Cardano/USD(BTC)...right now -97.7% under ATH.
+1 Reply
alexcph hypercraft
@hypercraft, Will take a look at ADA and post.Thanks.
Reply
Grüß Dich.
Hattest du bez. ADA Zeit?
Bg
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out