Hi guys, what do I think about actual situation of BTC? 80/20 short... Arguments: - 1D declining dynamics - 1W - trend change only if we close at 7100 or higher - 1D EMA50 resistence If we close today as I mentioned I will go short with min. 75% of btc binance portfolio without leverage with targets: 6539, 6392, 6135 and then 5473. SL 7040
There are 3 types of trends, up-trend, down-trend and n-trend. Currently bitcoin is in no-trend as it has a higher high and lower low. It is for this reason that I am more focused on shorting the other markets in the top-10 that have great down trends.
Just opened a new short position at 7900 USD. If you can readily see, things might happen again. All "good" things come in threes. Bitcoin is a big pump-and-dump scheme. In my humble opinion cryptocurrencies are frauds. A social phenomenon based on the enthusiasm for a new technology. Lot of people make profit out of the transaction fees and ICOs. Bitcoin...
This looks like a major bear flag to me. Yahoo finance just put out some bearish news about GOOS's earnings call later this week. It will be interesting to see what happens. Let me know what you think.
Here we have IXIC closing above Fib Guppy and Tenkan, showing strength and upward momentum to be expected. there is a heavy resistance at 7.6k that if not broken will signal lower lows for the month--will will be a great short opportunity. weekly close within or below fib guppy will signal downward continuation with Tenkan and kijun sitting at 7.3k and 6.9k as...
If you have no idea how to short or trade then look away now. If you do know what to do then get ready because if this level breaks we will have opportunities. I will be looking for "Bitcoin Breakout" " Crypto Cradel" and "Fibonacci Booster" strategies if it goes.
About time to squeeze some parabolic bottom shorters.
As I predicted in past that Bitcoin will fall from 9700 but it started its fall at 9950 now seeing this move have given its plan away. According to our prediction in the past, we said that we will see $5000 before $11000 but now we have made changes to that and now we are predicting bitcoin will see 3000 at the lowest this year before 12000.... now let the time...
Symmetric triangle was broken from my last idea (). Possible bull trap to around 6950-7000
You can see that we went through a 'mini' downtrend. You would expect that people would learn from the previous super squeeze but once again the point where people start opening most shorts is after this 'mini downtrend' is completed. With the price remaining static for already few hours and what looks to be a 'Trolling' rising wedge forming there is a good...
Shorting Gold for a targeting price of 1172.00 before May 30
ETC Target $16 | Shorting | Goodbye ETC
Lumber has reached a peak, after weeks of flirting with all time high territory.
Traders, Picked up a nice "at market" gartley shorting opportunity. I will wait for a LLLC for my entry Best of luck this week of trading :)