Looking for a short play here
Channel still up correction indicate a little move down and evaluate tight SL
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ETH / USD this movement is not very optimistic but we can see a rise to fib 618, the R / R is a bit fair.
I have left 2 setup in case the trade goes against you:
it is currently in the first resistance although it is a slight resistance 196.45
Entrys : scalp Now and > 195.8 / 194.34 / 192.445
Stop loss: 187.55
If you want more analysis and better set...
As we see the Bitcoin is at a time quite frustrating for traders as it barely moves.
We see here as since August the price has gone through this horizontal support that I have drawn.
Well, as you can see the price does not seem to want to give in this area due to the large increase in shorts and the little interest in playing long (the latter due to funding and...
Price is on critical zone and support , 200ma on 3 day, plus +there is a big amounts of shorts , the problem with the shorts is they get funding and there is a big weird stuff with bitfinex premiuns , tether , etc etc.
Chart is bear and yes i believe 95% that 6k is not the botton as i analyzed on my previous log term charts.
But here we are looking for a...
Hi guys !
I was bullish on euro/usd last weeks before when we perfomed a inverted head and shoulders or cup and handle on 1 day chart , we make a good rally but couldnt test 200ma..
Then suddenly we fail miserably so i check my monthly chart.
What i see is a bit worry , after break a symetric triangle we run up and test the apettite of that triangle extended in...
feels like this next big move will be to the upside ( play safe )
CMF trending up
Price going down , Volatility low low low low = big move on monday - max 72hrs.
Watch for test 200ma on daily potential spike , good amount of shorts and big stoploss on 6850 6800 !
Im still bearish on bitcoin for a while till we dont break the structure but i dont see this happening soon , price is sideways for some weaks , volatility down.
Looking 3d chart we have big support on 200ma at 6220 level and shorts start pilling on the blue box.
notes : shorts are safe below last swimg high , there will be a lot of stops in 6850 but...
Hi guys! as you see we tested the previous swimg high nearly as i mentioned in my previous chart.
Ok so now we are in block compression 1 between 6550/6850 range if this break up we will go in the most conflictive zone block 2 under all major resistances , i keep saying much bull charts , excuse me i dont see this is going break up.
Broadstening wedge formation...
Hi guys after a massive dump yesterday with volatility in extremely lows finally the big move came and was a big dump that moved the market , you can check my previous analysis when i said : BIG move is coming.
Well whats next?
Im waiting for consolidation and see how it develops , support 6250/6000.
Resist 6750/6860 and 7220
Also massive shorts near ATH so...
Here I leave the daily chart of btc / usd.
Rsi in resistances and in overbought area ( no bear divergences on RSI using previous top )
Hv> very low volatility, expecting a sudden movement in the market.
longs / shorts> someone put on a giant short surely it is bitfinex, we will see how it evolves, obviously the price will not go down until that position...