Autistic Charting. Short-term long from 6700ish at 20x. Currently 25-30x ROE this week utilizing 12-48 hour short and long lplays between 10-25x.
I scalped at $7127.22 USD...... GOING Down!!!!!! Next stop $6300ish..... C U THERE LOL
My 1st Stops just CLOSED, covering initial Investment the REST is pure profits, Enjoy.... I hope The same is for eveyone reading this... Now I wait to scalp the TOPS Shorting XBTUSD .... There is no Greater 'JOB' Ive found were We can make money on the way UP & on the Way Back Down.... BTW HUGE SELL WALL @ $7190.00 USD SO I would aim for exit...
If I were a gambler..... Yeeah right Im not kidding anyone here.... Im convinced its Pooo Pooooo HERE, Down to $5400ish is 1st stop. Yes this is my Final Decision... LOL What was the name of that stupid A** show on FOX I think...?
It shoudl be the Top of the Bottomo... Fingers crossed.....
According to my charts, 1 hour candles, BTC/USD Price in NOW in the "Perfect Middle" OR the 'eye of the storm' Call it what you want... Im Shorting this position 25x Leverage on bitMEX... I expect slight retrace, then the bottom should fall out again, take profits incrementally according to fund account & personal preferences... I've got my stop set at $6456
Profit Targets: 7220 7080 Stop Loss: 7470 Have a nice day Berk
Need I say it? -Opened under the 300 EMA -Waiting to see the daily close in 24hrs, if we open and close under the daily EMA probability says we see some lower side targets. Trade safe, don't try to beat your own rules.
Check the chart. Make the trade.
Ok here we go. Numerous long term bullish pennants developed using recent and historical price action - confluence. Two shorter term bearish wedges using current and historical price action - confluence. Uncertain times and longer term analysis unfortunately means that both bullish and bearish scenarios must be considered. Price is currently testing the top of...
Shorting volume has been on the rise in the past three hours RSI downtrending with no sign of a reversal MACD crossover very unlikely Crossunders on the EMAs The faster MACD (EMAX Histogram) looks like there may be a dead cat bounce before the final drop. It can also indicate an underlying reversal trend, but when the indicators are this bearish it seems...
BITMEX:XBTUSD COINBASE:BTCUSD So far the cup and handle is forming correctly. Let's look at a Hidden Divergence explanation shall we. Hidden Bullish Divergence Price: Higher Low Oscillator : Lower Low "Indicates underlying strength. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retest of previous lows."
XBTUSD (240 chart) The descending channel line (resistance) has crossed the trendline (support) of the ascending channel. There is also the possibility of a head and shoulders pattern which would signal a downtrend. A clear break above the descending channel will invalidate the h&s pattern. In that case XBTUSD should reach the $12,200 level. I'll attach the...
As we can see on the 4 hour chart, bulls are failing to cross the resistance at 11,000 Three doji's at the top, implies a failure and we'll likely witness a fallback. Remember that Bitcoin is bullish at the moment, so this will be a risky shot. Another indicator to support this short is oversold RSI at 4 hour chart. Happy trading :)
We can't seem to bounce much. My line at 13311 held 3-4 times, but with this weakness it's getting broken. Short at $13,350-13,400 Target: $12,000 Stop: $13,650
Currently holding on the 100 MA on the 240 min. chart, possible right ear sidewinder setting up. Stoch RSI turning up off the bottom, MACD getting ready to cross and SQZMOM trending up. Given confirmation of those indicators, if the sidewinder plays out we will see 25K+ BTC by Dec 31. Shorts beware.