Arzalon

Arzalon

Lets see

Arzalon Updated 

Just some rough lines for orientation. Will upload the details in the description

Arzalon Updated 

Short term priority is catching downwards movement until we reach 7600-7350 area or break above 8600. 200 day EMA seems to be providing resistance and I don't see a test of 200 day MA happening yet. Al trough people are calling breakout of the channel too soon & starting to turn bullish , greed index is still neutral and longs are only slightly overexposed....

Arzalon Updated 

I tried to make the graph speak for itself, but will describe the setups which I see briefly. We got momentum shifting south, after price pumping, without proper correction to produce a sustainable upwards momentum. There is a CME gap which could provide a golden R:R short. But the momentum to the downside is pretty strong, so probably we will see a retrace to...

Arzalon Updated 

Just because everybody is bullish while we are still in a down trend, I'm dreaming about the huge discount which capitulation could bring. All traders, which are looking at the weekly, and see we are still in a down trend, are aiming to go long at the 200 MA. This got me thinking about the possibility in which the majority of them would capitulate. If we break the...

Arzalon Updated 

No trade zone for me

Arzalon

Sorry for lack of TA basis. Hope you can use this info to make your own analysis. I strongly doubt we have found the bottom at 6xxx and cautiously aiming for 5xxx.

Arzalon Updated 

Trade: entry 7250-7350 sl 7575 or retest at 200EMA after S/R flip on the 4 hour tp 7075, 6900, 6600 Legend: Yellow line - 55EMA Brown line - 200EMA Do your own research, sharing this just for fun

Arzalon Updated 

Boom on new years eve, Ba during hangover and clap on capitulation. Legend: Red line- momentum down Green line - momentum up Yellow line - momentum neutral

Arzalon Updated 

If the price breaks aggressively through present red resistance, idea is invalidated. Legend: Red line- momentum down Green line - momentum up Yellow line - momentum neutral

Arzalon Updated 

December pump, followed by a sideways slaughterhouse, perfect for shorting until capitulation. Then conditions are set for the pre-halvening pump, which dumps just before the halvening. If these next few months, turn out to be one big cliche, I will be shorting a big part of my profits....

Arzalon Updated 

Price range seems to be tightening, upwards pressure is resisted by heavier downwards pressure, but upwards pressure seems to be building up below the surface....

Arzalon Updated 

We have a CME gap until 7800 and I got some reliable signals to long. This is why I am in a small long position, even through I see a big dump coming, before any significant pump. In case we reach 7700 before 7000, I'm planning to go short, if there aren't too many bullish signs.

Arzalon Updated 

Adding on to my short

Arzalon Updated 

Leaning slightly short, with sharp leaning towards the stop.

Arzalon Updated 

looks like bitmex is going short, lets go long...

Arzalon Updated 

This sketch summarizes my idea and is build upon all the info that I've been taking in he last couple of weeks. Unless the downwards channel is broken, I'll be focusing on this sketch.

Arzalon

I'm margin trading for 2 months now (and made one rookie mistake after another, which taught me the basics of margin trading). Because I want to improve my trading and build upon my past experience, I'm starting this diary series. It's kind of personal, but still wanted to publish them publicly. I hope more experienced traders can give me some feedback and...