Hedgehog_king

Hedgehog_king

After having troubles with RL issues, I am coming back to give market updates <3 * I'm still not fully bullish, but yes it is more logical to focus on bull moves and not shorting atm (Don't go against the trend, the trend doesn't seem to weaken). - Don't FOMO in! trade carefully... these gaps are psychological play zone, more likely to retrace a bit (Hopefully to...

Hedgehog_king Updated 

Small TF small update: *Do notice OBV very bad movement atm... Weekly OBV also extreemly bad (As I showed on previous updates, it didn't change). * Also we were rejected by the 200e on daily. passing above it will shoot it up... * We are testing the hourly cloud too many times, it is also usually bad for the short term. * And to add to it we have hidden bearish...

Hedgehog_king

A quick update.... I'm still not convinced with the bullish/war effect atm.... I don't want to see 1d prabolic move, I want to see weekly confirmation and holding up the levels type of confirmation.... Weekly cloud starts at 8545 (Resistance) Also we are right below the falling wedge resistance (testing it out for the 3rd time). Yes we already broke many...

Hedgehog_king

Most of you who've been following my market weekly analysis (Also my fav' TF since it ignores all the news in the background) for the past few months know how I like chaotic messy rainbow colored charts ^_^ but also that I been super bearish since top to bottom =D I love to see many basic but important TA/PA elements on my charts and thus I have to break it into...

Hedgehog_king Updated 

So I wanted to remind you guys my bigger bearish picture which i was talking about since June when we reached 12k-14k.... Are we entering the final phase? 16/12/19 is very important date, this week/month should show us the direction BTC chose for the next few months: - Either we test the weekly cloud and bounce up and start new trend line with higher highs and...

Hedgehog_king Updated 

So guys, what is that??? so far we had nice spikes that showed nice sl hunts and bull traps, all this goes in same pattern of distribusion inside a very strong trend line.... we had 1 big spike above it which was a huge manipulation fake out... and now the last spike didnt result fall??? and we are right under heavey resistance levels, right under the trend line...

Hedgehog_king Updated 

Will this triangle break down atlast? if so then we are eneter into uber bearish market. PS: This was my earlier today signal which I posted in the group: " Hedgehog king - Crypto arena , #XBTUSD SHORT Exchange: BITMEX ENTRY: 8475-8435-8375 Take-Profit: 8245-8085-8045 Lev.: 5X STOP: 8685 Small Position Size: < 5% "

Hedgehog_king Updated 

We have many more paths to follow, will we test the weekly cloud? Will we stay above the weekly E21? Will we suppress the symmetrical triangle top floor? Will we continue above the 0.3' fib'? Only time will tell, this is neither a bullish market (As it was too forced despite wrecking through the market signs due to different news such as China, and tether...

Hedgehog_king

* So some of you know how extremely bearish I was so far. And my last market analysis got rekt by the Chinese news manipulation (Not an excuse, yes I was wrong, and it's ok to be wrong, I'm a probabilities man and big speculator, and yet I I misinterpreted the impact badly, we all learn from mistakes).. Remember this chart that I posted a few weeks ago? - well...

Hedgehog_king

Volume higher then the last = confirmed.. Now we wait to confirm to close this candle in 2 min + Bearish divergence on volume ;)

Hedgehog_king Updated 

So here we created yet another expected dump, lets see where we are now? 1. TA: * We entered the 1h red cloud, its top edge is: 7800 * We are going towards a very strong zone levels: 7680-7800, these were tested 5 times as support levels before broke down, usually retracement goes back to test these levels, but usually also fails as the strong support levels tend...

Hedgehog_king Updated 

* Bearish? - If current week (21/10/19) is going to close today at the yellow zone (8220-8050) which is used as a very strong swapping between support and resist, Then most likely we are heading towards the red zone (7865-7705), if we touch that zone for the 5th time then most likely we are going below it to test the weekly cloud. * Bearish! - We were extremely...

Hedgehog_king

I want you guys to notice something very important as-well... What we see here are averages of E200 and E50, both going downwards, while E50 is crushing towards a death cross, now this cross is special, because not only it will confirm bigger TF averages are coming for impact, but also they are going downwards, if 1 of them would have went upwards instead then it...

Hedgehog_king Updated 

- We are struggling to pass the green 4h zone, if we hold here too long we will shoot down... - OBV keeps on creating lower lows, it's struggling to find buying power. - We struggle to create higher high then the previous one, I noticed that on many cases usually when this happens after a divergence (On volume) happens, then it means continuation pattern which...

Hedgehog_king Updated 

Option1: Yellow arrows is if the break of the descending fails then the market movers are going to 'bull trap' more positions for more liquidity down... (This option is good for scalpers to buy at this area) Option2: Red arrow is the final break confirmed as we have enough liquidity to break through the support zone and test the swapping S/R level... (This option...

Hedgehog_king Updated 

- Fear greed is 30, not too low, can easily go much much lower.. - Overall sentimentals of the market aren't good, disapointment of market response to Bakkt and other big news, also fear from reversal to bearish is intact, which means that going below 7700 will cause big panic sells, easily can reach to 7200-7000.. - Google trends manipulation stopped acting on...

Hedgehog_king Updated 

- So what I see is again price action doesn't fit volume action, also bulls doesn't seem to show real bullish buying power strength, I think there are much more resistances above then support below.... - We are almost closing monthly and it doesn't seem like the bulls showing any interest (Or already exhausted with their last attempt) on going higher... - We...

Hedgehog_king Updated 

So I can see here a few things: 1. Bulls getting more buying power 2. Bears volume failing to take over 3. E50 + ma50 golden crossed - usually on small time frame it means bullish for short term 4. we entered the bearish cloud So what are my conclusions? - If we break above e50 and close above it, we will have enough power to break the cloud, with buying power...