After rejection at 11800, important to watch now the purple box if we get rejected there also. We could have finished an ABC leading to an Impulse down. The Sell Signal is also already here. should not break current high again
BTC forming a possible TOP at 12k. Confirmation still needed, but if this is the TOP i would watch the displayed levels to get a good LONG entry only with SIgnal. The ongoing action is pointing to a corrective move, but this can change fast if certain levels get broken. I would only short when the resistance gets confirmed by a strong rejection, the levels to...
Looking at Tesla , the Sell Signal occured pointing on the ongoing correction. We already sold the excess at 1780$ (previous Idea) Waiting for confirmation if 1485$ can hold to get back in or we going to see some lower correction levels around 1250$ - 1050$. The Buy signal will be the final confirmation.
No financial advice, only my idea.
Looking at Tesla, the Sell Signal occured pointing on the ongoing correction. We already sold the excess at 1780$ (previous Idea) Waiting for confirmation if 1485$ can hold to get back in or we going to see some lower correction levels around 1250$ - 1050$. The Buy signal will be the final confirmation.
2018 when DOGE went up this lead to a dump for BTC, the same is going to happen now again ? On the chart u can see both coins compared, it is an interesting attempt to see if the market changed since 2018
Mit dem Reject bei 10400$ und dem anschließenden Dump wurde ein Korrektur Szenario gestartet welches heute mit der Korrektur von 9160 - 9800 wieder bestätigt wurde. Bisher läuft die Korrektur ohne größere Überraschungen ab, lediglich die lange Sideways Phase von 9600 - 9160$ (wahrscheinlich wegen dem Weekend) hat das
Bild etwas verfälscht. Gummibärenbande trifft...
As mentioned in previous idea, XBT on its way to choose the final direction,
the move from 3800 to 4130 was a trap to fill shorts fueld by IHS meme.
How could it be spotted:
- XBT moved from 3800 to 4100 but Alts did not follow, especially ETH
- the huge bearish rejection at 4130 with a brutal dump followed
- 4130 huge resistance line from bear trend
With all the Euphoria in the Market people forget we are still in a Bear Market.
Heavy Resistance meet yesterday at 4130 on Bitmex, instant 180$ drop followed, Bitfinex printed a double top on 4h. IHS Meme on Twitter.
Longs parabolic on Bitfinex, shorts are at the bottom.
Perfect for Market Maker
Bearish signals on daily and 4h, Selling Volume going up,...