Linkeex

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BTCUSD 60% | 3 BTCCNY 40% | 2
Linkeex Linkeex BTCCNY, 120,
BTCCNY: Adam and Eve Bottom, break of head and shoulders inc
276 4 0
BTCCNY, 120
Adam and Eve Bottom, break of head and shoulders inc

The head and shoulders has been more or less confirmed. As we have a tone of resistances and not a lot emotional strength to begin or continue our short term bull rally, we will likely see a break not only of the current lower support line but also of the head and shoulders support line. In my wishful thinking we will perform a adam and eve bottom and then got ...

Linkeex Linkeex BTCCNY, 120,
BTCCNY: No one knows what to do
157 0 0
BTCCNY, 120
No one knows what to do

The point I'm trying to make with this chart is that currently taking no position at all is the best choice. A bet on a continuing bull market would result in a 1:1 risk/reward, which is bad. Shorting might be an option that I didn't consider.

Linkeex Linkeex BTCUSD, D,
BTCUSD: Shortsqueeze incoming
254 0 2
BTCUSD, D
Shortsqueeze incoming

An updated chart of my shortsqueeze idea

Linkeex Linkeex BTCUSD, D,
BTCUSD: Shortsqueeze incoming
752 0 1
BTCUSD, D
Shortsqueeze incoming

A shortqueeze will happen in the next couple of hours. This is how it's going to play out.

Linkeex Linkeex BTCUSD, 120,
BTCUSD: Why do we see this selloff?
289 1 2
BTCUSD, 120
Why do we see this selloff?

We see it because a lot of people bought in in the blue marked area. We they saw, that they were about to make a loss and the trend doesn't continue upwards they sold. Simple as that.

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