I have identified a likle y Death cross on the 12 hour time frame, last time we saw this was March 2020, im holding short from 46000, the weekly 21 recently. We are cureently trading under the weekly 21 and the daily 200.
Last time BTCUSD retraced down to the daily 200ema was Sept, 2020 right before the start of the run to 65k, its a good trade set up dosnet have to work out but we are trading opn the macro levels now best opportunity
Been swing trading BTCUSD, awaiting a resolution to the ranges,
Nasdaq likely to re test, 12.1/11.900 lelvels, Supoort levles 540ema Daily
Just trading some basic support and resistance lelels, historiclly H4 200 has been a excellent pivot in bull/bear markets
Nasdaq double bottom, in a squueze triangle pattern with respected HH/HL outlined is my current idea on buy/sell areas
good luck traders
During daily analysis, I came across a H & s pattern potential, on line chart. Invalid in the 9200 range POC 8700 range Targets 8200-7800 btc/usd Trading details will be available in my telegram chat, and on my Zoom trading channel
I was able to discover a potential H & S pattern on the weekly, in valid in the 9200 range , POC in the 8700/ targets in the 8200/7800 range
BTC looks to break range soon could be as ez as trading the cloud on daily BYBIT:BTCUSD
Kinda of ez ranges today H4
During my quarantine time I've moved into the Metal markets Silver looking strong nothing to technical just picked it up at a low of 13.8 I was under for a couple of days got stopped out 1 times gave me a better feel for the silver market participants currently holding above 14.91
I continued to short doewn using cross earning 112% on a short and was analyzing Tensor chart found buy walls at 7600 mega buys on bitfines and Binanace I got a buy signal on Binancean filled long at 7635 15xcurrently 50% ROI, potential SR fliphoding atm 7765 area SL 7645 in profit
Im speculating to break to the upside 8800 rang and consolodate, daily, weekly, but monthly is heavy so limites buy prferssure imo
The weekly closed monthly closed daily looks to be botom im long on spot speculating to a break to 8800 and consolodate there imo Long BTCUSD, ETH/USD , maybe Link USD
EMA Ribbon soon to lose supports and looks to roll, im reducing size, and lower my DCA Acrooss all markets US and Global. GOOD ole USD
As I was expecting a last line in the sand with the 61.8 fib at 9300 to act as support, which i had a long in place which I cut, after failure to act as support and now is acting as resistance classic S/R slip with likelt and logical tgts at the 78.6% from swing 14k and low 3.3k, Im in a live juicy shorte with 50% ROI atm. good luck can target CME Gap or 8500...