just a study, not signal
#ETH just entered short on #BTCMACHINE .... in the picture some theoretical SL and TP targets to take: Entry: $117 SL: $123.3 TP: $110.4 and $104
Not shorted yet for this retracement but btcmachine exited and the price went outside that channel too, so possibly short term bearish now
Two well defined interest levels to watch today
XBT indicating Short, Currently inside a trading-range triangle. and close to next breakout. 60% chance bearish and 40% bullish. If Down, next support level around $3250 following that downtrend channel. notice that bulls did not had strong force to push price to upper side of channel after double top
Bearflag, bulltrap or trend reversal? we'll find out on this very candle
Sorry the noise, but i'm trying to speculate main next convergent zones being 4650ish for bulls and 3950ish for bears. the nature of convertions and distance from current price make the shorting bet being less risky (and therefore higher probability). So i tend to agree with btcmachine view and speculate a target around 4000k thats is also a psychological support
Interesting channel for a token that has spikes up to 3700 sat. Decentraland project still has lots of news to come. If it goes mainstream, the price can go to 10k+
Unfortunately it's still shorting it here ... hope this red ends soon
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A Nice token suggestion to buy & hold: #MANA at 1600 satoshi. Its a fundamentally fueled tip. The second land auction will begin during the second week of december. I tried to extrapolate 1st auction, but i believe we can easely get 10x fold on that targets!
#BCH on Bitmex. Long 0.05 or above Targets: 0.055; 0.059; 0.064 Stop-Loss: 0.04 just remindin that should be BCHABC price (mex index)
XVG had a 182% buying volume increase, waiting confirmation of that bounce (optimal if btc goes up too). For now, not a signal, just to stay on the radar.
#CMT entry at 1434 Targets: 1479, 1547, 1579 Stop-loss: 1350
My human analysis would say we are about to reverse down. The btc machine says it will break up... gonna save it here to review later (its not a signal nor analysis)