After a long period of consolidation, Bitcoin has finally moved to test support again.
Longs rapidly dropped while shorts rose, which is a pretty bullish sign. The mass entry of longs now is pretty unexpected but I believe it is still bullish. At the previous Bitcoin bottom near 3.2k, there was a massive long accumulation also. Don't be conditioned to thing that ...
I have called the previous Tron bottom three months ago. Check that out in the related ideas section.
As you may know, I have been a permabull on Tron for very long. It is because I own Tron myself, and I am biased, but not without reason.
Tron is a good buy and hold.
1. Tron team has cash to last at least until 2021. There was over a billion USD worth of Tron ...
Previous ETH short is now up 15% profit. Check that out in the related ideas section. I have also called the previous 8% Bitcoin pump.
Bitcoin looks like it will hold current support. Finex wall tested and proven to be real. Currently bounced off that. Bitstamp has turned bullish again.
Thanks for viewing! My indicator works pretty well so far.
Also, Bitmex ...
My first neutral idea.
ETHBTC looks like it may need a significant correction soon, so this lowers the gain ETHUSD will likely have if BTC pumps. So you should be better off with a BTC long if you are bullish instead. There is also a bearish rising wedge pattern on the chart. The ETHBTC rising wedge has already broken down.
ETH does have a 0.99 correlation with ...
Watching exchange USDT wallets.
If the head and shoulders is to play out, Bitcoin should be moving up soon, hopefully around 10%, which perfectly matches with the 30 million USDT sent to Binance.
10% is also enough to liquidate the 10x shorters, so in theory this should lead to a pump at some point.
There has been a large liq already, so I believe it should be ...
Binance tried to pump price up, but didn't really get it too far.
Looks like too much supply in this range.
Starting to look like a short.
Thanks for viewing! Check out previous ideas in the related section.
The last trade I longed ETH and ETHBTC for over 10% return. ETH actually had a 19% pump, verifying my prediction that an ETHUSD long would be better than a BTC one. Check out that idea in the related section.
Now that it has hit resistance, I will be shorting. I believe Bitcoin will break down to test 3700, so an ETHUSD short will outperform a BTCUSD one.
People might not believe in the head and shoulders pattern, thinking it would be a "trick" for you to buy and get rekt.
However, looking at USDT balances of Binance and other exchanges such as Houbi, I can see they are refilling again.
Therefore, there is a good chance there will be a pump for BTC in the next few days. If this falls through, you probably aren't ...
Check out my previous Tron ideas. Up over 50% currently.
While it does look bullish, don't buy until it retraces back into the buy zone. This could take a couple of months.
The main ideas are on the chart. Looking at the Tron community, they seem like fanatics, just like the XRP community. That is good for the coin, since they are likely to hold and create more ...
I have made some nice calls the past few days. Currently looking at an Ethereum long.
This idea is not active unless BTC holds current level
Bouncing from the 0.5 level is very common.
Currently at a level of support.
I believe there will be a 10% correction for ETHBTC, causing an ETHUSD long to outperform a BTCUSD long.
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Bitcoin has had a 3% bounce. I have closed my longs and entered short right here. If you want to check out the long idea, please check out the related ideas section.
On the chart, we can see Bitcoin approaching major resistance. Unless a big pump happens, it looks like Bitcoin will be unable to move past 4000.
Target is 3500 or a lower low. Depends on the ...
Looks like a reversal structure. Bullish divergence and Bitfinex buy wall.
There could be a quick dump before a rapid move back up. Long the dump once it bottoms. I believe the buy wall will be broken but they will pump the price up once that happens. Right now we are at a critical level, so a fakeout drop beneath could be possible.
Thanks for viewing! This idea ...
ETH BTC is having some trouble right now, causing ETHUSD to drop.
Currently dropped beneath support, so will be shorting the retest. It should not go above 148 for very long. If it does, I will probably close my short.
I still think Bitcoin has topped. It may be at 4200, or 4400-4500. Either way, I will be shorting most coins.
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I called for a rally to 3800 when Bitcoin was 3200, you may check out the idea below in the related idea section.
Bitcoin finally took out 4100 stops and is currently consolidating again. I have tried to make two big shorts that both ended up in getting stopped out, mainly because I was impatient and expected a retrace before moving higher, but this price area is ...
Bitcoin has hit 3800, which was the original target. I closed all my Bitcoin longs at 3500 unfortunately, so I missed out on a lot of potential profit. Check out the successful and failed idea in the related section.
I will admit I hold a Bitcoin short around 3600, but it is a small position. I will add to it around here.
For now, Ethereum has hit heavy ...
My last ideas all were long ideas, and I basically called the bottom before this rally upwards.
However, this thing is looking a little strained. It is fueled by retail buys. I have managed to get rid of all my longs at a very good price, and am now planning on shorting.
If you are long, please consider closing some. If this rallies once more, this idea is still ...
Looking at the daily and 4 hour charts, it honestly looks like a bounce is overdue.
Seller exhaustion, accumulation on whale exchanges such as Bitstamp and Bitfinex. I have been watching a lot of Bitfinex and Bitstamp. Coinbase is meh since lots of retail trade there.
We are breaking through resistances much easier in the lower timeframes. If you still short ...