crypto_psych

crypto_psych

January known to be a dump month historically for the past few years. In next few days price will reach to at higher RSI levels. Once it hit at 152 or 169 range, depends on price movement and RS levels, a proper short position is favorable for ETH

crypto_psych

Everything on the Chart

crypto_psych

If no retracement as predicted earlier

crypto_psych

Almost on all time frames, ETH trading below MA50 and EMA21. Looking not so good for bulls. Depicted a possible scenario if bulls are unable to form a higher low above 130 level

crypto_psych

shorting

crypto_psych Updated 

Updating my previously mentioned strategy. ETH fall back to 141.6 support level. currently re-testing this and once breaking this level, one might expect it to consolidate in the range of 136-138 range.

crypto_psych

Reaching to the end of consolidation of a falling trend lines. we are looking at downfall towards 141.6 and to 136 level. If bulls fail to print high volume, we might see the price volatility during the weekend or on Monday.

crypto_psych

details are in the graph. I would enter short positions at either 145.9 or 146.8.

crypto_psych

Previous support is current resistance. also take a note of 50MA and 200MA positions with respect to RSI trends. Overall, bears are in play.

crypto_psych

Long term Bearish but in short term a scenario that can played as shown.

crypto_psych Updated 

Opening a short position.

crypto_psych Updated 

Use 15X leverage on bybit. When ever price rejects from SMA 50 on 15 min time scale, open a short position. check for RSI(14) chart aswell, open long position whenever it goes below 30 and short position whenever trades above 70.

crypto_psych

BNB short term bearish trend continues

crypto_psych Updated 

Using simple FIB retracement indicator Next target would be 239 usd. If only, a follow through volume above 220 usd, could open long position.

crypto_psych

Heikin-Ashi indication shows probable strong upward moment. With increased volume an open position at an entry position at 208-210 USD is quite tempting. But i will wait for further confirmation till ETH stay above 220 USD.

crypto_psych

ETH-USd fib retracement