I expected $42k to hold and pump but BTC broke down to bottom of the wedge. - Long Hopium - DXY looks like a H&S - no break of previous high / head - Sketchy but still committed to $49k target ($47k first) which is coincidently the target for this descending wedge B, Hard Forky
Reached extended price target. Neutral now but expecting selloff Best, Hard Forky
Pump incoming. I expected some pretty unusual price action over Sunday leading into Monday prior to the real pump up to $47k. It looks real bearish right now - shorts will be piling in under $43k. I'll continue to play the swings - Targeting a short at $47k , expecting it to be a bumpy week between $45 and $47k!!! Best, Hard Forky
Long target of $51,500 was hit with a TP of $47k. Today we might see a rejection at $45k back to $42,500k so if you are getting in late there is a risk of getting stopped out tonight. EDIT: $44k rejection Best, Hard Forky
Weekend dip while on the way up to $48k? Small short/hedge played here. If it dips I think $37k looks unlikely now and I expect a bounce around $42,500 Late Saturday/ likely Sunday. Risk it might run to $45,500 to $46,000, entry on break down under $45k Best, Hard Forky
I'm loaded into Asian markets so quick sketch of the Nikkie to identify exit point. Still more upside here in short term but can't compete with the India+ markets Best, HF
Expecting final move to Target Price of £37k after daily close. - 0% Bags - Final sweating of ALTS - Targeting $38k Entry just in case $37k is defended - Long Target Price is $50k in around 5 weeks but I'll target $48k for BTC. - 50% Bags, 50% bags will ladder in on way back up 1st September Idea:
Expanding on my Macro chart - BTC could be trending towards a double bottom on the daily/weekly chart. - For: Follows minor downtrend - 50% drawdown + plenty FUD masking market moves - e.g. Evergrande false narrative - Counter: Volume during mid spike is limited In this scenario Target could drop below $37k target to within 4% of previous trough. As we are in...
Short with entry was at break down at $47k (stop at BE) after not getting my $50k TP. Short target adjusted down to $37k back in-line with mid term plan. -- We should sit here for a day or so but result is a dead cat bounce. -- Next 24 hours - Outside of the dips, ATOM the only long play right now for me. -- China will open up for a dump and push prices...
Shorting here? This looks like a classic weekend rug pull but I don't think we are at target yet. -- Current Shorting Price after timing and level adjustments = $50,400 TP = $46k (8%) -- Stretch target @ descending major trendline and bull flag target = $51,200 TP = $46k (10%) NOTE: Long-tail ALTs look like they will crash so I am dropping a large share of...
Expecting BTC to Rally over the weekend towards point 2 - short position. -- Adjusted timings of price movement forecast based on latest data. -- Now expecting ALTs to suffer (especially the long-tail ALTs) as BTC Dominance increases. 1. Short down to set a false bottom - COMPLETE 2. Set final high 3. Short down through false bottom and liquidate late longs 4....
Double tap on resistance suggest another leg down - supporting equity and crypto upside Best, Hard Forky
Watching the $28 for a intraday short on UNI. - Peak on 17th - 8%-14% price drop - tiht stop above $28 / horizontal resistance - light leverage - In line with BTC strategy Market feels a little pumpy so some additional risk here. Will review Friday. B, HF
Expecting BTC to play out as follows over the next few days: 1. Short down to set a false bottom 2. Set final high 3. Short down through false bottom and liquidate late longs 4. Fail to set new high - cue bearish sentiment 4. Break up to challenge ATH - Unclear on ALT behaviour at point 2, I seem to remember price declines under this pattern but this is not in...
I think I just nailed the bottom. +$250 Target Best, Hard Forky
Expecting final test of support at $45,100 Manipulation in the price on 13th Sept has turned sentiment and created doubt. Perfect conditions for accumulation prior to rally. - Expecting BTC either breaks up here or pulls back to descending support line which has failed to hold twice, ALTs might struggle today during pullback - three's the charm at $45k...
I've been watching this pattern for the last few days on the sidelines expecting an ALT squeeze before the next leg up. - There are many similarities to historical patterns and this looks like an accumulation point / Stop hunt. Possible inverse H&S - This last dip -today - Historically this play will only last (on the 2 hourly) around 3 bars and BTC should hold...
Sketch of SOL Watching for H&S over weekend to complete then break down to Entry Point of interest @ $135 support (Ascending and Horizontal)