Too many down-trending arrows, not to take this scenario into consideration. Levels for shorting are obvious. Take care, have fun and don't forget your SL guys.
If BTC surpasses 7500 without rejection, will be looking to short it in 7900-8000 area.
Would love to see this.9200 seems to be a nice support zone, after it flipped. Tight SL because of lev. TP a lil bit lower than the ascending resistance trend-line. R:R is pretty nice, so it should work well. My only concern is the RSI on all time frames.
Yeah, yeah, gaps, I know
The correlation between pumps and dumps is obvious. I would go trying to use this rule. There were some exceptions (see with red X), but with a stop loss, you should be fine, and in great profits in the end, after few trades.
All the indicators look like SH** to me. Low volatility, with all of them in the upper tops. Looks like a retrace to 8600-8800 is inevitable IMHO. Be careful not to get caught in a tight squeeze like it happened on Oct 11th. Good luck guys.
I am going short on short-term and long on mid and long-term.
It is unclear where BTC is going next, up or down. Long-term it is down to 6200-7000, mid-term up 8800-9200, short-term unknown.
I will try to stick to the RSI pattern from previous moves. As soon as RSI breaks the resistance trend I will go long. Now I am out of trades, because the situation looks pretty flat to me. As long as BTC moves further down and breaks...
Me, myself will open longs only after confirmation and it doesn't matter wherever it will appear, here, at 7700, 7200, 6200 or even 3k. Until it doesn't make a 15% reversal move it looks like shit to me.