reiiss7

reiiss7

We have a point at 32.7k where all liquidity gets taken. Here, we can see a good bounce followed by a possible retest of Supply at 43.2k. If you think price cannot go as high as 43.2k again, you may be mistaken. At this point, many people will be expecting new highs and Shorts rekt. A drop below 32.6k can lead to price going as low as 21.3k next.

reiiss7

Looking like a good bounce zone here if it reaches would be a good potential Long for a little bit

reiiss7

I am Short of course, but looking like a good Wick buy if we reach

reiiss7 Updated 

Volume has dropped significantly and we had a nice wick on Lower TF. It's time to drop. ETH/BTC also hit supply zone. Lots of Long Stop Losses available.

reiiss7

I noticed a lot of drops that simply did not dump, and I have closed Shorts and opened a small Long. If I get this wrong I don't mind, but I would rather not be Short in this case. Most of the market is Bearish, and I don't want to be on the side of the majority. www.coinglass.com

reiiss7

It looks like BTC is ready to Correct, firstly to around 40.8k then possibly to 36.4k as we never tested that point. For now, we are expecting a drop.

reiiss7 Updated 

It's very likely that we have now topped based on a number of factors like absorption, RSI etc. If we go any higher we can visit straight to 45k But for now I will open this Short trade to 33k and 28k areas

reiiss7

Russia Ukraine War News broke out at 52k, we are about to go into War so this would make sense. If we reach this price it would be a decent short, although expect price to go up to the low 60k's before dump as there could be a lot of people thinking the same thing as me.

reiiss7

BIG orders there. Let's see what happens. Maybe a flash crash? Bound to happen at some point soon.

reiiss7 Updated 

I can see an Upthrust coming and a lot of people would buy on this breakout. I will be Shorting here and looking to TP at 31.5k and 28.5k

reiiss7

If we rise above 38,150 there is a good chance we make another high so I will be making this trade for today as it looks like we can drop. Our TP is where all Stop Losses are around 33k

reiiss7 Updated 

All Crypto is about to drop harshly imo and XRP gave a good R:R here

reiiss7

The Rising Wedge has a good chance of having completed however I am wary of 38.8k hit. I am short but waiting for another test for Support and Supply zone retest and drop before increasing my position.

reiiss7

Really this type of Manipulation is not okay. This only happens in Crypto lmao.

reiiss7

I reckon this fractal is going to play out good luck bears

reiiss7

We have a false breakout on the RSI and a bearish RSI as well. Buys are getting absorbed. TIA has been rallying for several days, and it's time to drop.

reiiss7

Plan for the Crypto market is to wait for Bulls to get liquidated and then Buy at the real support before 40k+ comes

reiiss7

Bitcoin went higher than usual on anticipation of the ETF and we should now look for a Short around 38.6k, on the basis that it creates a harmonic pattern and false breakout. It is unlikely that we shoot past to the 40's just yet, but I believe we will break 38k and fall back down on Friday.