DickDandy

DickDandy

orm case for the reasoning behind Bitcoin hitting $10,000 and why it’s not as unrealistic as you may think. 1. 10,000 marks the bottom of a bearish trend line I have marked on the linked chart 2. 10,000 corresponds with a bullish retest of a HTF chart pattern marked on chart 3. DXY looks ready to collapse - and with a falling US dollar over the next 0.5-1...

DickDandy

Curved trendlines on bitcoin shows clear breakdown. Good short opportunity

DickDandy

Here is details for a reentry on my short plan for Bitcoin. All details and explanations in my previous posts.

DickDandy

Here is a visual representation of the sell orders on bitcoins chart separated by any recovery gaps, Short away!

DickDandy

Bitcoin is approaching these open blocks of sell orders in the chart. These are leveraged long stop loss orders / Sells. I expect them to fire off like a chain reaction, one sell order into the next at incredible speeds

DickDandy

Here I give a representation on how to draw out order blocks to assist with predicting fast moves on Bitcoin / Stop Hunts. These order blocks are futures stop loss orders. Gaps Below - Sell Orders - Leveraged long stop losses Gaps Above - Buy Orders - Leveraged Short stop losses Key difference from limit orders - Futures stop losses don’t fill if price is...

DickDandy

It’s possible that we drop to the lowest target of around $10,000 - this is the bottom of this bearish trend line shown in the chart. Stay on the side of open mindedness as we enter the weekend on BTC.

DickDandy

Here we see bitcoin following this TA nicely - I’m prepared for a massive drop to occur at this point - per this red trendline

DickDandy

Here we see a good play on HBAR SELL / SHORT Expecting a major dump from here Details in Chart

DickDandy

Providing the numbers for my personal short position here. Entry of 66,400 to 67,120 Stop of 68,400 Targets on chart down to 10,000 See my other recent ideas for a detailed description of this idea and play.

DickDandy

I will explain why a massive drop on bitcoin is not only likely - furthermore it is possible we hit 10,000 and at very fast speeds. The red blocks shown on my chart feed the price down this bearish trend line we are underneath. Those blocks are high leveraged LONG STOP LOSSES. These are massive limit orders to SELL that have not filled until price passes...

DickDandy

I am shorting bitcoin based on this technical analysis shown. Weekly bearish trendline (currently underneath the trendline) - 65,750 to 66,200 entry - Stop Loss approximately 66,800 to avoid a liquidation wick. Based on this TA we look to want to hit a bullish retest at the bottom of the bearish pattern - approximately 14,000. Other levels of interest I have...

DickDandy

Corrected view here on this bearish idea on the HTF for bitcoin. Apologies for my last post having a limited view of this idea.

DickDandy

Here is a 3D view of this massive bearish trend line on the BTC chart. Watch that 65,000 level for a held rejection and be mindful of this possibility in the chart! Personally short on BTC

DickDandy

Here we see a major trend line on the weekly, daily timeframe. Currently price is underneath the trend line (located around 64,400). I’ve marked major supports in white - depending if this plays out, we can potentially see one of these major low zones hit - significant to note the timing with the BTC halving period and also DXY bearish retest on HTF. Personally...

DickDandy

Bitcoin rejected nicely on this trendline. It’s so far respected and interacted with rejections twice at the 64,280 level. Targets marked in white for this short idea. Personally I don’t expect this to be a swing but rather a liquidation speed move - sending bitcoin down to take out the long positions. We shall see

DickDandy

Hey everyone Here I wanted to demonstrate a trend line I have been watching on the higher timeframes. Currently bitcoin is below this line - situated around 63,900 to 64,300 If this holds, we can see potential drop points per the trend line TA DXY topping out can be fuel for this to occur

DickDandy

Here I show two potential bear trap trendlines, price is holding below the trendlines in both scenarios. Multiple contact points on HTF for both trendlines. Drop points marked on chart if these patterns hold valid.