Ozz44

Ozz44

I can’t wait anymore! ;) Fundamentally, I see that it smells like a good SHORT. I will start shorting starting from R1. Despite Asian session buys everything on spot...

Ozz44

So I didn’t trade for the last several days as this was just an insane stuff because of Elon. Now the dust has settled and I can see at least something. Generally BTC is bullish, but I will wait for a local pullback. I will start buying at 42k (S2). 40k-37k breakdown will lead to a revision of my current vision

Ozz44

Technically we are now at "price discovery" stage. Fundamentally, $ETH is really overbought (sorry guys haha). The fee is crazy which literally kills all the Ethereum-based DeFi. I am going to short this scenario at higher levels as mentioned on the idea.

Ozz44

That’s what I’ve been talking about in the previous post and here we go with a new bull trade for the recent days. R1 is currently a support area. I am waiting for a new high. R1/S2 are key stop loss levels

Ozz44

Generally I am currently BULLISH on BTC. The high occurred due to the Elon Musk's tweet is gonna be tested IMO. My vision will be changed in case there will be a flat at 29-31k price levels.

Ozz44

$ETH tapers in a cone. Even after its breakout I am not sure what move is there going to be. Currently no positions are opened

Ozz44

The week (1W) will most probably be closed higher. Locally we are now in resistance. I will try to find some LONG setups during upcoming pullbacks. In case 29k is surpassed, this scenario is invalidated.

Ozz44

The entry point we had this morning is missed by my side (well, I slept well) in case of S2 breakout. Generally, I am thinking about opening LONG while having a local pullback.

Ozz44

Currently, I am waiting for a short up move. However, the current trend is bearish. I am waiting for R2 breakout in order to open long positions

Ozz44

I am starting to find short patterns. In case of surpassing S2, I am gonna short.

Ozz44

The current range gradually converges, while we are looking down IMO. The key levels are R2 and S1, the breakout and consolidation of them will determine the situation for several days ahead. All other levels are only for position adjustment

Ozz44

$BTC continues its corrective fluctuation from 42k. Buyers were inactive since the night, closed the 4-hour candlestick at 40k with "bearish engulfing" and no longer resisted today's sales. Goes into flat. The buyback started only from the upper border of AZT (D1) - $BTC is clamped in a range (flat). - An additional confirmation is needed to reverse the bullish...

Ozz44

I am bullish on $ETH. My LONG is opened. The first target of mine is 1300. Will close my position partly at this price. re $BTC, I am a spectator now. Will share my point of view this evening. Cheers

Ozz44

So the previous 1D candle closed well enough, as well as 4H. A standard buyer's test - hit the last low, close higher. Thus, a new HL was formed. Confirmation by price action - PPR. Generally, you can start looking for purchases again. The picture is similar in Ether. If we will reach 37k+, I will be buying more.

Ozz44

Looks like we are currently flat-based. No positions are opened by my side. IMO most probably there will be a brutal assault of 30k once again and 23k after that

Ozz44

So it was extremely risky to keep 40k further, taking into account that $BTC had a growth starting from December 11 (28 days) by $ 24.000, at $850 per day. What do we see on the chart? - Buyers failed to break through the important resistance of 42k and did not secure 40k. - Broke down the 47 RSI level on the 4h timeframe, which has been a strong support since...

Ozz44

Well, so basically we've filled the previous stoprun which started at 38.250 and lasted until 41.800. It means currently SHORT position is more preferable despite I thought $BTC will reach $44k before this. Funding rate is still positive tho.

Ozz44

Short 23k CME gap & consolidation after BTC reaching 36,5-37k$