Zuhru

Zuhru

BTC just loves to do fake breakouts. I think one can be profitable just trading fake breakouts. Here is a fakeout of a new LTF triangle below the MTF descending triangle. It was a doble fakeout. In 4H we can see a Bearish Flag. Confluences keep adding. I maintain my Bearish Bias and I think that the probabilities are in favor of a Bearish movement. Just in...

Zuhru

Yesterday was an interesting day. MMakers faked out a Falling Bullish Wedge. But besides that trap and the bullishness of the masses pre Halving, we are going down! At least thats the most probable scenario IMO. I posted here my thesis time ago that this HTF Range was a Distribution. I was right. Moments ago we had a perfect retest of the Descending Triangle...

Zuhru

Price its in a very particular place in this moment. Upside we have some 4H / 8H FVG calling price up. We can go there, fill these inefficiencies and then keep falling (I maintain my Bearish Bias). BUT there is a lot of Negative Delta and you can check my previous analysis regarding my Bearish perspective for the short / medium time ahead. Two...

Zuhru

Its starting. My previous analysis were right. If you want to be profitable in this business, you need to do contrary to the 95% of traders. When everybody is bullish regarding Halving, Im bearish. Be smart. Think outside the box. Act like the 5%, not like the 95%. Buy with the rumor. Sell with the new.

Zuhru

Most possible scenario: bearish movement. If price manipulates to the upside, a good zone to analyze reaction and look for a Short (if there are confluences in that moment) would be close to 67k (POC + Rising Wedge Bottom Retest + 0.382. If price keeps falling, maybe on wednesday we will put a bearish Low at 53 - 52k. Obviously price can bounce before that but...

Zuhru

Here you can see lots of resting Liquidity below price. Lots of Poor Lows and OBs that need to be Mitigated. Market has more reasons to go down than to go up. After recapitalizing some decent amount of Liquidity price will go up. Even if you see an upside manipulation movement be ware that price NEEDS TO GO DOWN! Dont trust in the media. Dont trust in YouTube...

Zuhru

Look to all this Negative Delta. We are on Daily TF. BTC will fall and I strongly suggest that you protect your capital. When media is fully bullish, and everybody is talking about BTC going to the moon and the bullish effect of Halving.. thats the moment when MMakers will rekt almost everybody. Remember this wise phrase: buy with the rumor and sell with the...

Zuhru

Update 3: I keep my midterm Bearish Bias but I think that its very probable that price will go up to wipe out the actual ATH and then will fall frightening everybody before and during Halving. Market Makers will accumulate all they can and when they are ready, price will go up to new ATH territory. However, I have 2 possible scenarios in this moment. I think...

Zuhru

Yesterday, before the huge fall, I posted: "A lot of Bearish Confluences. The crown: Daily Rising Wedge completed after price cleared all the Poor Highs + Resting Liquidity in the Top of the Daily Range. Be safe." Fall confirms my Bearish Plan. Not sure how far BTC will fall but its very probable that the Daily Range is indeed a Distribution scheme. Protect your...

Zuhru

A lot of Bearish Confluences. The crown: Daily Rising Wedge completed after price cleared all the Poor Highs + Resting Liquidity in the Top of the Daily Range. Be safe.