CJackiedaBear

CJackiedaBear

BITSTAMP:ETHUSD continuation of the trading idea. After playing the MM and setting up the base range 1080-1250 on weekly played the .382 retrace back to daily 21e and huge liquid zone set up in May 2021. Closing weekly candle below 200e does imply a move lower at least to 1250 which is conluent with daily 200s and .618-.66 golden pocket.

CJackiedaBear

CME_MINI:NQ1! reacted well over .618-.66 golden pocket and 200e/200s ribbon on daily chart. Not much holding a price down to 12000.

CJackiedaBear

GBPUSD stayed all week in range and closed first 4h candle below it. Basic plan is short a retest if it with a wick even to 1.18, take profit 1.165

CJackiedaBear Updated 

BITMEX:XBTUSD made a nice test of broken consolidation. Waiting for more Price Action in this region before probable liftoff. Targets from previous analysis still valid: 15400 (safer) and 17800

CJackiedaBear

One of the fast trading ideas for BITMEX:XBTUSD . Good volume on 4h so far. Daily still behind but still time to see the reaction. Nice close of weekly. Good trade to enter on pullback and hold long to 15400. Risk easy top manage below 4h 21ema.

CJackiedaBear

As BTC is slowly filling up consolidation pattern PA rests in 3700-3750 USD support zone. Breaking down will mean this area will become solid resistance, increasing probability of resolving this situation to the downside. Although any bounce and close above 12H 200 ema would mean change the behaviour and may lead to pump to 4900-5250 area. As this is bearish...

CJackiedaBear

As always closing longs or hedging them approaching major resistance is a good idea. This situation clearly shows how important is to work on higher timeframes before moving to lower ones. Still waiting for todays and also weekly candle close on BTCUSD but as of now looking at volume and how price action rejected the weekly 200 ema may be telling that bear market...

CJackiedaBear

First of all this is our first published analysis. We'd love to know if it's helpful to you and what can we include in future publications. Instead of telling where price is heading we'd like to point out some major pivots and triggers on BTC price. Also, based on them it is relatively easy to make some profitable trades without gaining too much bias either...