Price couldn't breach ATH and now it's trading inside the bigger Range again. Currently momentum is slowly shifting to the downside. It's trading below MO and as long as the price stays below it, this a short for me. Good luck. Follow, like the idea and feel free to leave a comment if you like it. Check out other ideas if you like this one.
There is no doubt here, BTCUSDT had a great run from the begining of the year but the indicator are showing the end of this Bear Market Rally is near. Been posting short setups beacause I believe this is the end of the Bear Market Rally and not the start of the new Bull Market as many infulencers are saying. If we get a squeeze to $25300 or above with a SFP,...
INJ one of the stronger alts today but still think it's going much lower. I can see a Double Top forming on HTF just needs a confirmation below $3. In this LTF trade I'm waiting for price to go under $3.61 again, that would be a deviation of the LTF Mid Range and my trigger to short it. First target is Range Low at $3. That is a big level for INJ. After that...
Shorting FTM here beacuse I believe this will end up being a LH. Thats why SL are above last Highs. That's where I'm wrong. This a Mid to Long term play with lower risk. Thats why SL is so wide.
Matic is at a major Montly resistance level and it's forming a LH on lower time frames. We can see that the momentum is slowing down and this could break down soon(not rulling out some scam wicks up before it breaks). Scaling in shorts here with Stops above last high. If Stops get triggered, will wait for price to get back under $1.55 to pull the trigger...
Still Range bound but I think this will unfold and go to the downside in the near future. This kind of moves happen quickly and it's hard to get the perfect entry when they start. So I'm starting to scale in here. Sol to single digits this year. Follow, like the idea and feel free to leave a comment. Check out other ideas if you like this one.
Think this is a good position from risk reward aspect to take a short here on lower leverage. I think OCEAN is forming a LH here and it will break down soonish. These are difficult time to short if you are emotional so it's important to turn off emotions and follow your plan. Good luck.
Optimis pumped on the Coinbase hype today and it made a SFP at Range Highs on the daily. Took a short here with SL at todays Highs, this is a swing play for me so I expect it to play out in few weeks. Mid Range is the target. Follow, like the idea and feel free to leave a comment if you like it. Check out other ideas if you like this one.
Lido made a bearish retest here of the Range High and if the idea is valid it shoud go down to Mid Range. This is a big level and the SL is tight beacause it could sqeeuze higher. If so, then it will probably run higher. It's a 15R trade, that's why I wiling to take this trade. Good luck. Follow, like the idea and feel free to leave a comment if you like...
INJ is looking like it's forming a Double top pattern here on a Higher time frame chart. The Double top will be confirmed if it turns $3 from support to resistance and that will be my 1st Target, 2nd Target Mid Range. I'm not rulling out a one more push into the 4H block so I'm slowly scaling in, wrong if we see acceptence above $3.75. As I said before, all...
In my opinion this is a LTF distribution and still think we will go down soon. We can see a SFP of the last highs on 4H and that was my trigger for shorting. Using a tight SL since the short term trend is up. Let's see what market gives us from here.
We can see DOT is forming a triple bullish divergence on 1H and that is usually a pretty good sign for a long in crypto. DON'T RUSH THE TRADE. For confirmation, first we want to see the price to go back above $4.42 and hold. That will be my trigger. Stops will be at the last low at $4.37. This is a short term trade, I believe DOT will go lower in Q1 2023, so...