Imagine shorting bottom of range. Could never be me. Get rekt bears. See u at 70k soon.
I hope I wont get memed like decadura with his "easiest short of our lives" idea before this bullrun started. Thanks.
A bearish butterfly is about to form. D needs to be higher than X though so I assume that we will visit the 1.618 (extended golden fib)to make the D and then start a trend reversal. It would also be confirmed if there is a ABC correction playing out, starting from the ATH back then with the low of 3k (wave A) and the long move back up to ATH levels (including the...
I think we will build a H&S Pattern right now and move to the 9k area, then test the lower trendline of the rising triangle. The rest is self explanatory.
Self explanatory for short entrys above 9800. At TP1 or TP2 you can place longs with tight SL. If it goes below the purple trendline, it will crash.
Option 1) Only trade this if you have a short open already at 9750+ Option 2) Wait for the top to short (9880-9900)
If ur in a short now: TP at 9300. Then long to 9600. Then short 9600 and wait for the 9500 level. If bounce go long, if not stay short. See u there
Self explanatory. CME gap will get filled sometime soon.
If BTC doesnt reject from 7,2-7,4k, these are my trades. Enjoy!
These are my thoughts on the BTC price for the rest of the year. Excuse my bad drawing. I was never good at it since back in school. The computer didnt help. :D We are in the biggest falling wedge in the cryptocurrency space and a decision needs to be made this year on how the BTC price will evolve. For the short term we will drop down to the 5600-5800 range...
Keep your eyes on the MACD during this next days candle (14. April) . If BTC doesnt reach at least 7100, there will be a bearish macd cross. My short target for the case that there is a cross is 6962 (fib-level). If this bearish macd cross will get avoided by a high BTC price tomorrow, wait for a short till 7300 (CME gap). Keep looking at the MACD and figure out...
trade at your own risk and dont get rekd. im short at 6900. peace
Short in the 6900 range and if you are long TP there.