reiiss7

reiiss7

This is clearly going higher I think Last Point of Supply at 37.3k before drop

reiiss7

Missed the Short? Adding a higher leverage position here before 33k. Stop Loss above 37.1k (above the Point of Control)

reiiss7

Expecting a drop here as we have broken the trend. Very likely to be a bounce at 33k as we will take all liquidity there.

reiiss7 Updated 

The last macro supply demand has been tested - well there is one more to go. Not sure if it hits but just in case SL is above

reiiss7

I believe after hitting support we will finally test our Supply zone at $3.3k all shorters will be eliminated. ETH/BTC is due for 1 hell of a bounce/rally

reiiss7

ETH/BTC is still in a harsh downtrend. If we see BTC drop we could see ETH drop down to the low 1500's and bounce off of the bottom of the channel.

reiiss7

In this patterns quite often we can see a very large retracement. In fact, we may even take every single Stop/Loss and break under 30k to scare people. As is in trading, we should only Buy when everyone is panicking/liquidated, so for my main order I'll be waiting until the Final Stop Losses are taken out. There is also an imbalance, which many won't consider.

reiiss7

Currently short at 35.3k until 32k. We should see a large dip where we can buy and hopefully price does not drop under 29k, as I believe we are going higher still. We have still not hit start of bear market supply zone at 45k

reiiss7

Shorting what I believe is a Fake Inverted Head & shoulders, as I'm seeing Distribution on small time frames.

reiiss7 Updated 

We have an important point at 32.4k ish, I think we may dip under this a little before going back up. I am looking to buy here. The weekly is strong and the monthly is strong. A perfect environment to induce bulls into buying at the supply zone. I will make these trades, and review again if 41.2k breaks. Good luck with your trades!

reiiss7 Updated 

The Re-distribution in Crypto is painfully clear to me. That said, I think we can see 1 last hoorah. DXY may need a couple more months to continue its uptrend, so for now we may see sideways in the high 20's for a while, to ensure retail buys high. To propel Bitcoin to the 1.4 Million Double Bottom figure, we need to retest the imbalance which is slightly under...

reiiss7

I can not say how long this Short will last, because I am currently viewing Order Flow and watching Live to look for clues. But at the very least, if you were scalping, here was a great trade. Buying volume exploded high above the last point of Supply, but price did not. Therefore, we can see there is likely Buying Absorption occuring, as we also have upper...

reiiss7

I was out enjoying myself holding short when this was happening, as I expected lower. I did not get the chance to have a closer look at the volume indicator on Coinbase, which is what I really should have done, as it would have allowed me to buy the bottom. But we all have stuff to do. Now my opinion on the market does not really matter as we have to keep...

reiiss7 Updated 

Liquidity of the red line has been taken, now it's likely to fall back to the Imbalance at the Blue support area

reiiss7 Updated 

It seems like Bulls are forgetting about the Monthly candle. The weekly seems to be baiting bulls into buying (and holding) the Weekly RSI divergence which hasn't even closed yet. Chances are we could have a Sunday, dumpday to nail that back down (after buyers have already bought the top and shorts have been liquidated). What is realistic is that we may just...

reiiss7

We have heard a million different numbers 24.2k... 23.6k... 22.8k... 21.5k... 20k... So what would be the potential psychology? My guess is that ALL of these get broken. Every single buyer gets destroyed and even 19.5k Stop/Losses get taken out. This would get every man and his dog shorting/selling, thinking 3k is happening. And it could... the news is not...

reiiss7 Updated 

One can only imagine how many shorts have stop/losses above the 4 hour shooting star candle from yesturday. We have a FED event today. My estimation is a bullish speech to bring price up to the trendline and take out Stop/Losses, and then we can begin the descend towards the 17k's.

reiiss7 Updated 

We have 2 main supports - the 24.2k imbalance and the CME gap fill here Let's find out where we land on. Currently im short from the 27k's.