BTC low risk high reward fair odds trade. BTC is ready for launch (short stop losses and liquidations are stacked on bullish breakout which will cause a massive green candle as soon as BTC's price reaches 70k) Lower time frame snapshot
good RR ratio for a potential short squeeze. will be a fast spike it it does
Potential Short Squeeze in play; must cross above the local resistance (~30700). I believe there is a substantial amount of stop losses at the red dashed line which would cause a cascading short liquidation. If it shows weakness after/if it crosses above I may look to exit early.
Potential Short Squeeze in play; must cross above the local resistance (~30700). I believe there is a substantial amount of stop losses at the red dashed line which would cause a cascading short liquidation. If it shows weakness after/if it crosses above I may look to exit early.
Just a possible scenario. Imo BTC will have a whiplash whichever side it choses first ( Bullish Bias). Sitting out till things are more clear
Diamond breakout upwards probably saome SL from shorters that need to be hit let's see
BTC has made a diamond bottom and most likely spike upwards from Stop losses being hit and liquidations.
BTC in a downard channel, SL above breakout point. Low risk high reward
Downward curved channel broken, made 5 waves in descending broadening wedge, targets based on resistances, pattern target and trendlines
Just an idea. I believe BTC will breakdown from its current upward channel
good risk ratio. Trendline broke + backtest & micro inverse cub and handle
Bull falg breakout. Good RR. Targets decided based on resistance and pattern target
short term btc prediction/idea. Thoughts? (no I do not trade based on predictions)
Just an idea. I believe BTC will breakout from its current downward channel soon
"Gosh, that's a very brief description. Could you please tell your audience a little bit more about what you're publishing." how bout now ...
ETC short idea, btc near resistance. is this description long enough yet
Waiting for confirmation (watching volume as well). If it breaks down I will be watching for signs of reversal on key support zones.