reiiss7

reiiss7 Updated 

Looking to Short 0.489, as it seems like this is Redistribution still

reiiss7

A retest of the Preliminary Supply area. 104k was never tested. Buyers are waiting at 80k, 83.6k, 88k etc. So here is a perfect level to burn everyone. Ethereum dropped to 2k, and if it drops to 1.7k, 1.5k etc there will be a strong bounce again. Not many people are expecting this level. It might just drop to 68k, 58k etc. But here is a good level for me to...

reiiss7

Shorting the Monthly open is not as easy as it drops and you make money The situation changed, the fake pump already happened now 98.3k hold, for a final 104.1k monthly open liq pump SL 107.7k

reiiss7

Along the same lines of my ETH idea, the annotations speculate what might happen

reiiss7

If we get a Monthly close around this level, it will look awful (Shooting Star with a HUGE wick) A lot will short the Monthly close. ETH can take liquidity around 3469 and drop (Weekly Bear liq) or go higher to 3925 (Max pain for Bears) Bulls would be in profit but the Falling Wedge would encourage them to hold their positions, only for them to get liquidated...

reiiss7

With Trump coming into office, there is a chance of a huge blow off top. This is where I would be selling.

reiiss7

I've been thinking about scenarios where both Buyers and Sellers lose money the most. This is one of them. I'm making a note here as reference in the future, should this come to fruition. Preliminary Support for ETH is mid 700's, where I will be buying. Probably around 736. It would make sense here to create a Bull Flag / Inverted Head & Shoulders, as to...

reiiss7

Supply zone is around 104K Good chance it front runs sellers and hits the imbalance around 103.3k then drops Who knows :)

reiiss7

It seems likely that we are in Redistribution Phase B, with a TEST stage likely hitting the imbalance at 3456 area to take out late Shorts. Don't be surprised to see Crypto going sideways up for 1-2 weeks. Target 1 - 2970 (69k/70k ATH Retest for BTC) Target 2 - 1679 (33k for BTC) Target 3 - 375 (7.5k for BTC)

reiiss7

Time to wipe out all Shorts before the Crash actually happens I think

reiiss7 Updated 

Expecting a range between 3k and 4k for a very very long time.

reiiss7

I think we can liquidate everyone under 3600 and hit the supply zone around 4050

reiiss7

Looking like a Fake inverted head and shoulders within a Bear Flag type of thing. Demand Zone around 88.3k

reiiss7

Looking to Short SOL here. Fake bull flag within Distribution back to the demand zone

reiiss7

Hitting 99.5K (99.8K on Coinbase) and dropping seems too easy. Maybe it is the top. But I'm starting to think something like this could play out. We have a clear Buying Climax, Secondary test and Upthrust. It looks like we have a liquidity grab next between 83.2K and 76.9K. Could even go lower to 59K as per my previous idea. Let's see.

reiiss7

New outlook based on recent PA. I'm looking at this area, possibly a repeat of this fractal building up Distribution liquidity. I think we can go lower than many expect right now, but we will shoot back up.

reiiss7

Time to go back to the 1.618, where there is a Retail Trendline. Lots of liquidity to take.

reiiss7 Updated 

Headlines are all Bullish - time to Sell! If we take a look at Ethereum, there is not much to suggest a Bull run. And so, I would say we will not reach 100K. 93.5k works well.