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Bitcoin-short

ARE BULLS SWEATING YET? I THOUGHT WE WERE GOING TO 16k? ~ fomo-Yurlo Please do me a favour and smash that like button 👍 So i've been hearing an awful lot of trash talking coming out of bulls "buyers" lately. First of all bulls failed to break $11,000 not only once but TWICE with a clear rejection below $10,800 heading towards the support level and prior historical resistance which was the resistance for the entire 2 and a half year bear market. Second of all bulls are "so confident" we're going straight to 13.8k, and even 16k. In my perspective until buyers reclaim $11,000 I'm bearish because if this keeps up I don't think $10,500 will hold much longer. Third of all, lose $10,000 & I think we see a BLOODY October. As always, best of luck to you all and have a great rest of your Tuesday afternoon.
COINBASE:BTCUSDShort
by Yurlo
27
2ND COVID 19 WAVE AROUND THE GLOBE ~ (hyperinflation crash soon)-Yurlo Good morning to the trading community. I hope you've all had a fantastic week within your personal life but most importantly in your trading journey. We've recently seen wave 2 of covid 19 start to surface around the world. Every country around the globe has been printing $$$ to prevent inflation/hyperinflation to occur. Has this stopped the economy/stock market from crashing before? NOPE so what makes you think they can stop it again? The answer is THEY CAN'T. What we're about to witness in this world will go down as the worst crash since 1920's. What happened after the great 1920 crash? The cold war, which helped create jobs and help boost the economy which took YEARS AND YEARS to stabilize. Are we going to see a repeat of this in the next decade? Downtrend initiated on August 17th, 2020. Since this date we've had 4 validation touches on the trend-line which gives a trend strength. 2nd touch: September 1st 3rd touch: September 19th What we've seen is a possible exit pump for the players that got trapped to get out or close and open a new short position before all hell breaks lose. Get ready for hell because it's coming and there's nothing any of you can do about it. Enjoy your weekend fella's.
BYBIT:BTCUSD.PShort
by Yurlo
26
$9800 IS COMING FASTER THEN YOU THINK ~ fomo gets you liquidated-Yurlo (please tap that like button for me) 👍 Bulls are blinded by the hopium and fomo around the space and even if they wanted to see bearish momentum they’ve convinced themselves (mentally) it’s going back to 12k (a safety net) so “fear” isn’t seen, which turns to “greed”.... That’s when we’ll end up back under 10k It's a trap don't fall for it and attempt to catch which could potentially end up being a nasty red week be cautious and play it level by level if you're trying to long here it's dangerous $BTC / $USD Congrats to those who who shorted the top of the range instead of fomo longing the top screaming for 14k like a 5 year old (let this drop be a reminder that market psychology will blind you in terms of you visualizing things that aren't going to happen, an illusion) Buy low, sell high, rinse, repeat
BITSTAMP:BTCUSDShort
by Yurlo
8
Short scalp idea ~ ($10550 should be visited soon) BEARISH BIAS We've seen 5 candles in a row (4 hour chart) that have made lower highs, once sell pressure picks up (could be after a liquidity pump or soon) we'll also likely see a lower low which should enable a descent to $10550 neighborhood. Lose $10500 and it's likely we visit $9000's again! "buy low sell high" ~ we're currently $1000 above since the local low ($9800) which tells me to short any pump i see until $10550 is tapped for a retest on the BARE minimum. The definition of insanity is doing the same thing over and over again expecting a different result. So why do you keep longing the top and shorting bottoms? You vs your ego friends. The market is literally deigned to tap into your emotions and tamper with your bias AND YOU STILL LISTEN TO YOUR GUT RATHER THE TECHNICAL ANALYSIS YOU MADE IN ORDER TO MAKE A TRADE IN THE FIRST PLACE stay broke idc the market has cycles and history always repeats itself sooner or later. -Yurlo
BITSTAMP:BTCUSDShort
by Yurlo
6
Descending wedge being formed on (Bitcoin) ~ Rejection from top-Yurlo (Please HIT that like button for me) 👍 In the last 168 hours (12 hour candles x 14 bodies) ~ we've seen lower highs with rejection on each major body leading to a bigger candle to the downside. ~ each of these rejections being around rejection points, which I feel we're very close to one in the few candles. (1 - 3) Also strongly feel this descending wedge is just being formed & more ranging to go ~ Will provide updates on this post likely tomorrow & in coming days. Cheers ❤️
GEMINI:BTCUSDShort
by Yurlo
3