PERFECT TIME TO FILL THE CME GAP (9600) - (AOI #1 hit liquidity)-Yurlo (Please give this post a thumbs up if you like the visuals) 👍
CME gap at 9600 has not been tapped since the 10k break (which we stayed above for well over a month) It only makes sense for whales to shake out the lose hands before the next massive green dildo into mars.
In order to be like a whale in the future - you have to psychologically try to think the same as one in regards to what YOU'D to if you could move the market to get rid of weak hands.
Below 10k is when panic and true chaos will start and I'm honestly excited.
LET THE CHAOS FUN START BOYS.
I'll see you at 9600.
Bitcoin-short
BTC Head and Shoulders Pattern Opportunity to short!
BTCUSD graph formed a head and shoulders pattern which created opportunity to short.
I indicated the shoulders and head.
The minimum target is the vertical distance from the head to the neckline starting from breaking of the neckline.
Volumes are acting accordingly.
For BTCUSD, this is a good opportunity to short.
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$BTC $XBT strong run - don't long now and shorts use stop loss$BTC $XBT - After shorting some too early then catching the small run to 11,675 I am going back into my shorts. This has had a strong weekend run up and hopefully for the shorters this gets a pullback down towards 11,250. If this crosses the lower trendline from the previous run (brown line) then it may keep running up. Looks like it should get a pullback down towards 11,2ish but don't be counting on it to heavily. The RSI on the 2hr may be getting towards a peak as well so we'll see.
BULLS NEED TO GAIN BACK 11600 IN A HURRY OR 10500 IS NEXTThis TA was made before we broke up OR down.
As you can see we broke down, and are somewhat following the arrows originally put in.
Bulls need to gain 11600 or 11000 will we wiped out, leading to 10.5k retest (BIG LEVEL)
Time will tell.
I've shared both sides for you, now we let the market move.
BTCUSDT 1D | Bitcoin market overview: Local downtrendHello, dear subscribers!
In the last review we wrote that the bulls were testing the upper limit of the trade zone 11,800 - 11,900.
After the bulls failed to pass an important border, the price of Bitcoin dropped to the lower border of the trading zone - 11,100 - 11,200. This movement formed a local downtrend. In case the bears managed to break through the zone 11,100 - 11,200, the next stop will be 10,600 - 10,800. MACD and RSI indicators are in the decline zone, which confirms the downtrend.
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$BTC Short After reconsideration while looking over the daily chart all im seeing is another run down toward 10k. The RSI is still pretty high as well. Even if you fully dont believe it, its always good to have a hedge portfolio just incase btc starts losing value overall. I am not short longterm and expect it to bounce off 10k if it does make it there. Let me know what you think in the comments section.
Link bullish as F a 4.4 ,4.2 and a 3.5% wick to the downside on the 3h makes us extremly bullish .On the daily, 10ema retest had very good response . As Link is trading again in our lower chanel we are expect some medium resitance at 9.88 . The big one is our higher green line around 10.02-10.04usd/link (binance chart) ....Once that breaks TP levels are 11 and 11.4usd/link.
LONG.
*BEWARE* WYCKOFF DISTRIBUTION IN FULL EFFECTThis looks like a classic short based on Richard Wyckoff Distribution Schematic. Twitter and everyone is so bullish and Fomo'ing. Funding pays shorts. Long to Short Ratio favors Shorts. Maybe some more up but looks like the big picture shows a massive dump coming in the near future... Beware and trade smart!