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Blackbirdtrading

DENT short setup comingDENT is continuously falling inside a descending channel since November and there is more to it. Analysis: Found 2 bearish orderblock which are untested so its a high probability before continue trend they are going to be tested Broke major structure, found support on 4h block and going to test the upper 4h block as resistance which is near order blocks Entry prices are on chart take action as per Price Action. Why? Because Birdy trades what they see on chart not what they think will be on chart.
Short
by BlackBirdTrading
BTC where is the bottom Part 3Hi Birdies, So many week passes since we did the bottom analysis so here it is. Analysis The Blue block is the order block which has higher chances of hitting because its getting support from 200 Weekly-MA The Gray block which is untested and as per Smart Money concept everything should be mitigated. Also it is getting support from 300 Weekly-MA This Gray block also has higher chances why? Because in covid-2020 BTC bottomed on 300 Weekly-MA the Red Dot Actions BTC will retest 50 Weekly-MA before coming down so 43,000 - 46,500 is the point of short Meanwhile do swing trades and stay safe and blessed
BITSTAMP:BTCUSDShort
by BlackBirdTrading
9
BTC what is on the way 3Hello Birdies, BTC on the fib channels and what it is showing. Let's talk about the blue line first BTC twice hit that line and shows a fall of 7%-9%. RIght now it is trying to break it again once it is broken, there is a resistance ahead This resistance previously was a support but BTC unable to hold it and fall from it 3 times the last time it join hands with blue fib line the latest crash. After that we have another important resistance line which caused BTC to fall from 48k. We feel this line with the next red fib line will be the cause of most awaited short. If broke, the next resistance line is the shadow of ATH. So for all the moon boys you are targeting 50k I don't feel we are going there before going to 30k or 22k. One more thing if this blue fib act as a strong resistance again we may visit 37k-38k
by BlackBirdTrading
8
BTCUSDT where we headed Hello Birdies, Lets analyze BTC once again. @VincePrince just posted same flag while I was writing this :) Chart: BTC making a huge bear flag We plotted 3 resistance which is in play (which can you help scalp the BTC ) 2 resistance are from ATH of May and Nov 1 is a local resistance. Trend based Fib time Analysis: Price is squeezing between bear flag bottom and local resistance We may see a bounce and if it hold support @ 41, 500 Start bull trap which will end at Nov ATH around 43 000 to 44, 000 Go short start of capitulation Expected time for all of this is plotted using Trend based Fib Time it says 11 Days.
Short
by BlackBirdTrading
4