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BTCEUR

BTC - Extreme Danger ZoneYesterday I uploaded a view on BTC. This is what happened. It tried to recover the price but ran into the base of the triangle and rectangle marked on yesterday's chart. I bring you the enlarged image for better appreciation. To summarize. The most sensible thing to do is to wait until we are in a safe zone to trade. At this moment it is very dangerous. be careful! MAGE YOUR RISK! The loss you take in case of failure should NEVER be more than 2% of your total capital. NEVER. You invited to share your vision in the comments. Thank you
Short
by vongovar
Be careful - Wait for next bottom (long VIX?)Hi folks! I think we are in a macroeconomic state that suggest extreme caution with ones investments, so I would personally rather stack up on something like VIX futures than anything else these days - se the linked post on my macro take). Note that the big stock indexes (Sp500, Nasdaq, Dow, Nikkei, DAX etc.) also have horrible technicals right now. However, there might be decent trading opportunities in volatile assets, and we have seen time and time again that the trigger for trend reversal is a strong bullish divergence at the second big bottom on the 30m/1h on BTCUSD. If we see this now, it might also be a decent time to start a DCA again for People Who sold in time. Be careful! Never take the word of others as a given. I wish you all well :) DYOR.NFA.
BINANCE:BTCUSD
by TheDots
Wedge Breakout with S/R flip and Fibonacci confluence The wedge has finally broken out and has created a retest and seems to be coming down crushing, hopefully it keeps going down. The support which was broken yesterday has now turned to a resistance and price bounced off the 50% Fibonacci level. The traders dynamic index has also provided extra confluence with the the green line going below the yellow market baseline. I can finally say all my conditions for this trade are met. Fingers crossed its a win.
Short
by Elvis_ben
4
Options expiration Friday 28.May (buy <25k, sell >36k )Fridays(option expiration): Its not every month it goes down. Seems to correlate with the trend. When negative trend > it has cone only 10-20% down. So max down is -20% around expiration day (since 2-3 years). Exceptions below. Looks like the 25kEUR level can be touched (in May, latest 11.June) -> worse case 18kEUR (that is -40% from this moment) -> reversion next level 36-37kEUR ... 15kEUR will not go there, Exceptions (continue downtrend vs. reversion) - Mar2020 - Sep2019 - Dec2018 - May/Jul2018 - Dec2017 (crash, Jan18 dropped -40% in 30days) What you think?
by mademola