Buysellsignal
Celsius (CEL) Short Predicted! With all of the recent Celsius drama going on (their insolvency and halting withdrawals), I'm going to cover some TA that predicted this short and could've saved you some money.
Looking at the 3D chart we can see a few things. First, I have the Whales buy-sell indicator and the VMC Cipher B. We can see CEL is clearly in a downtrend by the teal line I drew that's being respected as resistance every step of the way. Secondly, the purple lines are weekly support that are continuously being broken.
The Whales buy-sell indicator is great for predicting trends and is something I used in conjunction with the trendline resistance. You can see that multiple times whenever we came up to the trendline resistance, we also received a "Sell" signal. This caused me to enter shorts along the way and ignore any bullish signals I received. It's also more powerful when you receive a red dot on the VMC indicator AND a "Sell" signal at the same time (as highlighted near the beginning of 2022). This price action reminds me of LUNA and I'm not longing CEL at all, especially since I believe the coin will go to 0 soon because of their issues.
Both indicators, combined with my TA of trendline resistance and horizontal S/R helped keep me in my short positions and save money.
If you have any questions on the indicators I used or my TA, please leave a comment below or send me a DM :)
Called The Top on ETH! In this post I'm going cover the TA and indicators I used to call the short on Ethereum!
The current indicators I'm using on the 4h chart are the Whales buy-sell indicator (mine), VMC Cipher B (free), and RSVP Extractor (mine). Looking at our major support/resistance levels, we can see there is Daily resistance on ETH at 2160, as well as Weekly resistance at 1884 and Weekly support at 1397.
The first major short opportunity I saw was the Red Diamond indication on my RSVP Extractor (outlined by the first vertical blue line). I saw we were below the 200 EMA so I was only going to look for shorting opportunities and it played out perfectly (shorting ETH at 1980). Next I received another Red Diamond on June 6th and shorted again at 1900. Finally, there were two more shorting opportunities which came with the combination of the Whales buy-sell indicator "Sell" signal and the VMC "red dot" combined, which I love to use together. That was outlined by the green circles I drew. This also coincided with the trend line resistance I drew as well (teal diagonal line).
The next major support I'm looking at is 1397 on ETH. We may or may not get there but that will be your best R/R position for a long. There's currently an oversold "Moon" signal on the RSVP Extractor so we could have short-term relief but I'm not holding my breath.
If you have any questions about the indicators I use or my technical analysis, please comment below or send me a message! Thanks for reading :)
Polygon MATIC short Entry Range, Take Profit and Stop LossMATIC/USDT short
Entry Range: $0.57 - 0.64
Take Profit 1: $0.51
Take Profit 2: $0.39
Take Profit 3: $0.26
Stop Loss: $0.74