Bybitsignal
#Bitcoin Possible H&S in the making As per my original idea I got filled for my short!!
I was expecting a Bearish divergence to be printed but seeing nothing on rsi so far, will check other indicators, there are div printed on 3hr & smaller timeframes once we have them on HTF like 12H & 6H i will be more confident till then take profit at every 100-400$ drop
for now keeping an eye on this H&S in the making, if I got this right we caught the top :)
#Bitcoin - Short againi tried to long based on this idea but was stopped first time around
after seeing the Bullish diversion (green on current chart) we longed once again from 8700 & still holding!
now I am looking to enter another swing short this time for the final time, we are approaching the apex of the triangle & break on either side is imminent, this will be a hedge to current ongoing long position from 8700
as I mentioned on Telegram while giving signal this one is risky, we are looking at possibility that price will follow the way we want, Bounce from 9300 print a bearish div at 9820 & then dump down, in market nothing is 100% certain it is all probability, we can just easily breakout on the upward from this triangle but it is worth the risk!!
so I will be using 1% balance for now Once we confirm the diversion or rejection from triangle resistance I will add more to my position.
gone SHORT - Gainz Mastering the MarketAfter locking in the 15% Gainz we made this morning, we have re-entered the game for further profits
If you get this in time, enjoy your profits X
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Nearing BTC local topNearing the top, reasons are as follows:
1, SuperStoch has been very accurate for the past few months and is currently saying we are up for at least a dip
2, Near .618 of the move down
3, Multiyear trendline acting as resistance
4, Near daily block
Could potentially see a pump into the golden box before rejecting and moving downside for B wave.
Houston, we are going downtown. Bitcoin "break down".Hello friends,
Enough of the nonsense with people posting about nothing.
This chart is clear as day.
People were "bullish" on this ascending channel.
The channel has broke down and is trading as resistance.
Which we are still in the same descending channel as shown above.
The move is down. The low is not in.
Do you smell the blood yet?
Thank you hagd :).
Disclaimer - This is not financial advice - pure chart speculation.
#BTC update - possible Inside a Wedge?Ahhh #BTC #BTC #BTC!!!!! we have been stuck trading inside a range from a couple of days now, Volume has drastically decreased & it is imminent that a Big move will come!!
I have been keeping an eye on Ascending triangle for a while now, S/r flip for me was 6677 & we have been staying above it with a couple of daily closes, my shorts were from 6915 which I have taken 75% of position off simply because cleaning up the charts & looking at it again this is what I am seeing
A Falling wedge!!!!!! (it's inverse chart meaning it's a rising wedge)
we are at the trendline support that means only one thing could happen, We go up!!
I am neutral at the current levels, I have been Bear but as I mentioned in the TA channel on telegram if we close above 64xx on weekly that will be super bullish!!
i always try to keep 2 variations mainly because of heinous wicks on BTC, this is one more possible wedge pattern which is forming -
this current setup you see on the chart has lots of confluence
after we drop down straight to 3k there are some Liquidity/ Fair Value gaps above us!
We have a BIG BAD 10% CME GAP!
considering usually wedges breakout at around 75% I will start laddering my shorts from 8251 with stops above the top of CME Gap.
you can also use Leverage on FTX or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
#Bitcoin - #BTC short to longI wanted to publish the idea but being Busy lately wasn't able to, I did share the short trade on telegram & we have been able to catch almost the top :D
for now, I feel we can retest 99xx levels, if you see good rejection then you can enter short position & ride it till the last leg
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)