Another bearish sign to my previous trade ideaJust to add onto my idea below, a bearish divergance also got created on the 1h
See idea below to see my trade details
Cryptoshort
I recommend to sell COMPUSDT #CRYPTOMy future view is that it will go down I recommend selling from the entry area and not buying above it because I have traveled through time and heard that it has gone down.
why sell BTCUSDT?My oppinion sell BTCUSDT
I'm expecting this fall and I also think it's going to get past TP1
ETHUSD- Reversing ShortAfter a 9% day for COINBASE:ETHUSD it is approaching my long target, where I would like to reverse and look for shorts. Some of the key levels have changed but the thesis is still the same. Upon retesting the structural level at 3,000, I'll look for a move back below the former range highs at 2813. I expect we could find some support initially at this area. However, the major imbalances formed today are likely to drag the market lower. Another key point is 2618. This was essentially the bottom of the drive up, if bulls plan to retain control, a strong consolidation above this level would support a move higher. That being said, if the market breaches this level, expect for tons of long sided traders to unwind and for the market to fall back to value. While value has served as support recently, It isn't typically going to offer bounces without testing lower prices. Finally, a move into 1995-1857 is where I will be taking long term buy positions in Ethereum. Holding for a move back towards 3800-4000 before reassessing market conditions.
BTC SHORT TO $24- $26K BTC going on an A-B-C correction which is very common after a good 5 wave impulse
Blue 5 wave Elliot wave from 2017 to 2021
ABC corrective wave in RED
Wave C is an irregular correction(Wave B ended above start of wave A) and is of 5 wave series in PURPLE
Wave C has two more waves to go sub wave (4) and sub wave (5)
I believe there will be a more complex sub wave 4 in bigger Wave(C) which might go up temporarily to 40K before the final sub wave 5 ends around 26K
1) significance of 26K is it's Fib 61.8% at its all time high of 68K
2) Wave C extension of Wave(A) falls around 24K
So thae 24-26K zone is a great one to watch
Btc a very critical level In my personal opinion BTC will not be able to hold support above 39k much longer.
With rising interest rates I am very confident that btc will drop to support at 29k.
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Ethereum Short Update - ETH Next stop $2,800.00?Adding the red bold resistance to the chart, as price continues to breakdown *through itself*.
I think ETHUSD hits $2,800 before it $4,800; if it goes to $2,800, it will likely follow through to the $1,800.00 area.
Happy New Year. God Bless,
Chief
Recent long suggests a new channelMaybe the recent long made a new short channel? Lets see if it can break this or will it hold as a resistance.
Btc longterm shortThe arrows arent meant to be specific to time once we drop out of this triangle. They are meant as a reference as to what the next targets will be. There will be more up and down in between then what i showed as well. The $20,000 area where it ends is the bottom and the end of the bear market, soon as we touch that we will be back to a bull market, long time from now i expect.
TRXUSDT | Short/Sell !My argument:
1. Wave 5 is over, Corrective started
2. RSI Divergence
3. Hit the resistance trendline
ETHUSD I'm still very bearish with ETH right now Hi
I'm still very bearish with ETH right now
make sure you save your guns and wait for the last move before the rocket launch again
follow my analysis for more
Bloody BitcoinLooks like we may be rolling over again.
Holding the coins I love, but getting rid of any that are just speculative.
Stop trying to flex on me crypto kiddos.Market psychology relabel for BTC, Yes i think that all crypto traders/buyers are useless charlatans.
Nobody with half a brain believes you will get rich
eth - take a breathI saw another tradingview user post a short on Ethereum and I am inclined to agree, thought I would whip up some TA and post it, I added his to related links, I followed him in the rally 2017 so he has been at it longer then me. Eth looks like if BTC breaks out and goes up, eth will dump and if btc breaks down to retest support, ETH will dump! Anyways, pattern is forming a head and shoulders in to a bigger head an shoulders, tp 1300 - 1400, looking forward to buying the dip!
Crypto Short BTC XRPWhat about short?
Let`s watch in
TOTAL have some ressistance and Previous High Level
Bitcoin near ceiling
XRP always dropped
OMGUSD SHORT - BEARFLAGThe bear flag is likely to break downwards. We are currently in a consolidation phase.
Target: $2.50
LITECOIN will push down
LITECOIN is at strong resistance confluence
High momentum mounting to be pushed down
Short to join the bears!
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Also, see fresh ideas BELOW!
Bitcoin Short 7700 (6500) DecemberShort version of Bitcoin
TP-1 = 7700
TP-2 = 6500
Period = First dates of December
KAVAUSD - Head and Shoulder with massive potentialKAVAUSD and other Altcoins with massive Head and Shoulders Pattern.
This will drag down KAVA and frustrate lots of holders. DEFI was a bubble which burst.
Again hype was such a huge signal for the whole crypto space.
With the uncertainty regarding US elections, Covid-19 the stock market already started it's correction and so will the Crypto sphere.
Next entry for crypto is either make or break IMO. For a longterm and natural grow, they should stop to produce and hype sh**coins such as SUSHI, PIZZA and all this crab.
Entered margin short at around 2$.
Happy Trading.
ALGOUSD - Daily Chart Follow-UpWhat a crucial image. Same Head and Shoulders as a few weeks back, just bigger!
Looks like we have a waterfall scenario here... For the ones who hold ALGO, better pray...
Happy Trading!
