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Leverage

Bitcoin looks over leveraged This is likely the ramblings of a clueless idiot but I've watched enough YouTube video's to consider myself an expert on drawing lines in places that might possibly mean something is going to happen at some point in time in the somewhat near future. For the record I'm not a technical trader so I'm not sure why you are even reading this. Don't follow my advise as I rarely do either! Now that we cleared that up I'm trying to look at longer indicators to get an idea of where the market is. Comparing the long/short ratio trend to where price has trended. I'm concerned to see longs piling up while we are sitting near yearly lows. In the past when longs were this high we had seen a large move up in Bitcoins price. However in this case we are seeing longs piling up just to hold the price in the $3400-$3800 range. While we can certainly move up it doesn't look like we have much gas left in the tank before another move down. A double bottom is possible as it would reduce the over leveraged longs to but this seem less likely to play out in my mind simply because altcoins have moved up nearly 50% since hitting there yearly lows while Bitcoin remains hanging on just above it. Shorting here seems potentially disastrous and may lead to green wick of destiny melting ones face. Like much of the Cryptoverse I'm simply looking for the right time to add to my stack. I am a hodler of last resort and true believer in the one coin to rule them all. However lately more and more personalities are claiming the bottom is in. Which is reminding me of what happened when BTC got stuck at 6K for several months. The best move is to be patient and not look to deeply into every $100 gyration for answers.
BITSTAMP:BTCUSD
by RyanRogus
[BCHH19][LONG][10X][138.7% ROE]Trade: LONG BCHH19 Time frame: 4H Leverage: 10X Buy: 0.0341 – 0.0351 Targets: (1) 0.0362 (2) 0.0368 (3) 0.0374 (4) 0.0380 (5) 0.0394 Stop loss: Close 4H candle below 0.0336 Profits Potential: 138.7% ROE Capital allocation: <10%. --- Enjoy the trade... & HIT LIKE if you want to see more of these trades! THE POWER TO WIN Within, we all have the power to win. To call on it you need inspiration. To use it you need to persist. Within us all, we all have the power to win. Use it to face any challenge. Enjoy it to accomplish your dreams. Within myself… I HAVE THE POWER TO WIN. Namaste.
BLong
by MasterAnanda
5
BTC - AND WHERE IS IT GOING? SHORT? OR LONG?Quick little easy look at the chart. Analysis don't have to be compicated all the times with 10000 indicators and so on. Sometimes the best thing to do is delete everything on your chart and start with de basics! We can see a clear ih&s pattern and history on btc teaches us that those patterns are likely to breakout the opposite way. In my opinion thats just because to many retail traders are keeping their eyes on those patterns. What we often see is a trick from the whales, they break out to the upside to trap the "confirmation traders" and before they can even place their SL on profit they dump it. What do we do? We wait sit back and relax. The moment we see the breakout happening we keep a close eye on our indicator (). When we see exhaustion of the buyers we enter short, and we enter BIG. With a very tight SL incase they decide to follow the rules and reverse the trend. This way you always have the BEST possible R.R ration and in the long run you will find yourself much more profitable. Let me know what your opinion is about this chart and if you have another view show it in the comments!
BITMEX:BTCUSD.P
by grandcardone
XBTUSD 1 Hr Mex Chart: Volatility incoming•Been watching the 99 EMA on various timeframes, interesting how it seems to be a pretty well respected line for either support or resistance, particularly on lower TFs. Caught a nice short yesterday at $3840 looking at the 99 EMA and PA together. •Also the RSI stuck below 50 is another indicator I’ve been keeping an eye on. I’m curious to see whether that RSI level being tapped repeatedly will break for a move up, or hold strong to push price further down. The tightening up of price/smaller body candles are a sign that a big move is coming soon, one way or the other. My gut says we see a quick move up to trap some bears, but not seeing any clear signs just yet.
BITMEX:BTCUSD.P
by UnknownUnicorn2934042
XBTUSD 4 hr Mex Chart: Looking for the big swingsSome nice bullish movement on BTC this morning, looking to catch a wick to $3563 or $3630 for a short at some point, but may have to settle for the $3492 equal highs we see here and previously. Watching how the next few hours go before I change anything. Also looking for short term long entries at $3282(again) or $3250 if demand shows up again, could be for a nice bounce. Ideally, I catch the longs, up to the shorts and all the way down to $2814 or $2610, but we shall see. Some sideways action on BTC could let the markets breathe, and we could see A lot of big oppourtunities in altcoins.
BITMEX:BTCUSD.P
by UnknownUnicorn2934042
XBTUSD 1 hr Mex Chart: Bulltrap? Stop run? Retests to watchWe are retesting this hourly block from last week IMO, the spike last night was nice, but I'm pretty far from bullish at the moment. Watching how the retests of these highs goes. I would not be at all surprised to see another stop run up to $3920 and then a rapid dump for new lows. The red line at $3550 is the make or break level if we get down there. Anything short of a big bounce off that red line(possibly with a wick that goes lower) will mean we are in for much more blood.
BITMEX:BTCUSD.P
by UnknownUnicorn2934042
XBTUSD 4 hr Chart:Where will the blood end? Looking back in timeWe are currently in this current range of $3550-$4498, with more downside on the horizon looking increasingly likely. We have yet to see a violent reaction that would indicate a bottom or reversal, so looking back to lat Aug-Oct may shed some light as to where we may find that. $3k seems all but certain at this point, but as each support broken becomes resistance, I'm starting to look more towards $2600-2800 for the potential big bounce . Trade safe out there folks.
BITMEX:BTCUSD.P
by UnknownUnicorn2934042
ETHUSD/BitMEX: INCOMING RESISTANCE LONG 20XWhats up cryptopians!! As we can see ETHUSD has UPTREND, Above i have posted a chart of resistance points! If you are looking for a community to trade with on ZOOM in REAL TIME with LiquidMEX sharing his SCREEN then drop me a comment below or send me a personal message and i will send you the link to my platform where we are trading on BitMEX as a group. I also have trading courses that i am starting to mentor NEW traders on BitMEX as my reputation on BitMEX speaks for itself. ETHUSD OVERVIEW Tested resistance at 120 Rejected. Will retest 120 when Shortly will breakthrough as BTC is going to 4700-4800 at the moment. Personal Trading plan has not been established yet with ETHUSD though i will keep you updated on how i will trade this, Most likely with lower leverage around 20x with ENTRY at 117-119 !DISCLAIMER!:THIS IS NOT FINANCIAL ADVICE AS I AM NOT A FINANCIAL ADVISER. THIS CONTENT IS INTENDED FOR EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY!
BITMEX:ETHUSD.PLong
by Liquidmex
3