Liquiditypool
The BIG BTC Shakeout...Don't be fooled, BE PREPARED! FUN TIMES!Longs getting rekt, then shorts will get rekt and most will get left behind.
Looking at COINBASE:BTCUSD on the 3 DAY, because the big profit is in the broader moves.
When you throw a tennis ball hard at the ground, does it bounce higher than where you released it from?
-It's gonna come down even faster than it went up, and if buy orders aren't in place you'll be chasing an entry after the hard bounce.
-Violent move down just starting, longs getting liquidated and stop losses getting hit...still more pain to come.
-Think about how market movers leave the most people behind...destroy the hopes of 10k anytime soon, only to be above it after massive rally bounce after sweep below 6k. (HINT: LOADS OF LIQUIDITY BELOW 6K)
-This is the BIG SHAKEOUT.
6K will be broken just long enough to draw in all the bears and turn bulls to bears. Market will reverse and use all those shorts, which already outnumber the longs to rocket it's way back to 5 figures...
Close Below $5150 and I'd say this is a failed idea, but until then it's still bullish correction/shakeout.
What are your thoughts? Please share your ideas and let's discuss
Liquidando a todo el mundo (Swing: Long & Short)Bajo el concepto de que Bitmex empuja el mercado en función de que pierdan la mayor cantidad de jugadores, para de esta forma aprovechar la liquidez.
Los rectángulos rojos son pools de liquidez.
Entre hoy y mañana debiera subir el precio hasta los 8916-9072 para luego bajar bajar y bajar.
Short: Un buen punto de entrada para el Short es arriba de los 8914.
Long: Se puede operar el Long también, pero es un poco más peligroso. Un buen punto de entrada es abajo de los 8649. Yo entre anoche en 8522.
Recuerden, primero Long, luego Short.
En caso de que el mercado se lateralice más de 24 hs este pronóstico puede cambiar (ya que van cambiando los pools de liquidez).
USDCHFX marks the Spot.
For a Bullish Price Action,
Swissie broke out into New Year Highs. Good to BUY on dips above 1.00900. Next Target at 1.02200.
For a Bearish Price Action,
Liquidity tapped at the Weekly Highs. Look to enter a SELL on a break below 1.00900. A short term SELL may pop around 1.01700 minor resistance. This may not hold price for too long.
I am more Bullish than bearish on the Swissie.
1st Target at 1.01700
GBPAUDX marks the Spot.
For a Bearish Price Action,
I expect further weakness on this cross. Continue to SELL on a rallies below 0.83450. Target at 0.78850
For a Bullish Price Action,
A close above 0.83450 and I expect some bullish momentum. Look to BUY dips above this price zone with Target at 0.87150.
I remain Bearish on this cross.
USDCADX marks the Spot.
For a Bullish Price Action,
Watch the fractals on the Weekly. We may be having a repeating pattern at play here. Bullish Target at 1.36000
For a Bearish Price Action,
A close below 1.32800 and I'll flip my bias to a SELL. 1st Target at 1.28850
I am more Bullish than bearish on the Loonie.
EURUSDX marks the Spot.
For a Bearish Price Action,
Daily Descending Trendline respected. 4hr Ascending Channel broken. Good to SELL on Rallies below 1.13000. 1st Target at 1.1130. Long-term Target 1.09000
For a Bullish Price Action,
If bulls reclaim 1.1300, we may begin a retest of 1.14700. This is unlikely as fundamentals continue to drive the fibre lower.
I remain Bearish on this pair.
GBPCHFX marks the Spot.
For a Bearish Price Action,
Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550
For a Bullish Price Action,
A slow grind UP on a very weak CHF. The CHF has been the weakest currency this month, Pound weakness doesn't show here. Look to BUY pullbacks, however, we may be hitting Weekly Supply Zone. If we break 1.32620, look to BUY pullbacks. Target at 1.34200. I'll be avoiding BUY signals as price appears to be topping out.
I am neutral on this cross at the moment.
GBPCHFX marks the Spot.
For a Bearish Price Action,
Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550
For a Bullish Price Action,
A slow grind UP on a very weak CHF. The CHF has been the weakest currency this month, Pound weakness doesn't show here. Look to BUY pullbacks, however, we may be hitting Weekly Supply Zone. If we break 1.32620, look to BUY pullbacks. Target at 1.34200. I'll be avoiding BUY signals as price appears to be topping out.
I am neutral on this cross at the moment.
GOLDX marks the Spot.
For a Bearish Price Action,
We hit a Supply Zone on the Weekly and price reverses. Look to SELL rallies with stops at 1300. We continue lower. Long-term Target at 1237
For a Bullish Price Action,
If bulls reclaim 1300, I'll flip my bias to bullish and look to BUY pullbacks with Targets at 1350 & 1365.
I remain Bearish on this metal.
USDJPYX marks the Spot.
For a Bearish Price Action,
I may be interested in a SELL below 109.800. This is quite unlikely for a few weeks.I still expect a retracement before the bulltrend continues.
For a Bullish Price Action, A break above 112.150 and I'll be interested in entering a BUY. Until then, we may likely remain in this new Range (112.140/111.160) for a while. I remain Bullish on Dollar pairs. Look to BUY pullbacks above 111.160.
Target 114.450