Scalp
BTC - COULD WE SEE A RE-TEST AFTER 48k+ - SCALP SHORT TRENDHello trading friends,
Since 44k + and we expect a 48200+ Target since yesterday this target did as here below
✅This update could only be interesting for those who are Day traders, those who hold long term and DCA should not study such ideas as this into the small time frame.
What is next?
The trend is still positive at this moment, and they're looking not too many changes, but this could change with time.
A re-test is healthy - Bitcoin could get a re-test to 47100 - 47200 to get new power volume, in this way a Short scalp is possible.
💎Its better to miss a trade than to lose one. and markets changing, if it was only up and down, then we had a great time and everyone did make the best profits. some times we should follow the market, and if we don't know, then we should wait for some confirmations
Means that 100% of this scalp trend should happen?
There is noting 100% sure into cryptomarket. it's a TA analysis, it could, and same time not.
Have a great trading day.
Bullish scalp idea ($48,800) trap bulls & liq 25x shorts (BTC)Hello traders,
I've been wanted to swing trade, but can't resist it any longer.
I'm scalping again because it's my niche.
Hourly candle closed as a reversal, looking to short $48,800 probably tomorrow.
Blue rectangle box looks like a good place to trap buyers & where whales probably have sell orders ($48,800 ish)
High risk end of week scalpPresented is the one hour chart with sentiment towards an end of week sell scalp.
If this current 1 hr bar closes below .64000 resistance I am looking for a scalp to retest .63600 and .63400.
MACD/Signal lines are slow moving over low volume histogram bin movement while a current double top retest at .64000 is in play. STOCHRSI is pushing out of overbought zone with top resistance.
This is a scalp trade so TP 1 at .63600 and TP 2 at .63400.
Please comment with thoughts and ideas and have a great weekend.
Powell's taper comments coming-up: Potential scalp opportunitiesI have set-out my logic in prior posts of how I am exiting the SP500 market from prior longs bought more than 18 months ago - by selling into rallies. If an infrastructure deal goes ahead and debt ceiling issues are dealt to successfully, I will reconsider my current stance.
However, I am happy to scalp particularly from needless / senseless market over-reactions for short term scalp trading opportunities.
We may see an opportunity coming up with Powell and the Jackson Hole meeting coming up.
My rationale set-out below:
- tapering is simply a reduction in the Fed's open market operations (OMO) whereby treasuries are purchased from dealers (secondary market) with the result being that cash from trader's is deposited into the Banking system. This cash is also known as reserves ( Refer blue Histogram )
- The effect of this QE style OMO is to strip credit interest out of the non-government sector that would have otherwise been paid to holders of treasuries as one form of money (treasurites) is replaced with another form (Bank cash / reserves).
- the banking system is 'pull system' , not a 'push system'. Banks need capital to make loans; not deposits as the Fed, like all Reserve Banks, they act as lender of last resort. Stuffing the banking system full of cash does not benefit Banks, rather it makes regulatory capital management harder for Banks and produces scarcity of interest bearing securities, with downward pressure on rates.
- to offset some of this effect, reverse repos have been employed by the Fed as a 'temporary' measure - but is its like a senseless merry-go-round.
Why am I saying all of this?
- where you have record high fiscal growth supporting a market (risks looming in the background - debt ceiling), and potentially needless market panic regarding the word 'taper', which is actually positive not negative for the market, then that's a great short term buy opportunity to scalp back to the mean.
What level will I buy at: I would like to buy around the cost basis of swing traders which is marked on the chart and which represents around 20% market capitalization. I will be checking out my Market Risk indicator which looks at a range of factors including futures spreads for a potential long scalp trade.
Instead, call writing maybe your go-to strategy here instead but there's not much Vol to sell (yet!)
#MMT
volume profile tell me REN will shortvolume profile is the best technical strategy for scalping and now tell us ren want to short
Alert ! Possible breakout !!Possible breakout for $burgerusdt from above or below the triangle !
RSI is below 40 levels so the breakout from above is more possible..
tp1: 6$
BTCUDT scalp - Prepare to shortBtc is obviously in a down trend in daily timeframe.
The static and dynamic resistances on the chart make us to be prepared for a possible short position with a remarkable risk/reward ratio.
Be careful; only short on the rejection from the indicated resistances, and also consider the stochastic indicator.
Good luck,
Median Eagle.
Short term bullish targets / sell orders (BTC) $45.8k - $46.4kHello traders,
Sell orders I’m looking to possibly get filled:
1) $45,850
2) $46,400
Sometimes when things look like they'll go back to your entry it's okay to take profits (or 90%) and look for an even better entry on the initial position taken.
If we lose $45,830 I'll add to shorts, either way profits are profits.
Never get greedy.
0 emotions.
"Plan your trade and trade your plan"
We can have a short term movement up and then still have a bearish daily close.
Stay safe.
👍