YFII SHORTBearish momentum in both lower timeframes and higher timeframes targets are placed at the next support levels
Short-btc
ROSE Price Correction - Bearish Trend Ending SoonCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
Litecoin H&S Formation GameplanHello Trader friends,
With massive increasing price, Litecoin became one of the interesting coins in this bull run.
This coin increased around 30% in between 24 hours and found itself a high around 274.6.
Then price started a correction and a left shoulder and a head formed.
I started to observe closely this price action and planned a strategy regarding this formation.
If price breaks below the trendline and retests, I will open a short position targeting around 50% Fibonacci level which is USD 242 .
My strategy
LTCUSD Short Position
Entry: 259
Target: 245-242
RSI divergence should be noted as well!
Stay safe and don't forget, you don't have just one opportunity. Relax and watch the price action!
Likes and comments are highly appreciated!
BTC Short TradeFirst of, I'd like to congratulate y'all for the new ATH on BYBIT:BTCUSD . I remember some time ago people were saying 30k BTC meant the end for crypto. Well look at where we are at now!
Now, let's continue with the short idea I have for today. First of, let me say I'll play with little money since I dont like BTC is pinning the 50 EMA showing support there. Though, I think a retrace is really likely to happen looking the previous fractals, EMA's and price action. The entry is exactly in a high volume candle (these candles usually get recovered and price is used to bounce off those points).
The Take Profit will be the 200 EMA, so pay attention, don't sleep with the trade opened! Or maybe yes, but leave an alert when price touches the 200 EMA! I hope this trade goes well for us so that we make some money :P Once again, congratulations for the new ATH on BTC!
4H Evening Star Doji - At Resistance We have formed a bearish evening star doji candle right at resistance. The last time we had such a candle at resistance BTC fell 20% in about 12 hours. Even though bitcoin has been completely invalidating all bearish scenarios, I think this is the one that does it in. Not to mention the ridiculous bearish divergence that has been playing out. Most bears have now flipped to bulls and the moon boys are extremely euphoric. We could very well see a large pullback here in the upcoming hours. But who knows BTC is so manipulated that it could just defy all TA once again and just continue to the upside, but I wouldnt bank on it. I would expect alt coins to take a massive hit as well. Ive opened a short here. Looking to take profit around 47.5K.
Thank you for viewing my post!
random analysis on TWT daily time framepersonally i imagine 3 scenarios for TWT that are described below . two green arrows are very optimistic and the red arrow seems very Pessimistic . there isn't enough enthusiasm in the market in case to break the ascending channel upward and form a new ascending channel above the recent one . in other hand there isn't any specific volume in the market which may lead us to red arrow scenario . but that's a nice ascending channel and it seems that TWT is adhere to it .
i always search very deeply for any sign of bull trend starting and this time i found a very little nice HIDDEN divergence on RSI . let's see if it is enough for starting a new bull trend or not . only time can tell
ETH/USD 📈 Bullish divergence 🐮ETH / USD
Today we can see a bullish divergence at 4h TF.
Upon successful consolidation above the level of 3400, there is every reason for further growth, but there is also a second scenario - a descent into the support zone at $ 3000.
Both scenarios have the same chance of being realized.
Do you agree?)
Your Solldy.
BTC BTC In the weekly time frame, it is in an ascending triangle, but now it has reacted to the resistance and we are witnessing a drop in prices up to 37,000 dollars, and then we are witnessing an increase in prices up to 100,000 dollars.
In the daily bitcoin time frame, support is broken and declining.
ETH short term - 3 options (other pairs also)If the support we are sitting on right now holds, we are going straight to 3500-3600 resistance. If it doesn't (looks like it won't), we will healthy retrace back to support levels. We have 2 short term bearish options in my point of view, which will probably realise. I doubt we have that much bullish power, but crypto is crypto.