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Short-long

ALICE big falling wedgeALICE in big falling wedge since the start of Sep. Indicators look like it's ready for a move up, but after a drop like this, it's more or less normal to look bullish after the smallest move up... So I wouldn't look only at indicators to enter this trade. The safest long entry would be a possible breakout retest of 11.62 level, it was significant support before and now we can expect it could be big resistance. Common sense tells us that if BTC dumps continue, this long idea will be most probably invalidated... If the next small support at 9.47 is lost we could take a short trade. Stay safe and good luck
by PhilosophersStone
BTC/USDT Finding the Dip?BTC was on an uptrend since the end of July 2021 after the massive correction between May-July. We can see BTC was very bullish with continuous green candles in the weekly chart until we hit 53k. Since that BTC started to correct. As lots of experts predicted this happen in September. At the moment BTC broke the 42k Local support and trading below. if we refer to Demand Index it is still positive and we can see a downtrend making LH and LL (Demand Index). This indicates that Bears is in control at the moment bring the buying pressure lower. So how low we can go? 1. Well we need a big green spike on the Volume indicator to reverse the trend and we haven't seen one since mid-August. 2. If we draw Fibonacci on weekly chat we can see the 50% correction 41k and we touched 40k. If we lose this support then the next stop is the 61.8% at 38k. Worst-case scenario next stop at 34k (78.6%) This is a prediction purely based on technical and I'm ignoring all the FUD news. In my opinion, 38k is the area where Whales are loading their cash and waiting to BUY. Only if the Bulls lose the battle at 41-42k. The best strategy is to do Dollar Cost Average from 42k to 38k and accumulate much as we can. Because If we hit 38k or below then we will see a huge bullish spike in volume that will liquidate major bears and create a domino effect. This means BTC could pump from 38k (or 34k) to 48k in a short period. This is not financial advice, please DYOR and maintain proper Risk Management strategy
by CryptoCafeClub
1
XRP retesting previous support: prepare for LONGThe live XRP price today is $0,90 USDT with a 24-hour trading volume of $4.008.592.011 USD, - 14,08% in the last 24 hours. Since the local top at 1.40$, price undergone a significant correction (-35%), which we were expecting after hitting multiple times upper level of Keltner channel. The prognosis for the next days is still bearish as price has fallen under 20/50/100 days EMA and looks now ready to test the level of 200 EMA. Bearish fractal appeared, MACD is still bearish but RSI index seems approaching oversold area. Personally I expect the price to test 88-89 area as support (200 EMA) which could fail, determining a decrease up to 0.81-0.82 level, which represents the resistance oh 4h chart. This can be a good entry point for long position . Wait for confirmation of bullish fractal (red triangle) and a reversal in RSI trend. POSITION: LONG ENTRY PRICE: <0.83 TARGETS: 0.92 / 1.07-1.12 / 1.24-1.30 / 1.47 / 1.54-1.64 / STOPPLOSS: 0.675 Keep in mind that altcoin markets are always strongly influenced by BTC performance, therefore after the BTC bearish divergence playing out we can expect another dump also for XRP, possibly TO $ 0.75 area. ____________________________________ NOT FINANCIAL ADVICE
Long
by vf_investment
PALLADIUM distribution schematics!Hello my beauties. I believe Palladium is going to test the bottom of the range, come back up, and give us a nice markdown. This is a rough idea of what the price action will look like, in my opinion. My analysis is fully based on wyckoff distribution schematics. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
TVC:PALLADIUMShort
by TrickleDownFX
IS TESLA DISTRIBUTING? OR REACCUMULATING?Hello my beauties. I think TSLA is going through an interesting phase. It broke the trendline that led it to its all time high, and the sellers came in strong, stunning it sideways. For us to fully understand what is happening, we'll need to wait for some more price action. However, the following scenarios are possible, in my opinion: 1) TSLA will give us a nice UT (upthrust) off the higher end of the trading range, and we'll know that a distribution is happening, with the subsequent downtrend that will result from it; 2) TSLA will spring out off the lower end of the TR (trading range) and give us a nice uptrend continuation. The bias for now is neutral, as we wait for price action to give us further indications. It is something that I'll be keeping an eye on. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
NASDAQ:TSLA
by TrickleDownFX
SPY: Approaching Correction/CrashSPY: CAREFUL ~Since March 2020, we are in a dangerous upward wedge. While we could continue to see this uptrend through October, there will definitely be a correction in November or December ^^RSI divergence since last September confirms SPY's impending doom ~Monday is probably going to be opening red throughout the market but it is crucial for 442 to be the strongest zone of support on spy if it want to postpone the inevitable correction and continue this overdrawn uptrend ^^If SPY continues through 446, 442 is the next support ~If it bounces off 442, initiate calls with a PT: 456
AMEX:SPY
by CheckMatted
7
So Busy 👨‍💻😈 This post cam late but was in my updates on another post from Sept 5th for the few that care. [b ]Much Wow! What a dip. People tell me things like El Salvador NFTs and Visa etc. cool! I suppose I am a prolonged newb lol I held to the belief that we or I guess I bought/mined early for such events to take place and be known... IDK I do however know that I say down and don't feel wrong on the topic today and well since the last couple days. What are your thoughts? Is it bad that people like to realize gains and say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to pull profit and even short a little??? LOL No Advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" Things 🤷‍♂️ #Fixed IDK Protect Your Neck! 🙏FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK!"" I am The CoinSLayer 👨‍💻😈
KRAKEN:ETHUSDShort
by BradySWilliams
4
#BITCOIN to $36759? #BTCUSD #BTCNo!!!! first of all, I wanna say do not take this as a piece of financial advice and do not be emotional and get traped by bears or bulls. Fear and greed will make you emotional, first, beat it. Otherwise, it will make you a loser. I do not predict that much dip this time. But the worst case can be $36500 support. I'm looking for a clear reversal from BTC. There is a huge support and a demand zone of around $42000, and I'm hoping it will help the bulls to get the market back to longs. Let's see what's gonna happen with #BITCOIN. #SOL is doing great at this time. Hats off for Almeda! Cheers! May the force be with you.
BITSTAMP:BTCUSDLong
by CryptoObi
2
ADAUSD Breaks Main Trendline Important things to note: Main Trendline Broke Price has created a bear flagging pattern Price is deciding whether to consolidate or move downward First main support is around 2.8 Second main support is around 2.5 Third main support is around 2.2 Important Dates to Take Note of: BTC becomes legal tender in El Salvador Sep 7 2021 ADA Alonzo (smart contracts) go live Sep 12 2021 ADA Summit Sep 25-26 2021 ADA has broken its main trendline which is a bearish signal of a pullback. It has created a bear flag pattern and if you look at the 4 hr, you can see double dojis which makes perfect sense to me because it is signaling a continuation of the pullback. However, this may change as things unfold, so you should keep an eye on the 4hr chart right now. Timing matters right now. BTC looks to become legal tender which will occur approximately 12 hours from now. This can add some needed energy into the market, or it can fizzle out, either way, it is worth mentioning. If the price breaks the main support, you can assume that it is heading to the next support level, which I have noted on the chart. I suspect, it will continue to pullback. However, I do not think it will happen very fast. You should set alerts for the support levels mentioned so you can respond accordingly, if you need to. If it pulls back to 2.5, that will be good enough to push forward. Remember, every bull cycle requires a bear cycle and every uptrend requires a pullback. I will continue to keep an eye on the price movements of ADA and continue to update you. Now for some good news. As a person who follows ADA closely, I know that the adoption of the platform will happen very quickly with the release of smart contracts on the 12th of September. In fact, I think it was built with such a great foundation, I might just do an entire post on the fundamentals of Cardano sometime in the future. Pretty soon, we will see NFTs being created, DeFi, applications being developed, and overall strong adoption of the ADA blockchain platform as a whole. If there will be any immediate reason for ADA to move higher, it will likely be news coming from the summit on the 25-26 of September. So I would keep an eye on their twitter accounts around that time. Again, I apologize for having less time to post at the moment, but that will change in a couple weeks. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSD
by mysticalwalrus
24