$BTC Weekly OBV - Expecting to stay at this mid line a while Until we get big volume, I think we will stay at this trendline. We could imagine a scenario where BTC pumps to retest the upper trendline. If it can NOT pass through, it will be a confirmation of a downturn and a great short entry. This is when things could get nasty.
Shorting
ETHEREUM WEEKLY GRAPH ANALYSIS Chart is on the daily:
We will see positive jumps and positive movement as consolidation continues. After consolidation, the bear market will continue to go down. We will see more of these "false" jumps and consolidation patterns but ultimately, everything will keep on going down.
Ethereum must brake $3,000 to remain bullish, if not, we will see another $700-850 range.
Trade at your own risk and do your own research my friends! I would starting your positions soon once you see an indefinite bear pattern.
It all starts with just an ideaPotential EU short, hopefully dropping due to the failure to break resistance again, however my SL maybe too short looking at previous candle touching where my SL currently is after 7-8 candles. 1st risk free TP is at 1.05670. Lets see how it goes, currently jumping into profit. Will re-evaluate when I get home :)
Btc seems bearish to meI feel like what we are seeing now is a bull trap. There is clearly bearish divergence since we made the last all time high. Usually crypto bear markets don't go straight down. Normally the bottom of a bitcoin bear market is around 500 to 550 days before halving. So that would made us bottom somewhere end september this year.
Shorting Uni swap‼️‼️Hello traders and investors.
uni swap hit the resistance and I think it will not manage to stay above it
I'll open a short position in case of confirmed rejection.
however, I'll not open long even if it stays above the resistance.
Warning: It is not a piece of financial advice always do your own research.
BITCOIN POTENTIAL PULL BACK - GREAT SHORTING OPPORTUNITY! Bitcoin started a crazy rally to the upside but as always in order to continue the bull run we need to retest some supports and break some really important resistances! At 46.5-47k $ BTC is facing HUGE RESISTANCE from the 100 & 200 EMA ( ESTIMATED MOVING AVEREAGES) which is really strong! also it faces the EMA RIBBON at the weekly time frame which is proved to be a really strong support but also a HUGE resistance! At the end we are facing the entry of the BULL MARKET SUPPORT BAND which also in the past worked as a resistance! We need to wait a clear break and retest to buy for long position ! But in my opinion we will see some pullback which can be a nice trade (short) with some really nice gains!
@CryptoDrou
Trading is good But HODLING is the King of PROFITS!
UPDATE: Unicorn UP 908% after bull signal - now 25% correction?Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 908+% after the bullish Supertrend Ninja signal. Second 49% and third time 61%. The Supertrend Ninja predicted the drops of May 2021, July 2021 and Nov 2021. And is giving another potential drop signal 2 days ago.
Supports and Resistances are highlighted as grey blocks. Next support around 14 USDT. Which means a potential drop of 25%. Profits can be taken at each grey block (if shorting). Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
TWLO - Definitely Dropping!-We are going to keep this post super short. Just watch the companies alike such as: QS, ALF, Zillow, and many others which are unprofitable and are hyped up!
-What is going to happen next year that will damage these unprofitable roaches? Well, first of all, interest rates will rise which will of course damage these ones as they depend solely on cash reserves and loans. To put it better in words, their whole financial existence will be damaged.
-Will they face bankruptcy or disappear from the face of the world? No, of course, no, but short-term there is going to be blood guys. U.S consumers are dead, the Christmas season in the malls is dead, no one is spending. Inflation is breaking the backbone of small businesses. Many restaurants that our company Packart Inc USA works with for their daily supplies tell us that they are at the break-even or broke.
-So yeah, down the hill baby!
$DXY time to let the bears out*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
(Not a stock!)(FX Trade!)
Short $DXY at $94.300. You might be thinking "why should I trust your judgement?" and I'm here to tell you that we're @SimplyShowMeTheMoney that's why.
ENTRY: $94.300
TAKE PROFIT: $93.200
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$BTC taking profit 8% gain*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team entered $BTC at $60500. We planned to take profit at $72000 but we are now having second thoughts due to a really tough wall of resistance around $65000-$67000.
My team is taking profit here and thus closing out of our $BTC trade at $65451.36.
OUR ENTRY: $60500
TOOK PROFIT AT: $65451.36
My team made an 8% gain from this trade! Congrats to those of you who took this trade!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
BITCOIN - THE DANGEROUS BULL RUN PAJAMA PARTY!This video discusses my theories and speculation on the danger zones of bitcoin and what I theoretically think can happen in this final quarter of 2021 thru the year to the New Chinese calendar celebration in China where thousands of people who still might have access to bitcoin pull out their btc to enjoy their typical and annual holidays.
PS> This is for informational educational purpose and not investment advice.
GBPAUD SHORTING OR LONGING..?!we are looking at resistance trendline in the outer structure with the anticipation to sell , but at the current moment in time /structure we are raging between a support and resistance . we are anticipating for a break of structure to form a lower low or a higher high , so that we find a trend that we can trade with .
what happens to GBPAUD after the completion of pattern ?we are able to view that in this case the price action has made an effort to complete our analysis , to both hit the resistance level , and trendline . we anticipate a bearish push through the market / there are a few things to consider before committing t this trade , as we have to confirm the price action movement in the lower time frame , or rather a reversal pattern from this point .
Natural Gas ShortLooking to short natural gas on a possible role reversal of previous support becoming resistance.