ClearOpenDoor

ClearOpenDoor

People were wondering how I knew to open short at $52,900. Some of my previous charts highlighted that as the top profit-taking target during the last leg upward, for instance it was confluent with the .618 extension zone from the Sep 3rd swing low to high. I also look at things like bearish volume divergence, which was prominent even on the high time...

ClearOpenDoor

Look at it. It's a giant bull flag. It's motherluvin' beautiful. We're goin' to $214,000 folks. We're all gonna make it.

ClearOpenDoor

The blood of the Innocent shall run rampant through the network of blockchains. The cryptographic ledgers are extended gutters and the gutters are full of blood and when the drains finally scab over, all the locked-up stakers will drown. The accumulated filth of all their percentage gains and FOMO will foam up about their waists and all the saylors and latin...

ClearOpenDoor

BTC.D is on the precipice. It looks to be dropping first to monthly support at 37.64%, then possibly breaking through the low and pulling a .272 extension down to 30%. On the macro scale, the thick red line at the top represents a monthly resistance level that btc will never again get above (on any meaningful time period). The long-term trend is downward for...

ClearOpenDoor

I've decided to highlight two important points in this chart. Firstly, we are following the 'new moon, bloody moon' thesis again to a T. It doesn't show on the daily chart yet but the new moon was on Sep 6th. The massive sell-off was triggered almost exactly at that point. This was timed perfectly with the El Salvador BTC rollout. Coincidence or...

ClearOpenDoor

Well ladies and gentlemen. There you have it. Masterpiece? Or clown chart?

ClearOpenDoor

Somehow I got my 5x short filled at $52,940 earlier. The Binance chart showed that price only went up to $52,920 but on the exchange I was using the target got hit. Luckily I checked! Now I can set a stop loss, either in profit or a bit higher up. Also hedged with a long I've taken on GRT since .88. I'm perfectly fine with getting my stop loss hit in profit...

ClearOpenDoor

Congrats to those that took the last two trades with me! We fell to pretty much exactly the yellow line I had indicated, during which I closed my short in profit and flipped long instead. After that we had a nice little run-up on increasing volume. We have now been consolidating and fell a little bit, but on low volume. The last hour we made a pretty strong...

ClearOpenDoor

Short to just past the .5 fib retracement line or to the 1-hr 200EMA.

ClearOpenDoor Updated 

I think there is a very good chance we will have one more move downward before we get the last strong reaction to the upside, therefore I have closed my long at a slight profit and may even short the next bounce. We have not tested the 4-hr 200 ema since the beginning of this entire rally, and much like how we bounced from there on April 7th before making one...

ClearOpenDoor

I'm burned out from this market! My past several trades have gotten stopped out. Still trying to figure out the larger moves however. Who here is frustrated and who is making money? The weekly candle closed red, and part of me wants to short at the weekly open if we get back up to it. However, I think we have another move up that will take us further than...

ClearOpenDoor Updated 

We have found support temporarily and still have higher lows on the 4hr. The last close took us directly below the 21 EMA, I would have liked a close slightly above it instead of below but am expecting enough upward momentum for us to retest the 46.5k level. RSI showing decreasing momentum as we are now struggling up against the 50 mark. Again confluent with a...

ClearOpenDoor

Opening a long around 45k if we drop a bit more. Reasons: Price has touched trendline at least 3 times before moving higher There is a futures gap to fill at 49.2k Weekly RSI can hit 61 before encountering downtrend resistance line The 61.8% fibonacci retracement level is about 51.1k Getting close now....

ClearOpenDoor Updated 

Largest time frame candles look bullish. Hammer time on the monthly and long green on the weekly which closed above previous weekly resistance. This denotes immediate further upside. We also closed above the 21 ema on this weekly, with increasing volume on the second week. We could very easily test the 200 daily MA at $44,700 and I am weighing that as the...

ClearOpenDoor

Fundamentals say we are still going up, and now the technicals are turning back in our favor to support this thesis. 4hr has closed above the 21 EMA. We are bouncing from 50 on the RSI. Watch for a move back to the upside and a strong hammer on the daily close tonight. Expecting one more move all the way to the top of the steep 4hr ascending channel. We want to...

ClearOpenDoor

I have no idea how bitcoin is going to play out like this in such a limited timeframe. That being said, look at the strength and speed of this last move. We could very well be entering into a period of many consecutive weekly candles with enormous price range potential. This is a re-working of one of my previous ideas. For this to work out in the best...

ClearOpenDoor

Yesterday's candle closed above an important daily resistance level. We are still holding above daily and weekly resistance. Currently in a rising wedge on the 4-hr. As quickly as we fell to the bottom of it, we just bounced twice as hard. Yes, we are insanely overbought. I don't believe that matters right now. Many are looking to short this. Do so with the...

ClearOpenDoor

So annoying. I neglected the strength of that initial impulse and finally closed out of my short position at a loss. Sadly I've mentioned the probability of a strong spring at 29.4 many times and how the last time btc got bought up right above it, which began the move to 36.5. I was way way ahead on that short trade but when the time came I didn't look close...