After rejecting 1.3, a big bearish OB was created. Expecting retest of 0.86. This is not financial advice.
After yesterdays crash, and fakeout from the triangle, BTC is ready to go lower. Targets: 60000, 54900, 50500. This is not financial advice.
After rejection at 145 we are ready to retest all previous FVGs from yesterday. 100 possible This is not financial advice.
After rejection at 0.439 we are ready to retest all previous FVGs from yesterday. This is not financial advice.
After BTC price rose to 70k zone due to many liquidations of short positions, it has reached level of resistance. On 15m chart there is overheating of RSI. For me a double or triple wick through 70 zone on RSI is a confirmation of a downtrend. It's needed to say that if in a few hours time, if RSI goes over 75 it can lead BTC in another pump towards an new ATH...
Seems like the bears are running out of force. I believe that by crossing 0.14, the price is ready to go up on the course of next few days. I see 0.24 as new ATH after which we may see a longer retrace. This is due to the harmonic pattern of the previous run. Green day close could mean we will see about 7 green candles startin today. I am 10x from a bit below...
This is just a sketch, a mere view of how the price may move in the really short term. We may see more pumps tonight, and then some longs taking a profit, and whales shorting. I believe I see a price reversal somewhere in the drag, bottoms becoming higher. One more big 1h candle could push bitcoin into breaking 50500 and going into the upper long-term...
I am longing C98 with a target at around 6. Entry at 4.1336, Stop right below. I am using 25x leverage with a tight stop. Looks ready for a small retrace (maybe) and mega pump of 50% Trend analysis on 15M suggests that this may also correlate with BTC attacking 50k soon (if it doesn't go lower). This is not investment advice, but it is what seems like a confident...
I've been very comfortable shorting and longing XRP up to 25x on binance using SVAPO_LB, TD 8 & 9s and Trend Reversal indicators. After a semi successful short (glass hands where i halved my profit by closing position earlier) i am now long.