As can be seen on the BITFINEX:BTCUSDSHORTS chart, bears are closing there (Underwater) Short positions in profit. Some of them have been holding the positions underwater for over 5 days before being able to push out some profit. The aggressive closing of shorts while we are aproaching the local higher low we formed 2 weeks ago gives us some bullish...
BLUEBIRD BIO: -Declining sell volume -Wavetrend indicator suggesting upside -Struggling with the 21EMA on the weekly Timeframe ENTRY: Aggressive -Laddering in your orders within the current area Conservative: -Wait for a weekly close above the 21EMA
Hey guys, The whole sphere became bearish as fuck when BTC moved below the 9k, which turnt out to be a liquidity grap, nicely done market makers. So we moved and past the .382 , got some resistance at the .50 and now on the way to hit .618. Well Im not so sure if we really hit .618 tho but I have some orders waiting there. The 9140 is still open , I took some...
Hello you guys, As I pointed out in my previous analysis I expected a test higher. Well as you probably have noticed we moved a bit and man finally some action. We reached 9200 and got rejected which does look concerning on first sight but hey it isn't set in stone as of yet. Ofcourse the macro view isn't that bullish unfortunately but I still expect some more...
Hey guys, As I pointed out in my previous analysis we lost the blue box by closing a 4HR candle below. After that the bulls tried to regain the area but got rejected once again and weren't able to paint a higher high in the short term. Besides that we played out the bearish divergence as pointed out on the chart. But no reason for panic as of now because we...
Hello guys, After the monthly close BTC have managed to move a little bit... thank god. As can be seen on the chart we moved right in the previous accumulation area which acted as support for about 10 days. (12-22th) After the previous lower high formed we retraced right trough the area and it became resistance ever since. The Bulls need to close a higher...