Hedgehog_king

Hedgehog_king Updated 

This time we have tiny descending triangle on 1h TF, this time it's continuation of the last drop but smaller one (Break out of +/- 1000-700$... Our next strong support levels are 7k-7200... Volume buying power sux, also bulls failed to show comeback.. Be ready?...

Hedgehog_king Updated 

Ok, so on 4h I see bearish divergence for short term.. Also volume buying power fits to 4200-5500 zone price!! this is bearish for mid term..

Hedgehog_king Updated 

1. Oscillators mostly reset on low TFs (Daily and lower), and most of them have still a lot more room on higher TFs (weekly/monthly)... 2. Most of the MAs (Especially if we check them on 4h tf, such as sma200, ma50, ema89, ema21, ema200, ema50...) are close (or already) dead crossed and above price levels (strong resistances)... 3. Clouds on all low TFs are above...

Hedgehog_king Updated 

I'm in short here again ;) I said yestarday that "Ok guys, I came into conclusion with BTC, if we close daily below 10100, or next 2 4h candles below 10050, Im shorting again." But! as PA changes all the time, it was a good choice for yestarday only, but now I see that even though we closed above 10100, we are failing to preserve this level here again, and thus I...

Hedgehog_king Updated 

- The bulls showing bigger and bigger weakness, they fought well, but they can't seem to deal with all the resistances and they are running on lower and lower energy, same patterns on daily and on 4h.... - lower closing dildo candles and the bulls just struggle to prevent the bigger move down, it seemed to me really off so far, but now I'm positive about...

Hedgehog_king Updated 

We managed to break the trap support/resist 1h cloud boundaries of 50 MA and 200 MA on hourly downwards, but since we still created a higher low nothing is 100% sure yet. - Long: If we manage to return on the 4h above the blue line (10200-10225), then we will be testing the next blue line (10615-10650), if we manage to break above it then we could be aiming...

Hedgehog_king Updated 

So I wanted to update 2 perspectives: 1. TA: - The bulls had their hand on top for a few nice days, but to me it looks like they are exhausted lately... - Rejected the daily cloud - Got very close to the descending triangle ceiling (Sentimental barrier) - We are riding on top of the 4h cloud (This cloud is almost always breaks hard downwards, especially after...

Hedgehog_king Updated 

After the last events which I myself didn't expect (Even though there were very strong signs for it from different directions, as well from traders I trust which put me in my place ^_^, as well from my own most valuable indicator that I love the most which I decided to ignore), and learned the mistakes.. we can continue and trade the pattern. * Overall lookup: 1....

Hedgehog_king Updated 

Monthly closed at-last, and to me it looks bearish.. but I already showed why on monthly I see same bearish (Correction) patterns like from previous parabolic run: Today I wanted to zoom in to weekly and show you why I see same bearish (Correction) patterns: 1. Just like in any market, when fear holding their assets they are panicking, and this is why usually...

Hedgehog_king Updated 

Looks like a pennant trying to break up/down... Usually a pennant is a continuation pattern (Much stronger then a symmetrical triangle), if bulls get enough volume, the might be able to turn things up, but I see very low buying power, and thus I thing we will continue down... Thus Below 9400 we are going to continue the break towards the 9100... but if the bulls...

Hedgehog_king Updated 

So was I surprised by this 800$ crush? were you surprised? if you followed my ideas so far then I guess not... - We hit again and again into the 4h cloud resistances which included sma200 and ma200, we created many strong resistances... - Bulls had 1 last chance (Like I called on my last idea: ) to prove themselves that they can break these resistances, and for a...

Hedgehog_king Updated 

We might see a reversal thanks to the hammer candle... good time to long, we might (only might) break the resistances, this might be the only bulls chance xd... With a rising volume.. below 10057 will be bad for this. I'm not entering new positions yet.

Hedgehog_king Updated 

The same way we do higher lows on 4h, thus we do higher highs on daily. And... on 4h tf, we didnt pass volume buying power the last high (which means this wick is irelevent, and not confirmed the higher high, thus we continue to create lower highs): Also, if we ignore that wick (which to me isnt confirmed), then we have double top which sits on weak support but...

Hedgehog_king Updated 

So after we made some very good shorts thanks to so many resistances its time to decide if the bears have won. Confirmation for reversal market: 1. If we go below 9950 (Symmetrical triangle) and continue the break to below 9850 2. If volume buying power OBV goes below the last low OBV means the buyers lost their volume 3. We already confirmed all the rejections on...

Hedgehog_king Updated 

So you been trading for a while and got stuck in a symmetrical triangle apocalypse? let me make it easy on you: ____________________________________________________________________________________________________ **** Facts: 1. Triangle: At-least 2 lower highs, 2 higher lows to start the trend.. (in total 4 points) 2. Trend: Usually happens after months of one...

Hedgehog_king Updated 

Some people keep asking me where we go, but the thing is as I previously explained, it is all about probability, no one can be sure on any of the time terms (If people really knew to predict every BTC move they would be very rich and famous in doing so), but my probabilities atm are: Short term? no one can be sure... we are in a symmetrical triangle as I showed...

Hedgehog_king Updated 

- Too many too strong resistances withing a down trend of the green symmetrical triangle. - Most of the resistance is between the SMA200 and MA200. - We test the red Ichimoku on 4h= another strong resistance. - We are below the red Ichimoku of daily = another strong resistance. * Closing daily below 10k = bearish... - We don't have enough volume buying power to...

Hedgehog_king Updated 

* Short term (Few hours-26/08, including Sunday weekly closing candle and Monday reaction): - We are right below the 4h and 1h clouds testing, also right below the sma200 - all this at the 10100-1215 zone, rejection will cause pull down below the symmetrical triangle which will mean that we are going to test the 9080-9480 again.. - Succeeding in overcome the 1h...