Nice how theres a gap right there at historical support line. Like $1200 folks big woop who cares short it and make plenty of coin if it goes there.
Short ETHUSD with leverage likely dump soon. Pennant formed reaching completion. Theres a difference in a flag and a pennant to me doesnt matter if following a pump or a dump, I short em no question asked I look for them hiding in all timeframe. This is ETH on daily, rather large pennant likely to spew out red candles to the downside. Good luck and happy trading.
Here's another altcoin that I will be taking a short position on Delta Exchange as of right now.. we have some overextension and it's looking like a correction is due it's not really healthy to continue being extended past a sequential 9. This one has been defying the laws of gravity for a little while here so just be aware it could just get real crazy and keep...
Interesting to see what happens here. I believe BTC is about to pump hard potentially, so a huge red candle here could make sense. I typically plan for short trade on pennants. If you are interested in sborting this to accumulate more bitcoin you can do that here www.delta.exchange my recommendation will save you 10% extra off fees combine that with...
Might see a 3 drive bullish div down to orange line. Might just pump here because we are near the 618 fibo... I would long here with stop loss at this point could see some volatility to upside.
Two 9 sequential sells with bearish div looks very pennant. The move is bullish but the price action may initially break the pennant bearishly
Could see parabolic upside action here. To maximize gains first buy bitcoin, then send the bitcoin to Delta derivatives exchange. You will find it here www.delta.exchange use my ref link to support my analysis I provide if you are going there anyway to Long Tezos with leverage, might as well use my ref link you can trust it's legit link. 10x leverage is plenty...
This would not take a long to play out actually. BTC moves fast.
Hidden bearish divergence on the 3rd drive now 3rd times always a charm high probability of dumpage. Let's see...
This is what average Investors or new traders think I mean, or they dont know how to even short Bitcoin to either hedge or accumulate more bitcoin. Bitcoin crashing to $2000 or even $1200 has potential to make a person extremely wealthy, especially if the realized return on equity remains in bitcoin as market recovers, the actual value of the profits earned...
Ok lines on a bitcoin chart here, everyone of them has a purpose as to why they are there. In this chart I give a broader perspective view with logarithmic chart data to give a more view that's has a more outside looking in effect on Bitcoin as a whole, and where we could potentially be right now in it's current cycle. Very briefly the main things I want to...
Just pointing this out. Also CME gap above 11k something to keep in mind, gap to 7200. Kind of hard to tell which direction BTC will take here. I'm thinking possibly up because slight bullish diversion off a big dump, could easily visit 10k real quick if it wants....
This doesnt have to happen. Alot of times my lines get hit. Take it how you want to, it is what it is to be honest. ETH will function at $170 or $17 or $1,000 doesnt matter really as long as the network advances and handles scaling issues, it will become more valuable... BUT, there's alot of variables to consider here and manipulation and momentum is strong...
Where you take dirty fiat and short it for Bitcoin, then take that Bitcoin and short it again against it's own self and make more Bitcoin print out and sell tons of calls make even more print out magic internet bean money.