Hitting top Daily MA's, Its a good time to stack your shorts and ride the down wave thats likely on the way
Ma's testing top of 3hr charts, 4hr says we could be pushing to 34600 for probable summer top in which anything above 34600 should be considered a safe stackable short position for the rest of the year. Lets see how close this plays out in the next few weeks.
Ma's say close to topping out. Get ready to ladder them shorts for a potential summer long swing trade.
The freshly printed SMA2961 would be a great bearish target it BTC Breaks down from here 13.5k range, or else its likely going up to the EMA800 GAP 28k area.
Bnb currently riding the bottom freshly printed 141 Ma's, hoping for a dip under in the next week/s which will make a great dca opportunity for either a retest back up to the 141's or a longer break back above push.
Seeing how much thrust this last boost, if eth doesn't go nuts it may correct soon with rest of market as the usual end of year dump. Hitting the top BBs, pretty overextended at this point, markets are bound to correct sooner than later. But its just speculation and as always anything can happen.
Its on the 100 MA and looks bullish enough to push it to the 100 EMA. Maybe next week if it breaks through the 100MA be looking to ladder some shorts around the 100EMA for a few week swing trade. Bearish Scenario.
After massive bull trap, covid comes and smashes markets through monthly 39ema, has since rebounded and is re-testing as resistance. Trading bots are bound to start selling again very soon to plunge markets lower. Watch the 200Ema/MA as a potential bottom. Not trading advice, just seeing a pattern after super inflated markets for last few years get crushed by...
This is a short going off of both the 2 hour Mac d retest and the EMA 987/3200 Zones. It could very well be topping out here soon, but if bulls attempt to pump its going to retest the 2hr, and above that the 4 hour macd. I can't see if going much higher than that as those will created immense downward pressure. The markets are prone to a retracement soon to reset...
This last little pump was a 2 hr macd retest, not saying it can't break to the upside, but looking to start getting big bearish candles for a few days if it gets rejected.
Mac d crossed on the hourly, waiting for a retest that will hopefully act as support, watching that area for a potential long.
Its right there, stacking shorts from here, hoping for a blow the top candle to fill orders then crash back down over the next week or two.
Going off different time frames and mapping out potential topping out points if dash continues to go full on bull mode for the next few days The Weekly has serious resistance at 70-73 levels so it'll have a hard time getting and staying above that.
Lets see where btc goes with a few key MAs.
Might happen if btc doesn't flop on us
No description, just lines