Putrid_Shittgenstein

Putrid_Shittgenstein

Bearish ascending wedge just broke.... finally! :)

Putrid_Shittgenstein Updated 

I've gone long. Small bet.

Putrid_Shittgenstein

I've shorted this crap since 59k --- and now, amazingly, it looks like the bulls are back in charge. I'll have a bullish bias going forward, with a strong preference for long bets. Probably only go long if 35k holds tomorrow. Immediately, we might go down a bit, perhaps 35k test, and then up we go. Link, ETH, XRP ... the usual suspects look good from this...

Putrid_Shittgenstein Updated 

Rejected off of the previous support line this morning, we should go down later today.

Putrid_Shittgenstein Updated 

BTC is looking really weak, was rejected from 40k area and can't catch a bid. I went ALL In with a 20x leveraged short after it broke down. This might collapse to deep lows, maybe even break 30k.

Putrid_Shittgenstein

This is a rare bullish bottom formation, always cool to see.

Putrid_Shittgenstein Updated 

Link will hit resistance at 32$s, with 38 final target. I'm in with 20x leverage, already up 150+%

Putrid_Shittgenstein Updated 

So BTC has entered a no trade zone, and as traders we'll have to wait for the whales to decide the direction. We've put in a double bottom, which is bullish, but a sequence of lower highs that are bearish and we're currently in the middle of the range. If we can hold this area for a day or two more, then a significant push up to test 50k area is on the cards....

Putrid_Shittgenstein

Going to top of bullish descending wedge. If break out, target is 25 area.

Putrid_Shittgenstein

Relief Rally, then continuing down.

Putrid_Shittgenstein

Just looking at the chart published in February, and we can see that 78$s is the next target. I don't see 78$s holding and we should go to 100 bucks---which would mean the reset is a given. Reports from the periphery of financial distress and entrenching poverty; which will be exacerbated by higher oil prices as the months go on.

Putrid_Shittgenstein

I see a Bearish Ascending Wedge, at heavy higher timeframe resistance. BTC should return to 35800 area.

Putrid_Shittgenstein

We'll retest the middle of the H&S structure. A little surprised that it completed, but now it should go down 33,500 area to test support. A retest of 31 k is on the cards.

Putrid_Shittgenstein

Target 33650, my entry was 32900

Putrid_Shittgenstein

I have added to my short position from 36,500 and am expecting a retest of the local support at 35,500. Just to let you know, that I'm having fun as a trader, I'm not taking this overly seriously. I started this run on Thursday morning with 250 bucks on my Binance Futures wallet - I'm practicing trading futures contracts for the first time. I got up to 2500...

Putrid_Shittgenstein Updated 

I've been shorting since 58.5 k We punched in a lower high, bounced off the support line last night because the bots closed their shorts. Today, I don't think they'll close, and we should break down to complete the structure.

Putrid_Shittgenstein

I see continuing weakness. Target 1.55, 9x leverage

Putrid_Shittgenstein

Shorting with 12x leverage, to 1.71, actually 1.71 is conservative, but I'll play safe. This will complete the scary spider pattern.