UnBearyBull

UnBearyBull

As bitcoin begins its ascent to $50k, we can see that price has done exactly what was expected, and what was forecasted in previous postings. Price will always go where it will f*ck over the most (retail) traders. As we can clearly see, price came down to liquidate the bulls’ positions, and will now continue its ascent upward to liquidate the bear positions in...

UnBearyBull

Bitcoin has officially broken bullish structure. The question is, how far will we actually end up dropping before the bulls inevitably take back control? I have marked up a few areas of imbalance (purple boxes) where I think are likely to be good targets. Price will always go where it will screw over the most retail traders. So, I have also marked up with “$”...

UnBearyBull

At least temporarily. When I look at this chart, I see imbalanced price action all over the place (purple boxes). And as we know with the smart money strategy, price will sooner or later make its way back into these areas. So, my thinking is, if we get a break of structure (dotted line) followed by a re-test somewhere close to the imbalance above that area, or...

UnBearyBull

We’re seeing quite a bit of confluence confirming more bearish correction to come in the near future. Solana is currently in a bearish correction structure within an overall higher TF bullish structure. Despite buyers continuing to enter the market, we can see that current market structure indicates more downside based on smart money concepts: 1) we have...

UnBearyBull

Looking at a nice 3X short on BTCUSD! There’s even a possible long term short if we break past the high demand 28,000ish area... stay tuned for updates!

UnBearyBull

Taking a 2X shirt on UJ. Because we broke out of previous structure I am expecting to ultimately go long on this pair, provided that we have some buyers enter the market to break previous highs. Once momentum starts, this pair might go to the moon!

UnBearyBull

Disclaimer: Trading reversals is riskier than trading with the trend. Keep your profit targets short and your stop losses shorter. Never trade with money that you cannot afford to lose. Based on the structure of AUDUSD, we have a confirmed (slight) downtrend. It may not last long, unless it breaks the previous low before the trend started. That being said,...