We have an overwhelming amount of sellers who are possibly big bitcoin holders. We bounced off a main level, and it looks like there may be one last push from some buyers. I'm predicting a crash or a range for some time.
We are at the top of the range with a wick to the upside. The buyers steam has run out and this looks like a good opportunity for a sell.
In a clean uptrend channel with a strong bearish candle ready to reverse. Bears are in control.
I am already in the trade for a short. The long-term trend is down on the higher time-frames and we are currently at the top of a channel with wicks to the upside and at a main horizontoal support and resistance level. We also have a head and shoulders setup within the same area. Multiple confluences to confirm the trade.
In a long-term downtrend and at the top of the channel. Higher time-frame candles with wicks to the upside. Lower time-frame candles showing strong bear support.
We had multiple false breaks on the higher and lower timeframes. Strong bear candles and following the trendlines.
Strong pushes to the downside with confluence on the downward channel and a bounce off resistance. Big bear candles.
Looks like we have plenty of room to come shorter. We are in the upper part of the channel and their is a key support level we can hit or the bottom of the channel. Strong bearish candle also.
Looks like the smart money is grabbing all the stop losses and may move a bit higher for some more liquidity but eventually move down with a big drop. Keep the stop loss reasonable but above the liquidity grabs.
Short term down trend with confluence off key levels and candlestick analysis.
Possible buy on all the strong buy candles off resistance. We are in a short-term uptrend off a long-term downtrend. We have multiple confluences to support a trade to the long side.
We are at a strong level and need to see confirmation of either long continuation of the trend or a pullback to profit off. Look for a double conformation signal for entry unless you are a scalper. The trade is coming soon and don't miss out on some nice profit.
A Very high probability we will go long. Long term trade for close to a month. We are at a key level and the big boys have spoken. Ride the wave.
This is huge movement on the larger timeframes. Factor in interest rates and job cuts. Recession is real.
Everyone loves the dollar store during inflation, and the trendline bounce is perfect to buy.
Not to mention inflation and people trying to save money, Dollar tree is the way to go. Nice trendline. Wait for the conformation.
We have powerful bears moving in and they broke above the trendline taking out the dumb money.
The upside-down hammer is a strong signal for reversal and we are at a key level.(per my secret strategy) 20% of accounts may be wiped out eventually in the long run or worse. Don't say I didn't warn you. Be vigilant -Philotoshi