reiiss7

reiiss7

Could be a "Real direction, fake move. Fake direction, fake move. Real direction, Real move." It doesn't look great for altcoins. I take a look at a mid-cap coin because it tells you a lot about the market. Where there is less liquidity, the situation can be more clear. This has helped me aid my decision.

reiiss7

Good Long here since the Daily Imbalance never filled. 500 is false support. Bears will be thinking a lot lower, Bulls will be scared to buy at this level.

reiiss7 Updated 

Preliminary Supply area test: Buyers will be waiting at 88k, 85k and open Shorts when 85k breaks Only to get liquidated when it goes back up

reiiss7

Buying Climax (BC) would be accompanied by a HUGE drop in BTC.D Many alts testing their 2021 bull run Break of Structure areas. AVAX is around 76-77. This would make sense if BTC does go to 130K.

reiiss7

As you can see, the Wyckoff schematic below shows a strong possibility that the 2021 bullrun was simply our Preliminary Supply area. There is no way of knowing what the exact numbers are, but there is a strong possibility we top way before 150K, and a fair way above 123.6K, which is where the majority of shorts would be placed. Currently we have a 5 wave...

reiiss7 Updated 

Looking to Short 0.489, as it seems like this is Redistribution still

reiiss7

A retest of the Preliminary Supply area. 104k was never tested. Buyers are waiting at 80k, 83.6k, 88k etc. So here is a perfect level to burn everyone. Ethereum dropped to 2k, and if it drops to 1.7k, 1.5k etc there will be a strong bounce again. Not many people are expecting this level. It might just drop to 68k, 58k etc. But here is a good level for me to...

reiiss7

Shorting the Monthly open is not as easy as it drops and you make money The situation changed, the fake pump already happened now 98.3k hold, for a final 104.1k monthly open liq pump SL 107.7k

reiiss7

Along the same lines of my ETH idea, the annotations speculate what might happen

reiiss7

If we get a Monthly close around this level, it will look awful (Shooting Star with a HUGE wick) A lot will short the Monthly close. ETH can take liquidity around 3469 and drop (Weekly Bear liq) or go higher to 3925 (Max pain for Bears) Bulls would be in profit but the Falling Wedge would encourage them to hold their positions, only for them to get liquidated...

reiiss7

With Trump coming into office, there is a chance of a huge blow off top. This is where I would be selling.

reiiss7

I've been thinking about scenarios where both Buyers and Sellers lose money the most. This is one of them. I'm making a note here as reference in the future, should this come to fruition. Preliminary Support for ETH is mid 700's, where I will be buying. Probably around 736. It would make sense here to create a Bull Flag / Inverted Head & Shoulders, as to...

reiiss7

Supply zone is around 104K Good chance it front runs sellers and hits the imbalance around 103.3k then drops Who knows :)

reiiss7

It seems likely that we are in Redistribution Phase B, with a TEST stage likely hitting the imbalance at 3456 area to take out late Shorts. Don't be surprised to see Crypto going sideways up for 1-2 weeks. Target 1 - 2970 (69k/70k ATH Retest for BTC) Target 2 - 1679 (33k for BTC) Target 3 - 375 (7.5k for BTC)

reiiss7

Time to wipe out all Shorts before the Crash actually happens I think

reiiss7 Updated 

Expecting a range between 3k and 4k for a very very long time.

reiiss7

I think we can liquidate everyone under 3600 and hit the supply zone around 4050

reiiss7

Looking like a Fake inverted head and shoulders within a Bear Flag type of thing. Demand Zone around 88.3k