umothegreat

umothegreat

Hey there, Just wanted to share an update on Bitcoin. Since March 2024, it has been trading within a 30% range, showing significant consolidation. I'm leaning bullish because Bitcoin has left a lot of untouched liquidity behind, and I believe it's only a matter of time before we break the all-time high. If you've been trading the long side swings, you've likely...

umothegreat

Hello there! I am back with my next short. I entered already my position and my first target is the area in the box. I will mention the reason for this position later in the updates in this idea. Stay safe

umothegreat Updated 

Hello there! My trading positions on my previous posts are still active. Actually, I did not take this ETH short, but it was also a very good opportunity. So I expect a big drop. Stay safe! Best regards

umothegreat Updated 

Hey there! Related to my previous ideas, here is my trading idea for the upcoming weeks. My bias didn't change after the last pump. It was nice to see that bulls are still alive, but IMO this pump was also in my calculations because of the huge shorting volume from this 21k area. The market took them out, and now it is following its trend. Markets are bearish,...

umothegreat Updated 

Hey there! I am taking this swing short. Nothing to add, I am still very bearish. Stay safe

umothegreat Updated 

Hey there! I was looking at the ugly charts of cryptocurrencies when I wanted to update my previous ideas. As I mentioned before, the buying area is around this level (green box). My main target is still between 12-14k. But in view of the fact and compared to the "corona crash" (to give it a name) at this time it will be different IMO. -very high interest...

umothegreat Updated 

Perfect rejection in my shorting area. Unfortnunately the market did not gave me the last long (from 19k area) but I got some quick scalps in lower TF. I would add some more shorts if price recovers but I am expecting a price below 20k very soon. My SL is at 25k Targer 16K Good luck and stay healthy

umothegreat

Hey out there! As I mentioned before I am still bearish at the current market situation. But for now I am trying this long setup. R:R seems pretty fair for me to take this trade. Ethereum is longterm bearish, so I will short ETH after we will see this move at BTC. I am expecting that ETH will bounce to 1800 levels.. Wish you all good luck and stay healthy.

umothegreat Updated 

Hello everyone! As I mentioned in my previous idea, I'm still bearish. For now I'm expecting a bounce from this area to 23k-24k. From there we should see a bearish continuation to 16k. Btw I will take profit at 22k for this trade. Good luck to everyone. And of course thats not a financial advice.

umothegreat Updated 

Bitcoin and stocks are not looking good so far So I will buy Bitcoin 12k levels

umothegreat

Bitcoin is looking still for a bigger correction imo. Let’s see if it plays out. Good luck