SHORT BITCOIN ON BREAK
You can clearly see the isosceles triangle that's formed on BTC chart, as well as well as your regular straight bear flag, the more people see this the more people will engage in selling, 2 confirmations is always good on TA, cause well you know it's hard to predict the future. we are about to drop to previous resistance of 40k upon break. We are below 200 ema on hourly, 4 hourly. only on daily we are at 50k 200 ema, that line going though the center of the triangle is 50k line. On an hourly chart we can see that macd is being squeezed which means that volatility is coming. Now it's gonna take a lot more buying strength to move BTC up, than down, but everything is possible. Although yes all indicators are rooting for a short position, we still need to verify a break, to predict that big ass red candle stick.
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Wait for the Volume spike, Don't rush it. better be safe than sorry. Volume still the same, Find that big candle to show you the momentum.ملاحظة
Let it go down a little more, find the voume spike, still nothing around 48900 doesn't count it's strong support on daily 200 emaملاحظة
still garabge, check low time frames 5 min it's goofy. it's not a rollercoater it's a swing on the playground at bestملاحظة
market seems to be pulling back, volume seems to be steadily increasing, good sign, I am still patient. if pull back is weak i am opening a short positionملاحظة
Look for signs of market panic not there yet, but selling pressure is there is a good sign for this BIG SHORT. NOT YET, I will post as soon as I feel fear.ملاحظة
whale notification within last couple hours have been showing whales buying staff from exchanges and transferring to their anon wallets, not a good sign, Volume still weak, we need to see big action. 200 ema on a daily is holding ppl back. They believe bull market not over. If we drop to 47-46 I believe that's when the panic is gonna kick in. When you trynna catch a big ride and not eat ****, you have to be patient. I haven't slept for 48 hours. We ready over here. We are climbing back to 48900 resistance and gonna test it. Let's see what happens. Key is patience especially when I am planning a large percent of my portfolio to go into a leverage trade. For any scalpers out there this is a perfect opportunity. We've been riding nice waves.ملاحظة
macd cross down at 4 hrs goodملاحظة
spx down goodملاحظة
crypto cap stays the same bad!ملاحظة
just shorted we dropped below support of 48162, there is blood on the streetsملاحظة
we still gotta break one more important resistance 47400, and rollercoaster begins for anyone who wants to wait guys!!ملاحظة
i hope you ppl hopped on the trainملاحظة
party's just getting startedملاحظة
we are stuck in a ranging market 47.4 - 49.4 long term ranging market trend.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.