Hello trader,
good mood and profitable deals!
If you're new in the game, check out my previous analysis BTC Swingtrade PARt III, BTC fractal alalysis ! and Altcoin session is comming !
After a rally of almost 2000%, overbought for weeks and bearish divergences on all indicators,
I expect a bigger correction or a sideways movement in the next few months, but of course this has not yet been confirmed!
After the flash crash on the weekend, the cops could no longer correct the price, and IMO doesn't look like it either.
4 ma20 pushes the price straight down. If bulls don't surprise me in the next few hours and kick in the direction of 1D ma 50, I expect a drop to 1D ma100, where we will probably bounce.
If the price goes in this direction, I will go short after a death cat bounce.
I would like to mention that all I post are just options and my own opinion !
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
If u have any question feel free and comment
Thanks for the likes, I really appreciate that you are following me !!
Dyor and trade save!!
good mood and profitable deals!
If you're new in the game, check out my previous analysis BTC Swingtrade PARt III, BTC fractal alalysis ! and Altcoin session is comming !
After a rally of almost 2000%, overbought for weeks and bearish divergences on all indicators,
I expect a bigger correction or a sideways movement in the next few months, but of course this has not yet been confirmed!
After the flash crash on the weekend, the cops could no longer correct the price, and IMO doesn't look like it either.
4 ma20 pushes the price straight down. If bulls don't surprise me in the next few hours and kick in the direction of 1D ma 50, I expect a drop to 1D ma100, where we will probably bounce.
If the price goes in this direction, I will go short after a death cat bounce.
I would like to mention that all I post are just options and my own opinion !
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
If u have any question feel free and comment
Thanks for the likes, I really appreciate that you are following me !!
Dyor and trade save!!
Note
If you want copy one of my charts, contact meNote
Important fight for bulls. 49500 must break !Note
important levels: 48.5 ( must hold, for bulls )50k
51-51.5k
52.2k
Note
rising wedge in 15m chart, bring it to a doubletop or range..IMONote
15min H&S- target 49,6kNote
my target cant not reachedNote
So far, I've only ever talked about a bigger correction, but keep in mind that this rally could already be overNote
HL vs H&S with beauty flaws, in 15m chartTrade closed manually
Long trade closedNote
BTC sentiment on 37 (fear), time for a bullback !! ?What do you think ?
Note
1W chart log scaleNote
No reason for FOMO !! I expect a correction up to 55 k !!Note
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Trade closed: stop reached
2 win 1 loseNote
Target reachedRelated publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.