Bitmexsignals
gone SHORT - Gainz Mastering the MarketAfter locking in the 15% Gainz we made this morning, we have re-entered the game for further profits
If you get this in time, enjoy your profits X
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Short Term Upside to 9200 LevelsThe 1 Hour / 4 Hour and Daily Chart suggest that BTC may be ready to move upwards to 9200 / 9400 levels before it starts to fall again based on the weekly chart.
1H:
4H:
Trade Active on BITMEX XBTUSD:
Entry Price: 8912
Target 1: 9065
Target 2: 9217
SL: Close below 8810
Support with Like
Bitcoin Post Halving Trend-FillLooking forward to Bitcoin filling out this trend post-halving
Price has pushed our micro market structure from last June from 12k peak to 10.6k peak in early 2020.
Expecting price to break into macro trend zone of importance at 10.8-11.2k then accumulate there for a larger breakout.
Probable scenarios For BTC Next MovemonetWe are facing a Strong Resistance on Monthly Frame at 9250$
So we have two possible scenarios for now
First One:
Is that BTC Succeed to break the resistance at 9250$ So it will continue to Test the next Resistance at 10760$
Second Scenario :
Is that BTC failed to break the resistance so it would fail to support at nearly 7227$
So,
I am entering a Hedge Trade at 9240$ as a short Trade with double quantity Stop-lose above 9250$
as if it failed in breaking the res. i will continue with my short position and if it broke the resistance the position will Flip into Long Position With Stop-Lose under 9250$ With Targets Mentioned in the Chart.
With that position we have A near Stop-loss and far target and we also can avoid the false breakouts
(Please Don't use more than 3X with Max 10% of Portfolio)
the Miners will dump btc before halving and bitfinex whale aboutExpecting as we study at data and trends , that miners will sell the btc before the halving.
we know that halving, means also 50% of income, as the price of electricity in up trend, will this be a sell trend as we had seen before years when there was a halving time.
Bitfinex whale ready to sell as the btc on the exchange ready. expecting the next trend this will go below 9K.
Have good time.
#XBTUSD #Bitmex xbt Entered into rangingMarket entered into ranging which side likely to be dominated
Short Side evidence :
1.Should retest weekly support aroubd 6.8k before trending up.
2. Most Oscillators in overbought region .
3.Forming a possible double top on 4h(conformo aftr close blw its nekline)
4. Not much expected volume for a healthy up trend.
Long Side Evidence :
1. Gap on CME around 8.4k region and as history prevails gaps are liked to be filled
2. RSI and Stoch trending up from 50
3. Weekly resistance around 8.2k region
4. Might see end of up trend with a roll over zone arnd 8.4k with then followed by phase IV downtrend
#BTC update - possible Inside a Wedge?Ahhh #BTC #BTC #BTC!!!!! we have been stuck trading inside a range from a couple of days now, Volume has drastically decreased & it is imminent that a Big move will come!!
I have been keeping an eye on Ascending triangle for a while now, S/r flip for me was 6677 & we have been staying above it with a couple of daily closes, my shorts were from 6915 which I have taken 75% of position off simply because cleaning up the charts & looking at it again this is what I am seeing
A Falling wedge!!!!!! (it's inverse chart meaning it's a rising wedge)
we are at the trendline support that means only one thing could happen, We go up!!
I am neutral at the current levels, I have been Bear but as I mentioned in the TA channel on telegram if we close above 64xx on weekly that will be super bullish!!
i always try to keep 2 variations mainly because of heinous wicks on BTC, this is one more possible wedge pattern which is forming -
this current setup you see on the chart has lots of confluence
after we drop down straight to 3k there are some Liquidity/ Fair Value gaps above us!
We have a BIG BAD 10% CME GAP!
considering usually wedges breakout at around 75% I will start laddering my shorts from 8251 with stops above the top of CME Gap.
you can also use Leverage on FTX or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
BTCUSD about to go downBTCUSD on a higher time frame just completed Wave 4. We are now looking at a sub Wave 1 and Wave 2 (still being completed). I've drawn a channel on the wave 2 correction, could become complex and could retrace 78.6% of Wave 1. Once channel breaks downwards we will likely hit $3000.